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…
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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,…
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…
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…
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…
After first wave in June: More Chinese cities impose property control measures
Going up and up: A number of second-tier cities in China have rolled out property speculation curbs in an effort to cool home property sales. Bloomberg A number of second-tier cities in China have rolled…
How Chinese brands are beating Samsung, taking on Apple
What the 23-year-old bought instead was a Huawei Nova 2, a dual-camera smartphone unveiled this summer by China’s Huawei Technologies, priced at 2,899 yuan ($599) – about two-thirds that of the iPhone 6S. “I don’t…
Week In Review: Zai Lab Completes $150 Million U.S. IPO; Investors Push Valuation To $1.4 Billion
Zai Lab (Pending:ZLAB) raised $150 million in its US IPO after the company increased the size of the … Bellen, a CRO headquartered in Beijing, raised $38 million in a B funding. Founded in 2007,…
Chinese cities impose new property control measures
BEIJING (Reuters) – A number of provincial capitals across China have rolled out new curbs to further slow home property sales, and bear down on lingering speculators that could destabilise markets ahead of a key…
China says North Korea earthquake a ‘suspected explosion’
A number of previous shallow quakes in North Korea, including the most recent earlier this month, have turned out to be caused by the rogue state’s nuclear tests, China’s official Xinhua news agency reported. According…
China Cities Tighten Home-Sale Rules to Tame Property Market
Several large Chinese cities including Shijiazhuang, Chongqing, Nanchang, Nanning and Guiyang are imposing restrictions on home resales as part of the nation’s campaign to cool its heated property sector. Chongqing will ban sales of new…
More Chinese cities impose property control measures
BEIJING, Sept 24 (Reuters) – A number of second-tier cities in China have rolled out property speculation curbs in an effort to cool home property sales, according to the official Xinhua News Agency and documents…
Small cities benefit as southern China project takes off
“In China, if you want to invest, you go where the national policies go,” said property agent Zhang Guangzi in Daya Bay, an emerging district in Huizhou. Two years ago, HSBC brought attention to the…
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