China

Luxury automakers drive online sales on Tmall.com

China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.

Swiss Watchmaker Tag Heuer Opens Flagship Store on Tmall.com

Tag Heuer launches flagship store on Tmall.com, China's largest third-party e-commerce platform for brands and retailers, in an attempt to target the internet-savvy younger generation.

London and European Stock Market Rallied Following Surge of China's Export

London's FTSE 100 rose on Wednesday to reach record high. European shares continued its rally led by mining stocks as China reported increase of export.

US Seeks to Strengthen Economic Relationship with ASEAN to Counter China

As China has increased its influence in Southeast Asia, U.S. stepped in. United States plan to match China in rebalancing Asia by increasing partnership with ASEAN.

Prime Minister Li Keqiang is Optimist for China's Economic Recovery

In the annual Boao Forum for Asia (BFA) last Thursday, Premier Li Keqiang deliver keynote speech. He pledged the government will refrain to intervene in economic and market.

Volkswagen Introduced Its New Luxury Sedan, Only for China Market

Volkswagen unveiled Phideon as its new luxury car today, ahead of Geneva International Motor Show. The successor of Phaeton will only be sold in China.

Ren Zhiqiang: Latest Victim of China’s Tougher Cyber Laws: Mulls For Further Toughening

China has been widely criticized for strict cyber laws. On Sunday, the communist government has mulled its legislative power to impose ban on accounts of former Chinese tycoon, Ren Zhiqiang. While around 40 Chinese journalists have been confined in jail as victims of tougher cyber laws, the communist government is going to enact further tougher laws on March 10.

Chinese job market dries up with a slowing economy

The Chinese job market has hit a dry spell, with job postings dropping across all sectors at an alarming rate. These findings, put together by the data restructuring company Quanton Data, throw up a pretty grim scenario, specially for the freshers who are about to step into the job market this summer.

China Startup: Venture Firm Qiming Received $648 Million in Venture Capital Fund from Princeton University and Duke University

One of China’s biggest venture capital firm, Qiming, secured its fifth US dollar venture capital fund in total of $648 million. The fund will help expand the firm’s investments in Chinese top startups in various sectors such as internet, consumer, technology, healthcare, as well as cleantech.

Wanda Group will invest $2.3 billion to build three hospitals in China

China's Wanda Group had signed an agreement with the UK based International Hospital Group to build three hospitals in China. The agreement marks Wanda Group first entry into the booming health care business in China.

Beijing air quality is improving

Beijing environmental authorities reported that Beijing's air quality in 2015 was better compared to 2014 despite the city's first two red alerts for pollution. Besides that, Beijing also reported a total of 186 days with air quality meeting the national standard for 2015.

Philippine Follows Vietnam in Protesting China’s Proclamation Over Spratly Islands

After Vietnam, Philippines, a close US ally, has described China’s efforts as acts against its sovereignty. All the three neighboring countries contend for the ownership of the probably oil/ gas enriched Spratly Islands. Not only the hidden mineral resources but also the geographic location of the islands, has led the neighboring countries to dominate one of the busiest naval routes.

China is building its second aircraft carrier amid maritime tensions

China defense ministry confirmed that its building a second aircraft carrier. The new carrier was designed in China and is being constructed in the port of Dalian.

Evergrande buys a series of new projects from New World China

Evergrande Real Estate Group Ltd. will buy $3.2 billion worth of projects from the Hong Kong billionaire Cheng Yu-Tung’s family-controlled companies.

China passes new controversial anti-terrorism law

China’s legislature passed a controversial new anti-terrorism law that allow the government to request for sensitive information from technology firms. Among the information that could be requested includes encryption keys for individual data.

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