An index of Macau casino stocks tumbled on the news. Sands China and MGM China Holdings dropped as much as 6 per cent, and Wynn Macau fell as much as 6.7 per cent. “I think…
Tagged By beijing
China said to mull legal gambling on Hainan
China is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China’s territories and transform the economy…
China, the Vatican and a controversial deal
Under the agreement, the Vatican would be given a say in the appointment of future bishops in China, a Vatican source told news agency Reuters. For Beijing, an agreement with the Vatican could allow them…
With Sri Lankan port acquisition, China adds another ‘pearl’ to its ‘string’
China’s official licensing of the port in December last year … As 2017 wrapped up, the Chinese state news agency Xinhua published a dispatch from Colombo, describing how the Hambantota port was “now racing along…
China carries out first run of unmanned vessel as it seeks to boost maritime security
China has conducted the first run of an unmanned surface vehicle in its latest move to build up a blue-water navy that can support its maritime security. Military mouthpiece the People’s Liberation Army Daily reported…
China: US Disrespects Latin American Countries
He also attacked China’s state-led development model arguing it “is reminiscent of the past,” adding “it doesn’t have to be this hemisphere’s future.” China’s Foreign Ministry defended its economic ties with the region claiming they…
LG Quits the Chinese Smartphone Market, Blames Tough Competition From Local Brands
Now, the latest news from China confirmed the exit of LG from the Chinese smartphone … While LG remained stagnant in Europe, Huawei has grown to become one of the leading smartphone brands. In most…
China wants local investors to have a share of the success of its US-listed tech giants
China’s market regulator is looking into ways to enable domestic investors to trade shares in US-listed Chinese tech firms, as the country looks to spread the benefits of the global success of companies such as…
Chinese retailers are eschewing the 2018 IPO boom to go private. Here’s why
When Chinese footwear retailers Belle International and Pou Sheng International (Holdings), and department store chain Intime Retail Group listed on the Hong Kong stock market years ago, they were riding on a rebound spurred by…
Buffett already ‘god of stocks’ in China, has $100 billion reason to invest more there
Six years ago Warren Buffett played the ukulele on CCTV during the Chinese New Year, endearing himself to hundreds of millions of viewers in China. With the Chinese New Year approaching again, the celebrity of…
China’s migrant children dilemma
The boy was feted by news media and even flown to Beijing for a three-day visit last month. The trip was sponsored by a Chinese Communist Party propaganda website, China Peace. While the boy was…
One-child policy: A look inside the struggles and benefits of China’s ‘little emperor’ generation
I remember growing up and being told by my mother over and over again that I was her “only hope”. China’s one-child policy was introduced in 1979 to control population growth There were exemptions to…
Dutch firm finds sweet spot despite property restrictions
An employee selects paint from a stack at AkzoNobel NV’s paint factory in Ashington, the United Kingdom. Provided to CHINA DAILY Global paints and coatings company AkzoNobel said it expects its business growth in the…
