China is exploring a merger between two of the nation’s three wireless carriers to speed up the development of 5G mobile services amid a race with the U.S. over the technology, according to people fam……
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China shares recover as central bank yuan support lifts investor mood
Mainland Chinese stock markets rose on Tuesday after the central bank acted to bolster the yuan currency, giving sentiment a boost amid a series of issues that have left many investors unsettled. At t… (…
Luxury fashion and the US-China trade war: are US brands still primed for rapid growth, or will European rivals benefit?
The trade war between China and the United States has made some Chinese consumers think negatively about America. Yet US luxury brands in China, from Ralph Lauren to Tiffany, are in a position of stre……
China explores merger of carriers China Unicom, China Telecom: Bloomberg
The merger, if it went ahead, would see state-controlled China Unicom merged with China Telecom, creating a combined carrier with a market capitalization of over $70 billion. The new firm would … ( read original…
Influencer Marketing in 2018: What Luxury Brands in China Need to Know
Age, it seems, plays a vital role in the effectiveness of celebrity endorsements in China, according to a new report released on August 27 by the New York-based data intelligence firm Gartner L2 title… (…
A Slice of Snails? Sluggish Demand Mires Pizza Hut, KFC in China
China’s once voracious appetite for American fast food is waning as consumers are lured away by emerging domestic chains and food-delivery apps. Two years after owner Yum Brands Inc. YUM 1.39% spun of… ( read…
China’s top brewer sets sights overseas with premium Snow brand
HONG KONG — China Resources Beer is leveraging the marketing network of Heineken for an urgent campaign to develop foreign sales, as the state-run brewer confronts the threats of a shrinking … ( read original…
China says it is helping Africa develop, not pile up debt
China is not their main creditor,” China’s special envoy for Africa, Xu Jinghu, told a news conference. “It’s senseless and baseless to shift the blame onto China for debt problems.” ( read original story …)
China lures chip talent from Taiwan with fat salaries, perks
The engineer joined a growing band of senior Taiwan professionals working in China’s booming and fast-developing semiconductor industry. Attracting such talent from Taiwan has become a key part … ( read original story …)
Is China’s $26 Trillion New Silk Road A Debt Trap?
Xi said China’s trade with Belt and Road countries … controlling stake of Port of Hambantota to a Chinese state-owned finance firm after it almost defaulted on a $1.5 billion loan from Beijing. ( read…
China pledges $60bn for Africa as Xi rejects ‘debt trap’ claims
At the start of the three-day triennial Forum on China-Africa Co-operation in Beijing, Mr Xi said China would not finance “vanity projects” but would concentrate on commercially viable, sustainable an… ( read original story …)
China says ‘no way’ to United’s workaround Taiwan reference, U.S., Beijing
An attempt by United Airlines to duck the sticky issue of Taiwan has invited rebuke from China’s foreign ministry. After China told global carriers earlier this year to tweak their websites and list t… (…
China’s Xi offers another $60 billion to Africa, but says no to ‘vanity’ projects
“Western media deliberately portray Africans in misery for collaborating with China and they appear to have discovered big news by finding occasional complaints in the African media about Sino-Africa … ( read original story …)