Thursday, 22nd, 2018 | 1:25PM Updated

China Unicom
China Unicom’s Net Profit Decreased by 94.1%

China Unicom had a net profit of 630 million yuan, a 94.1 percent year-on-year decrease.

Chinese currency
Restricted Sectors for Investment to Be Specified in China’s Rules on Outbound Investment

China will publish this year the rules on outbound investments, specifying the sectors where Chinese firms are encouraged to invest and sectors that are restricted, Chinese state media reported on Tuesday, March 21.

Bosch Chairman Volkmar Denner
Bosch to Develop Internet of Things Solutions, Set Up New Plants in China This Year

Bosch GmbH, the German mobility, industry and software conglomerate, is planning to develop solutions for Internet of Things (IoT) as well as set up new Bosch plants in China this year, Bosch chairman Volkmar Denner announced on Monday, March 20.

G20 Summit 2017
Xiao: Changes Announced at G20 Summit Will Curb Growth of Global Economy

Xiao, who just attended the G20 Summit last week, says that policy uncertainties and the rise of protectionism can hinder global economic growth.

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Linklaters LLP
Scrutiny of Outbound Investments--A Stumbling Block for Chinese Acquirers

According to Linklaters, Chinese acquirers see a collapse of deals due to the scrutiny of outbound investments.

The China Development Forum was arranged by the Chinese government, a few days after the recently concluded National People’s Congress.
Global Elite Unite Against Protectionism at China Development Forum

At the three-day China Development Forum in Beijing, global elites came together to discuss U.S. President Donald Trump’s growing protectionist agenda and how future gains will be equally shared between nations, Bloomberg reported.

Standard Chartered to Invest More in China
Standard Chartered Has More to Invest in China

Standard Chartered Chairman Jose Vinals said the company will increase investments in China this year and participate in the Belt and Road Initiative.

Chinese shoppers stand at the check-out counters inside a Carrefour supermarket store in the Gubei district of Shanghai.
Alibaba, JD.com Invest in Chinese Courier Startups to Grab Slice in Online Grocery Shopping Market

The efforts of Alibaba Group Holding and JD.com when it comes to grocery shopping is now changing the behavior of Chinese consumers who are relying on neighborhood markets to shop.

President Xi with German Chancellor Angela Merkel
China, EU Forced to Unite for Free Trade as Trump Pushes for ‘America First' Policies

China and the European Union (EU) are being forced to thaw their decade-long tensions and unite to push for free trade because of U.S. President Donald Trump policies and his "America First" mantra, the Straits Times reported.

Experts and  observers are wary of a trade war ensuing between the U.S and China.
Trump Tariffs Potential Threat to Thriving Business Activity in China

Eric Li owns a glass factory in southeast China and business has been tough as high labor costs and stringent regulations put a strangle hold on operations. With President Donald Trump’s latest threat to impose tariffs on goods, the situation could get tougher, according to a report by Yahoo Finance.

Alibaba's Investment in Malaysia
Alibaba’s First Investment in Malaysia: Jack Ma to Announce Setting Up of Regional Distribution Hub

As part of its expansion moves in Southeast Asia, Alibaba founder and executive chairman Jack Ma, together with Malaysian Prime Minister Najib Razak, is expected to announce plans to set up a regional distribution hub in Malaysia, said to be Alibaba’s first investment in the country.

Brazilian Wineries
Brazilian Wineries Eye More Wine Exports to China

Brazilian wineries in South Brazil, especially those planning to export their products to other countries, are looking at China as a major customer, China Daily reported.

Hershey's chocolate bars
Hershey's Sales in China Down by 16.6%, Link with Lotte Group Deemed a Cause

Hershey's revenues for the quarter were below estimates by analyst after a decrease of 16.6 percent sales in China

People's Bank of China
China to Impose Higher Interest Rates, Following US Lead

The central banks of China and the U.S. are set to implement higher interest rates on the basis of differing reasons.

Asia-Pacific Economies
China Seen as Growth Driver for Asia-Pacific Regional Economy

Emerging economies in Asia, especially in Southeast Asia, are looking at China to drive and maintain the growth in the region as U.S. economic direction appears uncertain, according to VOA News.

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