China News

Last week 50,000 shoppers in Shenzhen tested digital RMB at 3,000 retail outlets. Ant Group's mega-IPO (largest in history) faces the threat of US sanctions. Pinduoduo jointly launched its “Super Brand Day” with Xiaodu, Baidu’s AI speaker.Meituan’s just launched its first AI Smart Store, joi...
Alibaba starts its 33 days promo before Double 11 by giving 100 million products almost for free. 😱 500,000 factories will introduce their products to consumers.Sales during this Golden Week reached RMB 1.6 trillion (US$239 billion). Average daily sales at major retailers and restaurants +4.9% Yo...
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