Tag Archives: China

Singles’ Day: Alibaba Online Sales exceed 5 Billion Yuan

Hanghou – The online buying fiesta on this year’s Nov. 11, also China’s Singles’ Day, smashed records, with e-commerce giant Alibaba ringing up sales of over 5 billion yuan, thanks to the world’s biggest online retail sales day.Online sales on … Continue reading Singles’ Day: Alibaba Online Sales exceed 5 Billion Yuan

APEC leaders agree on new incentives for growth

Beijing – The Asia-Pacific Economic Cooperation (APEC) leaders have agreed on five incentives for future economic growth, said Chinese President Xi Jinping on Tuesday.The incentives are economic reform, new economy, innovative growth, inclusive support and urbanization, Xi told a press conference … Continue reading APEC leaders agree on new incentives for growth