The restructuring of the economy sought by Beijing — with the core growth drivers shifting … to ski equipment — will fall from 17.3 per cent to 7.7 per cent, the Finance Ministry said. Many…
Monthly Archives For November 2017
Bank of East Asia sells consumer finance assets to Chinese lender QL Finance for HK$1 billion
China’s central bank orders crackdown on online lenders to curb runaway credit QL Finance is a wholly owned subsidiary of Beijing-based China Financial Services Holdings (CFSH), which provides loans and financial services primarily to small…
Holding Large Events in China: Lessons for Brands from the Victoria’s Secret Shanghai Fashion Show
While the issues faced during the execution of Victoria’s Secret fashion show in Shanghai this year may seem outlandish to outsiders, these obstacles are everyday occurrences for PR companies and event planners in China, where…
Beijing’s 20 best restaurants
(CNN) — As recently as the 1980s, Beijing had only a meager portion of privately-owned restaurants. Fast forward three decades and the capital of the world’s most food-obsessed country is back on its A-game. Whether…
Beijing’s 20 best hotels
(CNN) — As Beijing marches ahead in the global power stakes, its armory of world-class hotels strengthens year on year, if not month on month. It’s not all flashy five-star high-rises either; the city’s timeworn…
Beijing Razes Migrant Neighborhoods, Evicting Tens of Thousands
BEIJING — At night on the edges of Beijing, the migrant workers who keep China’s capital city fed, cleaned, swept and supplied wait in fear of a knock on the door that could ruin their…
China: Nursery abuse probe provokes widespread distrust
According to its own website, the company runs more than 1,000 facilities across China. It said it “deeply apologises” for a matter it said had caused “severe disquiet”. RYB is listed on the New York…
China’s Xi praises Obama’s efforts to build US-China ties
The official Xinhua News Agency said Thursday that Obama met on Wednesday with Xi at the Diaoyutai State Guesthouse in Beijing and discussed bilateral ties. Xinhua said Xi “made positive comments” about Obama’s efforts to…
China LED Lighting Market 2017-2024 – Key Players are CREE, Foshan Electrical & Light, MLS, Osram & Philips Lighting
For promoting high-efficiency LED lighting products, National Development and Reform Commission (NDRC) and China’s Ministry of Finance (MOF) had collaborated to look after interim measures on administration of financial subsidies. The actions like … (…
China: Kindergarten abuse provokes widespread distrust
According to its own website, the company runs more than 1,000 facilities across China. It said it “deeply apologises” for a matter it said had caused “severe disquiet”. RYB is listed on the New York…
China’s RETO Eco-Solutions prices $14 million US IPO at $5 midpoint; pops 111% on Wednesday
RETO Eco-Solutions, a Chinese supplier of eco-friendly construction materials, raised $14 million by offering 2.8 million shares at $5, within the range of $4.50 to $5.50. At IPO, the company commands a market value of…
Kindergarten scandal raises ethics questions over China’s IPO rush
TAIPEI A child-abuse scandal involving a prominent Beijing kindergarten is raising questions about whether China’s initial public offering rush has become too heated to allow sufficient screening of candidate companies. Parents last week alleged that…
China’s HNA considers IPO for its Swiss airline catering subsidiary Gategroup
Chinese conglomerate HNA Group is considering an initial public share offering for Gategroup Holding, the airline caterer it bought for US$1.5 billion in cash last year in a deal that is facing regulatory scrutiny from…
