Last year, nearly 320,000 visitors from China spent $304 million on attractions, hotels, retails and restaurants in Toronto, so it only made sense that businesses began accepting two of China’s biggest mobile payment options. Earlier…
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China covers up a plane crash in the heart of its capital
‘My phone goes to Delhi, not Beijing’: US senator draws sharp trust contrast between India and China
Beijing plane crash news: Pilot dies, 13 injured after CITIC Tower collision; cause still unknown as investigation continues
China tells its ethnic minorities to integrate or face consequences with sweeping new unity law
Shenzhen Metro Names Former GM and Vanke Chair Huang Liping as Chairman
Why a small plane crash into Beijing’s tallest tower has become a major political and security test for China
China to open the world’s first robot-run hotel in 2027: No receptionists, no housekeepers, no room service staff
Recent Posts
Toronto’s CN Tower, Ripley’s Aquarium now accepting China’s biggest mobile payment services
Vancouver-Developed CryptoKitties Launches its Mega-Popular Blockchain Cryptocollectible Game in China, Hong Kong & Taiwan
Vancouver, BC, March 12, 2018–(T-Net)–Vancouver-based venture studio Axiom Zen announced today that CryptoKitties, the world’s first and most successful consumer product built on blockchain technology, has officially launched in China, Hong Kong … ( read…
China’s top brands see global profile rise
China is showing global brand leadership in a wide variety of sectors, with many popular domestic favorites beginning to be recognized as quality brands worldwide, according to a new report. Brand Finance, a London-based brand…
China claims it has created a ‘super material’ that’s INVISIBLE and ‘could make FIGHTER JETS impossible to see’
A report from Sina, one of China’s largest news portals, claimed on March 11 that the lab in question is the State Key Laboratory of Metamaterial Electromagnetic Modulation Technology in Shenzhen, a state-funded lab established…
China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
China’s WM Motor Technology Co., set to take on Tesla Inc. with an electric SUV going on sale this year, is open to holding an initial public offering in the U.S. as its founder shrugs…
Purchase of foreign brands ‘lucrative’
Chinese companies are buying foreign brands so they can introduce the brands and their products to shoppers in China, according to retail experts. The appraisal followed Chinese conglomerate Fosun sealing two offshore investment deals in…
JPMorgan’s Gartside Is ‘Not at All’ Worried About a Financial Crisis in China
Mar.12 — Alberto Gallo, portfolio manager at Algebris Investments, and Nicholas Gartside, international chief investment officer of fixed income at JPMorgan Asset Management, discuss the risks of a China banking crisis. They speak with Bloomberg’s…
After Tariffs, Trump to Punish China for Intellectual Property Theft
President Trump’s coming tariffs on foreign steel and aluminum imports is the first step in targeting China’s unfair trade practices, according to a senior White House trade official. The next phase in the president’s bid…
China says no to U.S. trade war, but vows to defend interests
Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less restrictive. “We have noticed that some foreign-funded businesses have complained about China’s investment environment,” Zhong said.…
China is at risk of a banking crisis, a central bank body says
The International Monetary Fund , in a report published in December, identified three “major tensions” in China’s financial system that could derail the world’s second-largest economy. But Chinese authorities had acknowledged those risks and taken…
Exclusive: China’s CEFC was scrambling for loans as authorities swooped
Trust lending in China is not as tightly regulated as bank activity, allowing trusts to charge higher rates of interest to borrowers who may struggle to access more traditional forms of finance. “Paying ultra-high interest…
Don’t count on Beijing to resolve fallout from any debt blowup, says expert
The Chinese government needs to wean the debt-laden economy off the belief that Beijing will stage a bailout if problems crop up, says a Tsinghua finance professor. The country has the size and resilience to…
China allows Xi to remain president indefinitely, tightening his grip on power
BEIJING (Reuters) – China removed presidential term limits from its constitution on Sunday, giving President Xi Jinping the right to remain in office indefinitely, and confirming his status as the country’s most powerful leader since…
