Beyond Apple — which is so often the focus when studying smartphone sales in China, given its importance to the company — it is clear that a few brands now dominate the Chinese smartphone market.…
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A new ‘trackless electric train’ (aka a bus) starts testing in China
The new vehicle developed by China’s CRRC Corporation, one of the world’s largest train manufacturers is presented as a ‘trackless electric train’. As you can see on the pictures above and below, the train is…
Tim Cook and Mark Zuckerberg meet with Chinese President Xi Jinping in Beijing
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…
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%…
