Western dominance in advanced military systems can no longer be taken for granted. China accounted for a third of Asia’s military spending in 2016 and was looking to sell more arms abroad, the International Institute…
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China's Xi says officials should prevent abuse of power
including China’s once powerful domestic security chief, Zhou Yongkang. Speaking at a workshop on fighting graft, Xi said leading officials must practice strict self-discipline and “eliminate special privileges”, state news agency Xinhua said late on…
China discovers pregnant sea monster that gave birth to live babies rather than laying eggs
AN extraordinary fossil unearthed in southwestern China shows a pregnant long-necked marine reptile that lived millions of years before the dinosaurs with a developing embryo, indicating this creature gave birth to live babies rather than…
As MNCs Retrench, Reigniting the Power of Global Brands
Indeed, there are few local products that compete at a price premium versus international brands. This advantage, however, should not be taken for granted. In some sectors, local players are lifting their game. China’s Alipay,…
How Your Small Business Can Sell in China Today
Small business has been a big focus for President Trump and his administration. Recently, he met with Alibaba Group CEO Jack Ma, where they declared their joint intention to help create a million new U.S.…
China says no return to old capital controls
Pan Gongsheng, head of State Administration of Foreign Exchange, was quoted in China Business News on Monday, saying that China’s forex management policies will balance efforts between guarding against risks of cross-border capital flows and…
Trade, investment remain stability source for China-U.S. relationship
President of the U.S.-China Business Council (USCBC) told Xinhua in a recent interview. Bilateral trade surged from 2.5 billion U.S. dollars in 1979 to 519.6 billion dollars in 2016, an increase of 211 times, data…
110 Japanese firms went bankrupt in China last year: Report
BEIJING: About 110 Japanese firms went bankrupt in China last year, a research report said, highlighting challenges in doing business in the world’s second largest economy. A new report by Tokyo Shoko Research showed that…
China's auto sales slow sharply in January
A visitor and his child try out a new car at an auto show in Wuhan, Hubei province. [Photo/Xinhua] BEIJING – The growth of auto sales in China slowed sharply in January, affected by holidays…
China FX regulator surveying Shanghai firms
SAFE is also looking at the operations of US-invested firms in China, including their business models and whether those firms will move production to other countries or divest from China. ( read original story …)
Recent Trump win on China trademark raises ethics questions
Trump’s late triumph in the fight to wrest back his brand for construction services could prove to be the first of many intellectual property victories in China during his presidency. Each win creates value for…
Here are China's top businesswomen, according to Forbes
Dong Mingzhu,president of GreePhoto: YouTube screengrab Lucy Peng, or Peng Lei, chair of Ant Finance, ranked at third, was one of three people to make the list from Alibaba Group and its affiliates. Here’s a…
Beijing bans high-emission vehicles in anti-smog move: Xinhua
SHANGHAI China’s smog-hit capital Beijing will ban high-emission vehicles from Wednesday as part of its efforts to combat pollution, the official Xinhua news agency said, citing the local government. Concerned about the damage done to…