Club China

Chinese consumers will buy half of all luxury products in 2025

A recent Bain report shows that Chinese shoppers will make up half of all luxury spending in the world in 2025.

Roche launches major factory in Suzhou

Roche has opened its first major Asia-Pacific manufacturing site in China. In Suzhou, it will manufacture diagnostic equipment and reagents.

Nine-cities alliance opens Yangtze River region up for business

Nine Chinese cities in China's Yangtze River region are going to ease entry for foreign companies. They introduced 30 new measures to attract business.

Chinese will be the largest tourist group by 2030

Mainland China will be the largest international tourist group in 2030, outnumbering the American that currently take 115.17 million trips per year.

Business opportunities in China’s theme parks

Theme parks are China’s new growth market. In 2017, the attendance at China’s theme parks grew 20 per cent year-on-year to 190 million visits

Fake moon to light up Chengdu city

Chengdu wants to light its streets by a ‘fake moon’. The city aims to bring a satellite in orbit by 2020 that will reflect light from the sun at night.

TuSimple (China) launches driverless trucks in U.S.

China’s AI firm TuSimple is developing driverless trucking, in China and the U.S. It is aiming to expand its autonomous truck fleet to 500 by 2019.

China launches next-generation supercomputer

China has a next-generation ‘exascale’ supercomputer. The Shuguang computer is said to have the processing power of the human brain.

Chinese phrase ‘Add Oil’ included in English dictionary

A well-known Chinese-English (also known as Chinglish) phrase has been included in the latest version of the Oxford English Dictionary: ‘add oil’.

Report: China’s most successful women

Four out of five of the most successful women in the world are Chinese. Business woman Yang Huiyan tops the list, worth 150 billion yuan (€18.7 billion).

Tesla buys Shanghai land for 500,000-car factory

Tesla has bought the land for its first factory outside the U.S. The €121.7 million deal was closed for land in Lingang, in Shanghai’s Pudong New Area.