| 05/11 17:31 | Rural appliance sales hit $6.11 bln in first four months of 2010 - MOFCOM |
The rapidly spreading popularity of group discount sites in China is giving physical small and medium sized enterprises (SME) across the country a way to market themselves online. The unique business model may prove a serious new competitor in China’s lucrative online shopping sector.
Mixed second quarter results this year from China's leading online game operators show a leveling off in the robust growth of the industry that has lasted for over a decade. Not only is the online games industry going through a short-term transition, according to analysts, it is facing a challenging long-term slowdown.