In 2022, Beijing will co-host the Winter Olympics and become the … The third precondition rests on successful media deals to finance the games. In 1984, the Los Angeles Olympics sought to make the games…
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China Unicom reform in full swing
Marketing professional Wu Xiaoen, 28, had never imagined that working with a State-owned enterprise such as China United Network Communications Group Co Ltd or China Unicom, the country’s second-largest telecom carrier by subscribers, would entail…
Beijing-Tianjin-Hebei cluster to see organized development
In the first three quarters in 2017, the service sector accounted for 82 percent of Beijing’s total GDP during the period, during which finance, information and technology industries together accounted for more than 50 percent…
China Biologic Reports Financial Results for the Fourth Quarter and Fiscal Year 2017
— 4Q17 Total Sales Up 12.2% YoY and Non-GAAP Adjusted Net Income Down 6.8% YoY in RMB terms, or Total Sales Up 16.1% YoY to $90.1 Million and Net Income Down 226.8% YoY to a…
Beijing takes over Anbang Insurance Group in unprecedented move
But Beijing’s clampdown on risky financial practices since 2016 crippled its fund-raising. “It is a serious problem. There may now be a flood of redemptions coming through,” said Peking University economics professor Christopher Balding. (…
China banned the letter N from the internet after people used it to attack Xi Jinping’s plan to rule forever
China censored the letter N from its internet for at least a day. The ban came as China cracked down on online discussion over the Chinese Communist Party’s proposal to scrap presidential term limits. Abolishing…
Cameroon captain Moukandjo joins Chinese side Beijing Renhe on loan
Benjamin Moukandjo captained Cameroon to Africa Cup of Nations success in Gabon in 2017. Cameroon captain Benjamin Moukandjo has joined Chinese Super League club Beijing Renhe on a season-long loan from rivals Jiangsu Suning. The…
China Unicom launches edge cloud field trials with ZTE, Intel
At the 2018 Barcelona Mobile World Congress, China Unicom, in partnership with ZTE and Intel, has officially launched its edge cloud field trials, and released the China Unicom Edge Service Platform Architecture and Industry Ecosystem…
China considers merger of insurance and banking watchdogs, sources say
China is considering plans to merge its banking and insurance watchdogs to bring more order to a fragmented regulatory system and to heed President Xi Jinping’s calls to reduce financial risk. Sources with knowledge of…
iQiyi: ‘China’s Netflix’ to list on US stock market
In China, it competes with fellow streaming platforms Youku Tudou … though revenue jumped by 55% to 17.4bn yuan. Baidu, which founded the business as Qiyi before later changing its name to iQiyi, is itself…
Rob Blain: What Awaits the Chinese Property Industry
Given this backdrop, the continuation of the relatively low interest rate environment will not exert strong pressure on property yields. China’s pursuit of deleveraging is expected to create opportunities for non-bank lenders. Chinese developers face…
Baidu’s video unit iQiyi files for US IPO of up to $1.5 billion
iQiyi, a unit of Baidu, filed for a $1.5 billion IPO. The Chinese company is known for its Netflix-like services. The Beijing-based company has posted losses since its inception in 2010. Chinese video streaming service…
Artprice’s Annual Report on the Global Art Market in 2017: A Genuine Alternative to Financial Markets, with China in First Place
Our 20th Global Art Market Annual Report is once again the fruit of an alliance between Artprice, world leader in Art Market information, founded and directed by thierry Ehrmann, and Artron, its powerful Chinese institutional…
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