Tencent, one of China’s most powerful tech giants, reported its first profit decline in a decade, and its shares fell as much as 5 percent. About $180 billion has vanished from its market value since ... ( read original story ...)
As China and Taiwan fight, a tiny coffee bean business thrives amid bitter political dispute
China and Taiwan have been self-ruled since the Chinese civil war of the 1940s, but officials in Beijing continue to claim sovereignty over the island and insist that under its one-China policy, Taiwa... ( read original story ...)
Edward Cheung on China’s Modern Property Tax System
China is moving closer to a nationwide property tax. Expected to be rubber-stamped in 2019, the levy will tame speculative market behavior and modernize the system. While legislation was long-delayed ... ( read original story ...)
Kroger Decision To Launch Brands With Alibaba Is Pure Genius
This week Kroger looked to China and announced its plans to launch its owned brand Simple Truth® on Alibaba's Tmall platform. The move is a stroke of Val Kilmer Real Genius, a move that far more U.S. ... ( read original story ...)
Tencent, the Chinese Internet Giant, Stumbles. Beijing Gets the Blame
SHANGHAI — Its chat app has inspired Silicon Valley. It owns some of the biggest video game franchises in the world. And after years of growth it has become one of the largest internet companies in th... ( read original story ...)
News of trade talks with China lifted markets, says Benchmark Investments’ Kevin Kelly
Investors seem to think there is going to be a trade deal with China, Kevin Kelly, CEO of Benchmark Investments. Aleksandra Michalska reports. Investors seem to think there is going to be a trade deal ... ( read original story ...)
Luxury brands target younger customers
More than four months after French fashion house Christian Dior became the first luxury brand to have an official account in China on the short-video app Douyin, it had attracted less than 40,000 foll... ( read original story ...)
Why China needs more babies to save its aging population
China needs babies to fix a problem of its own creation ... but it’s been so dramatic that it’s created all kinds of social problems along the way,” Cai told Global News by phone. “The reserve [of fut... ( read original story ...)
China, U.S. to hold lower-level trade talks in late August
News of the meeting gave a lift to the yuan and helped cap losses in China’s stock markets. The world’s two largest economies have been locked in escalating rounds of tit-for-tat tariffs since the sta... ( read original story ...)
China rebuffs Philippines president’s South China Sea rebuke
BEIJING (Reuters) - China rebuffed Philippine President Rodrigo Duterte’s call for Beijing to rethink its conduct in the South China Sea on Thursday, saying China had the right to react to foreign shi... ( read original story ...)