Airbnb will rebrand its short-term home rental service in China as “Aibiying” and triple the size of its workforce in the country as it tries to woo a large but complex market for foreign tech…
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Aldi launches in China with flagship store on Tmall
German discount supermarket chain Aldi has launched a flagship digital store in China, marking the brand’s entrance into the market. Aldi unveiled the brand’s first digital store on Alibaba-owned Tmall Global this week with a…
Tencent remains China’s most valuable brand
CHINA – The brand value of the top 100 Chinese brands has increased 6% to $557.1 billion, with Tencent holding on to the top spot, according to Kantar Millward Brown’s BrandZ study. Technology company Tencent…
Myanmar praises China for suspending rebels' bank account
Relations with China have been strained by the ethnic conflicts spilling … via two mobile payment services – Tencent Holdings’ WeChat Pay and Alipay, part of Ant Financial, which is affiliated with U.S.-listed Chinese e-commerce…
China Fights Toilet Paper Theft With Facial-Recognition Technology
BEIJING — A busy public restroom in China has begun deploying high-tech facial recognition technology to wipe out the problem of toilet paper theft. At Temple of Heaven, a popular tourist attraction in Beijing, users…
Exclusive: China's AgBank suspends account being used to crowdfund Myanmar rebels
Banks and financial firms in China, as elsewhere, are required by “know-your-customer” rules to check the identity of people or companies using their systems. Compliance experts said global financial firms typically use a number of…
China’s overseas property dream becomes nightmare
This article first appeared in The Edge Financial Daily, on March 21, 2017. HONG KONG: Middle-class mainlander Laura Zhang found the idea of owning a home overseas irresistible after being bombarded by commercials for an…
China should create a 'level playing field,' Ericsson chairman says
China should provide the same degree of market access to foreign companies as Chinese firms are receiving in other countries, Ericsson’s chairman told CNBC. “It’s obvious that if China is to be part of the…
China is beating America again, this time by investing in pricey Brooklyn real estate
Devotees of hot pot, a fondue-esque specialty from China’s Fujian Province, are lining up at eateries in Sunset Park, Brooklyn’s first Chinatown. In Bensonhurst, the annual Festa di Santa Rosalia remains a testament to the…
China offers tourist packages to disputed South China Sea in a bid to show its authority over the region following threat from US to block access
China has plans to build holiday resorts that the government has compared to the Maldives. On March 3, state-run news agency Xinhua announced that a new cruise ship had embarked on its maiden voyage to…
Criticized for torturing lawyers, China lashes out at Canada and other countries
“China has repeatedly expressed that China is a country under the rule of law and everyone stands equal in front of the law, and no one can rise beyond the law.” On the same day,…
Why the U.S.-China clash trumps Canada’s trade concerns
Focusing on China’s huge trade surplus with the United States, Mr. Trump and his economic team are talking about a wide range of trade and currency measures aimed at curbing Chinese exports and increasing the…
China wants to expand e-commerce trade with Australia
China has declared it wants to level the playing field for Australian and Chinese companies selling products online, on the eve of Chinese Premier Li Keqiang’s arrival to Australia. In a move that surprised the…
