China stocks rose sharply on Thursday, as the blue-chip CSI300 index posted its best day in more than nine months despite the surprise decision by Moody’s to downgrade the country’s sovereign credit rating a day…
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Event Recap: Golden Bridge to China
One of the key themes in the panel discussion was the importance of understanding the fundamental differences between the business culture in China versus in the United States. Filled with “must read” stories, industry news…
China presents huge potential for US exporters, trade report says
[Photo/Agencies] As China’s total imports are expected to reach $8 trillion in the next five years, it will bring immense business opportunities for companies in the United States to further balance bilateral trade, the Ministry…
China is on the cusp of its own ‘American Dream’
Today – as I’ll explain in a moment – China is on the verge of something similar. Investing in the U.S. stock market in 1950 was a once-a-century opportunity. US$1,000 in the S&P 500 Index…
China’s tech IPOs likely to reach a record high this year
TOTAL proceeds from the initial public offerings from Chinese technology firms reached US$1.2 billion in the first quarter this year, the highest number of IPO deals around the world, according to PwC’s quarterly Global Technology…
Belt And Road To Launch China Brands
Belt And Road To Launch China BrandsAt the 121st Canton Fair, which has just concluded, Gree exhibited a full range of intelligent home appliance products, all of which are the results of its own independent…
China’s Geely buys stakes in Malaysia’s Proton, Lotus
Geely is one of China’s biggest independent auto brands. Founded in 1986 as a refrigerator manufacturer, it started producing motorcycles in the 1990s and launched its first car in 2002. It bought Volvo from Ford…
Chinese manufacturers fuel global smartphone sales
This trend had benefitted China’s domestic manufacturers including Huawei, Oppo, and Vivo, which built on their strategy to offer affordable devices with features that users wanted, the research firm said. Together, Chinese smartphone makers accounted…
Consumer Trends in China and India’s F&B Industry
China and India are increasingly consuming global brands and foods in tandem with their rapid development. The two countries are, after all, the largest and fastest growing economies in the world, and account for one-third…
China’s Geely Purchases Lotus, Plans to Restore the Brand’s Lost Luster
China’s Zhejiang Geely Holding Group Company has decided to purchase a 49.9 percent stake in Proton from Malaysian conglomerate DRB-Hicom and a majority share of the United Kingdom’s Lotus Cars. Geely seems to have an…
China’s credit rating downgraded amid fears over slowing economy
China’s credit rating has been downgraded by Moody’s for the first time in almost 30 years over fears that slowing growth and rising debts will weaken the world’s second largest economy. The agency lowered China’s…
China’s Xi urges Taiwan business lobby to back ‘one China’ principle
BEIJING Chinese President Xi Jinping urged a business lobby for Taiwan enterprises on the mainland to support the “one China” principle and contribute to unity between Beijing and Taipei, state media said on Wednesday. China…
China downgraded by Moody’s for first time since 1989 – business live
Over in the City, shares in Marks & Spencer have hit their highest level in 12 months. That’s a little surprising, as the retailer reported a 10% fall in underlying profits (and a 65% slump…