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China’s ecommerce giants battle for instant delivery crown
Chinese ecommerce giants JD.com and Alibaba have ignited a battle for the country’s fast-growing instant retail market, ...
Alibaba Loses $100 Billion Amid Battle In China's Food Delivery Market
A protracted battle in China's food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., ...
Plunging pork and poultry prices put pressure on Chinese farmers
To curb further losses caused by oversupply and persistently low pork prices, the Ministry of Agriculture and Rural Affairs ...
China's ‘instant commerce' price war sees $0.30 drinks and billions in subsidies doled out
China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs ...
Xi Wants to End China’s Price Wars. But How?
Inside China, price wars are far more dangerous than US tariffs. As President Xi Jinping starts to address the country’s ...
Why China’s high-end hotels are setting up food stalls outside their doors
Consumer belt-tightening, shrinking demand for wedding banquets and a surge in new hotel openings have hit the industry. Read more at straitstimes.com. Read more at straitstimes.com.
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‘0 yuan milk tea’: China’s food delivery price war hits fever pitch
Steep discounts over the weekend delighted customers, but left F&B workers overwhelmed and store floors in disarray.
Chinese Inflation Turned Positive In June, But Deflationary Pressures Remain
CPI inflation returned to positive territory for the first time since January, rising to 0.1% year on year from -0.1% YoY in ...