Beijing’s second-hand home prices fall for 8 consecutive months by 15 percent, with annual online transaction registration down 50 percent, Beijing News reported Wednesday. The second-hand home prices in Beijing peaked in April and then…
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Beijing completes land supply target for 2017
Beijing met its land supply target for 2017 for residential houses, according to the Beijing Municipal Commission of Urban Planning and Land and Resources Management. In 2017, Beijing supplied a total of 721 hectares of…
Beijing takes major step closer to its mega-airport
Builders have finished the roof work of the main terminal of Beijing’s new airport on the last day of 2017, marking the completion of its exterior work. Over 1,200 workers braved the chilly winter weather…
Beijing Expands Visa-Free Policy for Transiting Travelers
Beijing has joined a host of other popular Chinese cities and regions offering visitors transiting China to a third country the ability to stay and visit for up to 144 hours visa-free, doubling the time…
Beijing to build technology park for developing artificial intelligence
BEIJING — A technology park dedicated to developing artificial intelligence will be built in Beijing in five years, authorities said. The park will be situated in suburban Mentougou district in western Beijing, covering 54.87 hectares,…
Over 90,000 visitors attend flag raising ceremony in Beijing
BEIJING (AFP): The biggest event of the new year in China was the flag-raising ceremony. A group of soldiers from People’s Liberation Army raised the national flag at the heart of Beijing Tian’anmen square on…
Beijing is pursuing a complex strategy to corner natural resources.
With the world’s most resource-hungry economy, China has gone into overdrive to corner natural resources. On the most essential resource, freshwater, it is seeking to become the upstream controller by manipulating trans-boundary flows through dams…
China Seen Raising Money Market Rates Three Times This Year
China’s central bank will make modest increases in money-market rates in 2018 as it aims to keep up the pressure on deleveraging and prevent too much divergence with U.S. policy, according to a Bloomberg survey.…
A Saucy App Knows China’s Taste in News. The Censors Are Worried.
HONG KONG — One of the world’s most valuable start-ups got that way by using artificial intelligence to satisfy Chinese internet users’ voracious appetite for news and entertainment. Every day, its smartphone app feeds 120…
U.S. blocks MoneyGram sale to China’s Ant Financial
(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc over national security concerns, the companies said on Tuesday, the most high-profile Chinese deal to be torpedoed under the administration of…
U.S. Bars Merger of MoneyGram, China’s Ant Financial
An American national-security panel refused to approve a deal for Chinese billionaire Jack Ma’s Ant Financial Services Group to buy MoneyGram International Inc., the companies said Tuesday, in the latest sign the U.S. is tightening…
U.S. shoots down MoneyGram’s sale to China’s Ant Financial
(Reuters) – A U.S. government panel rejected Ant Financial’s acquisition of MoneyGram International Inc (MGI.O) over national security concerns, the companies said on Tuesday, the latest Chinese deal torpedoed under the administration of U.S. President…
China’s Martha Stewart? Meet the woman using feng shui and Kate Middleton’s favourite designer to build a lifestyle business empire in the East
A Beijing-based entrepreneur is taking on All-American lifestyle icon Martha Stewart with a home-grown Chinese app that uses face-scanning technology to suggest high-end products and is the exclusive retailer in China of Kate Middleton’s favourite…
