Beijing News, a prominent Chinese mainstream media outlet, stated in a recent coverage of bitcoin that the rapid growth of the digital currency is directly attributable to vulnerable monetary systems which serve the global financial…
Monthly Archives For January 2017
China refutes claims it’s a major source of fentanyl
“It is unsubstantiated to assert that China is the top source of the synthetic opioids that have killed thousands of drug users in the U.S. and Canada,” said an article in Reference News, a Beijing…
China vows to keep slashing excess industrial capacity
Other industries such as cement and glass are also “actively” cutting capacity, Xu said at a news conference. China’s trade partners accuse the country of dumping excess steel, coal, cement and glass on world markets.…
China’s cosmetics and consumer trends in 2017 part I: A change of pace
As China has enjoyed strong growth in recent years to become the world’s second largest market, we spoke to Delon Wang, Manager of Asia Pacific Trends, Mintel, on market research predictions for the nation in…
12 Business Conferences In China You Should Attend
If you’re doing business in China or looking to get into the market, one way to jumpstart your efforts when it comes to learning the lay of the land, forming partnerships, and finding customers is…
Asia-Pacific: Some see Vancouver link in tough new currency rules in China
Andreas Schotter, assistant professor of international business at the Ivey Business School in London, Ont., said the new rules are part of China’s anti-corruption campaign. But they are also a protectionist measure to keep Chinese…
McDonald’s sells control of China business
McDonald’s Corp. has agreed to sell a controlling stake in its China and Hong Kong operations to a group of financial investors in the latest effort by the world’s largest fast-food chain to catch up…
China Dividend ETFs And No Banking
Manufacturing is still on the rise while export levels are holding parity, domestic trade is supporting growth. Consumer sentiment is also rising along with the muted rise of the Shanghai index which shows no sign…
China vows to contain corporate debt levels as inflation heats up
Xu said China will not allow debt of non-financial firms to rise beyond current levels, and will step up efforts to encourage companies to restructure their debts. China’s corporate debt has soared to 169 percent…
China's December producer prices accelerate at fastest pace in over five years
China’s sustained producer price jump has not yet started filtering … The PBOC reaffirmed it would keep liquidity in the financial system stable while taking steps to prevent asset bubbles and financial risks in its…
China Mobile Selects Nuage Networks Software Defined Networking to Open New Era of Public Cloud
China Mobile and Nuage Networks to build a highly-responsive solution that will scale to meet the needs of a massive deployment of approximately 2000 public cloud servers in the cities of Beijing and Guangzhou SDN…
Despite lack of success in China, foreign banks' investments still pay off
Australia and New Zealand Banking Group (ANZ) has become the latest foreign bank to scale back its China presence by selling its stake in a Chinese lender. With the sale, ANZ has followed many foreign…
Xiaomi And Meituan Enter Chinese Internet Bank Market
Xiaomi gets a 30% stake in the third internet bank in China, after those led by Alibaba and Tencent. It is also the first privately owned bank in western China. Meituan, China’s largest group buying…
