Apple CEO Tim Cook arriving before a meeting with Chinese Vice Premier Liu Yandong during a May 2015 trip to China. REUTERS/China Daily Some of the biggest names in tech, including Apple’s Tim Cook and…
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Apple’s Cook, Facebook’s Zuckerberg meet China’s Xi in Beijing
SHANGHAI, Oct 30 (Reuters) – Apple Inc chief executive Tim Cook and Facebook Inc’s Mark Zuckerberg met Chinese President Xi Jinping on Monday at an annual gathering of advisers to Beijing’s Tsinghua University business school.…
Questions, anger after young Russian model dies in China
The exact circumstances of Vlada Dzyuba’s death last week are still murky, and there are conflicting accounts from Russia and China. But media reports say there are concerns in Russia about working conditions in China…
Shanghai stocks post worst day in 11 weeks on fears of IPO wave
China’s securities regulator on Friday had approved nine IPOs that will raise a total of 9.5 billion yuan ($1.43 billion), more than double the average funds raised in the past weeks. That sparked fears more…
Beijing launches second sale of “joint-ownership homes” in Shunyi
Beijing municipal government has started sales of a second batch of “joint-ownership homes”, allowing residents and non-locals to buy homes at less than half the market price. Registrations opened on Friday for 969 units, comprising…
Beijing still one of worst polluted cities in China despite smog crackdown
Air quality in the Chinese capital and neighbouring regions showed no improvement in September compared with last year, data from the Ministry of Environmental Protection showed, despite a major campaign to fight pollution. The results…
China stocks fall on anticipation of an IPO wave; Hong Kong flat
SHANGHAI, Oct 30 (Reuters) – China’s major indexes fell on Monday morning, dented by expectations of a new wave of initial public offerings and by profit-taking in consumer firms. The CSI300 index was down 0.3…
Billionaires Keep Bubbling Up as China Property Market Soars
Nowhere on Earth is wealth being created faster than in China’s mainland property market. The collective net worth of the country’s richest developers has rocketed since the start of the year, adding $44.3 billion to…
Billionaires Keep Bubbling Up in China’s Soaring Property Market
Nowhere on Earth is wealth being created faster than in China’s mainland property market. The collective net worth of the country’s richest developers has rocketed upward since the start of the year, adding $44.3 billion…
As China’s home prices cool, some property companies seek to reduce risks
HONG KONG (Reuters) – As the froth comes off China’s home prices, there are increasing signs that some property developers, particularly those with a heavy debt load, are becoming less aggressive. They are reducing balance…
4 Highlights From Yum China’s 2017 Investor Day
It’s been one year since Yum China (NYSE: YUMC) was spun off from parent Yum! Brands (NYSE: YUM), and the exclusive licensee of KFC and Pizza Hut restaurants in mainland China is up over 50%…
Smog blankets Beijing, northern China, causes road closures around the country
China’s efforts to ensure blue skies for the Communist Party’s national congress failed as heavy smog blanketed Beijing throughout the week-long event and worsened as cadres headed back home. An orange air pollution alert –…
Beijing rejects unilateral sanctions as US targets North Korean diplomat in China
Beijing has repeated its opposition to unilateral sanctions on Pyongyang after Washington took rare action against a China-based North Korean diplomat accused of human rights abuses. The US sanctions on Ku Sung-sop, North Korea’s consul…
