On Monday, the State Council, China’s cabinet, also indicated plans to accelerate the issuance of 1.4 trillion yuan (US$207 billion) in special bonds by local governments to underwrite investment in i… ( read original story…
Monthly Archives For July 2018
China’s debt threat: time to rein in the spending boom
China’s financial system has all these features. Among other things, China has a shadow banking sector, though a study by the Bank for International Settlements argues that “securitisation and market- … ( read original story…
China crisis: Foreign food brands forced to innovate to avoid losing share in tough market
As a trade war between Washington and Beijing gathers steam, some of the best known foreign food and beverage brands have been finding themselves on the back foot in their own battles in China. The…
Online fame makes niche brands popular
In recent years, the majority of international makeup brands’ sales have come from Chinese e-commerce websites such as Tmall and JD. [Photo by Niu Jing/For China Daily] Smaller overseas cosmetic brand… ( read original story…
China’s $9 Billion Plan to Boost 5G Undermined By Trade War
State-controlled China Tower Corp., which operates almost 99 percent of the country’s wireless towers and charges its three carriers leasing fees, is preparing to raise as much as $8.7 billion in a Ho… ( read…
Move Over Millennials: Why Brands Should Stop Ignoring China’s Silver Generation
Everyone knows the fastest growing group in China is the millennial demographic, right? Think again. The “silver generation” is actually the fastest-growing group in China, and seniors—a demographic t… ( read original story …)
Facebook opens subsidiary in China after being locked out of the country for years
A notice published on China’s National Enterprise Credit Information Publicity System listed the company as Facebook Technology (Hangzhou) Co., Ltd and noted that it is wholly owned by Facebook Hong K… ( read original story…
Facebook gets a toehold in China after being locked out of the country for years
Neither materialized. Oculus, Facebook’s virtual reality company, has a Shanghai office, and the company is interested in China for its growing hardware ambitions. ( read original story …)
Facebook, Trying to Move Forward in China, Registers a Chinese Subsidiary
SHANGHAI — After a decade of effort in which Facebook’s progress at courting China often seemed to stall, the social network finally gained an official status in the country — at least temporarily. Fa… (…
Xiongan calls in ConsenSys to bring blockchain technology to Xi Jinping’s dream city
“As one of our first major projects in the People’s Republic of China, we are excited to help define the many ‘use cases’ that could benefit from the trust infrastructure enabled by ethereum technolog… (…
China waging ‘cold war’ in its bid to become the world’s dominant power, CIA expert warns
Marcel Lettre, former undersecretary of defence for intelligence, said China was also pursuing advances in cyber, artificial intelligence, engineering and technology, counter-space, anti-satellite cap… ( read original story …)
Facebook sets up subsidiary in China: filing
BEIJING (Reuters) – Facebook has set up a subsidiary in China with registered capital of $30 million … The subsidiary’s operations will include network information technology development and related … ( read original story …)
China props up domestic growth in light of trade worries, economic slowdown
The People’s Bank of China injected some $74 billion worth of medium-term lending facility loans into its banking system overnight, in a move considered to be the start of a new phase for China. The…
