It estimated Tencent accounted for 42 percent of China’s mobile game market share in 2017. Founded in 1998, Tencent’s main business is video games but the company also runs China’s dominant … ( read original…
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Brazil, China strengthen trade ties amid US tariffs
Dr. Anthony Fauci ruled out Wuhan market origin for COVID-19 in private diary entries
Exposed Fauci diary shows he estimated COVID-19 death rate to be much lower than what he told Congress
Carbon Economics Salon Held at PHBS in Shenzhen
China begins making homegrown DUV chipmaking tools, The Information reports
China opposes US ‘forced labour’ tariffs, calls for them to be cancelled
Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I.
Recent Posts
Tencent loses $20 billion in value after China attacks myopia with gaming curbs
Beijing’s massive new airport ‘on time’ for 2019 launch
Amid farmlands on the outskirts of Beijing, a massive construction site rising above the horizon bustles with activity as 8,000 workers build a new mega airport. Aimed at easing the passenger load of … (…
Hong Kong’s digital banking push pits tech newcomers against old-guard lenders
Bidders hoping to challenge the dominance of HSBC and its local rivals, Bank of China (Hong Kong) and Standard Chartered , include China’s Ant Financial, Tencent , and Ping An Insur… ( read original story…
China’s Central Bank Faces Tough Task in Guarding Nervous Yuan
September is set to be a hard month for China’s money markets, handing the nation’s central bank the tricky task of adding just enough liquidity without prompting renewed weakness in the yuan. Funding … (…
China’s Meituan Dianping sets HK IPO valuation at up to $55 billion: sources
SINGAPORE/HONG KONG (Reuters/IFR) – China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 per share for its … ( read original story …)
Conference brings Bournemouth and China closer together
The ‘China Embracing Innovation’ event was hailed a great success with international speakers, civic leaders, and business people from the UK and China among the 150 delegates at the Hilton Hotel. Bou… ( read original…
Restaurant operator Yum China rejects $17.6 billion Hillhouse offer: source
Yum China was spun off from Yum Brands! Inc (YUM.N) in 2016 and listed on the New York Stock Exchange. It is the exclusive licensee of the KFC, Pizza Hut and Taco Bell brands in…
China education: Why some mothers want August C-sections
The state-owned China News Service (CNS) has released a video featuring a “busy scene” of pregnant women at a hospital in the central city of Wuhan. The video prompted thousands of social media commen… (…
China to conduct nationwide inspection on ride-hailing companies
HONG KONG (Reuters) – China will conduct comprehensive inspections on all ride-hailing service companies, the transportation ministry said on Friday, after a driver from the dominant ride-hailing … ( read original story …)
Japan finance minister, Chinese officials endorse global trade system amidst Trump tariffs
BEIJING—Japan’s finance minister and Chinese officials have pledged support for the multilateral system of global trade regulation ahead of a possible new round of U.S. tariff hikes in a battle over B… ( read original…
China’s Tesla: Why You Should Avoid It
NIO is clearly selling this IPO as buying a stake in the future growth of China’s electric car market. Chinese manufacturers have a clear advantage here, because premium Chinese vehicles sold in … ( read…
Too Many Chinese Children Need Glasses. Beijing Blames Video Games.
BEIJING — It started this week with a call to action from China’s leader, Xi Jinping. Too many of the country’s children need glasses, he said, and the government was going to do something about…
China’s banks see jump in fines under chief regulator Guo – UBS
BEIJING (Reuters) – Fines levied by China’s banking regulator have surged since Guo Shuqing became its head in February 2017, rising nearly six-fold from the cumulative fines levied over the previous … ( read original…