Even companies belonging to China’s golden business billionaire, Jack Ma. In fact, the Trump administration has been making companies reapply, and put up a bunch of hurdles for people that never expected them. One of…
Monthly Archives For January 2018
Get smarter – tellers must adapt as Chinese customers embrace digital banking services
“I see less service counters but more machines instead now,” she said. The branch she visits is one of the Beijing-based bank’s 13,000 branches – more than 80 per cent of its total network in…
Beijing to build $2 billion AI research park: Xinhua
BEIJING (Reuters) – Beijing is planning to build a 13.8 billion yuan ($2.12 billion) artificial intelligence development park in the city’s west, the official Xinhua news agency reported, as China pushes ahead to fulfill its…
China’s Ant Financial drops MoneyGram deal as US approval fails
Ant Financial, an affiliate of Chinese internet titan Alibaba, has been forced to abandon a $1.2 billion deal to buy US remittances firm MoneyGram after failing to get approval from regulators in Washington. The decision…
China central bank can tell local governments to regulate bitcoin miners’ power use: source
BEIJING (Reuters) – China’s central bank told a top-level government internet … The PBOC could not be reached for immediate comment outside business hours. ( read original story …)
China to boost intellectual property protection: state media
The council also said during a meeting chaired by Premier Li Keqiang it would improve the business environment for companies in China, according to the report. ( read original story …)
Beijing records best air quality in five years in 2017
Air quality in China’s notoriously smog-ridden capital in 2017 was the best since pollution control measures were implemented five years ago, the Beijing government announced Wednesday. The city met its targets with year-on-year “improvement of…
Beijing meets 2017 air pollution target set under 2013 clean-up plan
BEIJING (Reuters) – China’s smog-prone capital Beijing met its air quality targets last year following a crackdown on polluters and a sustained period of favorable weather, the local environmental agency said in a statement on…
US blocks sale of Moneygram to China’s Ant Financial
The US has blocked the $1.2bn (£880m) sale of money transfer firm Moneygram to China’s Ant Financial, the digital payments arm of Alibaba. It is the highest profile Chinese deal to be rejected by Washington…
Beijing’s blue sky reveals Chinese determination
The turret of the Palace Museum in Beijing is seen in a clear day on Nov 22, 2017. [Photo/IC] The opinions expressed here are those of the writer and do not represent the views of…
Beijing’s second-hand home prices fall for 8 consecutive months by 15%
Beijing’s second-hand home prices fall for 8 consecutive months by 15 percent, with annual online transaction registration down 50 percent, Beijing News reported Wednesday. The second-hand home prices in Beijing peaked in April and then…
Beijing completes land supply target for 2017
Beijing met its land supply target for 2017 for residential houses, according to the Beijing Municipal Commission of Urban Planning and Land and Resources Management. In 2017, Beijing supplied a total of 721 hectares of…
Beijing takes major step closer to its mega-airport
Builders have finished the roof work of the main terminal of Beijing’s new airport on the last day of 2017, marking the completion of its exterior work. Over 1,200 workers braved the chilly winter weather…
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