Standard Chartered Bank, one of the three note-issuing banks in Hong Kong, will continue to expand in the city and mainland China in the coming years to cash in on the strong growth expected in…
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Meet the Xi Jinping Loyalist Now Overseeing China’s Economy
He Lifeng’s long career in government has spanned the extremes of China’s approach, from the early embrace of small business in the 1980s to today’s tighter state control.
Jack Ma returns to China as govt tries to quell private sector fears
Alibaba founder Jack Ma has returned to China, ending a more than year-long stay overseas that was viewed by industry as reflecting the sober mood of China’s private businesses and troubled …
China’s biggest export hub struggles to stay afloat amid uncertainties
Located 50 km from Shanghai, Kunshan used to boast up to 30 per cent higher wages than other provinces, but now the companies there are cutting back their production amid the slowing economy of China…
Club Med owner is bullish on China’s reopening, says resort is ‘definitely not for sale’
While there’s been a “significant demand for outbound travel” since China’s reopening, there’s still some catching up to do, Xu acknowledged. There was a strong rebound in Club Med’s business from the …
Saudi Aramco inks $12.2 bln China oil refinery, petchem complex deal
Guangdong, China’s largest provincial economy … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop …
Interview: Shipping giant Maersk sees growing business opportunities in China
“We are relatively optimistic about the Chinese economy for 2023 and see growing business opportunities ahead,” said Vincent Clerc, who is currently in China to attend the ongoing China Development …
Jack Ma’s Self-Exile Undercuts China’s Pitch to Private Business
Even as leaders voice “unwavering support” for the private sector, one of the country’s best-known entrepreneurs is choosing to remain overseas.
The cloud over China’s entrepreneurs raises capital flight risk
We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. Until recently Bao Fan was hardly a well-known name outside China, despite encapsulating …
Crypto groups expand in Hong Kong in bid to tap mainland China demand
Cryptocurrency companies are rushing to Hong Kong in the hope that the city’s high-profile push to become a hub for digital assets will help them to capture demand from mainland China to buy and sell…
China’s Top Brands Stay Cautious on Post-Covid Consumer Recovery
China’s biggest consumer brands, from sneaker makers to brewers, say they’ve seen a boom in demand as the country leaves the dark days of Covid Zero behind. But beneath the surface, a lingering sense …
Global IPO revival threatened by risks
Banking turmoil and recession risks are spelling trouble for the global initial public offering (IPO) market, keeping it mired in a slump even after investors started the year thinking that the worst …
We’re open for business, China says in renewed pledge to open markets
“[We will] continue to expand [China’s] market access, comprehensively optimise the business environment, implement national treatment for foreign companies, and make greater efforts to attract and …
