HONG KONG, Aug 28 (Reuters) – China Evergrande Group , the country’s second-largest property developer by sales, posted on Tuesday the industry’s highest-ever first-half profit, helped by lower expens… ( read original story …)
Monthly Archives For August 2018
Three tonnes of mouldy cash show why China is taking action against Huarong’s debt burden
On a spring morning on a Tuesday in mid-April, Lai Xiaomin was invited to attend a meeting by China’s newly merged banking and insurance regulator on Finance Street in the nation’s capital. As soon as…
Nissan latest automaker to target China with electric vehicles
… Nissan’s first electric sedan designed for China began production Monday at the start of a wave of dozens of planned lower-cost electrics being created by global automakers for their biggest marke… ( read original…
A New Story of Success in Retail is Being Written in China – Here’s Why
While retail reels, China offers brands insight on how to evolve. In recent months, bankruptcy has claimed some of history’s beloved retail brands. Yes, there were many contributing factors to their d… ( read original…
China’s Liaoning aircraft carrier gets brand new command centre
China’s only aircraft carrier in service is undergoing its first major revamp since it was commissioned in 2012, giving it a brand new “island” command centre. Pictures circulating on the internet sho… ( read original…
How Chinese tea-drink brand Heytea saves millions in marketing costs thanks to its millennial customers
The mushrooming of such innovative tea-drink brands across China in recent years has greatly changed people’s perceptions about a product that traditionally was consumed by the older generation. In 20… ( read original story …)
China’s African swine fever outbreak could cross borders, UN warns
BEIJING – An outbreak of African swine fever in China could jump the border to neighbouring countries … consumption of pork products is also high,” the Rome-based FAO said in a news release. African ……
China defends ‘New Silk Road’ against debt complaints
“People’s livelihoods and economic development have been boosted,” Ning said at a news conference. “No ‘debt trap’ has been … Japan and India worry Beijing is trying to build a China-centred structu… ( read original…
China police arrest two men for online remarks about Didi victim
China pledged on Monday to tighten oversight of its transport … and Shouqi were also called into some of the meetings held in cities like Guiyang, online news platform The Paper reported. ( read original…
U.S. says China’s steel wheels subsidized, will impose duties on imports
WASHINGTON (Reuters) – The U.S. Commerce Department said on Monday it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from 58.75 p… ( read original…
Top Japanese official: China tech success aided by totalitarianism
A high ranking Japanese government official credited China’s rapid ascent in the technology sector to its totalitarian nature that lets it disregard consumer welfare considerations like privacy. ADVER… ( read original story …)
China banking sector’s assets up 7.5%
A teller counts banknotes at an outlet of Harbin Bank. [Photo by Yu Kun/China News Service] BEIJING – Chinese banks held 254.3 trillion yuan ($37 trillion) in assets as of the end of July, according…
China claims ‘great breakthroughs’ with rocket technology that could give it an edge in a high altitude fight
China has reportedly been working on electromagnetic launchers for rocket artillery. That kind of launch could make rockets more effective at high altitudes — such as in the Himalayas or on the Tibeta… ( read…
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