Mainland Chinese stores and services are increasingly centered around mobile pay apps like WeChat Pay and Alipay. Chinese mobile payment volume more than doubled to $5 trillion in 2016, according to Analysys data cited by…
Featured Posts Title
U.S. tariffs will hasten, not slow, China’s drive for tech self-sufficiency
Amid Trump tussle with China, state attorneys general target Beijing over fentanyl, TikTok
With China and the US at intense economic odds, other nations are being forced to choose sides
China’s Shenzhou 20 astronauts take control of Tiangong space station (video)
BYD now has the world’s largest car transport ship and it just set sail overseas
Trump’s China tariff deal narrative busted by China? Beijing openly rejects US’ Xi phone call claim
‘Beijing eyes repeal of maritime zones law’
Recent Posts
Cash is already pretty much dead in China as the country lives the future with mobile pay
A report co-authored by a People’s Bank of China researcher says China’s economy is about to hit a wall
China’s economy may soon start feeling some negative payback for stimulus policies that have helped growth to rebound but at the cost of rising corporate debt levels, according to a new paper from the Federal…
China’s central bank could adjust policy again
The People’s Bank of China (PBOC) headquarters in Beijing, China. Photographer: Qilai Shen/Bloomberg China’s central bank could adjust monetary policy again in the coming months, in response to changes in the economy or the shifting…
Quick Take: China’s Weakest Province Will Have Its First Privately Owned Bank
China is trying to leverage private capital to revive the worst-performing provincial-level economy. On Monday, Liaoning Zhenxing Bank Co. Ltd. won approval to operate as the first privately owned bank in the northeastern province, the…
Great Wall, Chery, other Chinese brands push to gain foothold in Europe
On the stand at Borgward, the German brand that was revived through Chinese investment, was the BX7 crossover, already on sale in China and bound for the European market this year, as well as the…
Business-to-Consumer E-commerce in China 2017 Global Market Expected to Grow at CAGR 28.78% and Forecast to 2021
WiseGuyReports.Com Publish a New Market Research Report On -“Business-to-Consumer E-commerce in China 2017 Global Market Expected to Grow at CAGR 28.78% and Forecast to 2021”. The analysts forecast the business-to-consumer e-commerce market in China to…
‘Reasonable, legal and rational’: Legislature’s Finance Committee chief defends plan to change meeting rules
Pro-Beijing lawmaker Chan Kin-por has defended his proposed initiative to curb filibustering at the Legislative Council’s Finance Committee. Chan, who chairs the committee, said he has prepared documents to enact “chairman directives” to cut short…
Rise Education IPO rides on sector frenzy
Four years after investing in Rise Education, private equity firm Bain Capital is looking to partially exit the investment as it kicks off a $154 million US initial public offering of the Chinese private education…
China Unicom Awarded “Best 5G Initiative” RANNYs Award in Partnership with Cavium
Cavium ThunderX® ARM V8.1 workload optimized data center server processors, XPliant® SDN fabric and OCTEON Fusion® baseband SoC implements innovative POD for 5G trials SAN JOSE, Calif., and BEIJING, Oct. 9, 2017 /PRNewswire/ — Cavium™,…
London Finance Show: China ‘another growth opportunity waiting to happen’
Tim Harrison, head of wealth management at Linear Investments, says investors should switch their focus to China if the US starts to slow down. “It looks as though China is starting to gather pace. It…
French fashion group SMCP to price IPO at 20-25 euros/share
“This IPO marks an important milestone in the development of SMCP … Buoyant demand among fast-growing middle classes in countries such as China has boosted this segment. Financial advisors involved in SMCP’s flotation include JP…
French fashion group SMCP prices IPO at 20-25 euros/share
SMCP, majority owned by China’s Shandong Ruyi, said the flotation would raise about 121 million euros ($142 million) in net proceeds. Formal trading of SMCP’s shares is due to begin on Oct. 24. Sandro, Maje…
MBA Entrepreneurs: China’s MBAs Are Launching Disruptive Technology Startups
China is a huge market for tech-savvy entrepreneurs. But breaking into business in China is tough. Knowing the language, the culture, and having a close network of contacts is key. Before business school, Felicia Guo…