Getting a decent present online for Valentine's Day has become a new norm to celebrate the annual event.
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.
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.
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.
Another peer-to-peer manager has disappeared and funds are now inaccessible to investors.
WeWork will open several locations in China including Yunan Lu, East Ocean Center and Huaihai Zhong Lu in Shanghai and Guanghua Lu in Beijing.
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.
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.
The recent embargo affects both Valve's employees as well as the people who play their games professionally.
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.
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, alongside her views on aging--the country’s single-largest economic threat undermining its vast potential for growth.
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.
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.
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.
