China has introduced an additional 10% tax on “super cars”, including Ferrari, Bentley, Aston Martin and Rolls-Royce. The tax, affecting cars that cost more than 1.3m yuan ($189,000; £151,024), is aimed at curbing lavish spending…
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China stocks rebound on stronger factory growth
Shanghai – China stocks rose on Thursday after an official survey showed manufacturing activity expanded at its strongest pace in more than two years, while surging oil prices boosted shares of energy companies. The blue-chip…
China Mobile outlines 5G timeline
China Mobile, the world’s largest mobile operator with 850 million subscribers, outlined its 5G deployment schedule at a meeting of the IMT-2020 5G Promotion Group, with an initial focus on the sub-6GHz band. The operator…
China mobile app market insights for Q3 2016
The number of monthly active users (“MAU”) of China’s mobile internet market has reached 1 billion as of September 2016 according to QuestMobile, among which Android and iOS exceeded 700 and 280 million respectively. iPhone…
China manufacturing heats up in November, inflation pressure builds
BEIJING (Reuters) – Activity in China’s manufacturing sector grew more than expected in November, expanding at its strongest pace in more than two years, as the world’s second-largest economy picks up momentum heading into what…
Culture, creativity and finance join forces in Beijing
The fifth China Cultural and Financial Innovation Summit introduced the top 50 creative companies in Beijing worth investing in to prospective investors and banks. The fifth China Cultural and Financial Innovation Summit, held on Oct…
China's manufacturing sector hasn't looked this good in over 2 years
China manufacturing PMI Business Insider Australia According to the China’s National Bureau of Statistics (NBS), the improvement was yet again driven by larger manufacturing firms whose PMI jumped 0.9 points to 53.4. Activity levels for…
China's Business-Unfriendly Cybersecurity Stance
China’s parliament earlier this month passed a law aimed at addressing the country’s concerns about hacking and terrorism, which has spiked concerns among foreign businesses and human rights advocates. One interpretation of the new law…
Businessmen call on EU to treat China as a market economy
According to Wang, Chinese business people regret that the European Union has not dropped its “surrogate country” approach－a way that some countries use to calculate the normal value of export products from “non-market economies” like…
China says it wants smooth military ties with Trump
“China is willing to work hard together with the defense department of the next U.S. government to promote the healthy and stable development of military-to-military relations,” Yang told a monthly news briefing. Trump will take…
Why Continental Resources, China Unicom, and Wayfair Jumped Today
Continental Resources soared 23% on a strong day for the energy sector in general. Crude oil prices soared almost $4 per barrel to $49 after the OPEC cartel made a deal to make production cuts…
Chinese Police Is Cracking Down on Financial Crime
China‘s police body has set up five specialist units to deal with financial crime, including securities fraud, which is becoming increasingly professionalized, the official Xinhua news agency reported late on Tuesday. The new units, jointly…
Softwood lumber dispute with U.S. sees B.C. turn to China, India
VICTORIA – The prospect of a reignited trade dispute with the United States over Canadian softwood lumber exports has British Columbia looking for new customers in China and India. Mike de Jong, B.C.’s minister of…
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