The Los Angeles Kings beat the Vancouver Canucks 4-3 in a shootout to win both of the NHL’s first pre-season games in China. Saturday’s game in Beijing caps a push by the league to popularize…
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Kings sweep Canucks in China pre-season series
Ice hockey makes push to help China get its skates on
The Kings won the first of two China exhibitions between the sides 5-2 in Shanghai on Thursday and repeated the feat with a 4-3 shootout win two days later after the Canucks had rallied in…
Property price controls boost financial stability
Visitors check out a property project at a housing fair in Luoyang, Central China’s Henan province. [Photo Provided to China Daily] A number of Chinese cities have extended or rolled out new measures to control…
RPT-Small cities benefit as southern China project takes off
“In China, if you want to invest, you go where the national policies go,” said property agent Zhang Guangzi in Daya Bay, an emerging district in Huizhou. Two years ago, HSBC brought attention to the…
London can play key role in Beijing’s new ‘silk road’, says Bank of China executive
A Bank of China executive has backed the City of London to help manage the risk posed by Beijing’s mammoth infrastructure programme, the belt and road initiative. Sun Yu, general manager of the bank’s London…
Russia and China quietly build business bonds
There has been no shortage of big investment promises each time a Chinese government delegation has visited Moscow in recent years, but concrete deals have often been lacking. So the $9.1bn stumped up by CEFC…
China’s Alibaba bringing online payment platform AliPay to Canada
Ma hosted Trudeau, Foreign Affairs Minister Chrystia Freeland and Canadian business representatives at the company’s campus in Hangzhou, China last September. ( read original story …)
Deloitte China looks to advisory services involving fintech, mergers and acquisitions
Audit income dropped to only about 40 per cent of all business, down from 80 per cent in the early 1990s, Tsang told the South China Morning Post. In contrast, managing consulting and advisory services…
Why China’s outbound investment has swung from feast to famine
China’s initiative to invest in strategic industries globally … Compared to New York, He said Hong Kong’s strength lies in its proximity to where Chinese companies are doing business, relatively lower communication cost and compliance…
Parcel delivery in China, a cutthroat business
SHANGHAI — As e-commerce explodes in China, a fierce price war has broken out among parcel delivery companies, stripping away profit margins and threatening a major industry shakeout. The more consumers prefer to shop online,…
China pollution controls hit iron ore prices
Demand for Australian iron ore is expected to fall sharply as China rolls out anti-pollution measures. The damage is compounded by risk averse investors as North Korean tensions simmer. The benchmark spot price tumbled 12…
Rise of China’s army of ‘personal shoppers’
And while it is often individuals doing the buying and selling, their collective buying force they can literally make or break a business. There is no estimate of the value of the “grey” market from…
China rust belt opens door wider to foreign investors
Elsewhere, companies are increasingly voicing frustration about investment barriers in sectors from automotive to finance, while China subsidises its own domestic businesses. The EU business chamber issued an annual report on Tuesday saying companies were…