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China’s booming internet economy gathers pace on rising mobile connectivity and innovation, says report
China’s internet boom is likely to gather pace on the back of the mainland’s widespread mobile connectivity, the ability of China’s biggest internet players to innovate quickly and its massive number of internet users, according…
J.D. Power Asia Pacific’s 2017 China IQS Names GAC Motor the Highest-ranking Chinese Brand for Fifth Consecutive Year
GUANGZHOU, China, Sept. 29, 2017 /PRNewswire/ — GAC Motor, China’s fastest growing automaker, has consolidated its position of dominance in the auto industry by retaining its position as the highest ranking Chinese brand in J.D.…
Chinese ship finance to the fore
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China Unicom: CEO Move Unlikely, Says Jefferies
Local media reports also suggested Liu Lihua, the current vice minister of MIIT, would move the other way and take over at Unicom. Jefferies analyst Edison Lee writes: Movement of officials between the MIIT and…
China sets target for electric car quota but delays rollout
The announcement is the latest step in aggressive plans to make China a leader in electric car technology. Communist leaders see them as a way to clean up China’s smog-choked cities and create a profitable…
China’s bitcoin market alive and well as traders defy crackdown
In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. “They can’t set rules to stop me…
China sets 2019 deadline for automakers to meet green-car sales targets
FILE PHOTO: A Roewe 950 hybrid electric car is displayed with its plug-in charger at an electric car dealership in Shanghai Thomson Reuters By Norihiko Shirouzu and Adam Jourdan BEIJING/SHANGHAI (Reuters) – China has set…
China orders North Korean companies to get out by January
China has given North Korean companies operating in China 120 days to close, including joint ventures with Chinese firms. The decision is a significant toughening of Beijing’s dealings with North Korea, which operates restaurants and…
PM Abe celebrates anniversary of Japan-China ties
and promote the steady improvement and development of their relations,” China’s official Xinhua News Agency reported. China’s national day is Sunday. Beijing welcomed the attendance of Abe, who was accompanied by Foreign Minister Taro Kono.…
Skeletons in China’s Property Closet
Shuli Ren is a Bloomberg Gadfly columnist covering Asian markets. She previously wrote on markets for Barron’s, following a career as an investment banker, and is a CFA charterholder. Chinese developers have been the talk…
Remark Holdings Announces Multimillion-Dollar Artificial Intelligence Contract to Help Companies Fight Intellectual-Property Piracy in China
LAS VEGAS, Sept. 28, 2017 /PRNewswire/ — Remark Holdings, Inc. (MARK), a global digital media technology company, announced that Sefon, a Big Data services company headquartered in Chengdu, China, awarded a multimillion-dollar contract to Remark…
China’s Tamping Down Property Prices As Mortgage Debt Presents Risks
China’s local officials are stepping on the brakes once again in the property market, attempting to keep home prices under control as they continue to move away from fundamentals. A total of eight cities, including…
