China’s billionaires are having a field day under US President … according to the daily ranking. Andy Kiersz/Business Insider Their financial performance has lagged behind that of the broader market, with the S&P 500 and…
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Taiwan's Foxconn 'definitely bidding' for Toshiba chip business
southern China. Toshiba is considering selling the majority – or all – of its marquee flash-memory chip business, as it seeks to make up for a $6.3 billion writedown from its nuclear operations. Gou declined…
CITIC 'plans domestic IPO' to boost capital
[Photo/China Daily] BEIJING－CITIC Trust Co, China’s largest trust firm, is planning an initial public offering on the domestic stock market to boost its capital, according to sources. CITIC Trust General Manager Li Zimin announced the…
China's “Millennium Business Capital” Guangzhou hosted a roadshow meeting of 2017 Fortune Global Forum in Hong Kong
HONG KONG, Feb. 28, 2017 /PRNewswire/ — Along with the opening of the 2017 Fortune Most Powerful Women International (MPWI) Summit in Hong Kong, Guangzhou municipal government hosted a roadshow meeting of 2017 Fortune Global…
China Feb factory growth beats expectations as orders pick up
The services sector accounted for over half of China’s economy last year and for the majority of growth, as rising wages give Chinese consumers the opportunity travel and eat out more. Improving business conditions in…
NT business urged to prepare for Chinese visitors
THE first steps in preparing Territory tourist operators to be “China ready” for the 30,000 Chinese visitors targeted by Tourism NT has been completed. About 40 operators across a range of areas including hospitality, retail…
CHINA: We hope US defense spending 'can benefit the maintenance of global peace and stability'
The People’s Republic of China flag and the U.S. Stars and Stripes fly along Pennsylvania Avenue near the U.S. Capitol in Washington during Chinese President Hu Jintao’s state visit, January 18, 2011. REUTERS/Hyungwon Kang BEIJING…
China's financial regulators keep lid on emergent risks
China faces eight major risk areas in the financial sector … focus more on functional regulation that would address supervision of cross-sector financial business. Regulation capability and cross-sector coordination should be improved to prevent ……
The Brands That Matter Most to Chinese Consumers (And Why)
As the second largest consumer market in the world, brand relevance is of increasing importance in China. Brands, both local and foreign, face increasing competition and evolving consumer needs that have intensified brand building. Late…
China's coal consumption falls for 3rd year in a row
BEIJING, China – China’s consumption of coal fell in 2016 for a third year in a row, official data showed Tuesday, as the world’s top polluter increasingly grapples with its massive pollution challenges. The National…
Interpreting China's Monetary Aggregates And Its Relation With Shadow Banking Business
M2 and social financing are two mirrors of Chinese money supply and each measurement reflects different aspects of the money flow. Three items, namely trust loans, entrust loans, and Banker’s Acceptance Bills, comprising social financing…
China Mobile retains spot as world’s third most valuable telecoms brand
China Mobile retained its ranking this year as the world’s third most valuable telecommunications brand, behind US network operators AT&T and Verizon Communications. Hong Kong-listed China Mobile, the world’s largest wireless network operator, had a…
China arrests 800 in crackdown on underground banking
BEIJING, China – More than 800 people have been arrested in a crackdown on unlicensed banking operations as Beijing tries to stem outflows of money from the country, the police ministry says. More than 380…
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