The red-hot property bull run seen across China’s smaller cities may be tiring out, as government curbs intended to tame runaway prices rattle the housing sector, one of the economy’s most important d… ( read…
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China’s property bull run in smaller cities may be tiring out as curbs to tame home prices bite
JingChi.ai, Guangdong Unicom to co-built 5G innovation lab based on L4 self-driving tech
Shanghai (Gasgoo)-Chinese autonomous driving startup JingChi.ai and Guangdong Unicom, a subsidiary of China Unicom, announced on Sept. 26 the strategic partnership on 5G networks and applications. Bot… ( read original story …)
China moves towards ending testing of cosmetics on animals – good news for cruelty-free brands
It has been little more than a year since French cosmetics firm NARS’ controversial decision to sell its make-up in China caused a major rift in the global cruelty-free beauty scene. Fans of the brand…
Trade pact clause seen deterring China trade deal with Canada, Mexico
WASHINGTON (Reuters) – China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims … ( read…
China mobile e-commerce users overview in H1 2018
The number of mobile e-commerce users in China totaled 473 million in 2017, an increase of 13.2%. It is expected to reach 512 million by the end of 2018. Tencent social ads were the top…
Beijing critical of U.S. military operation in the South China Sea
The U.S. Navy has deployed a destroyer to sail close to the Spratly Islands, an area in the South China Sea claimed by Beijing. The move prompted a furious response from Beijing, ratcheting up ……
Beijing demands apology after UK Conservative Party kicked out a Chinese journalist who slapped a party volunteer
Beijing is demanding that the British Conservative party apologise for kicking out a Chinese journalist who slapped a volunteer at a conference. Kong Linlin, a reporter for the state-run China Global … ( read original…
China Mobile (CHL) Shares Rose While Lazard Asset Management LLC Has Upped Position by $124.67 Million
Lazard Asset Management Llc increased its stake in China Mobile (CHL) by 13.63% based on its latest 2018Q2 regulatory filing with the SEC. Lazard Asset Management Llc bought 2.83M shares as the compan… ( read…
China banking system outlook stable for next 12-18 months: Moody’s
BEIJING, Oct. 1 (Xinhua) — The Chinese banking system will have a stable outlook over the next 12 to 18 months amid a steady operating environment, according to a report released by credit rating age……
World Bank finances rural road project in east China
BEIJING, Oct. 2 (Xinhua) — The World Bank has decided to lend 200 million U.S. dollars to a transport project in east China to improve the maintenance and management of rural roads. The project will…
Tennis-Del Potro Powers Past Ramos-Vinolas in Beijing Opener
(Reuters) – U.S. Open finalist Juan Martin del Potro swatted aside Spain’s Albert Ramos-Vinolas 7-5 6-2 on Tuesday to reach the China Open second round. Del Potro, playing his first match since losing … (…
China says security dialogue postponed at U.S. request
SHANGHAI (Reuters) – China has postponed upcoming security talks with the United States at the request of Washington, a Chinese foreign ministry spokeswoman said on Tuesday, amid rising tensions … ( read original story …)
Bank savings growth in China drops to record low
“Bank savings? No, I don’t have any,” a woman who is almost 30 and works in the financial circle, told The Beijing News. She added, “I don’t think about keeping a bank deposit, as the…