[Photo/Agencies] BEIJING – China’s non-financial outbound direct investment (ODI) maintained a double-digit growth in January, the third consecutive monthly increase, official data showed Tuesday. Chinese investors made 69.5 billion yuan ($11 billion … ( read…
Monthly Archives For February 2018
Beijing sees more community-based bank branch closures
such as transactions of financial products and payment for water and electricity.However, all the services are accessible online. A resident of Beijing’s Xicheng District surnamed Wang, said that about half of the bank branches in…
China’s experience in inclusive finance helpful to other countries: report
BEIJING – China’s experience in groping for a sustainable development pattern of inclusive finance is helpful to global financial regulators, a report said Sunday. The report, jointly released by the People’s Bank of China and…
China to strengthen regulation over Internet finance businesses
BEIJING – China will continue to strengthen regulation over the country’s mushrooming Internet finance businesses in 2018 to facilitate long-term development of the industry, the National Internet Finance Association (NIFA) has said. Instead of conducting…
Millions in China journey home for Lunar New Year
China’s official Xinhua news agency said more than 1.1 million were expected to pass through railway stations in Beijing on Tuesday and Wednesday alone. Travel agency Ctrip and the China Tourism Academy also found more…
Jewelry companies vie for China’s independent women in marketing blitz
“A memento to reward your own success,” reads the slogan alongside a diamond encrusted pendant in an advertisement from Chow Tai Fook, a Hong Kong-based jewelry company that has a big presence across China. Facing…
China’s Baidu tops revenue and profit estimates, shares rise
(Reuters) – China’s Baidu Inc reported on Tuesday quarterly profit and revenue that beat analysts’ estimates, powered by strong performances of its search and newsfeed services. The company’s shares rose nearly 5 percent to $236.4…
Ministry brands Maldives claims ‘ridiculous’
Beijing dismissed a former Maldivian president’s remarks on China-Maldives cooperation as one-sided and disparaging on Tuesday. Mohamed Nasheed, who served as president from 2008 to 2012, has accused China of taking control of 17 islands…
China’s Tecno takes market lead in Somalia amid rapid growth
Tecno has today positioned itself as a force to be reckoned with in terms of brand penetration and market dominance in the Horn of Africa nation. “People were not really sure if they could buy…
China Life Appoints Addiction Advertising to Drive Brand Engagement in Singapore
China Life Insurance Singapore has appointed TMG agency, Addiction Advertising to create and execute a branding and tactical product strategy to strengthen its brand in Singapore and drive consumer engagement. The Singapore-based agency will deliver…
Isobar China Group announces strategic agency integration plan
To better leverage resources and improve efficiency, all specialist service teams from different Isobar China Group brands, including planning, media, procurement and production, will be integrated to form a specialist function. April Chang, formerly ……
Baidu plans US IPO of Netflix-like unit as sales top estimates
BEIJING (BLOOMBERG) – Baidu Inc plans to list its Netflix-like … which in turn generates more ad sales. “The iQiyi IPO confirmation is positive and we think that video will be a top story in…
Foxconn’s planned IPO reflects vitality of China’s real economy
A Chinese netizen browses the website of Foxconn Technology Group in Ji’nan city, East China’s Shandong province, Feb 11, 2018. [Photo/IC] THE CHINA SECURITIES REGULATORY COMMISSION disclosed the prospectus of Foxconn Industrial Internet Company, a…
