Monday, 19th, 2018 | 11:32PM Updated

Beijing Apartment Building Under Construction
China’s Top Property Developers Among Those Penalized for Violating Property Sale Ban

Some business apartment projects belonging to China’s top property developers Vanke and Evergrande and offices 15 real estate agents were ordered closed by Beijing authorities on Monday, March 27, after they were found violating the government ban on property sale, which was aimed at cooling China's red-hot housing market.

Alibaba's APASS Club serves as the e-commerce firm's
Alibaba Holds Australian Luxury Tour for Alibaba Passport Club Members

Seven Alibaba Passport club members are partaking in an ongoing luxury tour to Australia. The trip aims to connect Australian luxury brands with affluent Chinese consumers.

Opening of China's Financial Sector
China Industrial Profits Surge, Boosted by Rising Prices of Commodities

A 31.5 percent increase in earnings were recorded by Chinese industrial firms in the first two months of 2017, compared to the same period last year, as prices of commodities, from coal to iron ore, soared while imports have started to pick up.

A young Chinese man in front of a computer
Young Chinese Investors Set Sight on Online Products

China's younger retail investors are increasingly patronizing online wealth management products.

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Del Monte Products
Del Monte to Increase China Sales

Del Monte Pacific Ltd. (DMPL) is increasing its China sales with the goal of business expansion.

Pashmina Shawl
Pashmina Products to Boost China-Nepal Trade

The Nepali government will promote its pashmina products through the OBOR to boost China-Nepal trade.

People's Bank of China Governor Zhou Xiaochuan said central banks should no longer seek
No More Easy Money for China’s Economy: Experts

China’s monetary policies are expected to become tougher this year, but experts say a liquidity crunch is unlikely for the world’s second-largest economy.

China-Canada Trade Relations
China to Bring Workers to Work in AIIB-Funded Projects in Canada as Part of China-Canada Free Trade Deal

As part of the negotiated trade deal between China and Canada, China is planning to buy Canadian companies and bring Chinese workers to Canada to work on projects, which will be mostly funded by the Asian Infrastructure Investment Bank (AIIB).

Chinese yuan
Reassessing Chinese Outbound Investment Amid Capital Flight

For years, incoming foreign direct investment (FDI) was essential for China’s exports and the development of its economy during its labor-rich era. However, FDI has since decreased with more outbound direct investment (ODI), according to a report by CCTV news.

Chinese currency
Beijing Opening Up Doors to Investment in China

China is planning to significantly decrease the number of sectors closed to foreign investment, according to a report by Star News Online.

Boao Forum 2017
NDB, AIIB to Co-Finance Infrastructure Projects Along Belt and Road Countries

The New Development Bank (NDB) is considering a partnership with the Asian Infrastructure Investment Bank (AIIB) to fund infrastructure projects along the Belt and Road countries as more members are expected to join, according to NDB's vice president.

Airbnb China Social Marketing Specialist Haina Xiang speaks during Connecting with Hosts Around the World at Clifton's Cafeteria.
China's Home-Sharing Services Face Issue Due to Lack of Unified Standards and Regulations

The home-sharing and home rental services in China are currently facing concerns due to the lack of unified standards and regulations.

A pedestrian walks by a Nike store.
Nike, Adidas Lean on Brand Prestige in China

Nike, Adidas, New Balance and Under Armour are banking on their brand prestige to ward off domestic competitors.

A contract signing ceremony between Anta and the NBA
China's Anta Sports Suffers Dip in Share Sale

Anta Sports shares went down by 8 percent after the company announced that it would sell new shares in a private placement.

Chinese-made UAV
Saudi Arabia Inks Deal to Build Unmanned Aerial Vehicles for China

Saudi Arabia has agreed to build unmanned aerial vehicles (UAVs) for China after the signing of a partnership agreement on March 16 between Saudi Arabia's King Abdulaziz City for Science and Technology (KACST) and the China Aerospace Science and Technology Corporation (CASC), IHS Jane’s Defense Weekly reported.

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