Is China now the biggest book market, redux. Alibaba says 30 million new Chinese readers were added in 2018

While one report citing a $55 billion value for the Chinese book market cannot be taken as gospel, a new report from China’s online giant Alibaba adds weight to the possibility the USA’s claim to be the world’s largest book market is now out of date. As reported here at TNPS a few days ago, Read More …

China ended 2018 with 225,000 bookstores and a $55 billion valuation. Has China usurped the US as the world’s largest publishing market?

The latest report from China’s Books and Periodicals Distribution Association tells us China finished the year with 225,000 bookstores and outlets, up 4.3% on 2017, with total sales revenue of 370.4 billion yuan ($54.7 billion), up 5.9% on 2017. The Chinese government has played a big role in supporting publishing recently, as Xinhua reports: Private bookstores Read More …

Chinese bot translates 300-page book from English to Chinese in 30 seconds with 95% accuracy

This is a post that will send shivers down the spines of translators everywhere. First the bad news (if you’re a translator – great news if you’re a publisher!). India’s YourStory reports that a 300-page book written in English by Indian author Srinivas Mahankali, totaling 100,000 words, was translated into Mandarin by automated software in Read More …

Ten global publishing stories not to be missed – 12 September collation

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. They do make the TNPS twitter feed. Follow TNPS on twitter here: @thenewpubstd. But twitter is an ephemeral beast. Blink and you miss it. Still, Read More …

The Week in Review

Here’s a summary of TNPS posts from the past seven days.   UK small publishers find new ways to survive as chain bookstores turn them away HarperCollins’ Harlequin launches romance book website in Australia The Mogadishu Book Fair: an oasis of tranquility in a troubled land Small presses and self-publishers left stranded by collapse of Read More …

Publishing Perspectives’ interview with the Beijing IBF’s director. The Hot Sheet’s take on indie author access to China

Given China is by any measure the second largest book market in the world, it should come as no surprise that the Beijing International Book Fair is one of the largest and most important publishing events in the world. To coincide with the event, Publishing Perspectives ran an insightful interview with the Beijing IBF Director, Read More …

The Week In Review

Here’s a summary of TNPS posts from the past seven days. Big Bad Wolf shows the world’s demand for English-language titles, taking 2 million books to Taiwan this week Brazil’s São Paulo Biennial disappointed with fewer visitors (“only” 663,000) but they spent 33% more Amazon to open a Customer Service Centre in Colombia in October, Read More …

Least likely headline you’ll see this year: Ebook company buys film studio for $2.5 bn

Being the former ebook subsidiary of Tencent has its benefits. Buying your own film studio, for example. But actually China Literature, the former ebook arm of Tencent, didn’t need parental help to secure the deal. After a $1 billion IPO in November 2017 – Tencent’s China Literature IPO the biggest in a decade China Literature Read More …

Ten global publishing stories not to be missed – 12 August collation

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. They do make the TNPS twitter feed. Follow TNPS on twitter here: @thenewpubstd. But twitter is an ephemeral beast. Blink and you miss it. Still, Read More …

China’s curvy new bookstore floats in the clouds

When it comes to embracing digital reading, China is the world leader, with more ebook readers, more digital authors, and bigger ebook stores than anywhere else on the planet. But print, here as everywhere, is still king, and despite the fact that the Chinese live more of their lives on their smartphones than any other Read More …

7 million users in the Philippines as Wattpad’s Tencent-backed Asia plans step up a gear

The Philippines has long been one of Wattpad’s strongholds, but this month comes news from Manila Bulletin that fully 7 million of Wattpad’s 65+ million users around the world are from that one country. After the latest $51 million round of Wattpad funding in January, with a substantial portion coming from China’s Tencent – Tencent Read More …

Publishing News Round-Up 1 May 2018

It would be impossible to try cover even a fraction of the publishing news that lands on my e-desk each day, but there’s so much happening in our industry that passes unnoticed. So here’s a selection of some of today’s best publishing stories. Apologies if some are behind pay-walls. Amazon Launches Kids’ (Hardcover) Subscription Service. Read More …

As Amazon launches Prime Reading in China, a predicted $5.3 bn valuation will make the China ebook market far bigger than the US by 2020

IDBoox of France covers the story that the Chinese ebook market will be worth $5.3 billion by 2020, reporting on a study conducted by Chinese e-commerce giant Dangdang and Analysys which predicts annual growth for the Chinese ebook market of 29.8%. $5.3 billion would value the China ebook market at $2 billion more than Data Read More …

Ten global publishing stories not to be missed. 16 April 2018 collation

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. But if you’re reading TNPS in the first place you probably share my obsession with all things international publishing, and would no doubt enjoy Read More …

Ten global publishing stories not to be missed. 2 April 2018 collation

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. But if you’re reading TNPS in the first place you probably share my obsession with all things international publishing, and would no doubt enjoy Read More …

Ten global publishing stories not to be missed. 17 March 2018 collation

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. I also have a rule that I don’t repeat a story published elsewhere on the western English-language publishing circuit unless I can offer some Read More …

China’s unmanned 24/7 bookstores track customer trajectory to offer book recommendations as booklovers move around the store

While we in the west have been enthralled by Amazon’s move into bricks & mortar bookstores and its experimental Amazon Go no-checkouts grocery store, China’s Beijing Publishing Group takes things to a whole new level. The first of 20 planned BPG stores opened inside China’s Beijing International Book City in Tongzhou district, and at just Read More …

Ten global publishing stories not to be missed. 6 March 2018 collation

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. I also have a rule that I don’t repeat a story published elsewhere on the western publishing circuit unless I can offer some additional Read More …

Ebook distributor StreetLib partners with China’s CNPIEC

Hard on the heels of the announcement StreetLib is launching in India, comes news of a distribution deal with China’s CNPIEC, as part of StreetLib’s global expansion programme. State-owned CNPIEC, aka the China National Publications Import & Export (Group) Corporation, will be distributing StreetLib’s catalogue to thousands of Chinese libraries via the e-reading platform CNPereading. And yes, the Read More …

Ten global publishing stories not to be missed – 22 January 2018 edition

The global publishing market has never been more exciting, and every day myriad publishing stories cross my screen that I’d love to develop here at TNPS, but there simply isn’t time. I also have a rule that I don’t repeat a story published elsewhere unless I can offer some additional information or perspective that hasn’t Read More …