BizChina

Marks & Spencer Tmall store to closed

Just days after selling its Hong Kong retail business to franchise partner Al-Futtaim, Marks & Spencer has announced it will soon close its Tmall store in the mainland.

The move marks the complete withdrawal from the Mainland China market by the British department store operator, which is now focusing on the domestic market and leaving franchise partners to manage its brand elsewhere.

Huawei wins in Samsung patent dispute

Jan 9th 2018, Richard Yu, CEO of Huawei Consumer Business Group, unveils the Huawei Mate 10 Pro high-end smartphone in Las Vegas USA.

Huawei Technologies Co Ltd has won another patent victory in China over its South Korean competitor Samsung Electronics Co Ltd, amid increasingly fierce competition in the world's largest smartphone market.

The Shenzhen Intermediate People's Court ruled on Thursday in favor of Chinese smartphone-maker Huawei, issuing a ban on Samsung infringing the firm's intellectual property rights by manufacturing and selling products that use its patented wireless communication technologies.

FedEx Express opened a new international express and cargo center in Shanghai on Monday to provide greater access to its global network for customers in eastern China, particularly those shipping goods to the United States and Europe.

The 134,000-square-meter FedEx Shanghai International Express and Cargo Hub, about eight times the size of its previous facility, is the largest of its kind at the Shanghai Pudong International Airport.

JD.com plans to sell 2 billion euros French goods in China

French President Emmanuel Macron meet JD.com President Richard  Liu on Jan 9th 2018 in Beijing.

China's second-largest e-commerce player JD.com announced on Tuesday a plan to sell French goods worth 2 billion euros ($2.34 billion) through its platform in China in the next two years.

The online retail giant signed memorandums of understanding with Business France and French industrial engineering group Fives, witnessed by French President Emmanuel Macron who is on a state visit to China from Monday to Wednesday, his first trip to the country since assuming office in May.