In China’s business circles, the ultimate party statement is a bottle of Maotai on the table. This luxury liquor from Guizhou province, known for its potency of up to 53%, has long been a symbol…
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All About the World’s Largest Indoor Ski Resort Opening in Shenzhen in October 2025
Shenzhen Qianhai Huafa Snow World, set to be the world’s largest and lowest-latitude indoor ski resort, is set to open in October 2025.
How VC founders in China end up blacklisted
Once blacklisted, it is nearly impossible for individuals to start another business. They are also blocked from a range of economic activities.
China’s service sector rise to 7-mth high, but orders from abroad declines
China’s services sector witnessed significant growth in the last seven months, with the Purchasing Managers’ Index (PMI) rising to 52.2 in December from 51.5 in the previous month. However, orders …
Shanghai and Shenzhen stock exchanges woo foreign investors after worst start since 2016
The bourses met representatives of 16 overseas money managers and investment banks, seeking their inputs to jumpstart the market.
A filmmaker made a documentary about rare protests in China. Now he’s going on trial
A Chinese filmmaker was due to stand trial Monday over his documentary about China’s nationwide protests against Covid lockdowns in late 2022, as Beijing seeks to erase public memories of stunning …
China scrambles to shore up sliding yuan and stock markets
China’s stock exchanges and central bank scurried to defend a tumbling yuan and falling stock markets on Monday, trying to soothe investors concerned about Donald Trump’s return to the White House and …
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back funding …
Should public be worried about virus spreading in China?
In the wake of a mysterious viral outbreak in China, the health authorities are still up in the air whether it could lead to a massive outbreak worldwide like COVID-19 pandemic. ..
China’s top diplomat heads to Africa as West’s attention dwindles
China’s top diplomat began his annual New Year tour of Africa on Sunday, maintaining a 35-year-long tradition, to quietly advance Beijing’s already sizeable influence across the resource-rich …
China rolls out plan to tackle growing issue of dementia
China has launched a national plan to address the rapidly growing prevalence of dementia, which authorities say is becoming “a widespread societal concern” and poses “significant challenges” to the …
China Maintains Grip on Yuan With Fix Stronger Than 7.2 Level
China maintained its support for the yuan with the daily reference rate after the currency slumped past a key level on Friday.
Shenzhen-based Logan Group proposes restructuring its $8 billion offshore debt
Logan Group seeks to restructure $7.56 billion of the total offshore debt, while also aiming to relieve creditors of its additional $476 million offshore debt under separate financing instruments. In …
