But it has been a lucrative business. Livestreaming last year alone was worth nearly $6-billion, investment bank China Renaissance Securities has estimated. In December, an estimated 344 million Chinese people tuned in to Internet livestreams.…
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BYD powers into monorail business
BYD, China’s biggest electric carmaker … He said diversification into rail transport would open up new business opportunities for BYD and drive the company’s development in the future. According to the company’s interim financial results,…
China’s land ministry says to continue targeted policies
SHANGHAI: China will continue its targeted policies to address demand and supply in the property sector and stay on track with land supply plans, the Ministry of Land and Resources said on Saturday. The government…
China’s manufacturing sector is purring as overseas demand soars
Business Insider. Activity levels across China’s manufacturing sector continue to improve. The Caixin-IHS Markit manufacturing Purchasing Managers Index (PMI) rose 0.5 points to 51.6 in August, leaving it at a six-month high. This PMI measures…
Caterpillar China reaches milestone
“Caterpillar China has striven to build an integrated system for its mini excavator business, covering local R&D and manufacturing as well as the provision of components and parts,” said Chen Qihua, vice-president of Caterpillar and…
Doklam incident won’t hit India-China business, trade ties: Senior Economist
XIAMEN: As the three-day BRICS summit is set to begin on Sunday in China’s south-western city of Xiamen, Senior economist Sumedh Devrokar said that India-China business ties will not be affected by the Doklam like…
China’s Alipay introduced to Finland’s biggest department store
“China is way more advanced in mobile payments,” said Virkkala … In collaboration with ePassi, Alipay was first introduced to Finland last year, and the business was highlighted by a launching ceremony of the Single’s…
China Molybdenum on the lookout for cheap mines overseas after fund raising, commodity cycle pick up
China Molybdenum, whose shares have tripled in the past 14 months during which it sealed three deals to buy US$5.3 billion worth of mining assets overseas at the trough of the commodities market, is eyeing…
Ex-B.C. teacher quits Beijing private school after past sex history revealed
A former B.C. teacher has resigned from his job at Beijing’s Huijia Private School after Postmedia News revealed his past sexual contact with students. Robert John Robertson was stripped of his teaching credentials last year…
Understanding China key to brand protection success
China presents specific challenges to trademark owners but success in the Asian marketplace is possible, according to a new white paper. Published by MarkMonitor, the paper – titled Best Practices for Brand Protection and Effective…
A brief explainer on the BRICS summit in China’s Xiamen
As China prepares to host next week’s summit of leaders from Brazil, Russia, India, China and South Africa, some are questioning whether the club of fast-developing nations is viable anymore given economic woes and sharp…
As Luxury Brands Connect With China’s Young, the Dangers of Debt Loom Large
Last week, a young man tried to end his life by jumping off a bridge and into a river after accumulating over 100,000-yuan in debt. He had borrowed the money from an online credit company…
RYB Education Aims For $100 Million IPO
I’ll provide an update as management discloses more details about the IPO. Quick Take Beijing-based RYB Education (RYB), an early childhood education company, intends to raise $100 million in gross proceeds from an IPO of…
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