With a couple of tweets, U.S. President Donald Trump may have brightened the mood of this week’s trade talks between China and the United States. But he’s also increased confusion here in Beijing. In this…
Monthly Archives For May 2018
China’s property market to steadily cool in 2018 – government think tank
BEIJING (Reuters) – China’s property prices are expected to cool steadily this year amid persistent curbs on buyers and tighter monetary conditions, but the market remains frothy and is subject to volatility, a government think…
China Mobile Wallet and Payment (SMS/USSD, NFC, Code Based, and Web Based) Market 2016-2025
DUBLIN, May 14, 2018 /PRNewswire/ — The “China Mobile Wallet and Payment Market Opportunities (Databook Series) – Market Size and Forecast (2016-2025) by Mobile Commerce, P2P transfer, Bill Payment, Retail Spend, Consumer Attitude & Behaviour,…
Foxconn unit luring cornerstone investors for Shanghai IPO
Foxconn unit’s IPO, which would be the largest domestic listing since China’s stock market crash in mid-2015, comes at a time when Beijing steps up its efforts to encourage Chinese “new economy” companies to list…
‘We’re building here for 100 years’: JPMorgan is making a big move into China
JPMorgan has announced plans to set up a new brokerage in China, marking a major advance into the relatively closed market. The Wall Street bank has applied to set up a new onshore securities business.…
China leads the world as luxury brands invest in digital channels
China is the most advanced digital market for luxury advertisers, attracting more than 50% of ad spend, according to research by Zenith. The Luxury Advertising Expenditure Forecasts 2018 report, which compares luxury advertising expenditure in…
Hisense debuts at Shanghai brand exhibition
Chinese home appliances giant Hisense Group made its debut at the first China Independent Brand Exhibition in Shanghai on May 10, China Brand Day, displaying its 49 years of history since its birth as an…
ZTE employees in China cheer Trump tweet
In an unexpected reversal of a hardline U.S. stance on the issue, Trump said on Twitter on Sunday that he and Chinese President Xi Jinping were working together to give ZTE “a way to get…
Xiaomi Mi 7 Pre-Orders To Kick Off On May 27: China Mobile
It seems like the Xiaomi Mi 7 pre-orders may begin really soon, on May 27, at least according to info shared in front of a China Mobile store. As most of you probably already know,…
China’s Cross-border Online Shopping Market set to Exceed US$125 billion in 2018, says Frost & Sullivan
Total online shopping sales in China are set to pass US$1 trillion in 2018, whilst cross-border online purchases will exceed US$125 billion, finds new Frost & Sullivan study SINGAPORE, May 14, 2018 /PRNewswire/ — China’s…
China’s night-owl retail investors leverage up to dominate oil futures trade
Market regulator China Securities Regulatory Commission (CSRC … That’s Liu – the Nanjing banker. He said he can handle the financial losses and his wife, though angry, did not blame him. From now on though,…
China’s Economy Chief Flying to U.S. After Trump’s U-Turn on ZTE
finance and foreign affairs ministries, as well as the central bank, one of the people said. Both asked not to be identified because the schedule isn’t public. More from Bloomberg.com: Trump in Reversal Says U.S.…
Is Beijing softening its tone towards Hong Kong on major policies?
Reading between the lines is necessary when it comes to Beijing’s narrative on major policies, including those about Hong Kong under “one country, two systems”. Here comes the latest question: is Beijing softening its tone…