LAHORE: China Mobile Pakistan (CMP) has promised that it will reinvest its domestic earnings in Pakistan’s cellular market through its subsidiary Zong. A statement issued by the company on Thursday said CMP, itself a subsidiary…
Monthly Archives For August 2017
Top anti-graft inspector at China’s finance ministry under investigation for graft
BEIJING: The head of the anti-graft committee for China’s Ministry of Finance has been put under investigation himself for suspected graft, the ruling Communist Party’s anti-corruption watchdog said on Sunday (Aug 27). Mo Jiancheng was…
IOC president says no immediate concerns for Pyeongchang Winter Games
BEIJING — International Olympic Committee president Thomas Bach said Saturday he sees “no reason for any immediate concern” about tensions on the Korean Peninsula affecting next year’s Winter Olympics in Pyeongchang, South Korea. Bach told…
Beijing hutong clean-up threatens independent art space, forcing it to hide behind a brick wall in the hope of surviving crackdown
A well-known independent art space has sealed itself behind a brick wall in the hope that it can survive Beijing’s crackdown on unauthorised establishments in the quiet hutong that has been its home since 2008.…
No immediate security concerns for PyeongChang Games says IOC president
Bach told The Associated Press in Beijing that the IOC was monitoring developments but was buoyed by the support of governments and national Olympic committees. Security challenges posed by the escalating tensions over North Korea’s…
Official Passenger Air Transportation Services Partner for Beijing 2022
Air China Limited (“Air China”) has become the Official Partner of the Beijing Organising Committee for the 2022 Olympic and Paralympic Winter Games (“Beijing 2022”) on August 23, 2017, the company said. Chen Jining, acting…
China’s R&F Properties roars back into the spotlight on Wanda deals
the five Guangzhou-based property developers are commonly known as the “Five South China Tigers” for their aggressive business style. In 2007, R&F ranked No.4 in terms of sales nationwide, but it slipped to 25th place…
Andrew Collier on the Upside of Shadow Banking in China
Collier, however, argues that Beijing has the wherewithal to handle future financial challenges. You make the case that shadow banking has allowed China’s market economy to flourish without directly challenging state control. How? There are…
China’s traditional food giants struggle to stay relevant in digital age
Among the string of Hong Kong-listed companies filing earnings results this month, food companies whose focus is mainland China have reported mixed performances, with those seen as technology savvy having the upper hand in attracting…
Luxury from China: Secoo files for a $100 million US IPO
The Beijing, China-based company was founded in 2008 and booked … The article Luxury from China: Secoo files for a $100 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com.…
China’s confident ‘silver fox’ steps into diplomatic limelight
BEIJING (Reuters) – He has been likened to a “silver fox” in China’s state media. Online, his looks and staunch defense of Chinese interests has won him a loyal following. Foreign diplomats say he can…
China’s Bay Area Is a Property Mega-Market in Waiting
China wants its Pearl River Delta megalopolis, a global manufacturing engine with more people than France, to be even more dominant. Policy makers plan to boost economic output of the region beyond that of greater…
China’s school dropouts a growing concern for economy in transition
HUANGCHUAN VILLAGE, China (Reuters) – Every day after lunch, Qu Yexiu used to potter around her house in north west China doing housework and looking after her two-year-old grandson. Now, every day after lunch, Qu…
