A Bank of China executive has backed the City of London to help manage the risk posed by Beijing’s mammoth infrastructure programme, the belt and road initiative. Sun Yu, general manager of the bank’s London branch, said the capital’s powerhouse ... ( read original story ...)
Russia and China quietly build business bonds
There has been no shortage of big investment promises each time a Chinese government delegation has visited Moscow in recent years, but concrete deals have often been lacking. So the $9.1bn stumped up by CEFC China Energy this month for a 14.16 per cent ... ( read original story ...)
China’s Alibaba bringing online payment platform AliPay to Canada
Ma hosted Trudeau, Foreign Affairs Minister Chrystia Freeland and Canadian business representatives at the company's campus in Hangzhou, China last September. ( read original story ...)
Deloitte China looks to advisory services involving fintech, mergers and acquisitions
Audit income dropped to only about 40 per cent of all business, down from 80 per cent in the early 1990s, Tsang told the South China Morning Post. In contrast, managing consulting and advisory services for mergers and acquisitions as well as crisis ... ( read original story ...)
Why China’s outbound investment has swung from feast to famine
China’s initiative to invest in strategic industries globally ... Compared to New York, He said Hong Kong’s strength lies in its proximity to where Chinese companies are doing business, relatively lower communication cost and compliance cost. ( read original story ...)
Parcel delivery in China, a cutthroat business
SHANGHAI -- As e-commerce explodes in China, a fierce price war has broken out among parcel delivery companies, stripping away profit margins and threatening a major industry shakeout. The more consumers prefer to shop online, the higher the demand for ... ( read original story ...)
China pollution controls hit iron ore prices
Demand for Australian iron ore is expected to fall sharply as China rolls out anti-pollution measures. The damage is compounded by risk averse investors as North Korean tensions simmer. The benchmark spot price tumbled 12 percent last week, putting in its ... ( read original story ...)
Rise of China’s army of ‘personal shoppers’
And while it is often individuals doing the buying and selling, their collective buying force they can literally make or break a business. There is no estimate of the value of the “grey” market from Australia to China but the total online market of ... ( read original story ...)
China rust belt opens door wider to foreign investors
Elsewhere, companies are increasingly voicing frustration about investment barriers in sectors from automotive to finance, while China subsidises its own domestic businesses. The EU business chamber issued an annual report on Tuesday saying companies were ... ( read original story ...)
China’s Slipping Export Crown Could Be Saved by Technology
After decades of relentless gains, China’s share of global exports is now edging down. Whether that continues hinges a lot on how fast it can shift into higher-technology shipments. China’s portion of the global export pie has shrunk from a high of ... ( read original story ...)