Saturday, 24th, 2018 | 1:18AM Updated

The lobby of WeWork branch in Shanghai, east China.
Co-working Space Operator WeWork Expanding in China

WeWork will open several locations in China including Yunan Lu, East Ocean Center and Huaihai Zhong Lu in Shanghai and Guanghua Lu in Beijing.

A man walks out of a shop displaying a bitcoin sign during the opening ceremony of the first bitcoin retail shop in Hong Kong.
People's Bank of China Warns Bitcoin Exchanges Against Money Laundering, Margin Trading

In a further step to tighten regulation over the digital currency, China's central bank has warned the country's Bitcoin exchanges against money laundering and margin trading.

Once upon a time, Chinese billionaire Jack Ma dreamed of a China with better healthcare facilities, cheaper medicine, and a generally healthy populace.
Alibaba's Anti-Piracy Fight Is Challenged as It Finds Fake Complaints on Intellectual Property Protection Platform

Alibaba finds that companies are making false complaints about "fake products" on its online platforms, and it is making its anti-piracy fight a bit trickier.

Intel Corp. CEO Brian Krzanich (L) looks on as Gabe Newell, co-founder of video game developer and distributor Valve, speaks during the 2014 International CES on Jan. 6, 2014.
Video game developer Valve reacts to US travel ban; 'The International' to move overseas

The recent embargo affects both Valve's employees as well as the people who play their games professionally.

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Digital Payment through Paytm
Alibaba’s $200 Million New Funding to Boost Paytm’s E-commerce Business

China’s Internet giant Alibaba is set to inject $200 million into Paytm, which will give India’s mobile wallet service provider a valuation of about $1 billion and boost its e-commerce business, said in an article.

Employees assemble photovoltaic panels at Suntech Power Holdings Co.'s factory in Wuxi, Jiangsu Province.
EU Plans to Extend Import Duties on Chinese Solar Panels

A plan to extend the import duties on Chinese solar panels to 18 months has been proposed by the European Commission, a period that was shorter than earlier planned, and which also includes a gradual phase-out, Reuters reported.

Jane Sun, currently CEO of China’s largest online travel services company Ctrip, has embarked on a fulfilling journey to the top of the Chinese travel boom.
Ctrip CEO Jane Sun’s Journey on Boosting China’s Travel Industry, Fighting Aging Problem

Jane Sun, currently CEO of China’s largest online travel services company Ctrip, has embarked on a fulfilling journey to the top of the Chinese travel boom, alongside her views on aging--the country’s single-largest economic threat undermining its vast potential for growth.

A customer checks the latest currency exchange rates at a bank in Shanghai.
China Lost $1 Trillion--How It Happened

The People’s Bank of China announced on Tuesday, Feb. 7, that the country’s foreign exchange reserves dropped by $2.998 trillion in January, which put the reserves below the symbolic $3 trillion threshold, the New York Times reported.

People line up at a currency changer in Hong Kong.
China’s Forex Reserves Drop Below $3 Trillion Mark But Still World’s Highest, SAFE Says

China’s foreign exchange reserves are “still the highest in the world, although slightly below the scale of three trillion U.S. dollars,” the State Administration of Foreign Exchange (SAFE) said on its website.

A China Express Airline Bombardier CRJ900 plane
China Express Airlines to Launch IPO

China Express Airlines plans to launch an initial public offering (IPO) by issuing up to 40.5 million shares on the Shenzhen Stock Exchange later this year.

An aerial view of the Shanghai Disney Resort.
Walt Disney Has High Hopes for Chinese Theme Park

Chief Executive Officer Bob Iger credited the Parks and Resorts segment's promising sales to the opening of the Shanghai Disney Resort.

A flight attendant walks through a CRJ900 regional passenger plane.
China Express Air May Become First Listed Chinese Regional Airline

China Express Air, an airline based in Chongqing, is on track to become the first listed Chinese regional airline, as it has a proposed initial public offering on the Shenzhen Stock Exchange later this year.

An investor watches the electronic board at a stock exchange hall on Feb. 3, 2017 in Hangzhou, Zhejiang Province.
PBOC Refrains from Adding Cash by Suspending Open-Market Operations, Insists Liquidity Stable

The People’s Bank of China (PBOC) has decided not to offer open-market operation, through reverse-repurchase (reverse repo) agreements, for three consecutive days, adding that the market is already stable and current liquidity levels are high, according to the central bank statement posted on its website said.

A container ship from China Shipping Line is loaded at the main container port on Aug. 13, 2007, in Hamburg, Germany.
China Calls for Companies to Join OBOR Initiative

China’s Ministry of Commerce said on Thursday that Chinese investment in countries and regions along the Belt and Road Initiative will pay off in the long term and called for companies to join in on the campaign.

A Note 7 is held by hand to show the aftermath of the smartphone explosion.
Galaxy Note 7 battery supplier caught fire

The factory of the Samsung Galaxy Note 7 battery supplier burst into flames. Despite the incident dispatching numerous firefighters and trucks from the local fire station, Samsung SDI still claimed that the incident was a minor fire.

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