The IPO could value the Chinese OEM at $100 million … The float would be the first time the Beijing giant has sold shares to the public. The incredible $100 billion figure would see Xiaomi…
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China-led bank spreads its wings to Africa, South America to bankroll infrastructure projects
The China-led Asian Infrastructure Investment Bank will be spreading its tentacles to South America, Africa and further into the Middle East soon, as it marks the start of its third year in business, its president…
Sunken tanker leaves 13-kilometre oil slick in East China Sea
A Chinese salvage team on Saturday recovered two bodies from the tanker, China’s state news agency Xinhua reported. Another body, presumed to be one of the Sanchi’s sailors, was found on Jan. 8 and taken…
China 2017 non-financial ODI down 29.4 pct y/y to $120.08 bln – media
BEIJING, Jan 16 (Reuters) – China’s non-financial outbound direct investment in 2017 fell 29.4 percent year-on-year to $120.08 billion, the business daily Securities Times newspaper reported on Tuesday, quoting a commerce ministry official. Irrational ……
There Are Finally Blue Skies Over Beijing, But Are They Sustainable?
In Beijing, winter is usually a time of choking air pollution as coal consumption is known to spike during the heating season. But since the end of 2017 there has been a decided improvement in…
China admits to having agents in Canada as former judge harassed in Toronto
The couple’s doorbell rang repeatedly. Ms. Yang got up to see who was there, then roused Mr. Xie, a former Chinese judge who has been the target of a lengthy campaign by authorities in China…
Why Beijing is the best city for enterprising expats
It may have a history stretching back 3,000 years, but Beijing is fast becoming today’s modern ‘it’ city. With amazingly fast internet, access to cutting-edge technology like facial recognition software, significant investment in artificial ……
Can Beijing avoid repelling global investors while tightening grip on China’s tech companies?
Beijing is tightening its grip on China’s technology companies, but Western investors – salivating over big returns from a massive market – remain unfazed by the reality of doing business in this newly politicised sector.…
Till Martin Named General Manager for Hyatt Regency Beijing Wangjing
Mr. Till Martin has been manning the helm as Hyatt Regency Beijing Wangjing’s Opening General Manager since November 2016, bringing with him a rare passion and expertise to the opening of the hotel. Scheduled to…
Beijing’s Night of Fashion
Models take to the runway during the Night of Fashion Beijing event at the Beijing Exhibition Center on Friday. Photo: Courtesy of China Hi-Tech Group Models take to the runway during the Night of Fashion…
Beijing environmental society founded
The turret of the Palace Museum in Beijing is seen in a clear day on Nov 22, 2017. [Photo/IC] The Beijing Energy and Environmental Society was officially founded Saturday in Beijing. The society will pool…
Is China’s position on property market thawing?
As China’s stock market witnessed the longest consecutive rally in over two decades, the property sector emerged as the biggest winner. Property developers’ shares gained more than 2.8 percent on average over reports of impressive…
Mobile link opens window on daily life in isolated village
[Photo by Wang Qin/For China Daily] Great changes have taken place in a land-locked Yi village in Sichuan province thanks to mobile communication. Young villagers give live broadcasts on their lifestyle to earn money and…