regulators are contemplating new measures that could include detailed scrutiny of purchases outside China and a temporary cap on overseas buying, set at $10-billion (U.S.) for foreign investments, $1-billion for assets outside a company’s core business ... ( read original story ...)
China using AI to censor sensitive topics in online group chats
China appears to have massively upgraded its powerful online censorship apparatus, using it to more severely block sensitive topics in group conversations while allowing freer rein in private chats – a sign, one expert says, of a dramatic leap in the use ... ( read original story ...)
Concur to Expand Business in China
Together with China DataCom Corporation, Concur's expansion in China will help companies with localization, globalization and digital transformation of T&E processes BEIJING, Dec. 1, 2016 /CNW/ -- Concur, an SAP (NYSE: SAP) company and the world's leading ... ( read original story ...)
Why China’s New Cybersecurity Law Is Bad News for Business
China’s new cybersecurity law, expected to take effect next June, could hurt any foreign firm looking to do business in the world’s second-largest economy. Though the law is intended to fight non-Chinese and Chinese hackers, it also requires that ... ( read original story ...)
Asian markets higher after China factory data
SEOUL, Korea, Republic Of - Asian stock markets moved mostly higher on Thursday as upbeat factory data from China boosted investor sentiment. KEEPING SCORE: Japan's Nikkei 225 jumped 2.3 per cent to 18,727.25 while South Korea's Kospi was nearly flat at ... ( read original story ...)
China introduces 10% extra tax on 'super cars'
China has introduced an additional 10% tax on "super cars", including Ferrari, Bentley, Aston Martin and Rolls-Royce. The tax, affecting cars that cost more than 1.3m yuan ($189,000; £151,024), is aimed at curbing lavish spending and reducing emissions ... ( read original story ...)
China stocks rebound on stronger factory growth
Shanghai - China stocks rose on Thursday after an official survey showed manufacturing activity expanded at its strongest pace in more than two years, while surging oil prices boosted shares of energy companies. The blue-chip CSI300 index rose 0.8 percent ... ( read original story ...)
China's manufacturing sector hasn't looked this good in over 2 years
China manufacturing PMI Business Insider Australia According to the China’s National Bureau of Statistics (NBS), the improvement was yet again driven by larger manufacturing firms whose PMI jumped 0.9 points to 53.4. Activity levels for medium-sized ... ( read original story ...)
China's Business-Unfriendly Cybersecurity Stance
China's parliament earlier this month passed a law aimed at addressing the country's concerns about hacking and terrorism, which has spiked concerns among foreign businesses and human rights advocates. One interpretation of the new law is that it only ... ( read original story ...)
Businessmen call on EU to treat China as a market economy
According to Wang, Chinese business people regret that the European Union has not dropped its "surrogate country" approach－a way that some countries use to calculate the normal value of export products from "non-market economies" like China. Under this ... ( read original story ...)