BEIJING – China’s tourism industry raked in 423.3 billion yuan ($61.7 billion) in revenue during the Lunar New Year holiday, as more affluent people become increasingly keen to travel. The volume marked a year-on-year increase…
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The stocks linked to China’s missing tycoon Xiao Jianhua
Xiao Jianhua (肖建華), ranked 32nd with his wife on Hurun’s China Rich List 2016, is estimated to be worth US$5.97 billion. A Peking University graduate, he founded his business in 1993 through three closely held…
Apple sees business in mainland China picking up, but Hong Kong not so much
Greater China was Apple’s weakest market for another quarter, but CEO Tim Cook says it is actually doing better in mainland China, with Hong Kong accounting for much of the weakness. Overall, quarterly sales in…
China Stocks Fall as Central Bank Tightens Policy
China stocks snapped a five-day winning streak on Friday after Beijing unexpectedly raised short-term interest rates on the first trading day after the Lunar New Year holiday, in a further sign it has moved to…
Beijing's tight new currency curbs could affect Vancouver real estate
Beijing’s tight new currency rules designed to make it more difficult for overseas property purchases have Metro Vancouver real estate wondering if the effect will be a further slowdown of the local housing market. The…
Beijing receives over 2 bln cubic meters of water from Yangtze
Beijing has received more than 2 billion cubic meters of diverted water from the Yangtze River, benefiting 11 million residents, authorities have said. Beijing has received more than 2 billion cubic meters of diverted water…
Beijing hutong gets facelift to bring out traditional character
One of Beijing’s most famous hutongs is claiming back its ancient character and shaking off the commercial vibe that has, as of late, characterized it after months-long renovation. Nanluoguxiang is a must-visit for anyone who…
Chinese firms eye Pakistan amid Beijing’s ‘Silk Road’ splurge
BEIJING: Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign of deepening ties after Beijing vowed to plough $57 billion…
Asia stumbles as Chinese markets fall after Beijing tightens policy
Asian stocks dipped on Friday as Chinese markets fell after Beijing unexpectedly hiked short-term rates, adding to lingering anxiety over global growth in the wake of U.S. President Donald Trump’s aggressive policies on trade and…
China flexes its military muscle as it showcases a mighty ballistic missile force which is 'ready to strike any targets at any time'
China has displayed its military might as the country celebrates the Lunar New Year. CCTV News, the state television station, broadcast a short clip last week showcasing China’s Rocket Force, a part the People’s Liberation…
3 of 5 Most Valuable Global Bank Brands Are Chinese
In a new ranking of the world’s top banking brands, a China-based bank tops the list for the first time, while two more Chinese bank brands nabbed a spot in the top five and a…
Across the globe, a golden year for China’s smartphone brands
China’s smartphone makers had a bumper 2016, luring in more buyers around the world than ever before. In the ultra-competitive global smartphone market, three Chinese brands made up the top five, collectively shipping 316 million…
Beijing vows its new aircraft carrier will be based in the disputed South China Sea in warning to the US and its regional neighbours
Tensions between the Trump administration and China could be set to heighten amid reports that Beijing plans to place a new aircraft carrier in disputed waters. Reports in the Chinese media state that the carrier,…
