Wednesday, 27th, 2024 | 3:28PM Updated

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.

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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.

 Dong Mingzhu (R), Chairman of the Board of Gree Electric Appliances Inc. of Zhuhai, and Yuan Baocheng, the former mayor of Dongguan city and newly appointed vice governor of Guangdong Province.
Meet the Most Powerful Businesswomen in China This Year

Gree Electric president Dong Mingzhu has proven once again that she is indeed one of the "toughest" entrepreneurs in the country as she headlines Forbes China's Top 100 Businesswomen ranking this year.

A consumer buys food at a Kentucky Fried Chicken outlet in Beijing, China.
Yum China Surpasses Profit Estimates with Promising KFC Sales

Yum China Holdings Inc. posted a profit of 17 cents a share with the help of its growing KFC chain.

Curbing outflows stands as a practical move to keep the yuan stable, what with the crash threatened by the Aug. 2015 conundrum.
Investing in China: Capital Outflow Restrictions a Bane to Foreign Investment?

China remains bent on controlling capital outflows over fears that the yuan might lose further grip on stability since its sudden devaluation in Aug. 2015--a factor that runs at odds with the country’s current effort to open the economy to further inbound foreign investment.

A laptop computer displays Wikipedia's front page showing a darkened logo on Jan. 18, 2012 in London, England.
Daily Mail unreliable source says Wikipedia, Still site linking may continue

Daily Mail has been considered by as unreliable source by Wikipedia. Thus, leading to the changing of existing citations to the Daily Mail to a more reliable source as deemed by the English Wikipedia.

Wealthy Chinese mainland households typically earn around 136,00 yuan ($19,800) annually, according to Gavekal Dragonomics.
US-Based E-Commerce Company Offers Mobile Messaging App for Chinese Women Seeking Top Fashion Brands

An e-commerce company based in the U.S. is looking to tap into young, fashionable and tech-savvy Chinese women by selling them top fashion brands through mobile messaging.

Hershey Co. is one of the most popular snack brands in the world.
Hershey's Overall Sales Increase, Despite Plunge in China

Hershey Co.'s sales performance in China plunged 11 percent. Nonetheless, its overall sales in the fourth quarter of 2016 rose by 3.2 percent.

Chinese President Xi Jinping and Iranian President Hassan Rouhani pose during a meeting at Saadabad Palace in Tehran, Iran, on Jan. 23, 2016.
China Hits US over Sanction List on Iran after Inclusion of Chinese Firms, Individuals

China has expressed disapproval on Monday, Feb. 6, over the United States’ new sanction list aimed at Iran after Chinese companies and individuals were included in the list, Reuters reported.

The People's Bank of China recently announced it is increasing its standing lending facility (SLF) short-term loan and reverse repurchase agreements (reverse repos) rates.
PBOC Hints Shift from 'Loosening Bias' to Neutral Monetary Policy

In an announcement made by the People's Bank of China, the standing lending facility (SLF) short-term loan and reverse repurchase agreements (reverse repos) rates will be increased to help control market liquidity. The move is seen by experts as signal of the country's shift to a more neutral monetary policy.

According to China Daily, funds continue to flow into Hainan Province’s real estate market.
Pleasant Climate Attracts Investors to Hainan Province

Hainan Province, China’s only tropical region, is expected to receive more real estate investors in the near future due to its favorable weather and natural beauty, according to an article by China Daily.

Earlier this year, EU trade commissioner Cecilia Malmstrom discussed EU's willingness to partner with China to fight protectionism.
China Backed by EU Trade Commissioner in Fight Against Protectionism

In the fight against protectionism worldwide, China has found a supporter: the European Union, according to a report by Reuters. There is one condition, however--China must show it can play fair on trade and investment.

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