china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

Pressure From Rivals Causes Apple to up Discounts on iPhones in China

Pressure From Rivals Causes Apple to up Discounts on iPhones in China
Pressure From Rivals Causes Apple to up Discounts on iPhones in China
May 20, 2024  |  Mobile Commerce

Apple has reportedly begun a campaign of heavy discounting on its iPhone in China. The markdowns — up to 2,300 yuan (about $320) on select iPhone models on...

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This Week in Web3: Crypto Payment Rails and Regulatory Clarity
This Week in Web3: Crypto Payment Rails and Regulatory Clarity
May 15, 2024  |  Cryptocurrency

As Nathaniel Hawthorne wrote in the1800s, “families are always rising and falling in America.” And the same holds true for the cryptocurrency and Web3 space...

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Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China
Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China
May 14, 2024  |  Earnings

Amid Alibaba’s declining profits, the eCommerce giant is seeing its online shoppers’ spending habits depend heavily on how trustworthy they feel the platform is. On...

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Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
May 14, 2024  |  Earnings

Ant Group’s profits have dropped 19% as the Chinese FinTech expands its digital wallet offering. A report Tuesday (May 14) by Bloomberg News breaks down the...

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Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
May 13, 2024  |  Retail

Shein reportedly has some work to do if it wants to court the U.S. retail industry. The fast fashion giant filed for an initial public offering...

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Chinese Users Report WhatsApp Working Despite Country’s Ban
Chinese Users Report WhatsApp Working Despite Country’s Ban
May 09, 2024  |  Cross-border Payments

WhatsApp is reportedly working in China despite a years-long ban on this and other foreign messaging and social media platforms. Users of the Meta-owned messaging platform in the...

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iPhone Sales in China Jump 12% Following Markdowns
iPhone Sales in China Jump 12% Following Markdowns
May 08, 2024  |  Mobile Commerce

Retailer discounts reportedly helped drive a roughly 12% increase in Chinese iPhone shipments in March. Shipments of foreign smartphones — most of which would have been Apple’s flagship product —...

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Alipay+ Looks to Expand as eWallet Use Grows
Alipay+ Looks to Expand as eWallet Use Grows
May 06, 2024  |  Mobile

China’s Ant Group is reportedly looking to expand use of its payments product Alipay+. “What we found is that people want to use their home e-wallets when they travel...

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