News & Perspective
Keep current on recent E.J. McKay news & industry trends.
Double 11 2020: Tmall + JD GMV exceeded US$87 bn in the first half hour of Nov 11
Alibaba Taobao kicked off its Double Eleven Global Shopping Festival (“Double 11”), the largest annual shopping festival in China, on 21 October 2020 with new innovations and features to meet rapidly changing consumer…
Ant Group’s IPO: Better late than wrong
When investors learnt about the suspension of Ant Group’s initial public offering in both Shanghai and Hong Kong, they were only some 36 hours away from the world’s biggest IPO. Though some parties…
Major cities in China recorded strong GDP growth in first three quarters
Among 31 provinces, cities and autonomous regions in China, 26 have posted strong economic recovery with GDP registering positive growth by Nov 1. In the first three quarters, residents’ per capita wage income…
China’s 14th Five-year Plan
The Fifth Plenary Session of the 19th CPC Central Committee, which is scheduled from Oct 26 to 29, will deliberate the country’s 14th Five-Year Plan (2021-25).So what is the five-year plan? What does…
Baidu fully opens Apollo Go Robotaxi services in Beijing
China and the US have become the two major players in the autonomous driving sector in recent years. According to the 2018 and 2019 editions of the Beijing Autonomous Vehicles Road Test Report,…
Walt Disney Restructures Entertainment Businesses to Boost Streaming
Disney recently underscored its focus on building Disney+ amid the ongoing pandemic and the demise of the box office by announcing that it will send Pixar’s Soul straight to Disney+ in the U.S.…
