“Without China, the hinterland for growth, D&G will obviously be in a weak competitive position and in danger of being eliminated,” the Chinese business magazine New Fortune said in a social media pos… ( read…
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Recent Posts
Dolce&Gabbana fiasco shows importance, risks of China market
28 Interesting Facts About Beijing
1. In 2010, the U.S. Embassy in Beijing began tweeting daily air quality data for its employees. Chinese citizens took notice, exposing under-reporting of pollution by the Chinese government. This out… ( read original story…
In China’s hinterland, car market growth engine sputters
PINGDINGSHAN, China (Reuters) – When Cao Jun, 40, an engineer from the central Chinese city of Pingdingshan, takes his old, grey MG 3 car to be serviced he always steals a few moments to pop…
China banks pose lower global risk after curbs on shadow banking
A crackdown on China’s Rmb62.9tn ($9tn) shadow banking industry is easing concerns about the potential systemic risk of the country’s banks to the global financial sector. The Basel-based Financial St… ( read original story …)
China Is Building a $9 Billion Rival to the American-Run GPS
(Bloomberg) — China is taking its rivalry with the U.S. to the heavens, spending at least $9 billion to build a celestial navigation system and cut its dependence on the American-owned GPS amid heigh… (…
China’s property barons fulfilled ordinary families’ dreams – and became fabulously wealthy
Even as e-commerce and other hi-tech innovations have cranked out a new generation of billionaires, property moguls are still among China’s ultra rich, including one long-time survivor and nimble expe… ( read original story …)
Regulator steadily opens financial sector
Since the beginning of the year, the regulator has made a series of opening-up efforts. [Photo/VCG] China further opened its financial sector to foreign investors, with the banking and insurance regul… ( read original story…
How Cheap Labor Drives China’s A.I. Ambitions
In China, long the world’s factory floor … when many migrant workers come home. Unlike workers and business around the world, Mr. Yi isn’t worried that A.I. will take his job. “The machines aren’t s……
One of China’s Richest Women Transfers $7 Billion Stake in Property Giant
One of China’s richest women is transferring a piece of her property empire to a trust linked to her daughter. A discretionary trust set up by Longfor Group Holding Ltd.’s chair, Wu Yajun, 54, will…
Dolce & Gabbana fiasco shows importance, risks of China market
“Without China, the hinterland for growth, D&G will obviously be in a weak competitive position and in danger of being eliminated,” the Chinese business magazine New Fortune said in a social media pos… ( read…
DealBook Special: China Means Business
The Chinese economy has grown so fast for so long it is easy to forget how unlikely its metamorphosis into a global powerhouse was, and how much of its ascent was improvised and born of…
Beijing seeks to build ties with Taiwanese cities after ruling party suffers election defeat
Beijing said on Sunday it would welcome more cooperation between Taiwan’s cities and prefectures and the mainland after the island’s independence-leaning ruling party suffered a local election reverse … ( read original story …)
China grants market access to two more foreign financial institutions: regulator
SHANGHAI (Reuters) – China has given the go-ahead for two more foreign financial institutions to set up local subsidiaries, the country’s banking and insurance regulator said in a notice on Sunday, br… ( read original…
