The launch comes on the eve of a visit by China’s President Xi Jinping to the US to meet President Donald Trump. The two will discuss how to rein in North Korea’s nuclear and missile…
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Beijing's 'shock' measures seize property market, other cities follow suit
BEIJING (Reuters) – Ji Wei, a recently married photographer in her 20s, fears her plans to sell her Beijing apartment and upgrade to one costing 6.15 million yuan (716,381 pounds) will collapse because of new…
U.S. businesses want help with China, not a trade war
BEIJING/WASHINGTON – Although worried about the prospect of a trade war, American businesses operating in China nonetheless want President Donald Trump to wring some concessions on market access from China’s leader Xi Jingping when the…
China plans to build new city nearly three times the size of New York
Official news agency Xinhua said Xiongan’s creation would reduce pressure on China’s car-clogged, 22 million-resident capital, and “usher in a new chapter in the country’s historic transitioning to coordinated, inclusive and sustainable growth”. ( read…
China’s e-commerce boom part III: How can individual brands stand out?
As we enter the age of “new retail”, we ask Matthew Crabbe, Director of Research, Asia-Pacific at Mintel how both Chinese and overseas APAC brands can strive for market domination. Jack Ma, the founder of…
U.S. business seeks action, not trade war, in Xi-Trump summit
Jacob Parker, vice president of China operations at the U.S.-China Business Council, said the two presidents need to take “positive actions that would lead to a more durable relationship, not retaliatory actions that would lead…
Beijing slaps real estate ownership restrictions on residents
Beijing: Young Australians aren’t the only ones feeling locked out of a red-hot housing market that seems unfairly skewed towards their parents’ generation. Beijing median housing prices, which outstrip those in Sydney and Melbourne, have…
Hotel Lotte scraps IPO, stung by China's reprisal
SEOUL — Hit by China’s retaliation for the deployment of a U.S. anti-missile system in South Korea, Hotel Lotte has shelved plans for an up to $4.5 billion listing in Seoul until its duty-free business…
Xiongan district becomes hot property in China
These are external links and will open in a new window A sleepy district in Hebei province has suddenly become the centre of China’s latest property craze and the talk of the country. Over the…
Canada ‘a long, long’ way from China extradition deal: McCallum
Canada remains far from formally discussing, much less concluding, an extradition treaty with China, the new ambassador to Beijing says. “We are a long, long way from negotiations, let alone agreeing to such an agreement,”…
China introduces facial recognition technology to dispense toilet paper
Fed up with the theft of toilet paper from public bathrooms, tourist authorities in China’s capital have begun using facial recognition technology to limit how much paper a person can take. The unusual move —…
South Korea Lotte Group says will continue to invest in China despite tensions
SEOUL (Reuters) – South Korea’s Lotte Group will continue to invest in its China business despite diplomatic tensions over the deployment of a U.S. missile defense system, a Lotte executive said on Monday, denying rumors…
Li Na Land, reality TV and fashion — what China's tennis pioneer did next
(CNN)She may have hung up her tennis racket more than two years ago, but two-time grand slam champion Li Na is still winning big in business. China’s first major singles champion, Li has been busy…