Saturday, 17th, 2018 | 10:37AM Updated

China's Electronics Retailer Suning
Online and Offline Retail Linking Key to Future Growth in Retail, Alibaba Exec Says

Merging both online and offline retail, not dividing retail into smaller channels, could be the key to the future growth in retail business, an Alibaba executive said, according to an article by

Employees at work in's headquarters in Beijing.’s New Spinoff Finance Unit to Rival Alibaba’s Ant Financial in China's Online Finance Market

A new online finance company is set to challenge Alibaba’s Ant Finance as announced plans on Thursday, March 2, that it would spin off its finance business for $2.1 billion, as part of its expansion efforts into the online finance market.

The 200 wealthiest members of the National People's Congress and Chinese People's Political Consultative Congress (CPPCC) have an accumulated wealth of around $507 billion.
Richest Lawmakers in China Valued at $500 Billion: Hurun Report 2017

According to a report from Hurun, China's 200 richest lawmakers have a combined fortunes worth over $500 billion. The list includes first-generation Chinese billionaires.

Alibaba's Jack Ma
Alibaba Expansion: Online Store Daraz Seen as Next Choice for Jack Ma’s Acquisition

Daraz, an online store that operates in Pakistan, Bangladesh, Myanmar and Sri Lanka, is seen as a likely target for Jack Ma’s expansion, following the $1 billion deal to acquire Lazada last year.

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Founder and CEO of Chinese hotel group Huazhu, Ji Qi (R), French Foreign Minister Laurent Fabius (C) and Accor hotel group CEO Sebastien Bazin (L) give a press conference following their meeting.
China Lodging Group Limited Acquires Crystal Orange for 3.65 Billion Yuan

China Lodging Group Ltd. one of the nation's top hotel companies, agreed in acquiring Crystal Orange, a boutique hotel operator for 3.65 billion yuan. This is the latest sign of consolidation in the fragmented hotel industry.

A passenger uses app on the phone to check mileage of a yellow rental bike at the service points of Zhoujiazui Road.
Ofo Completes Largest Single Deal Investment in Bike-Sharing Industry

Ofo, a bike-sharing startup at China, announced that it has completed a 3.1 billion yuan D-round financing that is led by global investment institution Digital Sky Technology.

In 2016 alone, Chinese firms bought an array of US companies, technology, and property estimated to be worth around $45.6 billion.
China Goes on a US Buying Spree But Avoids Hollywood Firms

Big Chinese companies are on a billion-dollar U.S. buying spree, but avoids Hollywood altogether in order to prove regulators that money is not being transferred to safer assets abroad, CNBC reported.

Manufacturing in China
Expansion of China’s Manufacturing Sector for 7 Straight Months Sign of Stable Economic Growth: Govt

The expansion of manufacturing in China for the seven consecutive months shows that Chinese economy is moving steadily as government data show, the Xinhua News Agency reported.

As a country with a large economic output, China is poised to shine brighter on the world stage.
China Keen to Take Global Economic Leadership Role

Since Donald Trump took over the White House, the United States has pivoted from its role of an economic global leader and turned toward economic nationalism. Meanwhile, China expresses its interest in assuming the role, an article by USA Today reported.

In 2016 alone, Chinese firms bought an array of US companies, technology, and property estimated to be worth around $45.6 billion.
American Businesses Show Optimism in Investing in South China: Surveys

Reports from the American Chamber of Commerce noted that businessmen from the United States show positivity towards investing in South China. Many consider that the business environment in the region as either "good" or "very good."

Australian Infant Formula
China’s Infant Formula Supply to be Affected by Delay in Bellamy's CFDA Registration, Board Troubles

China’s supply of baby formula from Bellamy’s Australia may face delay as trouble in the company’s board has stalled its registration with China Food and Drug Administration (CFDA), the Sydney Morning Herald reported.

New Chairman of China Banking Regulatory Commission
Newly Appointed Head of China’s Banking Regulatory Body to Tackle Bad Loans, Shadow Banks

The appointment of Guo Shuqing as chairman of the China Banking Regulatory Commission (CBRC) is seen as a decisive move by Beijing to improve the country’s financial system amid a rapid economic growth.

Trading of U.S. Stocks
China’s Economic Growth Credited for Driving Record-High US Stocks

The growth of the Chinese economy is seen as the key factor in the recent rally of U.S. stocks in the market, an analyst said in a note on Monday, Feb. 27, CNBC reported.

Apple prepares to inaugurate 'Apple Park' and commemorate 'Steve Jobs Theatre'

Apple announced that Apple Campus 2 will be opening for employees to move in this April, while officially naming the site "Apple Park." Accommodating more than 12,000 employees to the site will take more than six months, the company said and few smaller building construction and landscaping will proceed into the summer.

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