Another day, another soft brand entering the hotel orbit — but this one puts a major bet on independent, luxury hotel owners.
Monthly Archives For November 2021
Didi Falls as China Asks Ride-Hailing Firm to Delist From US
ADRs of Didi Global (NYSE:DIDI) plunged more than 7% in Friday’s premarket trading as authorities in China asked the ride-hailing firm to delist from the NYSE because of security fears. The …
MVRDV Completes Transformation of Former Factory in Shenzhen into Creative Hub with a Public Green Roof
MVRDV has recently completed the Idea Factory, transforming a disused factory into a creative hub with an important community-oriented focus.
Tesla to expand capacity at China plant
Tesla plans to expand capacity at its Shanghai car plant, allowing it to increase staff numbers at the site by about a third and boosting production in the world’s largest electric car market, …
Japan seeks extra defense budget amid China, N Korea concern
Japan’s Cabinet on Friday approved a 770 billion yen ($6.8 billion) request for an extra defense budget through March to expedite the purchase of missiles, anti-submarine rockets and other weapons …
China steps up pressure on tech with draft online ad rules
China’s market regulator proposed new rules on Friday that would increase online advertising oversight, including stipulating that adverts should not affect normal internet use or mislead users.
China central bank allows set-up of credit scoring venture backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms. The new venture …
Fitch Affirms Bank of China’s Long-Term IDR at ‘A’; Outlook Stable
Fitch Ratings has affirmed Bank of China Limited’s (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR …
China c.bank allows set-up of credit scoring venture backed by Ant, state firms
China’s central bank said on Friday it had accepted the application to set up a personal credit-scoring joint venture backed by Alibaba’s fintech affiliate Ant Group and other firms.
Why Paytm’s IPO flopped
We look at why Paytm’s IPO flopped and explore what the media company behind SGag is doing with its fresh funds.
2021 PHBS-CJBS Global Pitch Competition Final Held in Shenzhen
The Grand Final of the 2021 PHBS-CJBS Global Pitch Competition was held on November 12 in Shenzhen, China. As one of the key events of the “2021 National Mass Innovation and Entrepreneurship Week & …
China’s Food Delivery Giant Meituan Posts Third-Quarter Loss
Chinese food delivery giant Meituan reported a fourth consecutive quarterly loss on Friday, as it plowed more investment into expanding its various businesses. Tencent-backed Meituan, whose services …
Vietnam scrap import market in lull amid poor downstream steel sales, Covid-19 pandemic
The Vietnam import ferrous scrap market was muted in the week to Friday November 26, with participants reporting thin interest for imported materials due to poor downstream steel sales and the ongoing …
