China’s Foreign Ministry on Monday confirmed a decision to allow Philippine fishermen access to a disputed shoal following a visit to Beijing by the Philippine president. Foreign Ministry spokeswoman Hua Chunying said Beijing made “proper…
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China-based Property Developer Zall Group Becomes Controlling Shareholder of Leading Chinese Agricultural E-commerce Platform
US13 billion). As the pioneer of vertical ecommerce in China, SinoAgri E-Commerce has formed a diverse income structure including transactions, trading, finance, storage and logistics, which has been consistently profitable and is now demonstrating rapid…
France, China to set up joint investment fund for overseas projects
CHINA TO OPEN MARKET FURTHER Business groups and Western officials have pointed out that restrictions on foreign companies in Chinese industries, such as financial services, healthcare and logistics, are often far greater than what Chinese…
Investors are betting on poker in China
Kim Kyung-Hoon/Reuters China’s attempt to create a massive domestic sports industry has sent huge waves through sport, media, business, and their intersections, Alibaba’s plan to spend US$100 million to establish rugby in the country just…
Vancouver’s Idea Labs is designed to match Canadian tech startups with China’s hunger for new technology
A young Canadian-Chinese company that concentrates on technology transfer is using a unique business model to match Canadian entrepreneurial startups with the ever-growing hunger in China for new technology. Since 2013, Vancouver’s Istuary Innovations ……
Chinese Banks’ ‘Scramble’ for Profit Sees Bad-Loan Buffers Slide
Two of China’s biggest banks, Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp., are testing their regulator’s tolerance by protecting profits at the expense of bad-loan buffers. ICBC and Construction Bank…
China’s Crown Probe Seen as Warning Shot to Foreign Firms
China’s surprise detention of 18 employees from Australian casino operator Crown Resorts Ltd. is reverberating from Macau to Las Vegas and beyond, with gambling concerns—and some business consultants in general—advising foreign executives to steer ……
Will Alipay Dominate Global Mobile Payments?
PayPal is playing catch-up in mobile transactions. Their positions, however, may soon be challenged by Alipay, China’s largest mobile payment service provider with 450 million users. Alipay, originally created by Alibaba, and now a part…
Important Rating: Does China Unicom (NYSE:CHU) Look Bad? Deutsche Bank Downgrades It
In a a note revealed on Monday morning, equity analysts at Deutsche Bank’s research division lowered China Unicom (NYSE:CHU)‘s stock rating from aBuy to Hold. Out of 7 analysts covering China Unicom (NYSE:CHU), 6 rate…
Rating To Observe: Is China Unicom (NYSE:CHU) a Sell? Deutsche Bank Downgrades It
China Unicom (NYSE:CHU) was decreased by Deutsche Bank from a Buy rating to a Hold rating in a an analyst report revealed on Monday, 24 October. Out of 7 analysts covering China Unicom (NYSE:CHU), 6…
Unicom Hopes on Hold
China Unicom shows the strategy is far from a sure bet. The weakest of the nation’s three mobile-phone operators disclosed on Oct. 10 that it was a candidate for “mixed-ownership” reform, under which private capital…
China Unicom nine-month net profit plunges 81 percent
HONG KONG China Unicom Hong Kong Ltd (0762.HK), the country’s second largest telecom operator, posted a 80.6 percent fall in net profit in the first nine months partly due to high marketing expenses as it…
China Unicom, Baicells develop MEC VR solutions for 5G
China Unicom and Baicells announce Mobile Edge Computing (MEC) Virtual Reality (VR) Solutions for 5G on Artesyn MaxCore Platform Artesyn Embedded Technologies will offer its MaxCore platform to China Unicom Network Technology Research Institute and…
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