Two technicians inspect a high-speed train’s wheels at a maintenance shed in Nanjing, East China’s Jiangsu province. [Photo provided to China Daily] A research report released recently by UBS recognized the innovation development of China…
BUSINESS
China’s topsy-turvy bridge actually has three bridges woven into one
That’s the philosophy behind the Lucky Knot bridge in Changsha, China, which was designed by Next Architects … a partner at the firm, tells Business Insider. The steel bridge in Changsha’s newly redeveloped city center…
US guided-missile destroyer again checks Beijing in the South China Sea
Petty Officer 2nd Class James R. Evans, US Navy WASHINGTON (Reuters) – A U.S. Navy destroyer sailed near islands claimed by China in the South China Sea on Tuesday, three U.S. officials told Reuters, even…
China could shatter petrodollar by compelling Saudi Arabia to trade oil in yuan
Veteran investor Jim Rogers told RT last month that countries are getting more concerned about trading in dollars, because “if the US gets angry at you, they just set enormous pressure on you that can…
It’s Complicated: U.S. Business Stance on China Over Intellectual Property Theft
U.S. businesses and trade groups are split over how forcefully to crack down on China over intellectual property theft, with some arguing the country is making progress on its own in enforcing protections and urging…
Big brands drive change in China’s manufacturing hub
In just a few days I, along with EDF+Business’ Xixi Chen, will be traveling across China to talk with companies and students about corporate energy management. The trip comes one week after China’s “Golden Week”—the…
China to issue first dollar bonds since 2004, in Hong Kong
China’s Ministry of Finance has revealed plans to sell US … Chinese corporates have undertaken business expansion globally, which require dollar-denominated funding in recent years. But companies which choose to raise funds through the Asian…
BMW eyes China joint venture with Great Wall: source
“Our business development with the joint venture BMW Brilliance Automotive will continue as planned, and we will carry on to invest and develop our joint venture.” A Great Wall official declined to comment. BMW’s China…
China’s Communist Party makes final preparations for key congress
BEIJING (Reuters) – China’s Communist Party opened a meeting on Wednesday to make final preparations for a key party congress later this month, state media said, a five-yearly event where President Xi Jinping is expected…
Hong Kong regulator expands IPO probe to 15 banks and securities firms
UBS and Standard Chartered are being sued by the SFC for their roles in the 2009 IPO offering of China Forestry Holdings, which was suspended in 2011 and is being liquidated. Standard Chartered closed its…
Chinese youngsters’ favorite streaming site Bilibili plans for IPO
Baidu’s iQIYI, often known as the “Netflix of China”, is also reportedly filling for an IPO in the U.S., according to Bloomberg. No major video streaming sites in China have turned a profit yet. When…
Bonpoint CEO Marie-Sabine Leclercq on How a Small Luxury Brand Makes It in China
When Bonpoint CEO Marie-Sabine Leclercq visits China on behalf of the company—there are 16 of the French luxury childrenswear shops on the mainland—she notices one key difference in the women there compared with women in…
Founder of China micro-lender set to become billionaire with IPO
Surging valuations for Chinese fintech startups are about to turn micro-lending tycoon Min Luo into the country’s latest IPO billionaire. Luo, 34, founder and chief executive officer of online loan provider Qudian, owns about a…
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