Research Notes
Jun 27
The Chinese government has proposed establishing a joint venture with local technology companies to oversee the collection of data from Chinese consumers.
The Chinese government has proposed establishing a joint venture with local technology companies to oversee the collection of data from Chinese consumers.
China's e-commerce rebounded in 2023, with Pinduoduo's remarkable performance surpassing that of Alibaba and JD.com. Alibaba responded with the 'Year-End Good Price' festival, emphasising a 'low price strategy.'
China’s economy grew faster than expected at the start of the year but it remains to be seen if it signals a solid recovery trend as the crisis-hit property sector bears down on growth