Alibaba Singles’ Day sales touch $1 billion in 1 minute and Alibaba’s Singles’ Day Sales Hit $10 Billion in Less Than 30 Minutes Over $1 billion in 1:08 minutes and $22.63 billion in the first nine hours – that’s the rate at which Chinese shoppers are spending at Alibaba’s Singles’ Day sale. More than 200,000 […]
In a first since 1994, the U.S. Treasury Department declared China a “currency manipulator” — after the country let the yuan to fall to its lowest level against the dollar since 2008. China also confirmed that it is suspending purchases of U.S. agricultural products, as a response to President Trump’s new 10% tariffs on another […]
Starbucks introduces ‘silent cafe’ in China with hearing-impaired staff. World Coffee Giant and Leading American Coffee Chain Starbucks has recently made an announcement that they had launched a ‘silent cafe’ in the southern Chinese city of Guangzhou, where about nearly about 50 percent of the staff are hearing-impaired as a component of an social activity […]
