This week, over 700 million Chinese will be on the move, hitting the nation’s superhighways or boarding trains, planes, buses, and cruise ships to embark on National Day (国庆 guóqìng) vacations: ( read original story…
Monthly Archives For October 2017
Warriors begin a hectic week in China, but ‘don’t feel bad for us’
(Anda Chu/Bay Area News Group) “It’s very easy to adjust when you stay … Thompson also traveled with the Warriors when they last played in China in 2013. Apparently, a 15-hour time difference, jet lag…
How crazy is China’s mobile pay?
Over the past five years, China has embraced a life on-line. Some expats here in China, as well as Chinese themselves have dubbed the phenomenon, China’s “Four New Great Internet Invention”! Same as the four…
China’s Geely to take control of Denmark’s Saxo Bank
COPENHAGEN (Reuters) – Chinese carmaker Zhejiang Geely Holding Group will increase its stake in Denmark’s Saxo Bank to more than 50 percent in a deal that highlights China’s drive to tap the expertise of European…
China’s Geely in $300 million deal to control Denmark’s Saxo Bank
COPENHAGEN (Reuters) – Chinese carmaker Zhejiang Geely Holding Group will increase its stake in Denmark’s Saxo Bank to above 50 percent in a $300 million-plus deal that highlights China’s drive to tap the expertise of…
China to cut bank reserve threshold
Beijing/Shanghai — China’s central bank says it is to reduce the amount of cash that lenders must hold as reserves from 2018, with the size of the cut linked to the flow of funding to…
China Makes Targeted Reserve Requirement Rate Cut to Boost Lending to Small Firms
China’s central bank on Saturday cut the amount of cash that some banks must hold as reserves for the first time since February 2016 in a bid to encourage more lending to struggling smaller firms…
China accused of flooding Europe with cheap e-bikes
China has been accused of flooding Europe with hundreds of thousands of cheap electric bicycles. Imports of Chinese e-bikes to Europe have increased from almost zero in 2010 to an estimated 800,000 in 2017, according…
Huawei beats Apple as top brand in China
BEIJING: In a setback for Apple that is trying to make deeper inroads into China, smartphone buyers in the country have chosen domestic brands over the iPhone maker with Huawei being their first choice, a…
China’s EV Market Nearing 2 Percent Penetration
The number of passenger vehicles sold in China surged 68 percent in August compared to the same month last year, but the really compelling statistic is the number of electric vehicles that made up the…
China’s Harsh Words Mask a Trade Boom With South Korea
That is good news for South Korea, though perhaps not for its snails … That trade could ease in coming years as China upgrades its technological capabilities. But for now, politics cannot overcome China’s appetites.…
Bitcoin Bug Bites Japan and South Korea as China Clamps Down
SAN FRANCISCO — Until recently, China was a center of Bitcoin activity while the rest … Companies in both Japan and South Korea have been experimenting with the blockchain, the technology introduced by Bitcoin that…
Akuffo-Addo has maintained friendly policy towards China – Ambassador
Madam Sun Baohong, Chinese Ambassador to Ghana, says President Nana Addo Danquah Akuffo-Addo, has maintained a friendly policy towards China, since assuming office. She said President Akuffo-Addo, was committed to building even stronger relations between…
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