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China consumer inflation rises to 1.6% in July

China's economic growth hit a 24-year low last year, expanding 7.4 percent amid a steady slowdown from years of double-digit expansions © AFP/File Fred Dufour<p>Beijing (AFP) - Consumer inflation in China rose to 1.6 percent in July, the government said Sunday, as downward pressure on prices eased …

Economics

China Crippling Its Online Financial Industry

On Wednesday, Alibaba Group Holding releases earnings for its quarter ended June 30. As the Wall Street Journal suggests, investors will be especially interested in hearing what the company has to say about Beijing’s proposed rules on online payments.<p>Those regulations, proposed by China’s central …

China

Alibaba invests $4.6 billion in this Chinese consumer electronics giant

Ahead of releasing earnings this week, Chinese e-commerce juggernaut Alibaba invested approximately RMB28.3 billion (or $4.63 billion U.S. dollars) …

eCommerce

Can Uber become Chinese?

Uber operates all over the globe. But in China, as usual, things are a little different. Uber is raising money separately for its China business, …

China

China's Lenders Want to Check Your Social Media

To continue reading this article you must be a Bloomberg Professional Service Subscriber.<p>If you believe that you may have received this message in …

Coming Soon: China's Demographic Doomsday

By 2022—and probably sooner—India will overtake China to become the world’s most populous state, a status the latter has held for at least three …

China

China has knocked off a Range Rover and is selling it at a third of the price of the real thing

Last week, a speed bump in JLR's China plan appeared in showrooms in the form of the Landwind X7.<p>This is because — aesthetically — the X7 is virtually indistinguishable from the Evoque.<p>And it looks as if the Chinese carmaker has a fair number of customers waiting to take delivery of the …

Land Rover

The Chinese economy is going through puberty — and the rest of the world will feel the impact

There's a lot of discussion over whether that means China has joined the "currency war" with some other advanced economies — but that's missing China's bigger picture.<p>The country's economic policy is being torn in a number of different directions. For example, the devaluation of the yuan seen this …

Economics

Study: Air pollution is killing 4,000 per day in China

Physicists at the University of California, Berkeley, calculated that about 1.6 million people in China die each year from heart, lung and stroke problems because of incredibly polluted air, especially small particles of haze.<p>Earlier studies put the annual Chinese air pollution death toll at 1 to 2 …

Pollution

China's Baidu And BMW Will Launch A Self-Driving Prototype

What’s the deal with software companies and autonomous driving? Why are they so keen to make it happen? And why do analysts predict that in 20 – 30 …

China’s dominant taxi hailing app launches carpooling feature, signs up 1M drivers

Didi Kuaidi, the dominant taxi hailing app in China from newly merged startups Didi Dache and Kuaidi Dache, announced today the official launch of …

China

China's 2Q economic growth steady at 7 percent

BEIJING (AP) — China's economic growth in the latest quarter held steady at 7 percent, its weakest performance since the global crisis, but better retail sales and factory output in June suggested efforts to reverse the slump might be gaining traction.<p>The figure reported Wednesday was slightly …

Stock Markets

4 Strategies for Reaching the Chinese Consumer

Slowing Chinese economic growth coupled with confidence-sapping tumult on the stock market have set alarm bells ringing at companies about their future growth prospects in China. But they should not simply sit back and wait to see what happens next. Consumer-facing businesses have an important role …

Innovation

10-year report reveals habits of Chinese online shoppers

Online shoppers in China have expanded their foothold to more than 100 countries and regions in the past decade, according to a report published …

7 Payments & Commerce Startups using Big Data Analytics

The payments business is increasingly being driven by information. Strategies and execution through information insights can improve profitability, …

The Growing Squeeze on Autos in China

Shenzhen has become the 7th major city in China (after Beijing, Shanghai, Guangzhou, Tianjin, Hangzhou and Guiyang) to impose limits on new car …

License Plates

How are banks reacting to FinTech?

An analysis of the strategies being adopted by banks across the world to address FinTech.<p>The financial technology space has always been a happening …

Asia Pacific

Big banks and their game of risk

For US regulators, 2014 was a banner year for collecting fines against sanctions violators, according to <i>The Economist</i>. In June, BNP Paribas—France’s …

BBVA to supply branches and buildings with renewable energy

<b>This is equivalent to the annual emissions of 75,000 vehicles, a city of 50,000 inhabitants or planting 4.5 million trees.</b><p>With this measure, BBVA …

The Future Of Retail: 4 Trends Bringing The Virtual Experience Into Reality [Infographic]

Online shopping is big, but stores still bring in big revenue. Blending physical and virtual experiences helps retailers do more business with the same customers and keep them engaged with the brand.<p><i>For more information on Samsung’s solutions, click here.</i>

Trends

The Problems with Age: How Consumer Problems Evolve and Change With Age

In the previous post, I introduced the Consumer Problem Survey (CPS) as a tool for providing deep insights into consumer behavior. In this post, I will explicate one of the most influential attributes of a person’s behavior, their age, and show how age alters the problems consumers seek to …

Wheelchairs
Customer Experience

Have We Reached 'Peak Car'?

Sitting at my desk after battling LA traffic, it may appear counterintuitive that there are fewer cars on the road, relative to people in our homeland, and that this car to capita ratio may be on a permanent decline. In other words, we believe we may have reached Peak Car. I owe our associate, …

Transportation

Study: In social advertising, YouTube converts more customers than anyone else

When it comes to paid advertising on social platforms, YouTube is the clear winner in introducing new products and helping consumers make their purchasing decisions, according to a new study Aol Platforms released today.<p>The report, which analyzed data found within 500 million clicks and 15 million …

What’s More Important - Sales Management Skills or Behaviors?

If your sales managers report that they are coaching their sales team but the results aren’t there, then what is the problem?

Management

Viewing banking opportunities through different lenses

Surging numbers of middle-class borrowers in emerging markets are a big factor in banking’s growth, but there’s also plenty of potential in the upper …

Banking

Decoding leadership: What really matters

New research suggests that the secret to developing effective leaders is to encourage four types of behavior.<p><b>Telling CEOs</b> these days that leadership …

How Big Data Can Build Trust in Banking

Beyond revenue generation, cost reduction and risk management opportunities, big data provides banking organizations the opportunity to build trust …

The Four Trends Shaping China's Retail Banking Landscape - McKinsey Greater China

Chinese banking customers are gradually shifting their business away from the so-called “Big Four” state-owned banks. They’re also becoming more …