ZhongAn, China’s first online-only insurance company, announced an initial public offering in Hong Kong in which it plans to raise up to $1.5 billion for a potential valuation of $10 billion. The share sale will…
Tagged By beijing
China and India water ‘dispute’ after border stand-off
A year ago, China blocked a tributary of the Yarlung Zangbo river as part of its most expensive hydro project, Chinese state-run news agency Xinhua reported. The news came just when Indian media were suggesting…
China’s luxury car market: Second-tier brands gain ground
The first half of 2017 was an exciting time for luxury automakers in China. Sales growth remained solid, but competition heated. Audi, the long-time luxury king in China, lost its throne to Mercedes-Benz and BMW.…
Once anti-logo, Dani Reiss leverages Canada Goose brand appeal in Europe and China
Dani Reiss, who runs Canada Goose Holdings Inc., used to be so anti-logo that he would cut the little crocodiles off his Lacoste shirts. Today, a prominent North Pole crest is emblazoned on the shoulder…
China vs US: who is copying whom?
But some Chinese companies are also leading the way in new services and business models. There are several reasons. Competing in a protected space — the likes of Facebook, Twitter, and Google’s search engine are…
China detains man for service to evade internet firewall
The Global Times newspaper, citing the official Xinhua news agency, says the software developer was arrested … information ahead of October’s twice-a-decade ruling party congress. China restricts how licensed VPNs are used, but has yet…
China, Russia begin naval drills near North Korea
BEIJING (Reuters) – China and Russia began naval drills near North Korea on … 3, in defiance of international pressure. The official Xinhua news agency said the joint exercises will take place between Peter the…
China expresses concern over EU push to curb foreign takeovers
BEIJING (Reuters) – China expressed concern on Monday over a proposal by European … the losses will outweigh the gains,” Lu told a daily news briefing. He urged the European Union to respect World Trade…
Charges to be laid in Canada involving fentanyl shipments from China: RCMP
VANCOUVER – The RCMP has launched at least 20 investigations involving dozens of vendors shipping fentanyl from China as Canada grapples with a record number of illicit opioid deaths, the force’s director of serious organized…
China Communist Party Youth Twitter account prompts abuse
China closely controls what can be posted and seen online … announcing “Hello Twitter” – and has also been posting patriotic links and news stories. It met similar questions about firewalls and VPNs, but on…
UBS’s Wang Says China Property Heading for a Slowdown
Sep.17 — Wang Tao, head of Asia economics at UBS, discusses China’s property price data for August and what it means for the economy. She speaks on “Bloomberg Markets: Asia.” ( read original story …)
RPT-TABLE-China property price changes in August
(Attaches to additional alerts) Sept 18 (Reuters) – BEIJING, Sept 18 (Reuters) – Following is a breakdown of average new home price changes in major Chinese cities in August, announced by the National Bureau of…
Fashioning a brand’s evolution
Kulvinder Birring, acting CEO of Watsons China, plans to turn his firm into a top fashion brand in the Chinese market. [Photo provided to China Daily] Kulvinder Birring leads beauty and health chain Watsons China’s…
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