China’s online live streaming platforms raised more than 10 billion yuan ($1.5b) in the first half of this year, with most of the financing flowing into top players, according to a report by 21st Century…
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China’s got some distance to cover
Although China’s presence in the Asian scheme of things is growing, it’s still far from being the power it wants to be Is it the grand visionary scheme of the century that will transform Asia?…
Spectrum Brands is expanding into China
Rayovac hearing aid batteries, STP motor oil and George Foreman grills will soon be sold in China. Spectrum Brands Holdings, the Middleton consumer products company that markets those products and many others, says it has…
Why China can’t get enough of QR codes
Business cards, bikes and bills Beyond payments, the codes are now used for all sorts of services in China, like exchanging business cards and renting bikes. Chinese authorities are also getting on board. In Hangzhou,…
China agrees the UN must ‘take necessary measures’ to crack down on North Korea
Russia’s President Vladimir Putin (R) and China’s President Xi Jinping arrive to a documents signing ceremony during their meeting at the Kremlin in Moscow, Russia May 8, 2015. Reuters/Sergei Karpukhin BEIJING/VLADIVOSTOK, Russia (Reuters) – China…
Chinese logistics firm Best, backed by Alibaba, launches $932 million U.S. IPO
The Hangzhou-based company, led by Johnny Chou, a former Greater China president for Alphabet Inc’s (GOOGL.O) Google, plans to list on the New York stock exchange and the IPO will be equivalent to 16.4 percent…
China e-car venture Future Mobility names brand Byton, eyes U.S., Europe
SHANGHAI (Reuters) – Chinese electric-car venture Future Mobility Corp, co-founded by former BMW and Nissan Motor executives, has named its brand “Byton” that it plans to launch in the United States and Europe soon after…
Apple, Chinese Brands Beat Samsung’s China Q2 Sales Despite Galaxy S8 Release
Despite bringing its Galaxy S8 flagship phone to China, Samsung still failed to increase its sales in the country. Meanwhile, Apple managed to emerge as the top smartphone seller during the second quarter, with Chinese…
Chinese logistics firm Best, backed by Alibaba, launches $930 million U.S. IPO
The Hangzhou-based company, led by Johnny Chou, a former Greater China president for Alphabet Inc’s (GOOGL.O) Google, plans to list on the New York stock exchange and the IPO is expected to value Best at…
Goldman suspends work on U.S. IPO of HNA’s Pactera unit: sources
Goldman was not formally mandated for the IPO, which was in the early stages … It is seeking to raise capital through convertible bonds, two of the sources said. HNA, one of China’s most acquisitive…
How UK football expertise could help China win World Cup
That is creating opportunities for British firms as Chinese entrepreneurs, hoping to profit from President Xi Jinping’s edict to make China a successful football nation, seek overseas expertise. “I first launched a football business in…
China tells Trump that North Korea nuclear issue must be solved via talks
U.S. President Donald Trump and China’s President Xi Jinping chat as they walk along the front patio of the Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, U.S., April 7, 2017. REUTERS/Carlos Barria…
China wants to sign a post-Brexit trade deal with the UK, but the idea it’s going to happen quickly is fantasy
So what lies in store for the future of Sino-British trade relations? Business Insider spoke to five experts in UK-China relations, whose opinions and predictions appear mixed. Here, they answer the key questions: If the…
