China

India takes aim at popular Chinese social media apps

Insights

04-Feb-19 Chinese social media apps have become hugely popular in India, with five out of the top 10 apps being Chinese-owned in 2018. The Indian government is drafting regulations to moderate content, in an effort to help Indian start-ups. [image: Financial Times]

Aramco amps up in South Korea with bet on refiner Hyundai Oilbank

Insights

28-Jan-19 State-owned Saudi Aramco plans to invest up to USD1.6 bn for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. [image: Reuters / Hamad I Mohammed]

Shenzhen building skyscrapers, metro, high-speed rail lines

Insights

22-Jan-19 China’s tech boomtown of Shenzhen has eased Hong Kong out of Asia’s top five cities by economic output. The burgeoning southern metropolis booked a 2018 GDP of CNY2.4 tn (USD356 bn), representing a year-on-year surge of 7.5%. [image: Twitter]

China's NetEase Kaola extends offline presence

Insights

22-Jan-19 Cross-border e-commerce platform NetEase Kaola will open 15 brick-and-mortar stores during 2019 in a bid to keep up with the Chinese new retail boom. The latest store sells over 3,000 SKUs including cosmetics, maternal and child, luxury, electronics and sportswear. [image: NetEase Kaola]

AliPay grows overseas with China outbound tourism

Insights

21-Jan-19 As Chinese consumers increasingly vacation overseas, their mobile-payment apps are following them, and offering a new way for merchants to attract customers. More than half of businesses saw an increase in foot traffic and transaction size after adopting Alipay. [image: Nielsen / Alizila]

India takes aim at popular Chinese social media apps

Aramco amps up in South Korea with bet on refiner Hyundai Oilbank

Shenzhen building skyscrapers, metro, high-speed rail lines

China's NetEase Kaola extends offline presence

AliPay grows overseas with China outbound tourism

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