At a news conference, the Chinese and Bulgarian prime ministers offered assurances that the 16-plus-1 bloc does not aim to divide Europe. Li sought to allay European worries that China poses a challen… ( read…
Monthly Archives For November 2018
How cheap labour drives China’s AI ambitions
Some of the most critical work in advancing China’s technology goals takes place in a former cement factory in the middle of the country’s heartland, far from the aspiring Silicon Valleys of Beijing a… (…
China works to look open to foreign business as G-20 summit nears
BEIJING—In its latest move to show it’s open for foreign businesses ahead of a summit with President Trump and other Western leaders, China paved a way for German insurer Allianz SE. With a meeting of…
It’s official: China’s E-commerce king is a communist
China’s most famous capitalist is a Communist … even though a 2015 reference can be found on the website of a business group in Alibaba’s home province of Zhejiang. “There has been speculation befor… (…
Beijing Suffers Bad Air as China Prioritizes Growth
Output curbs may have eased as economic pressure grows: ABCI Beijing’s air quality was the worst in 18 months on Monday, a possible result of more flexible emissions curbs for the winter. The economic ……
Alibaba’s ‘Innovation Center’ Gives Brands an Edge in China
Stinky tofu is beloved in China, but stinky breath? Not so much. Studies show that as China’s middle class continues to grow in wealth, so does its pursuit of better health – including oral care.…
Chinese brands in medical rehabilitation coming
Currently, there is a gap between China and other countries in the medical rehabilitation industry. China needs to bring about innovative breakthroughs and have its own medical rehabilitation brands.” ( read original story …)
China’s financial holding companies to face tougher supervision
BEIJING – Senior managers of China’s financial firms have called for stricter supervision of financial holding companies to grant more support to China’s real economy and private businesses in … ( read original story …)
Dolce&Gabbana fiasco shows importance, risks of China market
“Without China, the hinterland for growth, D&G will obviously be in a weak competitive position and in danger of being eliminated,” the Chinese business magazine New Fortune said in a social media pos… ( read…
28 Interesting Facts About Beijing
1. In 2010, the U.S. Embassy in Beijing began tweeting daily air quality data for its employees. Chinese citizens took notice, exposing under-reporting of pollution by the Chinese government. This out… ( read original story…
In China’s hinterland, car market growth engine sputters
PINGDINGSHAN, China (Reuters) – When Cao Jun, 40, an engineer from the central Chinese city of Pingdingshan, takes his old, grey MG 3 car to be serviced he always steals a few moments to pop…
China banks pose lower global risk after curbs on shadow banking
A crackdown on China’s Rmb62.9tn ($9tn) shadow banking industry is easing concerns about the potential systemic risk of the country’s banks to the global financial sector. The Basel-based Financial St… ( read original story …)
China Is Building a $9 Billion Rival to the American-Run GPS
(Bloomberg) — China is taking its rivalry with the U.S. to the heavens, spending at least $9 billion to build a celestial navigation system and cut its dependence on the American-owned GPS amid heigh… (…
