This week’s biggest China tech news stories swayed towards apps and mobile, startup insights, and e-commerce figures. Here’s our top seven list:
A new report from China’s awkwardly-named Data Center of China Internet (DCCI) shows that the country’s Android landscape of third-party app stores is a bit of a wild west. See lots more alarming stats on what else these apps are snooping upon.
Alibaba-owned e-stores Taobao and Tmall are finally seeing China’s shift to m-commerce kicking in. In 2011, a mere 1.77 percent of purchases were made on mobile on the sites, but that rocketed up in new data for 2012.
China’s tech ministry, MIIT, recently warned of China’s huge dependence on Android, so this is now a hot-button issue. We translated three excellent insights from a seasoned tech Chinese reporter. After reading, join the debate in the comments.
Producing some sweet web products across gaming, social, and e-commerce, there are a lot of exciting ventures created by young entrepreneurs on this list.
The founder and CEO of one of China’s top web portals explained this week that, despite the riches and success, he feels “miserable”. Though tempted to whip out our tiny violins, it’s actually an interesting insight into the entrepreneurial drive and spirit.
Probably the most significant and long-lasting news of the week was actually this big corporate reshuffle at the afore-mentioned Alibaba. It’s especially important as the company will likely head towards China’s biggest-ever tech IPO later this year.
Korean gadget-maker Samsung is once again China’s top smartphone brand, mainly thanks to its mix of premium and affordable Android devices. Check out the other brands in the top five list of China sales.
Because you’ve all been very good this week and eaten up your vegetables, here’s a new infographic with the latest (massive) numbers on China’s social media scene.
That’s all for this week, folks! For our full spread of China coverage, you might like to subscribe to our China RSS feed.
China’s new three-child policy highlights risks of aging across emerging Asia
Thailand’s (Baa1 stable) total dependency ratio is set to jump nine percentage points to 51% by 2030 – a faster increase than China’s – which will pressure public and private savings through higher taxes and social spending, reducing innovation and productivity gains.
Population aging in China (A1 stable) and other emerging markets in Asia will hurt economic growth, competitiveness and fiscal revenue, unless productivity gains accelerate, according to a new report by Moody’s Investors Service.(more…)
Clear skies over Asia’s new foreign investment landscape?
Compounding the fallout of the US–China trade war, the global pandemic and recession have caused considerable speculation on the future of foreign investment and global value chains (GVCs). But though there is likely to be some permanent change, it will probably not be as great as politicians expect.(more…)
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