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News from China
China summons US, Canadian ambassadors to protest against Huawei senior executive's detention
10th December 2018

 Chinese  Vice Foreign Minister Le Yucheng summoned US Ambassador Terry Branstad and Canadian Ambassador John McCallum over the weekend.

 
Le made solemn representations and strong protests over the detention of Meng Wanzhou, Huawei Technologies’ chief financial officer, by the Canadian authorities.
 
Meng was detained while transferring flights in Vancouver, Canada, at the request of the United States.
 
What the United States has done severely violates a Chinese citizen’s legitimate rights and interests, and is vile in nature, Le said.
 
China firmly opposes the United States’ moves and strongly urges the US side to attach great importance to China’s solemn stance, take immediate measures to correct the wrong practices, and withdraw the arrest warrant against the Chinese citizen, he said.
 
“China will respond further according to the US side’s actions,” Le added.
 
China also strongly urges the Canadian government to immediately release Meng and effectively protect her legitimate rights and interests, he said.
 
Source: SHINE, December 10, 2018
China summons US, Canadian ambassadors to protest against Huawei senior executive's detention
10th December 2018

 Chinese  Vice Foreign Minister Le Yucheng summoned US Ambassador Terry Branstad and Canadian Ambassador John McCallum over the weekend.

 
Le made solemn representations and strong protests over the detention of Meng Wanzhou, Huawei Technologies’ chief financial officer, by the Canadian authorities.
 
Meng was detained while transferring flights in Vancouver, Canada, at the request of the United States.
 
What the United States has done severely violates a Chinese citizen’s legitimate rights and interests, and is vile in nature, Le said.
 
China firmly opposes the United States’ moves and strongly urges the US side to attach great importance to China’s solemn stance, take immediate measures to correct the wrong practices, and withdraw the arrest warrant against the Chinese citizen, he said.
 
“China will respond further according to the US side’s actions,” Le added.
 
China also strongly urges the Canadian government to immediately release Meng and effectively protect her legitimate rights and interests, he said.
 
Source: SHINE, December 10, 2018
Advertisers to increase digital marketing spend next year
7th December 2018

 Nearly 80 percent of advertisers intend to increase their digital marketing expenditure in the coming year, according to a recent survey by marketing data technology company AdMaster.  

 
The average anticipated budget increase from a year ago will be around 20 percent, compared to 18 percent and 17 percent over the past two years respectively. 
 
As many as 81 percent of advertisers specifically plan to spend more on social media platforms, higher than the 71 percent recorded in the past year, according to the online survey conducted between October and November this year. 
 
Mobile platforms will continue to gain traction, with 81 percent of respondents planning to increase an average of 21 percent of advertising budget in 2019, while spending on computer desktop websites will remain almost unchanged — only 11 percent of advertisers plan to increase spending there. 
 
Mobile social sites, video platforms and e-commerce apps will be favorable formats for mobile advertising, the survey pointed out. 
 
Smart TV sets and wearable and home electronic devices will also gain popularity as new advertising channels to target consumers who are increasingly versatile. 
 
Internet entertainment shows, reality shows and micro movies will be the major formats of content advertising, the report shows. 
Source: Shanghai Daily, December 8, 2018
Alibaba to build logistics hub in Belgium
6th December 2018

 E-commerce giant Alibaba’s logistics affiliate Cainiao Network is to develop a smart hub at Liege Airport in Belgium.

 
It has signed a contract to lease 220,000 square meters and will build a warehouse, with an initial investment of 75 million euros (US$85 million).
 
The decision comes after the Belgium government and Alibaba signed a memorandum of understanding under the Chinese company’s Electronic World Trade Platform initiative. It is the first such deal with a European country to promote inclusive global trade.
 
“This will be a huge opportunity to boost exports and bring wide-ranging economic benefits to society, including employment opportunities to Liege,” said Belgium Prime Minister Charles Michel. Similar eWTP tie-ups have been established between Alibaba and Malaysia and Rwanda after chairman Jack Ma put forward the initiative two years ago to encourage global trade.
 
Alibaba Chief Executive Officer Daniel Zhang added: “With over 98 percent of European companies being small to medium businesses, this partnership signifies our efforts to enhance inclusive trade opportunities for businesses in Belgium and across Europe.”
 
The two parties will also promote digitalization of customs procedures and more efficient clearance of goods.
 
Cainiao is also part of a joint venture to build a US$1.5 billion logistics center at Hong Kong International Airport as a part of a broader plan for Alibaba to help import US$200 billion worth of goods over the next five years.
Source: Shanghai Daily, December 7, 2018

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