Weibo users are given one-week warning to provide real names
The 340 million users of Sina Weibo, China’s popular microblogging service, have been given one week to link their accounts to a real name. The crackdown is being conducted in order to comply with new government rules restricting anonymous online conversation.
China is planning to implement a ban on fossil fuel cars
China is preparing to bring an end to the sale and production of fossil fuel vehicles. The country is aiming to use the ban as a way to encourage local automakers to develop electric cars. China is the world’s largest market for automobiles with more than 28 million vehicles were sold in 2016.
Source: The Verge
Online platform aims to legitimize ‘daigou’ trade
Daigous, personal shoppers who buy goods in foreign countries and resell them to customers in China, raised concerns for retailers. Worried about the lack of control over branding, pricing and customer data, a group of Australian brands wish to professionalize relationships with daigous through a new platform.
Source: Internet Retailing
Alibaba partners with New York Fashion Week to bring it closer to Chinese customers
NYFW: The Shows, which is the part of NYFW managed by entertainment giant IMG, entered a partnership with Alibaba, China’s largest e-commerce company, to introduce New York labels to Chinese customers. Alibaba will feature some NYFW regulars in a shoppable, “see-now buy-now” fashion show hosted on Tmall, Alibaba’s business-to-consumer platform.