China Unicom, the country’s second-largest mobile network operator, is poised to receive a huge windfall worth HK$88 billion (US$11.25 billion) from the mainland government’s first test case under its ambitious mixed-ownership reform scheme for state…
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China Unicom gets funding and stake boost from parent in ‘mixed ownership reform’
Hong Kong-listed China Unicom, whose parent China United Network Communications Group last week announced to sell a 35.2 per cent stake to 14 big companies to raise 78 billion yuan (US$11.6 billion), says the parent…
China’s cat-and-mouse game over capital outflows set to continue
At that time, the renminbi weakened sharply, capital outflows surged and the stock market crashed. In Beijing’s view, financial risk remains paramount still — even though the scary, unvirtuous circle of a weakening renminbi, ever…
China c.bank: Rollover of special treasury bonds won’t affect financial markets
BEIJING, Aug 22 (Reuters) – China’s central bank said on Tuesday that the rollover of special treasury bonds will not affect financial markets and banking sector liquidity. The central bank will buy the special treasury…
Senior Executive at China Minsheng Bank Targeted in Graft Probe
(Beijing) — A senior executive at China’s largest private bank–China Minsheng Bank–has become the latest target of an anti-corruption campaign that has brought down several regulatory officials and executives in the financial sector. Lin Xiaoxuan…
Western brand, Chinese characteristics: Club Med at Guilin
My wife and I were experienced China travellers but Club Med newbies, and we were curious about how the brand would translate there. The country is a relatively new but expanding market for the company,…
Search in China: myth busting SEO on Baidu
China is the world’s largest ecommerce market, making it a popular choice for brands looking to expand into new markets. One of the major differences between China and the western market is that Google doesn’t…
Septwolves snaps up Chinese rights to Karl Lagerfeld brand for $48m
… s Fujian province will acquire an 80 per cent stake in Karl Lagerfeld Greater China Holdings (KLGCK), the owner of permanent rights to distribute the designer’s brand in mainland China, Hong Kong and Taiwan.…
Insight: Engaging China’s Emerging Middle Class
Imported product retailers such as T-mall International have significantly increased the range of foreign brand availability and marketing exposure in China. Over time, middle-class consumers (as well as domestic product brands) have developed a more…
New Balance Wins $1.5 Million in Landmark China Trademark Case
New Balance, though, has sought to take all of them on. Since it started selling shoes in China in 1995, it has fought against dozens of counterfeit manufacturers, battled a rogue supplier who exported its…
China tells prosecutors to get tough on ‘financial ‘crocodiles’ … and make it snappy
Chinese prosecutors have been told to show no mercy to the “financial crocodiles” who threaten economic stability, in the latest sign that Beijing is prepared to use all of its judicial and executive apparatus to…
China Mobile offers new data packages
China Mobile will offer more data and favorable price packages to 20 million users in Shanghai from Friday as it aims to compete with its two rival state-owned carriers. China Mobile’s users in Shanghai will…
China’s Great Wall says it’s watching Fiat Chrysler, but no talks between companies yet
China’s largest sport utility vehicle (SUV) manufacturer made a direct overture to Fiat Chrysler on Monday, with an official saying the company was interested in all or part of FCA, owner of the Jeep and…
