As part of the latest push into Asia, the bank is plowing billions of dollars into wealth services in China. HSBC has hired 600 wealth managers …
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US and China are now battling for control of the world’s big-data monsters and dragons – and it’s not about money
As the tech war between the United States and China heats up, the political controversy between who ought to own and control ‘big data’ has similarly ignited, and is now about to land a bombshell…
Evergrande: China’s fragile housing giant
Chinese housing giant Evergrande is one of the country’s largest and most indebted private conglomerates, teetering on the brink of bankruptcy after years of rapid growth and a buying spree. Crippled …
China and WTO can help level playing field in services trade sector
The “Made in China” tag is now a worldwide phenomenon. Chinese products have improved the welfare of millions of people through affordable consumer and industrial high-tech products.
Why China’s slowing growth need not worry emerging Asia
Investors’ perception of the greatest tail risk from China has shifted notably in recent months. Earlier in the year, overtightening of macro policies in China was viewed as a key risk to the global …
China’s service sector shrinks, as markets await US payroll report – business live
China’s service sector has tumbled into contraction, as the pandemic hits activity and demand. The Caixin/Markit services Purchasing Managers’ Index (PMI) plunged to 46.7 in A …
China’s new stock exchange plans fuel fears of a bourse war
The bank added that the implementation of a registration-based IPO mechanism on the Beijing exchange paves the way for the rollout of the listing system on China’s main boards. Currently …
China’s Zhenhua Oil seeks tie-up with local firm for first gas terminal – sources
China’s Zhenhua Oil is in advanced discussions to join a provincial government-backed firm to build a natural gas receiving terminal in east China, the first import facility the state-run trader will …
Redmi Buds 3 China launch date set for September 6
Redmi, the sub-brand of Xiaomi, launched a new pair of truly wireless earphones called Redmi AirDots 3 Pro. A little over three months later, the brand has announced to release yet another TWS product …
After Government Crackdown, What’s Next for China’s Edtech Firms?
After posting stellar growth in 2020, Chinese education technology, or edtech, firms took a serious hit this summer. Concerned about high-stress education and falling birthrates, the government …
China PET bottle chip export situation brief in Jan-Jul 2021
According to the Customs, China PET chip export volume totals 293kt in Jul 2021, y-o-y growing 56%, including 48kt for HS code 39076910, y-o-y up 164%, and 245kt for HS code 39076110, y-o-y rising 44%…
EU-China business fair to power common growth
The 16th EU-China Business and Technology Cooperation Fair will further help China share its market opportunities with European countries amid its opening-up efforts and assist the two sides to …
The latest target of China’s tech regulation blitz: algorithms
Chinese authorities’ plans to regulate algorithms likely runs counter to business interests and sets a precedent for other countries, analysts said.
