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Chinese influencers: what’s a KOL? Key Opinion Leaders (KOL) are popular social media users who use to create a buzz or any viral content while generating a large following on social media platforms. Most of them operate in a field in which they have certain expertise. They’ll, therefore, create a personal connection with fans while…
Starbucks continues to expand its market share in China. By the end of last year, it has already reached 13,5 million active users in 4,600 stores all over the country and had opened many new stores even during the pandemic crisis. How is it possible? Starbucks keeps growing during the pandemic in China The well-known…
The unicorn Pinduoduo (PDD) is the biggest e-commerce company in China after Alibaba and also the fastest-growing e-commerce group at present. Pinduoduo arrived in China only in 2015, becoming popular in a few years. How is it possible? In this article we’ll explain: how PDD has become the current fastest-growing e-commerce platform; why it is…
China is the world’s second-largest economy and the service industry is becoming a major employer, contributing more than 60 percent to increased tax revenue and leading the country’s GDP growth. Last year, China’s tertiary sector companies, saw stronger profit growth in the first three-quarters thanks to rising demand for services and steady rising prices (…
Nowadays IVF services are booming in China. According to some industry estimates sites by NIKKEI ASIAN REVIEW, Chinese couples spend around $8 billion each year on IVF. Of that, in accordance with figures cited in China’s state-linked media, over $1 billion is spent outside of China. In addition to this, the future of the IVF…
In recent years, live-streaming e-commerce is extremely popular in China. During this year’s global shopping festival, at 3 o’clock in the morning on November 11, Wei Ya’s live -stream has attracted more than 43.1 million viewers, while Li Jiaqi, who finished the live stream one hour earlier, had 36.8 million viewers. With the momentum on…
McDonald’s China coffee brand McCafé announced that it will invest 2.5 billion yuan in the next three years to accelerate its expansion in the Mainland China coffee market. By 2023, there will be more than 4,000 McCafé shops in China. ”The Chinese coffee market is booming. Consumers understand and love coffee better. Today, we are…
JD has a record high turnover during the global shopping festival The famous Double 11 shopping festival just ended in China. Compared with last year, this year’s data continues to increase, and Chinese consumers’ enthusiasm for consumption remains unabated. The two leaders of e-commerce during this Double 11 is Tmall and JDcom. Pinduoduo did not…
After joining the World Trade Organization in 2008, China has become the world’s factory, foreign trade has developed rapidly, and the annual export growth is on average 1.5 times that of GDP, and foreign trade has become the fastest in the “troika”. Chinese export, as one of the troikas in driving economic growth, is severe…
Is the wave of China’s overseas real estate investment gradually receding? Paul Guan, a partner at Paul Hastings, a global law firm, said: “The demand for overseas acquisition no longer exists.” He guides Chinese institutional investors overseas in the real estate industry. Officials all know that the Chinese government has issued a clear signal that…
How to target Chinese bitcoins? First of all, what is Bitcoin? Bitcoin is a digital currency created in January 2009 as a consequence of the housing market crash. It was created by one or more hackers under the pseudonym Satoshi Nakamoto. Unlike other currencies, Bitcoin does not have a central bank behind it that distributes new money…
Unprecedented growth in china’s milk consumption in 2020 According to research by Euromonitor International, China is the second-largest dairy market after the United States. But it is estimated that by 2022 it will reach the United States becoming the largest dairy market in the world. With the development of China’s economy and the rise in…
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