The intense competition in the bicycle-sharing business in China, which observers said would end up with a Didi-Uber merger as early as March, has now officially gone global. The Chinese bike-sharing startup Mobike was set…
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US, China grow farther apart as North Korean threat rises
U.S. President Donald Trump’s hopes for China’s help with restraining North Korea appear to have gone nowhere, with the two sides growing farther apart as their approaches and concerns diverge. China shows no sign of…
Luxury brands woo Chinese market with home-grown talent
As China grows to be one of the world’s largest luxury markets, luxury brands are launching collaborations in one way or another with China’s independent designers (and even fashion bloggers) to explore the local market.…
China Movie Ticketing Service Maoyan Plans IPO: CEO
Speaking at the Shanghai International Film Festival, Wang said that Maoyan expects to turn a profit this year and is aiming for an IPO, according to local media … One month later, Beijing-based studio Enlight…
Chinese developer buys stake in China Sports to tap sports facility sector
China Aoyuan Property said it has offered to pay 3.3 billion yuan (US$485 million) for an estimated 22 per cent stake of China Sports Industry Group , in a bid to tap into the country’s…
China’s new bond connect won’t ruin interest in mainland equities: EY
The newly-launched bond connect will not outshine Chinese equities, as there’s enough interest and money for both, EY said China has been accelerating listings to reduce a backlog of IPOs and was expected to continue…
Chinese overseas property purchases crash through US$100b barrier in 2016
“Up to half of this new investment could go to property.” China last year surpassed Singapore as the largest source of Asian capital in the global real estate market for the first time, accounting for…
Chinese Shoppers Are Turning Their Backs on Foreign Brands
Foreign brands are falling from favor in China, the world’s biggest consumer market, according to reports by Nielsen Holdings Plc and Bain & Co. Domestic companies producing consumer goods such as food and beverages or…
Foreign Brands Capture Less of China’s Growing Consumer Market
Foreign brands are falling from favor in China, the world’s biggest consumer market, according to reports by Nielsen Holdings Plc and Bain & Co. Domestic companies producing consumer goods such as food and beverages or…
Should US companies doing business in China be worried?
Sandra Navidi, BeyondGlobal, LLC, and Li Zhao Mandelbaum, China Iowa Group, discuss whether US companies that are doing business in China should be concerned over North Korea’s missile tests and Trump’s tweets. ( read original…
China looks for free-trade deal with Canada to avoid Norsat controversy
While many Canadian business executives favour the idea of free trade with China, political rivals like Conservative Leader Andrew Scheer oppose it. Scheer told CTV last month that Canada would continue to have a “dynamic”…
Chinese deities flown on business class to Malaysia
Images of three revered Chinese deity statues went viral on social media after they were seen travelling in business class on a flight from China’s port city of Xiamen to the Malaysian capital Kuala Lumpur.…
China’s services sector loses steam in June: Caixin PMI
BEIJING, July 5 China’s services sector grew at a slower pace in June as new orders slumped, signaling renewed pressure on businesses after a pickup in May and pointing to a softening outlook for the…
