This policy will be a strong driver for the tourism and aviation industry throughout the Beijing-Tianjin-Hebei Region. Air China Limited (“Air China”) will actively facilitate the new visa-free transit policy. Putting the needs of connecting…
BUSINESS
China’s drinking habits are changing, and that’s a big opportunity for beverage makers
Corona and Stella Artois, classified as “super premium” brands by the company, have recorded double-digit growth since they were launched in 2014, CEO Carlos Brito told CNBC recently. China’s first brewery was founded in Harbin…
Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi
HONG KONG (Reuters) – Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp…
China Erects Brand New Statue to Honor Trump’s Incredible Year as President
While many liberals spew the idea that President Donald Trump has diminished the United States’ standing abroad, one Chinese commercial area has taken a major step toward honoring Trump’s memorable first year in office. (…
China Dinnerware Retailer Serves Up Highest Rating from TopConsumerReviews.com
However, finding that perfect design by a quality manufacturer can be difficult at best when shopping at brick-and-mortar stores, who often carry a limited selection of brands and patterns. For this reason, many shoppers looking…
Japan’s Nomura poised to start China retail brokerage business: CEO
TOKYO (Reuters) – Nomura Holdings Inc is ready to serve wealthy Chinese as soon as the world’s second-largest economy allows foreign financial institutions to open securities brokerages, the chief executive of Japan’s biggest brokerage and…
Automotive – Beijing’s Electric Vehicle push aims for a global Chinese auto brand
But while mainland producers may lead the industry by number of new vehicles sold, China has yet to develop a car brand that rivals the cachet of Audi, BMV, Mercedes, or even some General Motors…
Cash is dead as small businesses opt for e-payment in China’s digitalisation drive
By June this year, China’s third-party payment market according to consultancy … For restaurant owner Lin, there is a need to further digitalise his business. “The apps collected a big amount of data through the…
A command and control structure that works only in China
It seems that China’s leaders have now forsaken Deng Xiaoping’s advice to tao guang yang hui (“keep a low profile”). In declaring a “new era” for China during October’s 19th National Congress in Beijing, President…
Huawei’s China smartphone sales chief detained for suspected bribe-taking
“We take our business ethics extremely seriously, and have zero tolerance for corrupt behaviour.” It gave no further comment. In an internal memo to staff, however, Huawei said Teng Hongfei, the Greater China sales head…
China’s Geely takes $3.3-billion stake in Swedish truck maker Volvo
AB Volvo owns 45 per cent of Dongfeng Commercial Vehicles, one of China’s largest truck makers, and also has a significant construction equipment business in China. The value of the investment amounted to around 27.2…
China extends tax rebate on hybrid and electric cars
China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional…
China is still struggling to build a global fashion brand – not that producing a worldwide label matters
One of the most talked-about events at London Fashion Week in September was the opening of the first boutique of Huishan Zhang, a Chinese designer based there. Located on Mount Street, the same address as…
