Based on an advantage in technology and service quality, some foreign companies have successfully sold and scaled their products in China. State Grid, a Chinese state-owned enterprise and the largest utility company in the world,…
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Trump breaks ice with China’s Xi in letter seeking ‘constructive’ ties
“President Trump stated that he looks forward to working with President Xi to develop a constructive relationship that benefits both the United States and China,” it said. China said on Thursday it attached great importance…
Latest type of biological therapy, monoclonal antibodies, tipped as having huge potential in China
Deutsche Bank analysts expect to see substantial growth opportunities in China’s monoclonal antibodies (mAbs) market in the coming five years, naming 3SBio and Shanghai Fosun Pharmaceutical as among the first-movers in the sector. Monoclonal antibodies…
Barrick sale of Super Pit stake to China buyer stalls: sources
Barrick Gold Corp.’s plan to sell its stake in the Kalgoorlie Super Pit mine to a Chinese bidder has stalled, as the buyer faces delays securing financing for the $1.3-billion deal, people with knowledge of…
China to further reduce business charges
China’s State Council on Wednesday decided to further reduce and standardize business charges to lower the corporate burden in the real economy. [File photo/Xinhua] China’s State Council on Wednesday decided to further reduce and standardize…
China to further reduce business charges to lessen corporate burden
China’s State Council on Wednesday decided to further reduce and standardize business charges to lower the corporate burden in the real economy. The move is a key part of the drive to streamline administration and…
China's service trade deficit growth slows in 2016
BEIJING – China’s service trade deficit grew more slowly in 2016, as more Chinese people traveled overseas. The service trade deficit stood at $242 billion at the end of 2016, up 33 percent year on…
Open Sesame: China Announces Further Opening of the Economy
Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region.…
China's changing debt risks drive up bond futures volumes
SHANGHAI: Trading volumes in China’s typically sleepy bond futures market have exploded in recent months as investors seek to hedge the growing risks of rising interest rates and a volatile debt sector. Turnover of five-…
Germany's SAP sees opportunities for SME business
[Photo/VCG] German software company SAP SE will focus on small and medium-sized clients to grow its cloud business in China this year, after it posted its best-ever financial year in the region in 2016. SAP’s…
Trump breaks ice with China in letter to Xi
Chinese foreign ministry spokesman Lu Kang said his country attached great importance to the letter, Reuters news agency reports … Beijing on sensitive issues such as Taiwan and the South China Sea. He angered China…
Drunken man accused of setting fire to fireworks shop in China
Police in China have released security camera footage showing a man believed to be drunk, allegedly intentionally setting fire to a fireworks store. According to CCTV, the 45-year-old man had been drinking when he went…
China central bank warns bitcoin exchanges that violations could mean closure
SHANGHAI China’s central bank said on Thursday it met with nine of the country’s smaller bitcoin exchanges to discuss risks and problems in the bitcoin market, and warned them that they risk closure should they…