China will cut the burden on business by at least 1 trillion yuan (US$150 billion) this year through its new value-added tax regime and fee cuts, Chinese Finance Minister Xiao Jie forecast on Monday. In…
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China lifts ban on stinky cheese
China has reversed an import ban on several types of soft and mould-ripened cheese, including Roquefort, Danish Blue, Gorgonzola and Stilton. The authorities imposed the ban in September because the strains of bacteria used to…
China defends its trade with North Korea as permitted by UN
BEIJING — China on Monday defended its growing trade with North Korea as permitted by U.N. Security Council sanctions that say they should avoid hurting “humanitarian needs.” China, the North’s main trading partner, “strictly implements”…
Staying Legal in China: an Interview with Dan Harris
There are few, if any, aspects of doing business as a foreigner in China that are easy, but understanding local law can be the most difficult. Beyond the challenge of legal compliance, one must also…
Tencent unit China Literature launches up to $1.1 billion HK IPO
HONG KONG (Reuters) – China Literature Ltd, China’s largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital…
Qudian’s New York IPO underlines appetite for China’s fintech
Qudian, one of China’s largest online lenders, had a debut to remember on the New York Stock Exchange this week. Its shares closed up 22 per cent, making a multi-millionaire of founder and chief executive…
China says jobless rate lowest in years, but challenges persist
BEIJING (Reuters) – China’s unemployment rate has hit its lowest point in multiple years at 3.95 percent by the end of September, but employment still face challenges as the economy pushes ahead with structural reforms,…
China’s jobless rate lowest in years, but challenges persist
China’s unemployment rate has hit its lowest rate in multiple years at 3.95 per cent by the end of September, but employment and social security still face challenges as the economy pushes ahead with structural…
Here are the benefits and challenges of working in China’s growing tech scene
China, India, and Southeast Asia have all shown their great ambition as well as fast growing competence in the tech industry. Each of them enjoys a large population with numerous emerging needs in internet business.…
Banks Picked for Sinochem IPO – Sources
The IPO plan also comes amid Beijing’s latest push to revive its bloated state-owned enterprise sector via the so-called mixed-ownership reforms by injecting private capital into state enterprises. “Our people are preparing for it (IPO)…
China’s auto brands poised for the Next Big Leap
The most striking aspect of Chinese President Xi Jinping’s speech in Beijing on Wednesday was its astonishing length at over three hours, which got attention on social media. Yet, the significant aspect about his address…
Sinochem taps banks for Hong Kong IPO of oil assets: sources
The IPO plan also comes amid Beijing’s latest push to revive its bloated state-owned enterprise sector via the so-called mixed-ownership reforms by injecting private capital into state enterprises. “Our people are preparing for it (IPO)…
Sinochem taps banks for Hong Kong IPO of oil assets
The IPO plan also comes amid Beijing’s latest push to revive its bloated state-owned enterprise sector via the so-called mixed-ownership reforms by injecting private capital into state enterprises. “Our people are preparing for it (IPO)…
