Mark Schlarbaum visiting the Shanghai Stock Exchange

Tech Trends From China To Watch Out For

The Biggest Tech Trends From China To Watch Out For In 2017 China’s technology sector dominated headlines in 2016 both in the Middle Kingdom and abroad, ranging from coverage of Uber’s merger with Chinese rival Didi Chuxing to the newly popular bike-sharing apps. Just a few years after China’s tech scene emerged, the conversation has shifted from questioning if Chinese …

Wal Mart China Mark Schlarbaum

Wal-Mart to invest $50 million in China online grocer New Dada

Wal-Mart Stores Inc will invest $50 million in Chinese online grocery and delivery firm New Dada, the U.S. retailer said on Friday, extending its tie-ups with local online players to help boost sales in the world’s second-largest economy. Wal-Mart shifted its China strategy earlier this year when it sold its own online platform Yihaodian in exchange for a stake in …

China plans world’s biggest spaceplane to carry 20 tourists

China plans world’s biggest spaceplane to carry 20 tourists

Even China can’t resist the lure of space tourism. A state-backed firm is developing a gigantic spaceplane, New Scientist can reveal. The plane may one day fly up to 20 passengers to the edge of space – significantly more people than any other commercial spaceflight firm has pledged to fly to date. The China Academy of Launch Vehicle Technology in …