The explosion at a factory in Ningbo, one of China‘s busiest ports, struck a neighbourhood along the Yong River at about 8:55 a.m., the official Xinhua News Agency and other outlets reported. No other details…
Monthly Archives For November 2017
Tech firms are finding Hong Kong as an IPO destination, but is it too late for the city to catch up?
ZhongAn’s IPO has set off a wave of enthusiasm towards tech listings Victor Au, Delta Asia Securities China Literature was the internet star that burned the brightest. China’s largest online publishing and e-book site, a…
Police investigate Beijing kindergarten over molestation claims, children leaving with needle marks
Police in Beijing are investigating claims of molestation and needlemarks on children at a kindergarten. China’s childcare industry is booming as the middle class rises. The story is huge in China, with 76 million mentions…
Beijing Kindergarten Is Accused of Abuse, and Internet Erupts in Fury
BEIJING — A kindergarten in Beijing run by a New York-listed company has been engulfed by a wave of public suspicion and wrath after parents charged that children in a class there were fed pills,…
China online finance regulator tells unqualified micro-lenders to stop lending
BEIJING (Reuters) – The National Internet Finance Association of China issued a risk warning letter late on Friday telling “unqualified institutions” to immediately stop offering loans as Beijing steps up a crackdown on the micro-loan…
Cracking China: how brands must speak to the travelling Chinese
China is changing at an incredible pace, culturally, economically and socially – and Chinese consumers are super connected. Understanding, engaging and selling to Chinese speaking consumers – both in China and here in the UK…
What happens to the world’s economy should China sneeze?
Should China sneeze, would the world catch a cold? Or catch the flu? Or something worse? I ask, because over the past few months, the flow of economic data from the world’s second-largest economy has…
BRIEF-China Shandong Hi-Speed Financial Group posts HY loss attributable of HK$240.1 million
* HY loss attributable HK$240.1 million versus loss of HK$550.7 million Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
BRIEF-China Oceanwide International Financial expects a profit for HY
* Expected result mainly due to increase in revenue Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
China says it will inspect kindergartens after chilling abuse report
It’s the latest case involving schools to spark online outrage in China. “Laws must be enforced, supervision strengthened, teacher wages increased,” an editorial by the official Xinhua News Agency said. “The child-care industry cannot be…
China launches national kindergarten probe after ‘needle marks’ found on toddlers
Its shares plunged by more than 40 percent in after-hours trading. China’s official Xinhua news agency said children were also “reportedly sexually molested” but gave no further details. Li Jing, mother of a three-year-old girl,…
China reports breaking up gang that moved $3 billion abroad
Seven suspects were detained in the case centred in the southern city Shaoguan near Hong Kong but as many as 10,000 people might have been involved, the official Xinhua News Agency reported. Chinese authorities have…
China’s economy ‘will be mainly digital by 2021’
He also shared predictions for the information and communications technology market, including on cloud computing, blockchain technologies, artificial intelligence and quantum computing. Wu said that by 2020, more than 70 per cent of China’s top…
