One evening in downtown Vancouver last November, some of B.C.’s political and business elite rubbed elbows with executives of one of China’s largest state-owned corporations, China Poly Group. They were celebrating the launch of a…
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China bans new business units by North Korea
A view of the Shanghai Free Trade Zone. China’s commerce ministry has banned North Korean nationals from setting up new businesses in the country, enforcing recent UN sanctions as Washington urges Beijing to do more…
China Bans New Business with North Korea
China has banned new business ventures with North Korea, the Chinese Commerce Ministry said in a statement late Friday. The action is in line with the United Nations Security Council sanctions passed earlier this month.…
China’s big four state-owned banks set to announce improved first-half profit
China’s big four state-owned banks are expected to report modest net profit gains for the first half of this year, according to analysts, an improvement from the first half of 2016 when net profits remained…
China’s R&F Properties roars back into the spotlight on Wanda deals
the five Guangzhou-based property developers are commonly known as the “Five South China Tigers” for their aggressive business style. In 2007, R&F ranked No.4 in terms of sales nationwide, but it slipped to 25th place…
China’s traditional food giants struggle to stay relevant in digital age
Among the string of Hong Kong-listed companies filing earnings results this month, food companies whose focus is mainland China have reported mixed performances, with those seen as technology savvy having the upper hand in attracting…
Luxury from China: Secoo files for a $100 million US IPO
The Beijing, China-based company was founded in 2008 and booked … The article Luxury from China: Secoo files for a $100 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com.…
China’s school dropouts a growing concern for economy in transition
HUANGCHUAN VILLAGE, China (Reuters) – Every day after lunch, Qu Yexiu used to potter around her house in north west China doing housework and looking after her two-year-old grandson. Now, every day after lunch, Qu…
In China, the Party’s push for influence inside foreign firms stirs fears
The presence of party units has long been a fact of doing business in China, where party organizations exist in nearly 70 per cent of some 1.86 million privately owned companies, the official China Daily…
Exclusive: In China, the Party’s push for influence inside foreign firms stirs fears
The presence of party units has long been a fact of doing business in China, where party organizations exist in nearly 70 percent of some 1.86 million privately owned companies, the official China Daily reported…
China’s buzzing sharing economy may not be real, but the money sure is
Inspired by the huge success of companies that make a business out of sharing cars and housing, China is going through a bout of a sharing boom, with increasing number of seemingly shareable products and…
China’s COFCO considers sale of Nidera in divestment effort: sources
Any sale would mark an abrupt change in strategy, as COFCO looks to restructure its business as part of wide-ranging reforms of China’s state-owned companies. Two sources say COFCO has tapped investment bank Morgan Stanley…
Western brand, Chinese characteristics: Club Med at Guilin
My wife and I were experienced China travellers but Club Med newbies, and we were curious about how the brand would translate there. The country is a relatively new but expanding market for the company,…