In China, Alibaba's two biggest online shops recently hit sales milestones, but taxation and monopoly can jeopardize the exploding growth.
View from China
Based in Beijing, ZDNet bloggers report on ICT industry developments from the Chinese perspective.
<p> <a href="http://www.zdnet.com.cn/"><b>ZDNet China</b></a> is run by Ken Gao, Editor-in-Chief of ZDNet China and his editing group, whose members have an average of 10-year-plus working experience in this field.It aims both at providing a China's perspective for the International IT events and offering an international perspective to Chinese IT companies.</p> <p> Found in 1997, ZDNet China is one of the earliest IT websites in China. Currently, ZDNET China covers a range of topics, including technique and application of cloud computing, innovative internet business modes, management and strategies of multi-national companies, and neotechnology such as low-carbon and new energy.
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World's fifth-largest telecom equipment maker says it has signed a deal to loan US$20 billion from government-backed China Development Bank to finance its overseas expansion.
At the recent renewable energy conference, Israel said it will collaborate with China in developing methanol and solar power technology .
While Chinese IT vendors such as Huawei and ZTE face barrriers expanding their presence in the U.S., vendors from the world's largest economy such as Cisco Systems have succeeded in establishing theirs across China.
Microsoft won a copyright case against two Chinese companies, but was it because of Microsoft’s resolution to fight piracy in China, or just one of the tricks to boost sales in the country?
Those charged were from five gangs and had smuggled 162,000 mobile phones--a majority of which were iPhones worth of US$79 million--and committed for tax evasion amounting to US$8.68 million.
In just 8 hours, the country's biggest online store Tmall.com clocked sales of over US$800 million on Nov. 11-- Singles Day Shopping Festival--bringing new challenges to traditional retailers.
Although the Chinese smartphone maker Huawei didn't make an appearance at Microsoft's Windows Phone 8 global launch, its Ascend D Quad XL smartphones could challenge other Chinese manufacturers, such as Lenovo and Xiaomi.
Taiwanese electronics manufacturing giant, which produces various high-tech devices including Apple iPhone and Amazon Kindle, is evaluating Detroit and Los Angeles, among other cities, as potential sites.
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An online credit recharge bug could cost China's leading business-to-consumer (B2C) website into the millions, while subscribers who took the advantage of the flaw could be put behind bars.
Despite Apple adopting the lottery ordering system for iPad mini and iPad 4 in Hong Kong, the sufficient stocks suggest its latest tablet isn't really viewed a hotcake item among Chinese people.
Under pressure from the U.S. government, Huawei will miss the Windows Phone 8 launch today. Facing setbacks, Chinese smartphones makers could turn to developing their own mobile operation systems.
24Quan, one of China's top 5 group-buying service provider, has shut down its services "temporarily" due to dissension among its investors.