Then someone shows you a list of the top ten best-selling vehicles in China. And you scratch your head. Most of the brands and model names look like something from another planet. Here are China’s…
BUSINESS
China SAIC Motor's profit up 4 percent, sales growth slows on tax rollback
Overall sales in the Chinese auto market, the world’s largest, rose 7 percent in the first quarter of 2017 compared to a year ago, according to the China Association of Automobile Manufacturers. That outpaced CAAM’s…
China envoy reaffirms importance of Canada-China free-trade talks
China’s envoy to Ottawa says bilateral negotiations between Canada and the Asian power are taking on a new importance amid tough talk from the United States on North American free trade. Speaking before an audience…
China, Hong Kong drive insurer AIA Group's new business in first quarter
AIA Group Ltd (1299.HK), the world’s third-largest life insurer by market value, posted a 55 percent rise in its new business in the first quarter, helped by a surge in sales in China and Hong…
China to cut red tape for better business environment
China has decided to further cut red tape by integrating separate business licenses to improve the business environment and stimulate market vitality. All certificates related to business registration will continue to be sorted and merged…
Canadian companies seek growth in China: survey
In particular, almost three quarters of respondents to the Canada China Business Survey indicated they plan to expand their operations in China, 49 percent indicating the planned expansions as substantial, and 24 percent as slight.…
China flags global naval role after new carrier launch
Chinese Foreign Minister Wang Yi said Chinese business and citizens had spread all around the world, with millions of people living overseas and nearly 30,000 Chinese-funded businesses registered in other countries. “Under this new environment,…
New Balance Court Ruling in China Is Rare Win Against Piracy
The case offers a high-profile example of how doing business in China can feel like a Wild West shootout. For years, foreign brands have been battling low-quality manufacturers that churn out cheap copies of everything…
China has 836 million 4G users: Ministry
BEIJING — China had a total of 836 million 4G network users as of the end of March, up from 770 million three months ago, figures from the Ministry of Industry and Information Technology (MIIT)…
China revises mapping law to bolster territorial claims
Laws include placing management of foreign non-governmental organizations under the security ministry and a cybersecurity law requiring that businesses store important business data in China among others. Overseas critics say that these laws give the…
China’s Business Registration Process to Become Easier, Cheaper Following October Digitalization
Companies that would like to setup in China will benefit from a more efficient corporate registration process by the end of October this year. The State Administration for Industry and Commerce (SAIC) released an opinion…
China's Didi to raise up to $6 billion, values firm at $50 billion: sources
Didi Chuxing declined to comment. The last valuation for Didi was $34 billion in August when it agreed to acquire Uber Technology Inc’s China business following a drawn-out rivalry between the two firms. The deal…
China just launched its first domestically built aircraft carrier
China’s first domestically built aircraft carrier seen at its launching ceremony in Dalian, China, on Wednesday. REUTERS/Stringer BEIJING — China has launched its first domestically designed and built aircraft carrier, state media said Wednesday, as…