summary of the top news in Chinese business and technology for October 9, 2017. Part of the daily SupChina newsletter, a convenient package of China’s business, political, and cultural news delivered to your inbox for…
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FTA with China continues to hurt Pakistan’s economy: Traders
ISLAMABAD: Islamabad Chamber of Small Traders on Monday said FTA with China has inflicted heavy losses on Pakistan’s economy, hence it should be reviewed and balanced immediately. Many industrial units and SMEs have closed as…
What India’s hi-tech capital can learn from China
Nearly every week in Bangalore, I am invited to business meetings with Chinese visitors – most of whom work in Hangzhou’s e-commerce sector. The Chinese city is the home of Alibaba and the e-commence giant…
Asia’s Longest-Serving Strongman Shows Power of China’s Cash (2)
“China can give Hun Sen money but not legitimacy,” Mu Sochua … the University of New South Wales who also provides political analysis for companies doing business in Southeast Asia. “Chinese investments and businesses are…
China’s Google Checks 3 Billion ‘Fake News’ Claims Every Year
China’s biggest search engine, Baidu Inc., checks out 3 billion claims of fake news every year and works closely with government agencies to tackle an issue it calls a global challenge. The spread of rumors…
China’s AI Awakening
If this country-wide effort succeeds—and there are many signs it will—China could emerge as a leading force in AI, improving the productivity of its industries and helping it become leader in creating new businesses that…
Accelerating fintech in China
Joshua Bateman is based in Greater China and covers finance, entrepreneurship, technology, consumption trends, agriculture, gaming, sports and art. More posts by this contributor: Banking the unbanked in emerging markets Fintech is stimulating Chinese ……
China’s Bumper Golden Week Is Leaving Investors Flat
China’s Golden Week is leaving investors flat as figures from home sales to Macau casino revenue disappoint. Chinese property developers slumped in Hong Kong after the Economic Information Daily said new home sales tumbled in…
Micro-Lending Tycoon Set to Become China’s Latest IPO Billionaire
In the first half of 2017, the Beijing-based business was China’s leading provider … The Qudian offering follows the IPO for ZhongAn Online P&C Insurance Co., a consumer insurer selling policies that protect everything from…
Here’s What Went Down During Jimmy Butler’s Jordan Brand China Tour
Jimmy Butler recently visited the Far East for his Jordan Brand China tour. During his time there, Jimmy visited the Jordan 139 Nandong store for a photoshoot as well as to surprise his fans onsite…
Industrial Bank set ups inclusive finance department to bolster small business lending
Beijing has been eager to steer lending and financial services from big companies to smaller business and underprivileged consumers as part of a broader aim to shore up the economy. The People’s Bank of China…
Chinese Consumer Credit Provider Qudian Aims For $769 Million IPO
Management is saying next to nothing about its plans for the IPO proceeds. Listed managers of the IPO include Morgan Stanley, Credit Suisse, Citigroup, China International Capital, UBS Security, Stifel, Nicolaus and Needham & Company.…
Tencent unit plans IPO
If it gets the green light, the firm, also known as Yuewen Group, and China’s largest online publisher and e-book company, will arrange pre-marketing of its IPO next week.Tencent said last Friday that its shareholders…
