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China lowers 2015 growth target to ‘approximately 7%’

by Gizmoration March 5, 2015
Beijing (AFP) – China lowered its 2015 economic growth target to “approximately seven percent” Thursday, scaling down expectations in the face of “formidable” difficulties for the world’s second-largest economy after its decades-long boom. The figure announced by Premier Li Keqiang is the lowest since a similar goal in 2004 and comes after China’s gross domestic [...]

5 problems standing between Netflix and its ambitious China plans

by Gizmoration March 5, 2015
Netflix wants to come to China. That’s what Ted Sarandos, the company’s chief content officer, told reporters earlier this week in Shanghai. Breaking into the Chinese market is an aspiration of many Western companies, of course, but Netflix’s vision is a little different: it wants to go it alone. Sarandos told reporters that the usual [...]

A quarter of all smartphones sold in China are iPhones

by Gizmoration March 4, 2015
One out of every four smartphones sold in urban China was an iPhone during the three months ending January 2015, according to sales data from Kantar Worldpanel ComTech. The impressive stats only serve to underline what we’ve been pointing out for upwards… Read more ›

Apple Grabbed Record 25% Share Of Smartphone Sales In China: Kantar

by Gizmoration March 4, 2015
 Apple’s continued progress in China saw the company claim one-quarter of smartphone sales in urban areas in the country for the first time, according to a new report from Kantar. Read More

Taiwan government on Alibaba fund: mainland China “not a good environment for entrepreneurship”

by Gizmoration March 4, 2015
Over the past several days, a conflict has emerged between Alibaba, China’s leading ecommerce company, and the Taiwan government. Just as Alibaba announced it would establish a US$ 315 million fund to support entrepreneurs on the island, Taiwan’s Ministry of Economic Affairs demanded the company withdraw from the island within six months. The bureau argued that Alibaba [...]

Xiaomi’s Hugo Barra Confirms “No Plans” To Push Its App Store Outside China

by Gizmoration March 3, 2015
 Rumors that Google feels threatened by the fast-paced rise of Chinese smartphone maker Xiaomi, which has built its own UI atop Android and in China also offers its own app store (rather than pre-loading Google Play), were presumably front of mind for Xiaomi VP and former Google employee Hugo Barra today. Read More

Obama weighs in as China demands access to data services provided by U.S. companies

by Gizmoration March 3, 2015
President Obama has publicly criticized China’s plans to expand ‘security’ policies that would effectively prevent U.S. tech companies like Apple selling their products in China without completely compromising data security. Reuters reports that the Chinese government plans to require foreign tech companies to host in China all data servers used by their products, and to allow the government [...]

Sorry, Jack: Sorry, Jack: Alibaba founder no longer tops Forbes’ China billionaires list

by Gizmoration March 3, 2015
Last October Forbes revealed a list of China’s wealthiest men and women, which for the first time placed Alibaba founder Jack Ma at the top. Following that company’s completion of the world’s biggest IPO, the Hangzhou native’s personal wealth nearly tripled from US$ 7.1 billion to to US$ 19.5 billion, according to Forbes’ estimates. But [...]

Antivirus Maker Avast Is Latest Overseas Tech Firm Blocked In China

by Gizmoration March 2, 2015
 Popular security software company Avast is the latest overseas technology company to get caught in China’s censorship net after users began reporting that its service and website were blocked inside the country. Read More

China manufacturing improves in February: HSBC

by Gizmoration March 2, 2015
Beijing (AFP) – China’s manufacturing activity in February improved more than initially thought, HSBC said on Monday, but weakening foreign demand and declining prices signalled the world’s second-largest economy still faces multiple woes. The British bank’s final purchasing managers’ index (PMI) for the month came in at 50.7, up from its preliminary reading of 50.1 [...]

Xiaomi launches $64 Yi action camera to rival GoPro, only in China for now

by Gizmoration March 2, 2015
Chinese smartphone manufacturer Xiaomi has launched its Yi Action Camera, a pint-sized Full HD sports shooter, for just $ 64. The device is currently available only in China at present. The Yi camera captures 1080p video at 60 fps and takes 16-megapixel photos with an f/2.8 aperture lens. It features slow motion and adjustable time-lapse [...]

Prince William meets Xi, visits sites on China visit

by Gizmoration March 2, 2015
Beijing (AFP) – Britain’s Prince William met China’s Communist President Xi Jinping on Monday before strolling through the Forbidden City, the former home of the country’s deposed imperial dynasties. Xi warmly welcomed the second-in-line to the British throne, making the highest-profile visit to China by a member of the royal family since Queen Elizabeth II [...]

’60 Minutes’ airs brutal report detailing massive problems at Lumber Liquidators factories in China (LL)

by Gizmoration March 2, 2015
“60 Minutes” just aired a brutal report outlining health and safety violations by Lumber Liquidators. The report said that Lumber Liquidators is selling laminate flooring made in China with levels of formaldehyde higher than currently allowed under California law. Moreover, California’s standards are set to take effect nationwide later this year. Formaldehyde is a known [...]

China manufacturing shrinks again in February: govt

by Gizmoration March 1, 2015
Beijing (AFP) – China’s manufacturing activity contracted for the second straight month in February, the government said on Sunday, a day after the central bank announced an interest rate cut to help stem a slump in the world’s second-largest economy. The official Purchasing Managers’ Index (PMI) released by the National Bureau of Statistics (NBS) came [...]

Xbox One selling badly in China

by Gizmoration February 28, 2015
It was big news last year when Microsoft announced that it would officially start selling the Xbox One in China. The original September launch date came and went (“Despite strong and steady progress, we are going to need a bit more time to deliver the best experiences possible for our fans in China”), but eventually [...]

Social media sites in China purge 60,000 fake accounts ahead of new regulations

by Gizmoration February 27, 2015
China’s State Internet Information Office (SIIO) today reported the country’s popular social networks have wiped out roughly 60,000 fake accounts in authorities’ latest campaign to cleanse the internet of impersonators, according to Techweb. The top three social networks – Sina Weibo, and Tencent’s WeChat and QQ – conducted conducted the cleanup internally after the SIIO [...]

China bans ivory carving imports for one year

by Gizmoration February 27, 2015
Beijing (AFP) – Beijing has imposed a one-year ban on the import of ivory carvings, amid international criticism that rapidly-growing Chinese demand could push wild African elephants to extinction within a generation. The move, which took effect Thursday, was announced by China’s State Forestry Administration in a statement posted on its website. It comes days [...]

China has used 49.3 million GB of mobile data in the week since lunar new year

by Gizmoration February 26, 2015
Home is where the heart is: that’s an idiom that rings as true in China as it does anywhere, and it’s the reason why millions and millions of urban Chinese trek their way out into the countryside each Spring Festival to visit their parents. But for many Chinese, home isn’t where the wifi is. And [...]

One driver shows how you can illegally charge a Tesla in China

by Gizmoration February 26, 2015
What would you do if your Tesla ran out of juice far from one of the company’s Supercharger stations? One Tesla driver in China took matters into his own hands by plugging his Tesla Model S into a utility pole. He even snapped photos of the scene, and they’re now going viral on Weibo in [...]

China drops leading western tech brands for state purchases

by Gizmoration February 26, 2015
China has decided to remove some of the world’s leading technology brands from its state approved purchase lists and replace them with thousands of locally built products. Some say this move comes as a response to revelations of widespread cyber-surveillance conducted by the West, while others believe this is more of a way for China [...]

 
 
 
 

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