A Chinese clerk counts US dollar banknotes at a bank in Huaibei city, East China’s Anhui province. [Photo/VCG] China’s forex reserves dropped to $2.9982 trillion in January, lower than market expectations of $3.0035 trillion, the…
Posts By admin
Chinese beauty brands up digital investment, report says
The L2 report uses its specific worldwide standard to analyse the capabilities and achievements of 98 beauty brands in China. It analyses various key segments within the sectors including skin care, colour cosmetics and fragrance…
China moves to revitalize “time-honored brands”
BEIJING, Feb. 7 (Xinhua) — China will increase policy support for its century-old traditional brands as many of them are struggling amid a rapidly changing domestic market. The Ministry of Commerce (MOC) and 15 other…
The Most Anticipated Chinese Fintech IPOs of 2017
Greater China’s IPO market is set to continue to lead the way in 2017 fueled by listings of fintech giants including Ant Financial and Lufax, according to a report by CNBC. In 2016, Greater China…
China Mobile (Hong Kong) Ltd. (CHL) Stake Maintained by Mackenzie Financial Corp
Mackenzie Financial Corp continued to hold its position in China Mobile (Hong Kong) Ltd. (NYSE:CHL) during the third quarter, according to its most recent filing with the SEC. The firm owned 163,721 shares of the…
China proposes further tightening of internet oversight
Overseas critics of the law say it threatens to shut foreign technology companies out of various sectors, and includes contentious requirements for security reviews and for data to be stored on servers in China. New…
China is spending $168 million on weather-controlling technology
China is spending $168 million on a program that is aimed to alter weather and make it rain in certain regions. The process is called cloud seeding. Follow Tech Insider: On Facebook ( read original…
China Mobile to invest $200m in Pak
LAHORE : The China Mobile Pakistan (Zong) has announced another $200 million investment in Pakistan at its Annual Business Conference. The company has reaffirmed its commitment of adding more investment in Pakistan in the coming…
China’s ICBC overtakes Wells Fargo as world’s most valuable bank brand, says survey
The Industrial and Commercial Bank of China has for the first time surpassed Wells Fargo to become the world’s most valuable banking brand, helping China itself become the No 1 country in terms of aggregate…
China’s Bank Brand Values Exceeds American Banks for First Time, says Report
The success of the Chinese banks and ICBC in particular comes at the expense of Wells Fargo, which has lost its position as the world’s most valuable banking brand. For the first time ever, the…
L’Oreal launches women empowerment fund to celebrate 20 years in China
As 2017 is the 20th anniversary of the French-based cosmetics company arrival in the key APAC nation, we take a look at how L’Oreal is evolving to remain popular and retain brand loyalty. L’Oreal entered…
Domestic brands lead way in Q4 smartphone shipments
Logos of OPPO, Vivo, Huawei and Apple along a street in Dongguan, South China’s Guangdong Province Photo: CFP Market shares of major smartphone manufacturers in the fourth quarter of 2016 China’s smartphone shipments surged in…
China's first jetliner to fly
After years of delays, China’s first large homemade passenger jetliner will take to the air for its maiden flight in the first half of this year, state media reported Monday. State-owned aircraft maker Commercial Aircraft…