Business
940% Surge: Why Are Americans Frenziedly Downloading Chinese E-Commerce Apps?
America’s Reckless Tariffs Have Unintentionally Boosted Chinese E-Commerce Apps No one saw this coming. After the U.S. imposed excessive tariffs, Chinese cross-border e-commerce app DHgate (Dunhuang) unexpectedly went viral stateside. Its downloads skyrocketed to #2 on the U.S. App Store’s free apps chart, trailing only ChatGPT in popularity. What Exactly Is DHgate? Public records show […]
Services a major driving force behind China’s consumption growth: report
HAIKOU – China’s services consumption is not only rebounding but evolving rapidly, becoming a key driver of overall consumption growth, according to a report released by the China Institute for Reform and Development. The Hainan-based think tank published the report on Monday during this year’s China International Consumer Products Expo, the country’s only national-level exhibition […]
From ‘Water Carrier’ to ‘Game Changer’: The Survival Strategy of Nongfu Spring in the Billion-Dollar Water War
In 2024, the Chinese beverage industry witnessed another round of intense competition. Nongfu Spring, a leading player in the market, delivered an impressive annual revenue of 32 billion yuan, marking a year-on-year increase of 18%. This achievement allowed the company to maintain its dominant position in the packaged water market with a 27% market share. […]
Pang Donglai Publicly Criticizes Yonghui: Why Doesn’t a Store Earning 2 Million Monthly Profits Raise Salaries?
Pang Donglai Questions Yonghui’s Profit Without Salary Hikes, Exposing Capital-Labor Conflicts in RetailAt the 2025 China Supermarket Week, Pang Donglai, founder of the Chinese retail chain Pang Donglai, publicly interrupted a speech by a Yonghui executive overseeing store adjustments. He demanded answers about the Zhengzhou Xinwan store: “Why haven’t salaries been raised when the store […]