Beijing, Nov 28 (Prensa Latina) China and France will engage this week in a fifth high-level dialogue on Economy and Finance as part of the visit here of French Minister of the sector, Bruno Le…
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China and France Talk Economy and Finance in Beijing
China Mobile Hong Kong issues warning as fraudsters cheat customers of HK$800,000 by posing as staff
China Mobile Hong Kong, one of the city’s largest mobile network operators, has issued an urgent anti-fraud warning to its customers in wake of a new scam by con artists posing as the company’s employees.…
Eviction of migrant workers in Beijing draws anger
BEIJING – Zhou Xinci left her hometown in China’s struggling rust belt four years ago for Beijing with little more than the clothes on her back and a dream to one day save enough money…
Back to school: China kindergarten weathers child abuse storm
Led by chief executive and founder Shi Yanlai, a vocal proponent for China’s early child education sector, RYB appeared to have hit all the right buttons. “When I heard the news, I was personally shocked…
ZTE bags China Unicom’s IMS project
ZTE has bagged 47 percent of the total share of the bid for China Unicom’s IMS project to serve 18.58 million subscribers. According to the bidding plan, China Unicom selects top 3 vendors of the…
China child abuse scandal: Police accuse parents of making claims up
He said he was furious at the news, but believes those were isolated cases. Past incidents involving RYB kindergartens included two cases in northeastern China, where four teachers were each sentenced to more than two…
Japanese creator of the instant ramen launches Hong Kong IPO, and promises hefty investment to spice up its products
Japanese instant-noodle legend Nissin Foods Holdings – the maker of Cup Noodles and owner of big selling and well-known brands such as Demae Itcho – plans to spin off its China and Hong Kong business…
Yum China Celebrates 30 Years in China, Charts Course for the Future
The Company’s four strategic priorities include maintaining focus on China and investing locally for growth; strengthening the core business through menu innovation, improving stores and a commitment to improve quality and value; investing and maintaining…
China’s economy still facing relatively large downward pressure: banking regulator
BEIJING (Reuters) – China’s economy is still facing relatively large downward risks that may become apparent by early 2018, a senior official of the banking regulator said on Wednesday. Yu Xuejun, head of the China…
China Development Bank Files Insolvency Suit Against RCom
China Development Bank, which lent close to $1.78 billion to Reliance Communications (RCom), has filed an insolvency suit at the National Company Law Tribunal’s (NCLT’s) Mumbai bench after it defaulted on loans. Indian lenders would…
China Development Bank Drags Indian Telco to Bankruptcy Court
With the filing of the insolvency notice, all of the hopes beleaguered Reliance Communications had for an out-of-court settlement have been dashed. No potential buyer has approached the Indian Telco, which owes the China Development…
Chinese State Bank Adds Pressure to Debt-Laden Indian Wireless Carrier
The debt woes of one of India’s leading wireless carriers Reliance Communications Ltd. have deepened this week thanks to an unlikely new source of pressure—a leading state-owned Chinese bank. It emerged late Monday that China…
Chinese business leaders call for more support for PNP businesses
“When we get an application from an entrepreneur, we have a business plan that’s completed … “For example, some of Chinese PNP, they just sell the gifts from China … If you go to Paris…
