Wednesday, 27th, 2024 | 1:32PM Updated
Overseas acquisitions by Chinese businesses abroad may slow down as Chinese authorities keep watchful eye on some companies making overseas investments amid concerns of excessive money flowing out of China’s borders.
China’s newly appointed Commerce Minister Zhong Shan looks forward to meeting Wilbur Ross, his “excellent” U.S. counterpart.
Since he assumed his position as China’s premier in 2013, Li Keqiang has taken up the cudgels for reform. He is also better known for using metaphors to describe his job.
The richest women in China tend to touch on both service-based and technical enterprises, both of which account for the success of the Chinese economic miracle. More astounding is the fact that many of them are self-made, countering any possible refutations alleging the success of their male partners.
Alibaba, China’s largest online retailer, is negotiating with banks as it looks to accumulate $5 billion in loans to fund various corporate purposes. This comes amid efforts by several Chinese tech companies looking for new funding to fuel their ongoing expansion efforts.
Despite being among the world’s leading online retailers, Alibaba deems itself to be in “startup mode” in Europe, as it prioritizes the development of e-tail market innovations set to change the online retailing landscape over the next decade.
While Chinese authorities have introduced restrictions on property investments in Anhui Province last year, property speculators continue to invest in China’s property market, especially in Hefei, hoping that the government will ease the curbs on the sector to support growth, Reuters reported.
Chinese luxury homes earned the world’s biggest price gains last year while three Chinese cities made it to the top of 100 best home locations.
China’s ongoing structural reforms, which centers on the promotion of consumer-led growth, are poised to drive its economy toward “enormous dynamism”, according to Mexican experts.
Chinese financial regulators led by the People’s Bank of China (PBOC), are moving closer to adopting a clear and official regulation to manage the operation of bitcoin exchanges in the country, Business Insider reported.
China continues to attract several foreign investors, with the world's second-largest economy continuing its growth from strength to strength. However, one prominent Australian diplomat emphasized that doing business in China should take on the form of intensive engagement.
Tensions between China and South Korean on the THAAD deployment issue has intensified, pushing global cruise giants Carnival Corp and Royal Caribbean Cruises Ltd to cancel their China-based cruises to South Korean ports, Channel News Asia reported.
According to the latest forecast of eMarketer, mobile is on pace to become the leading advertisement spending channel in China. It is predicting that 60 percent of total media advertisement expenditures and close to 82 percent of digital ad spending will be dedicated to mobile by 2021.
Lotte Shanghai Foods has been ordered to stop production by Chinese authorities after it escalated the country's economic retaliation for the deployment of a U.S. missile-defense system in South Korea.
China has granted preliminary approval for 38 Trump-related trademarks, paving the way for U.S. President Donald Trump and his family to develop branded business ranging from mining and construction to hotels and resorts, official documents show.
A "Golden Bridge of Silk Road" structure has been erected in Beijing's Olympic Park.