BEIJING — Chinese e-commerce tycoon Jack Ma has long been an example of how the power of big dreams, strong leadership and sheer elbow grease can create massive fortunes in China’s go-go economy. Yet ……
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Amazon plans to shut down China marketplace in rare retreat
Amazon still has less than 1% market share in China, according to iResearch. However, Amazon is not entirely pulling out of the country, according to a company spokeswoman. The Seattle e-commerce … ( read original…
The $18 billion electric car bubble at risk of bursting in China
(Bloomberg) – An iPhone assembler, e-commerce emporium and real-estate developer typically don’t compete in the same business – except when it comes to electric vehicles in China. That’s because of a … ( read original…
China ready for summit meet with India despite differences over BRI
China said Friday it was ready to hold a Wuhan-style summit … According to what we know American diplomats, local government and business leaders have confirmed their participation in the 2nd BRF,” … ( read…
Nintendo shares surge more than 14% after tie-up with Tencent to sell Switch console in China
“Nintendo has yet to launch any of its mobile games in China and we believe that the potential of Nintendo’s mobile game business in China is significantly larger than its console business,” Ahmad … (…
Malaysia to Revive Major China-Linked Property Project
KUALA LUMPUR, Malaysia — Malaysia’s government says it will resurrect a multibillion-dollar property project in Kuala Lumpur involving a Chinese state company, calling it a contribution to China’s … ( read original story …)
China’s financial futures exchange relaxes rules for index futures trading
China’s financial futures exchange said on Friday it was further relaxing index futures trading rules, reducing margin requirements, cutting fees and allowing more trading activities. The China … ( read original story …)
China to maintain policy support for economy as ‘pressure’ and difficulties continue
China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, a top decision-making body of the Communist … ( read original story …)
China will step up proactive fiscal policy: Xinhua
BEIJING (Reuters) – China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, a top decision-making … ( read original story …)
China will keep supporting economy as ‘pressure’ lingers: politburo
BEIJING (Reuters) – China will maintain policy support for the … and problems in economic operations,” the official Xinhua news agency reported, citing a politburo meeting chaired by President … ( read original story …)
China’s property investment grows most in 8 months in March
Reuters reported that property investment in China grew the most in 8 months in March, as demand recovered and market sentiment improved in the wake of looser monetary conditions and a modest … ( read…
Shenzhen Jewellery Fair is helping industry push boundaries
SHENZHEN, China, April 19, 2019 /PRNewswire/ — A jewellery trade in transition, one brimming with game-changing innovations, will greet participants when the China International Gold, Jewellery & Gem … ( read original story …)
China downplays political impact of global development push
BEIJING – China downplayed the political implications of its global … It embodies the spirit of multilateralism,” Wang said at a news conference. Chinese President Xi Jinping, who has made the … ( read original…
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