In 2015, Walmart started to wholly own online grocery store Yhd in China. The combination of local advantage of Yhd and Walmart's global procurement resources, retail stores and supply chain has helped it to record more growth in China.
In 1859, the first shipment of Hennessy arrived in Shanghai, marking the start of China's fondness for combining French cognac with delicacies from south of the Yangtze River.
In 1881, a 9.7-km rail line from Tangshan to Xugezhuang, Hebei province, opened for coal transport. Designed by British engineer Claude W. Kinder, it was the first line with a global-standard track gauge of 1,435 millimeters in China.
In 1994, the central government decided to create a two-track system that features government-subsidized housing, aimed at financially strapped families, and commodity apartments for better-off buyers. At almost the same time, China introduced the Housing Provident Fund Program, which allowed potential homebuyers to save part of their income for a future home. It also entitled them to subsidized mortgage rates.
Imagine getting the best parts of the brick-and-mortar shopping experience without ever setting foot in a store. You're not simply scrolling through a website: you're actually looking at the shelves of a fashion retailer or supermarket via AR through your mobile phone, as well as exploring new offerings, hunting for discounts and deals, and even using a virtual fitting room to try on outfits; from the comfort of your couch.
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In 1985, Zhang was seriously injured in an accident when she was working at her factory.
In 1999, Hei set up a shop on Hong Kong's Hollywood Road, Andy Hei Ltd., specialising in Chinese antique furniture, and used it as a way to introduce new platforms for the Asian art market.
Image via Boston Globe
In 2010, he opened 8 1/2 Otto e Mezzo Bombana restaurant in Hong Kong, which became the first three-star Michelin Italian restaurant outside of the country in 2012.