JD to sack 10% of its top executives

BY CHINA DAILY Chinese e-commerce giant JD will lay off 10 percent of its senior executives this year, as the company looks to maximize its resources and focus on strategic layout and the coordinated development of diversified businesses. According to media reports, the cuts were announced at the company’s annual party last week. JD has confirmed the planned layoffs. Based on the current number of … Continue reading JD to sack 10% of its top executives

BP to add ‘1,000 new sites’ across China

BY CHINA DAILY British energy company BP Plc opened its first branded station in Shandong, East China in January, the latest move of global energy giants investing in gas stations after China lifted restrictions on foreign investments in the sector in June 2018. The new site is the start of BP’s plan to add 1,000 new sites across China over the next five years through … Continue reading BP to add ‘1,000 new sites’ across China

China’s largest ice-themed park closed early amid rising temperature

BY SILVI WRITER China’s largest ice-themed park closed Sunday night as the weather has started to warm up in the country’s northeasternmost province, according to Xinhua News Agency. The 20th Ice and Snow World in Harbin, capital of Heilongjiang province, stopped its operation due to the rising temperature recently, sources with the park said. Opening on Dec 23, it operated for 56 days only. A … Continue reading China’s largest ice-themed park closed early amid rising temperature

Huawei fights back with ‘Huawei Facts’

BY SILVI WRITER China’s tech-giant Huawei Technologies is fighting back with more measures to become more open and transparent, amid headwinds in overseas markets in recent months. Huawei, an independent and privately-held company that has spread its services and products to over 170 countries, recently launched Huawei Facts, a webpage aimed at letting more people understand Huawei and its corporate value. The new webpage also listed … Continue reading Huawei fights back with ‘Huawei Facts’

92-year-old Chinese becomes oldest person to reach the South Pole

BY SILVI WRITER “Now I’ve had all my dreams come true,” said Qiu Xiegeng, who became the oldest person to reach the South Pole earlier this month. The 92-year old reached the South Pole, about 17,000 km away from his hometown in eastern China, during this Spring Festival holidays. Before Qiu, American astronaut Buzz Aldrin, the second man on the Moon, was the oldest person to reach … Continue reading 92-year-old Chinese becomes oldest person to reach the South Pole

China made passenger jets to make more maiden flights in 2019

BY SILVI WRITER Another three prototypes for China’s first homegrown large passenger jet, the C919, will conduct their maiden flights this year, following the success of a third one on Dec 28, according to the Commercial Aircraft Corporation of China Ltd (COMAC), the maker of the jet. The 104 prototype test aircraft of the China-made C919 has entered its final assembly stage, the 105 is … Continue reading China made passenger jets to make more maiden flights in 2019

Why is TikTok a challenge to Instagram, Snapchat?

BY GLOBAL TIMES The explosive growth of Chinese short video platform TikTok is posing a rising challenge to established foreign social media apps like Instagram and Snapchat, the latest download trends showed. The Chinese niche product is set to secure a leading position in the global market soon, thanks to its increasing popularity among young users. TikTok has caught up with Facebook’s Instagram in Apple … Continue reading Why is TikTok a challenge to Instagram, Snapchat?