China Unicom Hong Kong Ltd.’s landmark mixed-ownership reform has had one unintended consequence: It’s transformed a U.S.-sanctioned communications equipment maker into an $18 billion market darling. Shenzhen-based ZTE Corp. has been on fire since China…
Monthly Archives For October 2017
Hyundai, China Unicom To Build Big Data Center In Guizhou
South Korea’s Hyundai Group will cooperate with China Unicom to build a big data center in Guizhou. This is the first overseas big data center for Hyundai Group. With this move, Hyundai hopes to provide…
Bonpoint CEO Marie-Sabine Leclercq on How a Small Luxury Brand Makes It in China
When Bonpoint CEO Marie-Sabine Leclercq visits China on behalf of the company—there are 16 of the French luxury childrenswear shops on the mainland—she notices one key difference in the women there compared with women in…
Founder of China micro-lender set to become billionaire with IPO
Surging valuations for Chinese fintech startups are about to turn micro-lending tycoon Min Luo into the country’s latest IPO billionaire. Luo, 34, founder and chief executive officer of online loan provider Qudian, owns about a…
How the Warriors used China trip to grow business opportunities
SHANGHAI – The towering buildings sprang upward under a sea of blue sky in all directions. As Warriors chief marketing officer Chip Bowers sat in the restaurant of the team’s five-star hotel, he only needed…
China’s currency flexes its muscles, pressuring the dollar
The People’s Bank of China (PBOC) was likely attempting to provide “overriding stability” ahead of the 19th Community Party Congress on Oct. 18, one market watcher said PBOC governor Zhou Xiaochuan told financial magazine Caijing…
China’s economic achievements since 18th CPC national congress
China’s 2016 GDP of $11.2 trillion accounted for 14.8 percent … Thanks to reforms to simplify business registration and streamline approvals, the number of new companies registered in 2014-2016 totaled 13.62 million, an annual increase…
China central bank chief calls for open finance sector
BEIJING • People’s Bank of China (PBOC) governor Zhou Xiaochuan made a fresh call to open up the country’s financial sector, and warned that reform will become more difficult if the window of opportunity is…
Soon, another IPO billionaire in China
Founder of online lender worth at least US$1.2b after US listing BEIJING • Surging valuations for Chinese fintech start-ups are about to turn micro-lending tycoon Min Luo into the country’s latest IPO billionaire. Mr Luo,…
Chinese central-bank chief talks of reforms aimed at lifting yuan’s status
Once missed, the cost of reform will be higher in the future,” said Zhou Xiaochuan, the governor of the People’s Bank of China … China’s leadership — Zhou’s comments suggest Beijing would be more proactive…
West Bank Blues: Palestine’s Interpol Membership Rattles Israeli Media
AP Photo/ Interpol In this photo provided by Interpol, a Palestinian delegate receives the INTERPOL flag from the president of the International Criminal Police Organization Meng Hongwei second right, during the Interpol General Assembly, in…
World’s Most Powerful National Brands: Canada Rises To #7
China’s growth on the brand metric has been meteoric. The value of its brand grew 44 per cent in a year, to US$10.2 trillion, compared to just two-per-cent growth for the U.S. brand. Watch: Canada…
Follow me: Luxury brands turn to social media to connect with customers
told the South China Morning Post in an interview on Tuesday during a visit to Hong Kong. Jacobson, who was the eighth employee to join Facebook, said the risk for luxury brands in using social…
ADVERTISEMENT
