Beijing-owned Air China airline has ended flights to the capital of North Korea Pyongyang, due to a lack of passenger demand. Flights were “temporarily suspended due to unsatisfactory business operations,” said an Air China employee,…
Tagged By business
China’s Li Tells Japanese Business Group That Ties Are Improving
Chinese Premier Li Keqiang told Japan’s biggest ever business delegation to Beijing that ties between Asia’s two biggest economies has been gradually improving. Li, who was re-elected last month as the Communist Party of China’s…
Air China suspends North Korea flights, deepening isolation
Flights were “temporarily suspended due to unsatisfactory business operations,” said an employee of Air China’s press office who would give only his surname, Zhang. A foreign ministry spokesman, Lu Kang, said he hadn’t heard about…
China’s reit market could surpass US’ if barriers were removed, says Peking University
Throughout history, China’s securities market has listed about 40 billion yuan worth of quasi-reit products, in essence asset-backed securities or business trusts, according to the report. Andrew Kam, director of Savills Shanghai valuation, said ……
China urges talks after US brands N.Korea a terror sponsor
China called Tuesday for extra efforts to resolve the North Korean nuclear crisis through talks after US President Donald Trump re-branded Pyongyang as a state sponsor of terrorism. Beijing has repeatedly pushed for negotiations to…
China supports Cambodia’s ban on political opposition
Chinese Foreign Minister Wang Yi speaks during a joint press conference with Iranian Foreign Minister Mohammad Javad Zarif in Beijing, China December 5, 2016. Reuters/ Greg Baker Chinese Foreign Minister Wang Yi told his Cambodian…
Japanese business delegation arrives
A record 250-strong delegation of Japanese business and entrepreneurial heavyweights left Tokyo for Beijing on Monday, kicking off their annual China visit. The delegation includes the heads of Japan’s three business groups, namely Shoji Muneoka…
China’s Tencent becomes first Asian firm to enter $500 billion club
A big business for Tencent’s recently listed publishing arm, China Literature, is to sell its popular novels and have them turned into dramas and video games by Tencent’s other business lines. Tencent this month announced…
Why Brands Shouldn’t Treat the Hong Kong and Mainland Markets the Same
Brands often talk about marketing in Greater China. However, considering the strong cultural differences in the different markets that constitute Greater China, which includes China, Hong Kong, Macau, and Taiwan, firms can run into issues…
Katy Perry Visa Denial? Here Is A Sociopolitical Checklist for Hiring Celebrities in China
In recent years, foreign luxury brands in China have heavily relied on celebrities to enhance brand recognition and gain customer loyalty. Though this strategy can bring about repercussions when brands work with someone who does…
China’s turn to Western capital may be riskier than it appears
Noah Smith is a Bloomberg View columnist. China is opening its financial firms to more foreign ownership. The opportunity might seem tempting. But developed-world buyers should beware – it’s possible that it’s a trap. On…
China Med Device Helps Promaxo Secure Key Funding and Distribution Partner
China Med Device, LLC (CMD) congratulates its client, Promaxo, Inc., on partnering with MicroPort Scientific Corporation for its office-based MRI technology. ANDOVER, MASSACHUSETTS, USA, November 20, 2017 — NORTH ANDOVER, Mass. – October 1, 2017…
China is winning electric cars ‘arms race’
HONG KONG (CNNMoney) – China is outmaneuvering the U.S. and other countries in the global scramble for a vital element for electric cars. As demand for the vehicles surges, Chinese companies have been doing deals…