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California wine exports hurt amid tariffs battle

California'sboomingwineexportstoChinahavemetwithamajorhurdleasChinaimposedretaliatorytariffonU.S.wineimports,whichtookeffectonMonday.WenteVineyards,awineryinLiv

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S. Korean law firm representing 63,767 iPhone users sues Apple

ASouthKoreanlawfirmrepresentingmorethan60,000consumersfiledalawsuitagainstU.S.techgiantAppleInc.anditslocalbranchforintentionallyslowingdownolderiPhones.Hannuri

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China: Using blockchain to track food supply chains

Blockchainmaybeabuzzwordforthefinanceandtechsectors,butitsreachcangoevenfurther–Chinesecompaniesaretryingtousethecutting-edgetechnologytorebuildconsumertrustint

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Chinese e-commerce titian Alibaba wins case over fake reviews, sales

Inalandmarkdecision,acourtinHangzhou,Zhejiangprovince,ruledinfavorofe-commercebehemothAlibabaafteritsuedacompanyforfabricatingtransactionsandfavorablecommentsre

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Will U.S. policymakers repeat the past protectionist failures?

ThepastcoupleyearshavebeenroughforfreetradersintheUnitedStates–notonlydidanavowedprotectionistwintheWhiteHouseforthefirsttimeindecades,buthedidsowhileclaimingth

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Alipay partners with Han Feng to further expand financial services in US

Alipay,China'sonlineandmobilepaymentplatformgiantoperatedbyAntFinancialServicesGroup,announcedTuesdaythatithassignedaMemorandumofUnderstanding(MOU)withHanFengIn

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US SMEs eye Chinese market

Morethan3,000small-andmedium-sizedUSbusinessesandentrepreneursflockedtoDetroitonMonday,astheysoughtopportunitiestoreachouttomillionsofChineseconsumers.Chinaisth

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Some greet arrival of iPhone 7 with a shrug

Wang Wanli, a 26-year-old sales manager in Beijing, has been thinking about upgrading his iPhone 6, which he bought two years ago. To his disappointment, however, Apple's latest product rollout on Thursday morning fell short of his expectations.

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Online shopping in S.Korea hits record high on scorching heat

​Online shopping in South Korea hit a new record high in July as consumers refrained from going out for shopping amid the scorching heat, a government report showed on Thursday.

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China-dependent S.Korean firms lose 10 bln dollars in stock value over THAAD: brokerage

South Korean companies, which depend heavily on Chinese consumers for revenue, have lost 11.2 trillion won (10 billion U.S. dollars) in stock value since the decision between Seoul and Washington to deploy Terminal High Altitude Area Defense (THAAD) in South Korean soil.

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S.Korea's e-commerce exports surpass imports for 1st time in Q1

​South Korea's e-commerce exports surpassed imports for the first time in the first quarter as Chinese consumers increased their purchase of cosmetics and clothing via the Internet, a government report showed on Monday.

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S. Korea's consumer confidence falls to 6-month low

Confidence among South Korean consumers over economic situation weakened to the lowest in six months on worries about economic slowdown in China, South Korea's largest trading partner, central bank data showed Wednesday.

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Chinese luxury shoppers' online spend rising: KPMG

Chinese consumers of luxury products are spending increasingly big money online, as growing use of smartphones makes Internet shopping ever easier, according to a new industry report.

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Chinese luxury shoppers' online spend rising: KPMG

Chinese consumers of luxury products are spending increasingly big money online, as growing use of smartphones makes Internet shopping ever easier, according to a new industry report.

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S.Korea's consumer confidence drops after MERS outbreak

Confidence among South Korean consumers dropped to the lowest in two and a half years as the outbreak of Middle East Respiratory Syndrome (MERS) discouraged consumers from spending money, central bank data showed Thursday.

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Vietnam's middle class set to double by 2020

The middle and affluent class (MAC) in Vietnam is forecast to double in size between 2013 and 2020, from 12 million to 33 million consumers, local online VNExpress reported Tuesday, quoting a survey conducted recently by the Boston Consulting Group's Office in Vietnam.