Speaking at the 2017 Sydney China Business Forum, Nicolas Chu from Sinorbis, a company which specialises in marketing to China, suggests understanding the differences between China and the West is integral if you are to…
Monthly Archives For September 2017
China should reduce restrictions on foreign capital, senior economists say
China should further reduce restrictions on foreign investors and advance efforts to continue opening up the financial sector, a former senior official with the International Monetary Fund said on Saturday. “Granting more access to foreign…
Why China’s Uber is investing in used cars
For Didi, which defeated Uber’s attempt to build a successful China business, used cars offer a potentially lucrative addition to its growing empire. “They want to own as much business as possible related to transportation,”…
NHL has lots of work to do before gaining foothold in China
The native of Waterloo, Ont. always has his eye out for an underdog story. Tim Pearson made the journey to Shanghai and Beijing last week. As part of his executive role with Bauer, he has…
Hong Kong poised to be toppled from top of global IPO league table for first time in two years
During the period, US$2.69 billion was raised from 32 deals on both the main board and the Growth Enterprise Market, data from Thomson Reuters showed, a sharp fall from the US$11.74 billion seen a year…
Is China still keen to develop a sovereign digital currency after ban on bitcoin trading?
Financial News, the mouthpiece of the People’s Bank of China, published an opinion piece on last Tuesday saying Beijing should “accelerate the process of launching a sovereign digital currency after it curbed risks of encryptocurrencies”.…
China Property Stocks Won’t Stay Cool for Long
China-related property stocks, which made strong gains this year, sold heavily on Monday as investors reacted to another wave of tightening measures by Beijing. But many analysts say the decline is likely to be short-lived.…
China Unicom, China UnionPay set up big data unit
China Unicom announced today the establishment of a big data unit in its latest effort to seek new growth as traditional business shrinks. The new subsidiary will make use of the telco’s advantage in cross-industry…
China Construction Bank Partners IBM for Blockchain ‘Bancassurance’ Solution
China Construction Bank, the world’s second-largest bank by market capitalization, is working with IBM to develop and launch a blockchain-enabled bancassurance platform for its retail and commercial banking arm in Hong Kong. A ‘bancassurance ……
Calls for a freer yuan from inner circle of China’s central bank
China could be heading towards a free-floating currency after a group of economists – including officials from the central bank – suggested the time was ripe for such a move. The comments were made in…
China’s robot revolution may affect developing countries, says World Bank
China is rapidly replacing factory workers with machines and will likely have the highest number of industrial robots in the world by next year, according to a new World Bank report. The fast pace of…
China’s Banks Cannot Achieve Financial Inclusion Alone, Think Tank Chief Says
(Beijing) — To achieve financial inclusion in China, a competitive and sustainable microloan market is more important than simply offering loans at lower rates or to provide lending to borrowers shunned by banks, the head…
Hong Kong ‘falling behind’ in race to build up automated financial adviser platforms
Operators of automated, algorithm-driven financial planning services, or so-called robo-advisers, in Hong Kong need to significantly step up their game if they are to compete with Chinese and US institutions, according to Freeman Tsang, head…
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