China’s central bank has been guiding short-term interest rates higher to help contain debt perils, though it is treading cautiously to avoid hurting economic growth. A red-hot property market, fueled by speculative investments, has been…
Monthly Archives For May 2017
China property price growth slows in top cities
Growth in China’s new home prices slowed further in April when compared to a year prior, particularly among top-tier cities, but new official data also show price rises ramped up in month-on-month terms to the…
No sign of easing in capital controls even as China’s overseas shopping spree continues, experts say
The firm recently represented China Minsheng Investment Group’s property arm SRE Group, a Shanghai-based developer listed in Hong Kong, in its US$88 million acquisition of 75 Howard, a harbourfront condominium development in downtown San Francisco.…
China Unicom Units Inflated Sales for Years, Document Shows
China United Network Communications Group Co., the state-run phone giant known as Unicom Group, found what it described as an unprecedented degree of falsified revenue, profit and asset figures at units in the northwestern province…
China Unicom to reduce roaming fees in B&R regions
Company logos of China Unicom are displayed at a news conference during the company’s announcement of its annual results in Hong Kong, China, March 16, 2016.[Photo/Agencies] BEIJING – Beijing Unicom, a branch of mobile network…
How China’s Rich Use Mobile to Boost Their Individualism
With 78 percent of affluent Chinese consumers purchasing high-end goods on mobile devices, luxury marketers must amplify their online efforts to further facilitate mobile conversions, according to a new report from Emerging Insider. Emerging Insider’s…
China's Lenovo announces restructuring to focus on consumer
HONG KONG Lenovo Group Ltd announced a plan to restructure its China business to cope with the changing personal computer (PC) industry. Lenovo will be reorganized into two divisions, a consumer-focused division of PC and…
Can South Korea and China patch things up over THAAD?
Beijing (CNN)Jeong Min-young is worried. Everyday she checks the news fearing she’ll see more headlines about worsening ties between the country of her birth, South Korea, and her adopted home, China. Since the beginning of…
China's April outbound investments slow further despite Belt and Road push
BEIJING China’s April non-financial outbound direct investment (ODI) fell 71 percent from a year earlier as the government maintained a tight grip on funds leaving the country despite a high-profile outward push through the Belt…
Mobile-First Ecosystem Spurs Chinese Individualism
Emerging Insider’s “The Purchasing Habits of China’s Affluent Population” report found that as consumers’ comfort with mobile commerce has grown, digital marketing has become influential in the path to purchase and is likely to gain…
IPO Looks Bright For Chinese Education Company Bright Scholar
Growing education sector in China and improving revenue makes us bullish on this IPO. We recommend a modest allocation. Overview Bright Scholar Education (Pending:BEDU) has filed for a $200 million IPO in the U.S. The…
Privacy concerns as China expands DNA database
China is building a vast DNA database with no appropriate privacy protection, human rights activists warn. While a genetic database of convicted or suspected criminals exists in many countries, China is thought to include anyone,…
China Is Reluctant to Blame North Korea, Its Ally, for Cyberattack
Within China news organizations, both state-run and private, reported on the hacking attacks, as well as the possible links to North Korea, hours after it occurred. But they did so in a controlled fashion that…