As travel retail dries up completely in Hong Kong, taking up a stake in Shenzhen Duty Free is a big move to safeguard DFS’s future. ( read original story …)
Monthly Archives For August 2020
China: fourth Canadian citizen given death penalty over drugs charges
Ye Jianhui sentenced to death on Friday in Guangdong, as relations between Canada and China have deteriorated … ( read original story …)
U.S. businesses in China face uncertainty as White House bans WeChat
As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to their … (…
TikTok, Beijing say Trump’s ban ignores facts, harms U.S.-China relations
The Chinese government and video-sharing platform TikTok slammed U.S. President Donald Trump on Friday after he signed an executive order barring the social app from doing business with firms in the … ( read original…
China Threatens a Bold Grab for Japanese Territory This Month. Who’s Next? | Opinion
The Senkaku islands are little more than a string of large rocks—but they could provoke history’s next great conflict. ( read original story …)
China International Fair for Trade in Services scheduled to be held in Beijing next month
The 2020 China International Fair for Trade in Services (CIFTIS) will kick off in September at the China National Convention Center in Beijing. At present, posters and banners have been set up at the ……
Why Tencent and WeChat Are Such a Big Deal in China
Tencent Holdings Ltd., one of Asia’s biggest companies, is little known beyond the tech world. But its WeChat super app has more than 1 billion users worldwide. What started in 1998 when a small group…
Mainland developer Sunac China proposes to spin off property services arm and list it in Hong Kong
Sunac China will own at least 50 per cent stake in Sunac Services Holdings after the spin off and listing, according to IPO application. ( read original story …)
China exports jump 7.2% in July, driven by rising demand for medical supplies, despite tensions with the US
China’s strong data came even as Donald Trump “lobbed another tech grenade in his cold war with Beijing.” … ( read original story …)
China opposed to U.S. action to block Chinese apps
Foreign Ministry spokesman Wang Wenbin told reporters at a daily briefing on Thursday (August 6) that China urged the United States to “correct its mistakes”. The Trump administration said on … ( read original story…
Pro-China Populists Consolidate Power in Sri Lanka
The Rajapaksa family cemented its grip on Sri Lanka in parliamentary elections, according to results released Friday, gaining enough seats to push through constitutional changes increasing executive … ( read original story …)
Tigermed roars in its Hong Kong stock trading debut, as Asia’s largest health care IPO of 2020 draws traders to its clinical trials
It plans to use much of the US$1.38 billion raised to expand overseas, amid the huge surge in clinical trials for products related to potential vaccines and treatments for the coronavirus. ( read original story…
China Sentences a Fourth Canadian Citizen to Death on Drug Charges
Ye Jianhui was sentenced Friday by the Foshan Municipal Intermediate Court in the southern province of Guangdong … ( read original story …)