China’s 270 million migrant laborers — most of them ambitious and opportunistic — have proven indispensable to a business that prizes flexibility. Last summer, Apple contractors reportedly hired 100,000 workers to ramp up production of…
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China may look at banks' cross-border yuan business in risk assessments: Caixin
SHANGHAI China’s central bank is considering including cross-border yuan business into its assessment of macro-prudential risks in the country’s financial system, online finance magazine Caixin reported on Saturday, citing unnamed regulatory sources. ( read original…
Market research: Alberta's trade missions to Asia are putting a friendly face on business deals
But China comes in second with $3.3 billion … it gives Albertan companies the green light to do business. Of course those relationships are important everywhere, but “they’re especially critical in Asia,” Bilous says. Yet…
China sets world record for patent applications
China is driving Asian-led growth in innovation worldwide, becoming the first country to file 1 million patent applications in a single year, according to the World Intellectual Property Organization. Tara Joseph reports ( read original…
China currency dips to lowest level versus dollar in 8 years
BEIJING, China – China’s central bank has set the value of the yuan at the currency’s lowest level against the U.S. dollar in eight years. The “parity rate” for the yuan, also known as the…
A global business thriving on people's love for art
Art collecting has been active and auctions have done well in China over the past few years as Chinese moguls have splashed out on masterworks. How do you describe Christie’s business in China in recent…
China, EU political, business heavyweights end Hamburg Summit
Several European and Chinese political and business heavyweights delivered speeches in Hamburg on Thursday to mark the end of the two-day Hamburg Summit “China Meets Europe”. The summit drew numbers of senior officials, entrepreneurs and…
Facebook bowing down to China's censorship overlords is bad for business
It’s been staring us in the face for a couple of years now. From Mark Zuckerberg’s bromance with Xi Jinping (he even went so far as to ask the Chinese President for possible baby names)…
China defends Chinese takeovers of German firms: newspaper
Gabriel made a similar point during a visit to China earlier his month, urging the Chinese government to reduce barriers for German firms wanting to do business there. So far this year, Chinese investors have…
China Eastern to connect YVR with Nanjing
China, starting on Dec. 20. This new, year-round service marks the first connection between Canada and Nanjing, a city rich with tourist attractions, education and business opportunities. A China Eastern Airbus A330 airliner fronts the…
Why China’s new cybersecurity law is a threat to international businesses and innovation
Close to 400 million people in China do most of their payments using their smartphones. China’s overall business in information technology is a market of well above USD $300 billion, and it is estimated that…
Skyscanner sold to China travel firm Ctrip in £1.4bn deal
Skyscanner, the UK-based travel search business, has been bought by Ctrip, China’s biggest online travel firm. The deal values Skyscanner at about £1.4bn ($1.75bn). The firm, which has its headquarters in Edinburgh, is available in…
Small Alberta businesses seek a new frontier in China
For more than two decades, Darryl Nelson has built a business in Spruce Grove, Alta., cleaning dirt. Oil, pesticides, PCBs – if it spills, chances are he can find a way to extract it from…
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