A self-regulatory organization focused on online finance in China has issued a warning to its members on initial coin offerings (ICOs). In a statement yesterday, the National Internet Finance Association of China warned that ICOs…
Monthly Archives For September 2017
Ex-B.C. teacher quits Beijing private school after past sex history revealed
A former B.C. teacher has resigned from his job at Beijing’s Huijia Private School after Postmedia News revealed his past sexual contact with students. Robert John Robertson was stripped of his teaching credentials last year…
Understanding China key to brand protection success
China presents specific challenges to trademark owners but success in the Asian marketplace is possible, according to a new white paper. Published by MarkMonitor, the paper – titled Best Practices for Brand Protection and Effective…
A brief explainer on the BRICS summit in China’s Xiamen
As China prepares to host next week’s summit of leaders from Brazil, Russia, India, China and South Africa, some are questioning whether the club of fast-developing nations is viable anymore given economic woes and sharp…
UPDATE 1-China’s property market is a major source of financial risk – c.bank official
… market has become a major source of financial risk and Beijing cannot rely on adjustments to monetary policy alone to resolve the “serious” problems caused by the sector, a central bank official wrote on…
RPT-UPDATE 1-China’s c.bank bans longer-tenor NCDs to close bank funding loophole
SHANGHAI/BEIJING, Aug 31 (Reuters) – China’s central bank has barred financial institutions from issuing certain kinds of interbank loans as a funding loophole, as it continues to keep a tight grip on the potential for…
As Luxury Brands Connect With China’s Young, the Dangers of Debt Loom Large
Last week, a young man tried to end his life by jumping off a bridge and into a river after accumulating over 100,000-yuan in debt. He had borrowed the money from an online credit company…
RYB Education Aims For $100 Million IPO
I’ll provide an update as management discloses more details about the IPO. Quick Take Beijing-based RYB Education (RYB), an early childhood education company, intends to raise $100 million in gross proceeds from an IPO of…
Efforts to mend China-Vatican rift seem stalled over bishops
“Recently, the news we hear is not so good,” said Jeroom Heyndrickx, of Belgium’s Catholic University of Leuven, who has sought to foster informal cultural exchanges between the church and China. Chinese officials who manage…
Pay with your face at this KFC in China
Paying for food at one KFC restaurant in China just got a lot more personal. Forget cash, credit cards or a smartphone — customers can now settle the bill with their face thanks to new…
Despite strains, Vietnam and China forge closer economic ties
HANOI (Reuters) – Tensions are high on the South China Sea as Vietnam faces off against China over their overlapping maritime claims. But for the boatmen on the junks cruising the calm expanse of Vietnam’s…
Just smile: In KFC China store, diners have new way to pay
Yum China, which spun off from its U.S. parent Yum Brands Inc last year, is trying to rev up growth in the world’s second largest economy, where food safety scares and changing consumer tastes have…
WeChat Stores May Change the E-Commerce in China
The emergence of new technology has transformed our consumption environment in an impressive way in China. Brands and influencers have quickly succeeded in penetrating the Chinese market and society by using tools that intertwine into…
