Wednesday, 27th, 2024 | 5:39PM Updated

An employee counts 100 yuan banknotes at the Korea Exchange Bank headquarters in Seoul.
China Keeps Yuan Afloat by Selling $194 Billion US Treasury Bonds for Six Straight Months

China has kept the yuan from further decline and prevented capital outflows by selling U.S. government bonds at a record pace for six months.

U.S. President Donald Trump speaks at the CIA headquarters on Jan. 21, 2017 in Langley, Virginia .
China's Property Mogul Takes Swipe at US President Trump in Video

A Chinese real estate mogul has taken a swipe at the newly sworn-in U.S. President Donald Trump in a nine-minute year-end video for the company, Forbes reported.

Jack Ma, founder of Alibaba Group, faulted the United States for its $14.2 trillion expenditures on war over the last 30 years than on its own people.
Louis Vuitton, Samsung, Swarovski Join Alibaba in Fight Against Fakes

Chinese e-commerce giant Alibaba wants everyone to know that it is serious in its fight against fake goods, this time by partnering with 20 brands through an alliance that aims to oppose counterfeits using big data.

Workers work in a new housing project on the outskirts of Shanghai in 2010.
China’s GDP: 6.7% Growth in Fourth Quarter Gives China's Economy Steady Push, Momentum in 2017

China’s economy received the needed thrust to head into a challenging year, as it reported a steady 6.7 percent GDP growth in the fourth quarter last year.

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Customers shop at a Walmart store in Skokie, Illinois.
Millions of Americans Working in Retail Stores Threatened by Amazon Expansion

Millions of people working in U.S. retail stores are at risk of losing their jobs if Amazon continues with its plan to expand to other sectors, according to an article by marketwatch.com.

A woman handpaints jars of rice wine in a rice wine factory in Shaoxing.
What's the Fastest Growing Alcoholic Drink in China? ‘Liquid Cake,’ Not Imported Wine

Yellow rice wine, also known as ‘liquid cake’, is now gaining popularity as the fastest growing alcoholic drink in China, posting nearly 8 percent sales volume last year, according to brokerage firm China International Capital Corp. (CICC).

Alibaba's Jack Ma speaks before U.S. small businesses.
Technology Can ‘Empower’ Small Businesses: Alibaba’s Jack Ma

Alibaba founder and executive chairman Jack Ma expressed his desire to help small businesses using technology, during a recent interview on CNBC’s “Halftime Report” on Wednesday, Jan. 18.

Alibaba's Jack Ma at the World Economic Forum in Davos
Alibaba's Jack Ma ‘Real-talks’ US: Do Not Blame China for Economic Woes; Blame Your Investment Strategy

Alibaba founder and executive chairman Jack Ma candidly gave his view of the U.S. during an interview with CNBC at the World Economic Forum in Davos, Switzerland.

A manager is providing a feedback on her employee's performance
How to give constructive criticism

Your ability to give constructive feedback is an essential management tool and when this is done, your employees should be able to understand that it is because you care enough about them and you want them to do their best.

A worker holds a sign at the first bitcoin retail store to open in Hong Kong on Feb. 28, 2014.
Bitcoin Trading: How Big Is China’s Real Bitcoin Market?

It is estimated that China’s bitcoin markets account for about 98 percent of trading in the global bitcoin market but contrary to this, it is lower at about 80 percent, according to an article by coindesk.com.

A Chinese clerk counts renminbi yuan banknotes at a bank in Huaibei, Anhui Province.
Chinese Yuan Still in Top Five Currency List as Govt Intensifies Long-term Plan to Promote Currency Use

China is pushing efforts to implement long-term measures to prop up the yuan, which includes promoting the Chinese currency’s use in international trade and boost market liberalization, according to economists.

Woman holds job fliers and wipes away tears as she becomes emotional after getting laid off from her current job.
Ways to bounce back after being laid off

Laying off is one of a company's quickest ways to cut down costs when business begins to go south, but of course, companies still try to exhaust other cost-cutting methods before they even resort to cut workers. However, if this happens in a business and you happen to be one of the unfortunate ones in the list, it will definitely be a surprising and painful moment. It is never easy to accept that you just lost your job unless you are working in a seasonal industry where layoffs occur regularly.

The new VW e-Golf electric automobile, manufactured by Volkswagen AG (VW), is unveiled at the automaker's factory in Dresden, Germany, on Nov. 17, 2016.
China’s NEV War: Volkswagen to Unveil 8 New Energy Vehicles in China

The Volkswagen Group is set to join the competition in the largest new-energy market in the world as it prepares to launch eight new energy vehicles (NEVs) in China, based on a document leaked onto the Internet, Forbes reported.

North American International Auto Show features latest car models
Audi to Join Competitive Market in Building Electric Cars in China

Audi joins the trend with Chinese company FAW Group in catering to the increasing demand for electric cars in China. China is the investment hub in Asia when it comes to electric cars as a likely consequence of the government's stricter rules in emission.

A man walks past the Agricultural Bank of China Ltd., the nation's third-largest lender by market value, as government cracks down on lending to curb loan expansion.
Misreading of China’s Financial Condition Making Investors Miss Potential Opportunities: Expert

Analysts made a mistake when they said that the China’s credit bubble could be a major potential risk for investment in 2017. Instead, it should be seen as an opportunity to buy stocks and make money out of it, according to an expert at the one of Asia’s biggest asset managers.

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