Fosun Tourism and Culture Group has been a key profit growth business for Fosun, China’s largest conglomerate. Assets under the company’s tourism unit include French resort operator Club Med and a Chinese joint venture with…
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China cracks down on foreign companies calling Taiwan, other parts of China countries
apps and customer-related information and “strictly comply with China’s laws and regulations to prevent a similar thing from happening”. In a statement, Delta apologized for making “an inadvertent error with no business or political intention…
Bank Indonesia opens Beijing office
Bank Indonesia has opened a representative office in Beijing following an agreement between the Indonesian central bank and the People’s Bank of China. The agreement document was signed by Bank Indonesia Governor Agus Martowardojo and…
Bank Indonesia to Open Beijing Office to Boost Links With China
The Undoing Of Price Waterhouse In The Satyam Scam Case Mumbai To Get More Space To Build Homes Iran: Why This Time Is Different, And What’s Next Trump Serves Pakistan Notice, Enter China? Bajaj Vs…
China-Led Investment Bank Set For First U.S. Dollar Bond Sale
the Beijing-based bank’s treasurer. Depending on investors’ appetite, the maturity of the bonds will be between three and five years, Elbech said, adding that the bank expects demand to be strong. He added that the…
Fake news or intentional leak: is China halting US Treasury purchases?
In reality, Yao said Beijing did not have much of a choice but to continue … AXA Investment Managers Asia ING Bank Greater China economist Iris Pang said it would be no surprise if China…
China’s Lufax plans Hong Kong IPO in April at US$60 billion valuation: sources
Lufax, one of China’s major online wealth management platforms, plans to launch an initial public offering in April in Hong Kong, which could value the firm at about US$60 billion in what could be the…
China Neck and Neck With Silicon Valley In Showcasing Auto Tech at CES
After years of predictions that Chinese technology companies were coming to America … the latest developments in consumer electronics– more than a third are from China, according to statistics provided by the organizer. That’s more…
China Is Hoovering Up a Lot of the World’s Tech Talent
Copious VC funding and generous government support are tempting Chinese nationals and foreign students to work or learn in China. Homeward bound … aging schemes,” YC president Sam Altman told MIT Technology Review. Why longevity?…
China’s banks stand to earn US$63b in revenue by 2020 from financial inclusion, says EY
In Asia-Pacific, that boost to bank revenue is estimated at US$88 billion, with China leading the pack, followed by Thailand at US$8.5 billion, and Vietnam at US$5 billion. “Financial inclusion isn’t merely a corporate responsibility…
The world’s top 10 mobile operators hold three-quarters of the cellular IoT market
The 10-leading global mobile operator groups have a combined cellular internet of things (IoT) market share of 76 per cent, with a combined total of 407m cellular IoT connections at the end of H1 2017.…
China’s trade boom hits speed bump as import growth slows sharply
China’s exports and imports growth slowed in December after surging in the previous month, adding to signs of ebbing economic momentum as the government extends a crackdown on financial risks and factory pollution. A synchronized…
Does money loaned through China’s development finance institutions actually help countries develop?
There is an emerging consensus that China is now a major player, maybe the major player, in global development finance. Recent studies have inspired headlines such as “China and US ‘neck and neck’ in foreign…
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