The People’s Bank of China is “close” to issuing its own cryptocurrency, according to a senior official. The bank’s researchers have been working intensively since last year to develop systems, and … ( read original…
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Versace in trouble for tops implying Hong Kong is not part of China, brand ambassador Yang Mi ‘outraged’
Italian fashion brand Versace apologised to its Chinese customers on Sunday for producing a range of tops that suggested Hong Kong and Macau were separate countries. In a Chinese-language statement … ( read original story…
RPT-China’s builders brace for winter: buy less land as home sales weaken
After two years of breakneck growth, China’s property market hit a downturn in the second half of last year following a series of cooling measures by the government to contain prices. Beijing recently … (…
‘I have to get President Trump’s attention’: A mother’s anguish as her son faces the death penalty in China
That’s it. There’s no forensic evidence,” said Kamm, who has helped free hundreds of prisoners in China since the 1990s, in an interview with Global News. “Even with Chinese officials … ( read original story…
Typhoon Lekima leaves 32 dead in China, disrupts travel
Lekima, China’s ninth typhoon this year … estimating the economic losses at 16.6 billion yuan (USD $2.35 billion), the state news agency Xinhua said on Sunday. Xinhua reported that Qingdao … ( read original story…
There’s no easy path forward in Canada’s dispute with China, but there is a moral one
The Chinese embassy in Canada quickly issued an aggressive response, declaring that, “Hong Kong affairs are purely China’s internal affairs,” going on to chide Canada for making “irresponsible” and … ( read original story …)
Lack of G7, IMF support seen dimming impact of U.S. move on China’s yuan
WASHINGTON (Reuters) – China is unlikely to face serious consequences from the Trump administration’s decision to label it a currency manipulator given the apparent lack of G7 and IMF support … ( read original story…
Andy Murray to play Zhuhai and Beijing singles tournaments in China
Former world number one Andy Murray is to step up his return to singles by playing events in Zhuhai and Beijing. The Briton will make his singles return at this week’s Cincinnati Masters – seven…
Personalised skincare: Chinese tech firms muscle in on L’Oreal, Neutrogena and other beauty brands
Western skincare brands have introduced a new generation of tech-enabled devices that allow a hyper-personal approach to beauty and skin health. Now China’s leading photo editing company and … ( read original story …)
China’s SDIC says receives government approval for London IPO
SHANGHAI (Reuters) – China’s state-backed energy firm SDIC Power Holdings (600886.SS) has received government approval to issue 10% of its share capital as Global Depositary Receipts (GDRs) on the … ( read original story …)
Volatility in China’s yuan due to escalating U.S. trade friction: PBOC official
YICHUN, China/ SHANGHAI (Reuters … caution retaliation could widen in scope and severity, weighing further on business confidence and global economic growth. The yuan CNY=CFXS lost 1.6% … ( read original story …)
Versace Loses Chinese Brand Ambassador Amid T-Shirt Controversy
Versace has just lost its brand ambassador in China. Chinese actress Yang Mi said she’ll end her cooperation with the luxury fashion label after a controversy erupted online over claims that its … ( read…
China’s soft market turns brutal for domestic brands
SHANGHAI — Chinese brands continue to lose market share at home, and the biggest domestic automaker — Geely Automobile Holdings — is not immune, with sales tumbling more than 20 percent for the … (…
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