Our regular roundup of China online travel includes updates from Ctrip, Meituan-Dianping and Airbnb. Travel agencies were the second fastest-rising category in the BrandZ China Top 100 in 2018 with a 57% increase in brand…
Monthly Archives For April 2018
LVMH sets upbeat tone for luxury brands as China demand rolls on
LVMH set an upbeat tone for the luxury industry, ploughing ahead with double-digit sales growth that beat analysts’ estimates for the start of the year. First-quarter sales rose 13 per cent on an organic basis,…
China-US Trade War Can Have a Massive Impact on Taiwanese Smartphone Manufacturers, According to a New Study
Albany, NY — 04/13/2018 — A new research study titled “China-US Trade War and Its Impact on Taiwanese Companies Produced Communications Equipment in China” has been submitted to the database of Market Research Hub (MRH).…
In trade dispute with Donald Trump, China has a secret weapon
In 2015, Hyundai Motor Co. was the third-most popular passenger vehicle brand in China, with 5 percent of the market; last year, its share had slipped to 3.1 percent, ranking Hyundai 11th, according to LMC…
BRIEF-Agricultural Bank Of China To Boost Financial Leasing Unit’s Capital By 6.5 Bln Yuan
April 13 (Reuters) – Agricultural Bank Of China Ltd : * SAYS IT PLANS TO BOOST FINANCIAL LEASING UNIT’S CAPITAL BY 6.5 BILLION YUAN ($1.04 billion) Source text in Chinese: bit.ly/2JIOGVh Further company coverage: ($1…
Trade war or not, China is closing the gap on U.S. in technology IP race
HONG KONG (Reuters) – China’s rising investment in research and expansion of its higher education system mean that it is fast closing the gap with the United States in intellectual property and the struggle to…
China March new loans rebound to $178.23bn, shows data
The financing data also suggested that authorities continue to make solid inroads in their campaign to clamp down on riskier lending practices and shadow banking without stunting economic growth. Banks in China extended 1.12tn yuan…
China’s central bank ‘set to relax’ deposit rate guidelines
China’s central bank will relax its informal guidance on the upper limit of commercial banks’ deposit rates, facilitating the market liberalisation of interest rates, three sources with knowledge of the matter told Reuters on Friday.…
PBOC’s Yi Pledges More Steps to Further Open China’s Economy
(Bloomberg) — People’s Bank of China Governor Yi Gang pledged additional measures to open the economy, offering more specifics that may help ease trade tensions with the U.S. Authorities aim to introduce a Shanghai-London stock…
UPDATE 2-China March new loans rebound to 1.12 trln yuan as shadow banking retreats
BEIJING, April 13 (Reuters) – Chinese banks doled out more loans in March and appeared to make solid progress in reining in off-balance sheet lending that has prompted a sweeping crackdown by regulators looking to…
Scottish business leaders sign China deal
Scottish business leaders hope to tap into a huge Chinese infrastructure programme following a “historic” deal with their East Asian counterparts. Scottish Chambers of Commerce (SCC) signed a memorandum of understanding with China’s Chamber of…
Beijing considers reviving outbound investment scheme for domestic investors after three-year hiatus
Officials at a Beijing-based mutual fund house confirmed to the South China Morning Post that the discussion took place, and said the regulator had been considering relaxing outflow controls under the QDII scheme for a…
Xiaomi-backed phone start-up eyes China’s US$14 billion mobile game market with new handset
Black Shark, a start-up established in August last year with backing from Chinese tech giant Xiaomi, said it has received more than 100,000 registrations from users expressing interest in its new smartphone specifically targeted at…
