The measures are aimed at rebooting the South Korean firm’s branding in China, where many see Hyundai as a lower-end maker of city taxis. Hyundai and its affiliate Kia Motors were not long ago ranked…
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Hyundai plots China branding reboot after missile row
India leads globally in adoption of biometric technology: Report
The report was compiled from research representing views of 12,019 people from 11 countries and territories — Canada, China, France, Germany, Hong Kong, India, Mexico, Singapore, the United Arab Emirates, UK and the USA. The…
China’s banking sector is facing new headwinds as asset growth cools
For the past few years, Chinese banks boosted their assets at a rapid clip, mainly by disguising loans as investments. But as the expansion has slowed considerably in recent months, industry insiders are beginning to…
The Next Global Financial Crisis: A Chinese Sovereign Debt Default?
Moody’s recent downgrading of China’s sovereign debt rating triggered waves of reaction in both financial markets and policy circles. But like many other rating adjustments it looks more like a lagging, rather than a leading,…
China honors scientists ahead of sci-tech workers’ day
China honored a number of scientists and scientific groups Saturday ahead of the nation’s first science and technology workers’ day, which will fall on May 30. Liu Yunshan, a member of the Standing Committee of…
Safe Sex: Chinese buy condom business as savvy youth spur demand
… it had reached an all-cash deal with China’s Humanwell Healthcare Group Co Ltd and CITIC Capital China Partners for its condoms business. Humanwell declined to comment on its strategy for the Chinese and other…
Business, Beijing style: China ready for deal-making with Trump
While Donald Trump is denigrated in much of the West, the Chinese leadership has taken a distinctly different outlook: it now sees Trump as a transactional, deal-making pragmatist with whom it can do business. The…
Trump just checked Beijing in the South China Sea for the first time — and it’s a risky bet
CSIS/AMTI/DigitalGlobe/Amanda Macias/Business Insider But when a country makes excessive, unlawful maritime claims, as an international court ruled China has done in the South China Sea, the US sends a Navy ship, usually a destroyer, to…
China takes steps to prevent civil servants from using posts for personal gain
BEIJING Chinese civil servants will face new restrictions when changing jobs as authorities move to prevent them from using official posts to make personal profit, the official Xinhua news agency reported … As of the…
China unhappy with G7 on South China Sea
China is “strongly dissatisfied” with the mention of the East and South China Sea issues in a Group of Seven statement, and the G7 allies should stop making irresponsible remarks, a Chinese foreign ministry spokesman…
Beijing Bling-Hyundai Plots China Branding Reboot After Missile Row
SEOUL/BEIJING — Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai Motor will open its first Chinese brand store, and may locally assemble its premium Genesis cars and accelerate…
China “strongly dissatisfied” with G7 statement on East, South China Seas
China is “strongly dissatisfied” with the mention of the East and South China Sea issues in a Group of Seven (G7) statement, and the G7 allies should stop making irresponsible remarks, a Chinese foreign ministry…
China’s Xi says need to move to greener economic growth: state media
China’s air, water and soil pollution need to be tackled, he added, according to the official Xinhua news agency. Xi said the country’s rapid economic growth had caused many environmental problems, according to Xinhua. “Under…
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