Wednesday, 19th, 2018 | 2:30PM Updated

A couple kiss as they walk around a shopping mall on Valentine's Day in Beijing.
Getting a Decent Present from Online Retailers Now a Norm This Valentine's Day

Getting a decent present online for Valentine's Day has become a new norm to celebrate the annual event.

Once upon a time, Chinese billionaire Jack Ma dreamed of a China with better healthcare facilities, cheaper medicine, and a generally healthy populace.
China’s Digital Health Sector Stunted by Investment Decline

According to a recent report by Bloomberg, the startups and bigger corporations that form China’s digital health sector are struggling to earn a decent profit from their ventures.

A couple write on a heart-shaped sticker at a shopping mall on Valentine's Day in Beijing.
Chinese Couples Prefer Expensive, High-End Hotels on Valentine's Day

High-end hotels recorded a surge when it comes to the sales of their rooms as Valentine's Day approaches. Chinese couples prefer to spend more this Valentine's Day, making the demand for budget hotels lower.

Chinese yuan
China Implements Stricter Regulations on Nationals’ Foreign Accounts

As part of China’s bid to counter excessive capital outflows, the State Administration of Taxation (SAT) said that it will implement the localized Common Reporting System (CRS) to regulate foreign accounts of Chinese citizens across 101 countries.

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Many are fooled by fraudulent P2P Ponzi schemes in China because of the promise of big incomes.
P2P Manager Disappears with $145 Million in Tow, Funds Frozen

Another peer-to-peer manager has disappeared and funds are now inaccessible to investors.

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.

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, indiaretailing.com 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.

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