Images of three revered Chinese deity statues went viral on social media after they were seen travelling in business class on a flight from China’s port city of Xiamen to the Malaysian capital Kuala Lumpur.…
BUSINESS
China’s services sector loses steam in June: Caixin PMI
BEIJING, July 5 China’s services sector grew at a slower pace in June as new orders slumped, signaling renewed pressure on businesses after a pickup in May and pointing to a softening outlook for the…
A ‘Flying Leap’ in Chinese branding
While China now boasts 15 of the top 100 most valuable brands in the world, as judged by Millward Brown and WPP, most of that strength is domestic. In Interbrand’s ranking of truly global brands…
China’s restraint two decades ago heralded new economic order
When the financial crisis swept across Asia in the late 1990s, China took a decision that provided a crucial firewall. As currencies and stock markets around the region collapsed, the government in Beijing held the…
Rosneft says may sell stake in retail business to China’s CEFC
MOSCOW, July 4 Russia’s Rosneft and China Energy Company Limited (CEFC) have signed a strategic cooperation agreement, under which the Chinese private company may acquire a stake in the Russian oil company’s retail business, Rosneft…
China accuses Indian Army of ‘betrayal’ on Sikkim issue
The verbal spat between China and India on Monday escalated as Beijing accused the Indian Army’s action to stop Chinese troops from constructing a road in an area near Sikkim is a “betrayal” of the…
Tencent’s online publisher files for Hong Kong IPO seen worth $800 million
China Literature has a business akin to Amazon.com Inc’s Kindle … Fundraising by tech firms in Hong Kong accounted for an average 2.5 percent of all IPOs since the global financial crisis in 2008, Thomson…
Brands turn to China’s digital influencers to fuel sales
Gogoboi spent a month wearing outfits matching Pokémon characters. Yao Chen — China’s answer to Angelina Jolie — hangs out with refugees. Papi Jiang swears way too much. Meet China’s key opinion leaders (KOLs). Like…
MSCI: China’s capital controls, trading halts are foreigners’ worries
China’s restrictions on capital repatriation and large number of stock trading suspensions are foreign investors’ primary concerns, which could impede further global integration of the nation’s US$7 trillion stock market, according to index compiler ……
China’s sportswear retailers eye kid’s segment for faster growth
China’s major sportswear retailers are being upgraded by investment banks on expectations of rising profits driven by sales growth in the children’s segment. “The kids segment has been the engine for top-line growth for domestic…
Brisk trade marks launch of China, Hong Kong bond connect scheme
China and Hong Kong launched a long-awaited “Bond Connect” scheme on Monday that links China’s $9-trillion bond market with overseas investors, the latest step in Beijing’s efforts to liberalise and strengthen the country’s capital markets.…
China accused India of violating a border agreement the British signed back in 1890
Indian Prime Minister Narendra Modi (L) and Chinese President Xi Jinping arrive for a photo opportunity ahead of BRICS (Brazil, Russia, India, China and South Africa) Summit in Benaulim, in the western state of Goa,…
Xi says China-Russia economic, trade cooperation boasts great potential
BEIJING — Chinese President Xi Jinping said Monday that China-Russia economic and trade cooperation … space by facilitating investment and trade, and by increasing business opportunities and movement of technology and capital, among others, to…
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