“Almost every year I have heard a prediction of the Chinese economy having a hard landing,” Li said at his annual news conference at the end of the annual meeting of China’s parliament. “But I…
BUSINESS
Premier: China won't devalue yuan to boost exports
BEIJING, China – China has no plans to devalue its yuan to boost exports and will keep its exchange rate stable, the country’s top economic official said Wednesday. Premier Li Keqiang’s comments follow heavy spending…
China’s O2O and What It Could Mean for Western Brands
In China, apps have transformed the mobile phone into a virtual remote control for products and services. Consumers there can order and pay digitally for products and services to be delivered. It’s called online-to-offline (O2O),…
Experian looks to capitalize as China opens up credit services market
Q: What do you think of China’s economic growth target at around 6.5% for 2017 amid the sluggish recovery of the global economy recovery? What business opportunities do you see from the services, manufacturing and…
India-China Business Forum to be held in Zhenjiang
BEIJING: An India-China business and investment will be held in China’s Zhenjiang city as part of a week-long event to showcase commercial and cultural aspects of India. The Consulate General of India in Shanghai along…
Ford's Lincoln to make SUVs in China in 2019
Ford Motor, hoping to become a full-fledged rival to foreign luxury brands in a key world market, plans to start making Lincolns in China starting in 2019. Lincoln will “produce an all-new SUV in China”…
How China plans to remain the lip care hub part 2
Due to the popularity of the lip cosmetics in China, we asked Laurie Du, Senior Beauty Analyst, Asia Pacific at Mintel, how the industry intends to retain its position at the top. Premium niche local…
Deal-hungry banks look longingly to China-tech IPOs
Global banks coming off a slow year for initial public offerings are looking to China with hope. Chinese technology start-ups with total valuations estimated in the hundreds of billions of dollars are expected to tap…
China now on 'horizontal growth'
Beijing – The risk of a steep slide in China’s economy has reduced, the head of a government research centre said, adding the country had moved through an “L-shaped” pattern of slowing to now “horizontal”…
Doing Business in China: Intensive Engagement More Effective Than Localization
China continues to attract several foreign investors, with the world’s second-largest economy continuing its growth from strength to strength. However, one prominent Australian diplomat emphasized that doing business in China should take on the form…
China reins in firm’s overseas investment
BEIJING—China struck $225 billion in deals to acquire companies abroad last year, a record-breaking number that signaled to the world that Chinese business leaders were hot to haggle. Now, China—with a worried eye on the…
China Business Operations Support Manager
Common Purpose, Uncommon Opportunity. Everyone at Visa works with one goal in mind – making sure that Visa is the best way to pay and be paid, for everyone everywhere. This is our global vision…
China fines trader $170m
Tang Hanbo was ordered to pay 250.7 million yuan ($36 million) for allegedly manipulating a Shanghai stock, Zhejiang China Commodities City Group Co., the China Securities Regulatory Commission said in a statement on Friday. Tang,…