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Insights
16-Aug-18 Geely Automobiles has surpassed its top three Japanese rivals to become the third-largest carmaker in China, following a 54% jump in net income for the six months through Jun-18, helped by models that appeal to the nation’s young consumers. [image: Andrey Rudakov / Bloomberg]
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14-Aug-18 Kroger, the largest American supermarket chain, is partnering with Alibaba in China to offer products from its organic and natural line, Simple Truth, through Alibaba's Tmall platform, in an effort to keep pace online with Walmart and Amazon. [image: China Daily / Agencies]
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Insights
13-Aug-18 The People's Bank of China has a problem persuading banks to lend. The cost for banks to borrow from one another is now lower than from the PBOC, but a large chunk of those funds is sitting idle. [image: Qilai Shen]
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10-Aug-18 Chinese electronics retailer Gome will launch its own brand appliances, smartphones and televisions in India. The products will be sold through multi-brand outlets and online marketplaces. [image: Reuters]
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Insights
09-Aug-18 Logistics services company Dada-JD Daojia has raised USD500 mn from existing backers JD.com and Walmart to quicken the growth of its delivery network across China. Walmart has been pushing to integrate its retail network in China. [image: South China Morning Post]
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