President of the U.S.-China Business Council (USCBC) told Xinhua in a recent interview. Bilateral trade surged from 2.5 billion U.S. dollars in 1979 to 519.6 billion dollars in 2016, an increase of 211 times, data…
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110 Japanese firms went bankrupt in China last year: Report
BEIJING: About 110 Japanese firms went bankrupt in China last year, a research report said, highlighting challenges in doing business in the world’s second largest economy. A new report by Tokyo Shoko Research showed that…
China's auto sales slow sharply in January
A visitor and his child try out a new car at an auto show in Wuhan, Hubei province. [Photo/Xinhua] BEIJING – The growth of auto sales in China slowed sharply in January, affected by holidays…
China FX regulator surveying Shanghai firms
SAFE is also looking at the operations of US-invested firms in China, including their business models and whether those firms will move production to other countries or divest from China. ( read original story …)
Recent Trump win on China trademark raises ethics questions
Trump’s late triumph in the fight to wrest back his brand for construction services could prove to be the first of many intellectual property victories in China during his presidency. Each win creates value for…
Here are China's top businesswomen, according to Forbes
Dong Mingzhu,president of GreePhoto: YouTube screengrab Lucy Peng, or Peng Lei, chair of Ant Finance, ranked at third, was one of three people to make the list from Alibaba Group and its affiliates. Here’s a…
Globe editorial: When it comes to stopping North Korea, China holds the key
A North Korean émigré, Hyeonseo Lee, the author of a new book called The Girl with Seven Names, has rightly said in an interview with the Financial Times that “China has all the keys right…
China Fails to Cut Steel Output
A study commissioned by Greenpeace has found out that China massively expanded its steelmaking capacities last year, despite pledging to cut output amid a steel glut that has led to a global crisis in the…
China Focus: Inflation quickens on firming economy, monetary policy in focus
For China’s economy as a whole, the PPI data offered a broad positive as rising prices could boost corporate profits and help contain financial risks. Tuesday’s data also showed the consumer price index (CPI) grew…
China to avoid bank shock, reach high income: Morgan Stanley
Hong Kong: China will likely avoid a financial crisis and is on track to reach high income status by 2027, according to a new Morgan Stanley report on the nation’s longer-term prospects titled “Why we…
China's obsession with skyscrapers reaches new heights
As an example, China’s financial conglomerate Ping An last month completed the 600-metre, 115-storey Ping An International Finance Centre in Shenzhen’s central business district, which surpassed One World Trade Center in New York City to…
Estée Lauder praised for digital achievements in China
So much so, that it has been rewarded for its efforts as two of its brands have joined the list of China’s top 10 beauty brands. L2, an intelligence provider, compiled performance data through its…
China Mobile to invest $200 million in Pakistan
ISLAMABAD, Pakistan: China Mobile Communications Corporation (CMCC), the world’s largest telecom carrier by subscribers, will invest US$200 million in Pakistan this year to expand its presence, `China Daily’ reported. The Beijing-based company will … (…
