BEIJING (Reuters) – Property investment by Chinese companies plunged in January as authorities tightened restrictions on capital outflows to support the ailing yuan currency and ease pressure on the country’s foreign exchange reserves. Investment by…
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China should choose ‘right timing and strength’ for monetary easing, state media says
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China’s massive naval ships that experts say could be used for possible Taiwan invasion spotted in new photos
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China's overseas property purchases, investments slump as capital controls bite
China’s weapons and military technology reaching ‘near-parity’ with the West, study finds
China is beginning to export its own weapon designs, including armed drones, worldwide and is reaching “near-parity” with the West in terms of military technology, according to a report on Tuesday. The International Institute for…
China to regulate carfentanil, seen as 'substantial step' in curbing opioid exports
Dealers cut fentanyls into heroin and other drugs to boost profit margins. Beijing already regulates fentanyl and 18 related compounds. China said it is also placing carfentanil’s less-potent cousins furanyl fentanyl, acryl fentanyl and valeryl…
Hong Kong lags behind Singapore in mobile payments, says Visa
Mobile and electronic payment services in Hong Kong are catching up quickly but still lag behind mainland China and Singapore, according to industry players. Payment network provider Visa has seen its contactless payment solution, which…
China Mobile first to cloudify HK core network
Huawei helped to successfully migrate CMHK services to an NFV-based cloud core network for commercial use earlier this month, which saw CMHK deploy the 3GPP system. The companies are jointly developing new technologies, such as…
China Shipped 46.86 Million Mobile Phones In January 2017
China’s mobile phone shipment in January 2017 reached 46.864 million units, including 45.126 million 4G smartphones. The shipment of 4G smartphones accounted for 96.3% of the total. These statistics come from the China Academy of…
Foreign Chocolate Brands Defeat Domestically Made Chocolates in China's Valentine Season
According to the National Business Daily, chocolates that are made domestically have suffered a crushing defeat against foreign brands ahead of the Valentine season. The newspaper cited that domestic brands were seldom seen on display…
Chinese luxury shopping returns to growth but how can brands build on the momentum?
But over the last two years the luxury bubble didn’t only burst, it exploded, sending brands in to a store-closing spiral in the country as China’s anti-corruption campaign (a crackdown on government corporate entertaining and…
In China, the Trump Name Is Applied to Everything From Condoms to Toilets
President Donald Trump’s triumph in the fight to wrest back his brand for construction services in China could spell the end of more than 225 Trump-related marks here that don’t belong to him, including Trump…
Gina Rinehart launches wagyu brand bound for China's top restaurants
Australia’s richest woman Gina Rinehart is forging new ties with China, hot on the heels of the fierce battle for the Kidman cattle empire which she purchased last year. Today she launched her wagyu brand…
Is this the last flush for Trump toilets in China? U.S. president wins key trademark
But after a decade of grinding battle in China’s courts, the president is expected to get an unlikely win on Tuesday: the rights to his own name. Trump’s late victory in the fight to wrest…
Lenovo becomes no. 2 brand in India pushing Micromax to third position; Samsung retains no. 1 spot despite Note 7 disaster
While once, brands from China were looked at askance and were not really given much importance, the high quality and specifications coupled with cheap pricing have definitely helped boost the brands in India. Most of…
Ford says U.S. and China need to work together on trade
“I think Chinese customers think about American companies differently.” But KFC-owner Yum Brands (YUM) and McDonald’s (MCD) both said their China businesses suffered last year from anti-U.S. protests over an international tribunal’s ruling on territorial…
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