BEIJING, Sept 24 (Reuters) – A number of second-tier cities in China have rolled out property speculation curbs in an effort to cool home property sales, according to the official Xinhua News Agency and documents…
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More Chinese cities impose property control measures
Small cities benefit as southern China project takes off
“In China, if you want to invest, you go where the national policies go,” said property agent Zhang Guangzi in Daya Bay, an emerging district in Huizhou. Two years ago, HSBC brought attention to the…
From cheap copycats to premium challengers: How Chinese brands are beating Samsung and taking on Apple
What the 23-year-old bought instead was a Huawei Nova 2, a dual-camera smartphone unveiled this summer by China’s Huawei Technologies, priced at 2,899 yuan (US$441) – about two-thirds that of the iPhone 6S. “I don’t…
Kim Jong-un, Taking On U.S. Directly, Sidelines China and South Korea
The Korean Central News Agency, which is run by Pyongyang, referred to a coming party congress in Beijing in unflattering terms on Friday. The quiet in Beijing illustrated China’s almost complete lack of influence in…
China embraces smart factory technology in manufacturing arms race with Germany, Japan
China is turning to foreign robotics and smart factory technologies to enhance competitiveness as it seeks to close the gap in manufacturing prowess with Japan and Germany by 2035 under Premier Li Keqiang’s “Made in…
3 Tips for Brands Marketing on Video-Streaming Platforms in China
Given that video-streaming has proven it has staying power, here are some best practices for brands marketing on video platforms in China. Skeptics have doubted the appeal of “old-school” video-streaming platforms to luxury brands and…
GNC China: The Next $1 Billion In Revenues
and GNC has significant brand equity already in China. GNC’s management has a renewed interest to find a local strategic partner. There appears to be plenty of options available. When performing a few basic calculations,…
With Nintendo’s help, Ubisoft grows Rabbids brand in Asia
Ubisoft’s animated TV series Rabbids Invasion, for one, recently surpassed one billion views in China alone based on aggregate views … Ubisoft Canada also recently integrated the brand into the popular interactive theme park space…
Nestle Aussie brands to be sold in China through e-commerce
Nestle is partnering with China e-commerce platforms, VIP.com, to offer its customers some of Australia’s best-known brands including Allen’s lollies and Uncle Tobys. The deal potentially opens the door to VIP.com’s customer base of more…
China’s c.bank tells banks to stop doing business with N.Korea
China will limit exports of refined petroleum products to North Korea starting October 1, its commerce ministry said, confirming Beijing’s participation in … China’s central bank did not immediately respond to a request for comment.…
Brodzinski seals shootout win for Kings over Canucks in Beijing
BEIJING — The Los Angeles Kings beat the Vancouver Canucks 4-3 in penalties to win both of the National Hockey League’s first-ever preseason games in China. Saturday’s game in Beijing caps a push by the…
How China’s mobile payment trend is encroaching on foreign markets
A customer tries Alipay’s facial recognition payment solution “Smile to Pay” at KFC’s new KPRO restaurant in Hangzhou Thomson Reuters China is going cashless, no doubt. Chinese consumers spent a total of USD 5.5 trillion…
China: S&P Downgrades Debt Rating, Citing Financial Risks
S&P Ratings cut China’s sovereign debt rating one notch to A plus from AA minus, its first such action since 1999, saying a long period of borrowing has increased China’s economic and financial risks. But…
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