China made further headway in cutting tax for enterprises in 2017 via its ongoing reform to replace business tax with value-added tax. A total of 918.6 billion yuan (145.98 billion U.S. dollars) was saved last…
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Billions worth of business deals expected
China and the United Kingdom are sealing business deals worth up to 9 billion pounds ($12.75 billion or 80.7 billion yuan) during British Prime Minister Theresa May’s visit, the Ministry of Commerce said on Thursday.…
Behind kerfuffle over a ‘nationalized 5G network,’ real US-China concerns
The more difficult challenge will be reconciling Western economic ideals with China’s development strategy in cutting-edge technologies. At stake are trillions of dollars of business in industries that entrepreneurs are just beginning to dream up…
In Aramco IPO, China talks crucial for choice of listing venue: sources
LONDON/DUBAI (Reuters) – Saudi Arabia wants to complete talks with strategic investors such as China, Japan and South Korea before deciding where to list shares in state oil company Saudi Aramco, three sources familiar with…
Britain’s May meets China’s Xi on visit focused post-Brexit
May said business deals worth more than 9 billion pounds ($13 billion) will be announced before her visit ends Friday. Bolstering ties with China became more urgent after Britain voted in 2016 to leave the…
China’s January factory growth remains strong as output accelerates: Caixin PMI
China’s manufacturing sector sustained growth at multi-month highs in January, a private business survey showed on Thursday, as factories continued to raise output to meet new orders, suggesting resilience in the world’s second-largest economy. The…
An inside look at China Eastern’s Boeing 777 first and business classes
Flyers who prefer to travel in style now have the chance for a sensational inflight experience aboard China Eastern Airlines’ latest-generation Boeing B777-300ER, operating from Melbourne and Sydney to Shanghai between December 17 till 10…
China Jan Factory Growth Remains Strong as Output Accelerates-Caixin PMI
BEIJING — Growth in China’s manufacturing sector remained elevated in January, a private business survey showed on Thursday, as new business led factories to raise output at the start of the year. The reading suggested…
China, UK set up business council
China and the UK decided to set up an entrepreneurs’ council during British Prime Minister Teresa May’s visit in China from Jan. 31 to Feb. 2, seeking to enhance trade and cooperation. The China-UK entrepreneurs’…
China Southern A380 Business Class In 10 Pictures (Hint: The Service Was Awful)
Hello from Guangzhou! I just flew China Southern’s A380 business class on the 15hr10min flight from Los Angeles. I was curious to see how this flight would turn out, given the, ahem, interesting experience I…
Hong Kong seen winning mega-IPO from Xiaomi after reforming listing rules
Alibaba Group, which chose New York over Hong Kong for its US$25 billion share listing in 2014, still holds the record for world’s biggest technology IPO. The Beijing-based company has appointed Credit Suisse, Deutsche Bank,…
Ping An’s ‘Good Doctor’ wins Hong Kong IPO approval despite losses
Ping An Healthcare and Technology, China’s largest health care and online medical platform, has been accepted by the Hong Kong stock exchange for an initial public offering (IPO), despite making hefty losses for the past…
Donald Trump brands China a major rival in US reboot of great power strategy
US President Donald Trump named China as a major US competitor on both economic and military fronts in his first state-of-the-union address, another sign that Washington is putting great power rivalry at the heart of…
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