Beijing’s monthly minimum wage for full-time employees is set to rise on July 1, 2019. On May 9, the Beijing Municipal Human Resources and Social Security Bureau announced plans to raise the city’s … (…
Tagged By beijing
In inland Chinese province, property bubble haunts dreams of prosperity
caught up in China’s slowest economic expansion in nearly three decades. After two years of breakneck growth, property markets in provincial cities like Zhengzhou finally reached a turning point … ( read original story …)
China rebuffs Trump claim U.S. tariffs are making firms leave
He added that China would continue to improve business and investment conditions for foreign companies. But foreign firms have grown weary of what they say are China’s piecemeal economic reforms. Long … ( read original…
Cramer Remix: Be very careful with Luckin Coffee’s IPO
The fallout from the U.S. crackdown on Huawei intensified this week, as trade negotiations between Washington and Beijing reportedly hit a roadblock. US eases some restrictions on China’s Huawei The U … ( read original…
Beijing is more innovative than New York and London, report says
Beijing is the fourth most innovative city in the world, ranking ahead of London, New York and Hong Kong, according to real estate consultant JLL. San Francisco, with its robust tech industry, topped … (…
Paying the Price: WeChat Merchants Banned From Crypto Payments
This ban marks the latest effort to stymie cryptocurrency usage in China, with the government also mulling over ways of greatly decreasing the presence of crypto mining on its soil. A rough … ( read…
Retailers, Brands Brace for Trade War Impact by Diversifying Sourcing
“Apparel manufacturers may be more nimble relative to footwear companies in their ability to shift production out of China,” Telsey noted. “We see the highest tariff exposure in G-III [estimated at … ( read original…
UFC Shenzhen Announced As Promotion Returns to China
On Monday, the promotion announced a show in Shenzhen, China, taking place August 31. No bouts were announced for the card, which will air on ESPN+. Given the date, the event will be UFC on…
China accuses U.S. of having ‘extravagant expectations’ for potential trade deal
WATCH: Trump says he believes China-U.S. trade talks to be ‘very successful’ In an interview with Fox News Channel recorded last week and aired on Sunday night, Trump said the United States … ( read…
The Changing Regulatory Landscape: How Blockchain Can Work in China
It has been a long-held opinion that blockchain and cryptocurrency aren’t the most welcomed topic in China, but as of today, increased signs have shown that the world’s second largest economy has … ( read…
Shenzhen Investment April sales slip to 565m yuan
State-owned property developer Shenzhen Investment (0604) reported today contracted sales for April slid by 34.1 percent year-on-year to 565 million yuan, with gross floor area sold of about 34,383 … ( read original story …)
Trump’s escalations of the trade war against China could push Washington towards a direct confrontation with Beijing, experts warn
President Donald Trump’s escalating trade war with China could signal a new era of confrontation between the two states, experts warn. On May 10, the president levied higher tariffs on $200 billion … ( read…
Terrifying moment plane lurches from side to side in strong winds while trying to land in Beijing
Strong winds hit Beijing yesterday, wreaking havoc on flights and rail services in the Chinese capital city. Terrifying footage released by state media shows a Hainan Airlines Airbus 330 aircraft … ( read original story…
