Samsung Electronics has notified employees in mainland China of a restructuring that will eliminate about 130 positions – equivalent to 8 per cent of domestic sales staff – according to South Korean media reports, as the company continues to grapple with sluggish smartphone and television demand in the world’s second-largest economy. This marks the start … Read more
Two of China’s leading e-commerce platform operators, Alibaba Group Holding and TikTok owner ByteDance, have started to adjust their focus on low pricing with policy shifts that favour merchants, as they seek a more sustainable online shopping ecosystem. Douyin, ByteDance’s flagship short video app in mainland China that set up a dedicated e-commerce team in … Read more
Hotels in China have been told not to turn away foreign guests by using a lack of government-issued credentials as an excuse, according to a newly issued joint department notice. The notice, jointly issued by the Ministry of Public Security, Ministry of Commerce and the National Immigration Administration on Friday, said a lack of “foreign-related … Read more
