Volkswagen Financial Services demonstrated the importance of the renminbi bond market in the company’s growth strategy with another fund-raising exercise amounting to 4 billion yuan (US$580 million). The three-year asset-backed securities (ABS) deal … (…
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Corona Comeback: Corona is back again! Government’s big decision after 31 deaths, high alert issued
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US and China need a space hotline for orbital emergencies, experts say
China-US air freight tumbles on ‘de minimis’ tariff; airlines adjust routes
Fresh Covid wave hits China and Thailand as cases surge across Asia | Here’s what you should know
Covid cases rise in Singapore, Hong Kong as new wave spreads in Asia. Should you be worried?
New Covid-19 wave in Asia: Hong Kong and Singapore see sharp rise — Should we be worried?
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How important is the China ABS market to Volkswagen Financial Services?
China to cut red tape for better business environment
China has decided to further cut red tape by integrating separate business licenses to improve the business environment and stimulate market vitality. All certificates related to business registration will continue to be sorted and merged…
Canadian companies seek growth in China: survey
In particular, almost three quarters of respondents to the Canada China Business Survey indicated they plan to expand their operations in China, 49 percent indicating the planned expansions as substantial, and 24 percent as slight.…
China flags global naval role after new carrier launch
Chinese Foreign Minister Wang Yi said Chinese business and citizens had spread all around the world, with millions of people living overseas and nearly 30,000 Chinese-funded businesses registered in other countries. “Under this new environment,…
New Balance Court Ruling in China Is Rare Win Against Piracy
The case offers a high-profile example of how doing business in China can feel like a Wild West shootout. For years, foreign brands have been battling low-quality manufacturers that churn out cheap copies of everything…
China has 836 million 4G users: Ministry
BEIJING — China had a total of 836 million 4G network users as of the end of March, up from 770 million three months ago, figures from the Ministry of Industry and Information Technology (MIIT)…
China revises mapping law to bolster territorial claims
Laws include placing management of foreign non-governmental organizations under the security ministry and a cybersecurity law requiring that businesses store important business data in China among others. Overseas critics say that these laws give the…
China’s Business Registration Process to Become Easier, Cheaper Following October Digitalization
Companies that would like to setup in China will benefit from a more efficient corporate registration process by the end of October this year. The State Administration for Industry and Commerce (SAIC) released an opinion…
China's Didi to raise up to $6 billion, values firm at $50 billion: sources
Didi Chuxing declined to comment. The last valuation for Didi was $34 billion in August when it agreed to acquire Uber Technology Inc’s China business following a drawn-out rivalry between the two firms. The deal…
Push for South China Sea Code Stirs ASEAN Suspicions About Beijing's Endgame
MANILA — China’s support for finalising a code of conduct in the hotly contested South China Sea is generating some hope in Southeast Asia of settling disputes, but those working out the terms remain unconvinced…
China's Financial Crackdown Wins Backing From Mobius to Fidelity
China’s escalating campaign to clean up its financial system is winning plaudits from some of the world’s biggest investors. Templeton Emerging Markets Group and Fidelity International are among money managers who’ve endorsed a raft of…
China banks miss out on US investment banking bonanza
What is holding the banks back is the way Beijing controls the top lenders to manage the supply of credit to the Chinese economy. Industrial and Commercial Bank of China, Bank of China, Agricultural Bank…
China just launched its first domestically built aircraft carrier
China’s first domestically built aircraft carrier seen at its launching ceremony in Dalian, China, on Wednesday. REUTERS/Stringer BEIJING — China has launched its first domestically designed and built aircraft carrier, state media said Wednesday, as…
