China is taking a hard line on soft cheese … CEO of Shanghai-based Cheese Republic. His business, which sells imported cheeses online, warned customers of the ban in a message shared Thursday on Chinese messaging…
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China’s old growth model keeps slowdown at bay
BEIJING (Reuters) – China’s economy continues to defy expectations for a slowdown, buoyed by strong global demand for its exports and a resilient property market – despite a government pledge to crack down on rising…
China raises yuan rate to 16-month high as dollar sags
China raised the exchange rate for the yuan against the US dollar for the 10th consecutive session on Friday, pushing the unit to its highest level in 16 months. The People’s Bank of China (PBOC)…
China to loan Guinea $20 bln in exchange for minerals
CONAKRY (Reuters) – China agreed on Wednesday to loan Guinea $20 billion over almost 20 years in exchange for mineral concessions focused mainly on bauxite, an ore of aluminium which the West African country has…
Chinese online insurer ZhongAn wins HK approval for $1 billion IPO: sources
The IPO would be the biggest by a financial technology company … Tencent Chairman Pony Ma and Ping An Insurance Group Co of China Ltd (2318.HK) Chairman Ma Mingzhe. Its major shareholders include two of…
China Unicom (Hong Kong) Ltd (CHU) Stock Rating Upgraded by Zacks Investment Research
Complete the form below to receive the latest headlines and analysts’ recommendationsfor China Unicom (Hong Kong) Ltd with our free daily email newsletter: According to Zacks, “China Unicom Limited is engaged in the provision of…
Apple crushes Samsung in China as iPhone attracts twice the loyalty in upgrades over domestic brands
Young smartphone buyers in China are preferring to buy low-priced domestic brands over phones from Samsung, but the loyalty rate in buying another Oppo or Vivo phone is half that of buyers getting another iPhone—which…
Exports to China called vital for US
according to a report released on Wednesday by the US-China Business Council. The report was released at a time of serious concern about bilateral trade after the United States announced two weeks ago a Section…
China’s live streaming platforms raise over $1.5b in H1
China’s online live streaming platforms raised more than 10 billion yuan ($1.5b) in the first half of this year, with most of the financing flowing into top players, according to a report by 21st Century…
China’s got some distance to cover
Although China’s presence in the Asian scheme of things is growing, it’s still far from being the power it wants to be Is it the grand visionary scheme of the century that will transform Asia?…
Spectrum Brands is expanding into China
Rayovac hearing aid batteries, STP motor oil and George Foreman grills will soon be sold in China. Spectrum Brands Holdings, the Middleton consumer products company that markets those products and many others, says it has…
Why China can’t get enough of QR codes
Business cards, bikes and bills Beyond payments, the codes are now used for all sorts of services in China, like exchanging business cards and renting bikes. Chinese authorities are also getting on board. In Hangzhou,…
China is clamping down on predatory ‘financial crocodiles’
Photo: Justin Sullivan/ Getty Images. In nature, crocodiles are apex predators. They sit at the top of the food chain. As adults, they’re not preyed upon by any other species in the wild. China’s “financial…
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