BEIJING: A delay on restrictive e-commerce regulations in China has boosted the fortunes of Australian health and nutritional brands that rely on the country's booming online market. The new regulations, which were announced in April last year and would ... ( read original story ...)
China's property giants launch green index
China's real estate and construction sector accounts for 8 ... "We talk about the supply chain, we talk about global brands. Where are the Chinese brands? We continue to get this question from global brands. Today, we can say - Chinese brands have arrived ... ( read original story ...)
Airbnb adopts new brand name Aibiying in China
Airbnb will rebrand its short-term home rental service in China as “Aibiying” and triple the size of its workforce in the country as it tries to woo a large but complex market for foreign tech companies. Aibiying translates as ‘welcome each other ... ( read original story ...)
Aldi launches in China with flagship store on Tmall
German discount supermarket chain Aldi has launched a flagship digital store in China, marking the brand’s entrance into the market. Aldi unveiled the brand’s first digital store on Alibaba-owned Tmall Global this week with a soft launch. The brand ... ( read original story ...)
Tencent remains China’s most valuable brand
CHINA – The brand value of the top 100 Chinese brands has increased 6% to $557.1 billion, with Tencent holding on to the top spot, according to Kantar Millward Brown’s BrandZ study. Technology company Tencent grew 29% to $106bn thanks to the popularity ... ( read original story ...)
Myanmar praises China for suspending rebels' bank account
Relations with China have been strained by the ethnic conflicts spilling ... via two mobile payment services - Tencent Holdings' WeChat Pay and Alipay, part of Ant Financial, which is affiliated with U.S.-listed Chinese e-commerce giant Alibaba. ( read original story ...)
China Fights Toilet Paper Theft With Facial-Recognition Technology
BEIJING — A busy public restroom in China has begun deploying high-tech facial recognition technology to wipe out the problem of toilet paper theft. At Temple of Heaven, a popular tourist attraction in Beijing, users must stand for three seconds in front ... ( read original story ...)
Exclusive: China's AgBank suspends account being used to crowdfund Myanmar rebels
Banks and financial firms in China, as elsewhere, are required by "know-your-customer" rules to check the identity of people or companies using their systems. Compliance experts said global financial firms typically use a number of automated tools to ... ( read original story ...)
China’s overseas property dream becomes nightmare
This article first appeared in The Edge Financial Daily, on March 21, 2017. HONG KONG: Middle-class mainlander Laura Zhang found the idea of owning a home overseas irresistible after being bombarded by commercials for an affordable project “near ... ( read original story ...)
China should create a 'level playing field,' Ericsson chairman says
China should provide the same degree of market access to foreign companies as Chinese firms are receiving in other countries, Ericsson's chairman told CNBC. "It's obvious that if China is to be part of the overall global economy and be able to take its ... ( read original story ...)