HANGZHOU (Reuters) – At the Chen Jing Lun Sports School in the picturesque city of Hangzhou, the slogan, “Today’s sports school student, tomorrow’s Olympics stars”, that greets all who enter the compound was a prescient greeting for one little girl 10 years ago.
London Olympics double gold medalist Ye Shiwen.
The 16-year-old’s powerful performances at the London Aquatic Centre propelled her to gold medals in the 200 and 400 meters individual medley, and a world record in the longer distance.
HANGZHOU, Aug 2 (Reuters) – At the Chen Jing Lun Sports
School in the picturesque city of Hangzhou, the slogan, “Today’s
sports school student, tomorrow’s Olympics stars”, that greets
all who enter the compound was a prescient greeting for one
little girl 10 years ago.
London Olympics double gold medallist Ye Shiwen.
The 16-year-old’s powerful performances at the London
Aquatic Centre propelled her to gold medals in the 200 and 400
metres individual medley, and a world record in the longer
HONG KONG/SHANGHAI, July 25 (Reuters) – Apple Inc’s
disappointing China sales suggest that its customers will not
always wait for the next iPhone when rivals such as Samsung have
plenty of flashy new models available now, analysts and
resellers said on Wednesday.
China is Apple’s second-largest market, and its rabid fans
have been known to seek out smugglers just to get their hands on
the latest gadgets before they officially go on sale in Beijing
and Shanghai stores.
HONG KONG/SHANGHAI (Reuters) – Apple Inc’s disappointing China sales suggest that its customers won’t always wait for the next iPhone when rivals such as Samsung have plenty of flashy new models available now, analysts and resellers said on Wednesday.
Apple’s sales from greater China, which includes Taiwan and Hong Kong, totaled $5.7 billion for its third quarter ended June, an unexpectedly steep drop of $2.2 billion from the January-March period in its second-largest market.
SHANGHAI (Reuters) – Apple Inc staged a low-key launch of its latest iPad in China on Friday, free of the chaotic scenes that plagued the tech darling’s previous product debuts in its most promising growth market.
The calm, orderly queues in Shanghai and Beijing came as a surprise to many Apple fans in China, who are used to standing overnight in snaking queues with scalpers to get their hands on the latest product.
SHANGHAI (Reuters) – Louis Vuitton is courting China’s wealthy with one-of-a-kind shoes and bags it is branding as unique works of art to reclaim its exclusive cachet in the luxury market.
The French luxury brand, a unit of LVMH, is set to open its largest China store in Shanghai on Saturday, complete with a gilded spiral staircase and an invitation-only private floor where big spenders can get their hair done while dreaming up designs for custom bags.
LONDON/SHANGHAI (Reuters) – The FBI has opened a criminal investigation into ZTE Corp’s sale of banned U.S. computer equipment to Iran, a website reported, as the Chinese telecoms gear maker warned its first half net profit could fall as much as 80 percent.
The federal investigations stem from a Reuters report in March that Shenzhen-based ZTE sold Iran’s largest telecoms firm a powerful surveillance system capable of monitoring landline, mobile and Internet communications, the Smoking Gun website reported.
SHANGHAI, July 12 (Reuters) – Apple Inc’s
next-generation iPhone has not even been released yet, but
opportunistic sellers on China’s largest e-commerce platform,
Taobao, are already accepting pre-orders, complete with mock-up
pictures and purported technical specifications.
The hotly anticipated iPhone 5 is widely expected to be
released sometime between August and October this year, although
Apple itself has been tight-lipped about it. Sources have said
the iPhone 5 would have a bigger screen than previous models,
while Taiwanese media reported the phone’s voice recognition
software, Siri, would have more powerful
SHANGHAI, July 6 (Reuters) – Shares of CITIC Heavy
Industries Co firmed on its Shanghai debut on
Friday, after the heavy machinery maker raised $500 million in
China’s biggest IPO so far this year, boosted by expectations of
pro-growth policies to support the economy.
CITIC Heavy shares opened at 4.69 yuan, compared with its
IPO price of 4.67 yuan, but pushed higher to be up 3 percent at
at 4.81 yuan by 0155 GMT.
SHANGHAI, July 4 (Reuters) – Apple Inc has more
retail stores in Pennsylvania than in all of China – where it
earns a fifth of its revenue – and a slow pace of expansion may
cost the firm more than just sales.
Apple’s six stores in Greater China are routinely packed,
and customers often wait in long lines for iPhone repairs.
Scalpers are known to camp out to be first in line for new
products, which they then re-sell for a tidy profit.