The Chinese economy is all set to face some really tough challenges in the coming years. China has reported that its economy grew just 7.4% in the year 2014, missing the Government’s target for 7.5% for the first time since 1998. China is the second largest economy in the world and has enjoyed phenomenal growth over the last few decades, ... Read More »
Volvo China Sales up by 70% in October
The Volvo group has released its sales data and they have done impressively in the China. The Volvo China has showed an massive year-on-year growth of 69.4 percent and sales volume was 5,999 cars. According to the data, in the first 11 months of this year (2013) Volvo cars had sold 54,461 cars totally and the year-on-year growth was 44.7 ... Read More »
Coca-Cola to Invest Over $4 billion in China
China is massive market and Coco-Cola is trying to get a big chunk of it. Coco-Cola has announced its plans to invest over $4 billion in China over the year 2015 and 2017. Most of these will go to fund new plants that will help Coco-Cola beat its competition. China’s soft drinks market is worth a staggering $69.12 billion (421 ... Read More »
Yahoo Shuts Down Email Service in China
Yahoo’s email service has been shutdown in China after it warned it’s users back in April about the closure and requested it’s users to go somewhere else. Yesterday was the last day for Yahoo China email users to login and migrate their emails to an alternate email service. Since Yahoo China is run by local e-commerce titan Alibaba, that company ... Read More »
Report Says China Manufacturing at 4-month Low!
A survey has revealed that China’s manufacturing is declining at is at a 4-month low. While economic reforms are being brought into effect to save the economy and it does seems to be be effective. But the other side of the sector seems to suggest the contrary. The only real truth behind the slowdown is decreasing requirement, which could only ... Read More »
China Rent a Boyfriend Service a Big Success!
Rent a boyfriend service in China is actually a new service that is turning into an industry that is making a lot of money and happy customers. Rent a boyfriend, seems to have tapped into girls need to manage their nosy relatives who keeps pestering them with questions about marriage. With the Chinese New Year Celebrations on ladies visiting their ... Read More »
100+ UFO Sightings in China!
UFO (Unidentified Flying Objects) have become a common occurance in China, with more than 100 recent UFO sighting reports. Time of India has revealed this new phenomenon in China where there has been a dramatic increase in the number of UFO sightings. Army troops from Jammu and Kashmir to Arunachal Pradesh have reported seeing more than 100 of the mysterious ... Read More »