The China Securities Regulatory Commission (CSRC), the country’s top securities regulator, has approved the IPO applications for nine companies. They will raise up to 4.3 billion yuan ($638 million), the CSRC said. READ MORE China…
Monthly Archives For July 2017
VPN companies say Apple removed their apps from China
WASHINGTON — China appears to have succeeded in eliminating software programs that enable its people to view an uncensored internet. Companies that let people avoid the government filters say their programs have been removed from…
Sri Lanka signs deal on Hambantota port with China
Sri Lanka has signed a $1.1bn (£837m) deal with China for the control and development of the southern deep-sea port of Hambantota. The deal had been delayed by several months over concerns that the port…
China mall offers ‘man pod’ havens for husbands wary of shopping
The first pods were launched at the Global Harbor shopping mall in Shanghai in June, and since then over 1,000 men have used the facilities, according to Ruwo Smart Technology, the company behind the scheme.…
China’s financial watchdogs vow to clean up their mess after rebuke by Xi Jinping
China’s financial regulators, which have avoided being merged into one super regulator, have pledged to redouble their efforts to fend off financial risks, after their failure of duty was publicly criticised at a financial meeting…
What’s next for China’s booming fintech sector?
The fast and furious growth of the country’s Internet finance industry will inevitably slow. Companies need to begin positioning themselves for sustainable success. China’s Internet finance industry has boomed in recent years. The country leads…
China’s furniture industry embraces independent designer brands
German designer Christoph John(R), Chinese designer Zhang Lei(C), and Serbian designer Jovana Zhang pose with their works, three chairs made of different materials, in Hangzhou, east China’s Zhejiang Province, July 28, 2017. Christoph works for…
10 Rising Female Brand Ambassadors in China You Should Know
In recent years, international brands are racing to secure partnerships with leading celebrities to reach Chinese consumers, especially the younger generations. The role of brand ambassadors is becoming increasingly important for establishing, maintaining … (…
How China’s Best Performing Brands Localize For The Market
Out of every 100 people you pass on the average street in China, 12 of them will be obese. Yet if you find yourself in Beijing, that number is 26. On top of that, they’ll…
11 jailed for faking popular baby formula brands
SHANGHAI — Eleven people received jail terms in Shanghai Friday, after being convicted of producing and selling counterfeit baby formula imitating popular foreign and domestic brands … making company based in east China’s Shandong Province…
CIA brands China as long-term security challenge to US
Prime News, International, New York, July 27 : CIA Director Mike Pompeo has branded China as one of the biggest threat to America’s super power status in the world, than Russia or Iran. Terming terrorism…
Apple is removing VPN services from China App Store: providers
BEIJING (Reuters) – Apple Inc (AAPL.O) is removing virtual private network (VPN) services from its app store in China, VPN service providers said on Saturday, accusing the U.S. tech giant of bowing to pressure from…
Sri Lanka, China sign long-delayed $1.5 billion port deal
COLOMBO, Sri Lanka — Sri Lanka’s government on Saturday signed a long-delayed agreement to sell a 70 per cent stake in a $1.5 billion port to China in a bid to recover from the heavy…
