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China’s social e-commerce to reach $170b in 2018

China’s social e-commerce is expected to reach 1.14 trillion yuan ($170 billion) in 2018, up 66.7 per cent…

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China’s property loans to individuals see slower growth

China’s property loans to individual purchasers grew at a slower pace in the second quarter as government restrictions…

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E-House Lower in Hong Hong debut

China’s largest real estate service provider, E-House China Enterprise Holdings, saw its share price decline today — its…

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China Is Home to 120 Fortune 500 Companies

Fortune magazine released its 2018 Fortune 500 list on its website yesterday. China is home to 120 companies…

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Central Bank Issues Guidelines on Asset Management Rules Implementation

China’s central bank on Friday issued guidelines on the implementation of overarching rules for the asset management industry,…

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Weaker USD and Reversal in Positioning to Boost Gold

In a recently published report, TD Securities analysts argued that a weaker USD and reversal in positioning could…

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ZTE Nails Orders From China’s Big Three Telecoms After US Lifts Ban

ZTE won orders worth more than CNY500 million (USD74 million) from China’s three largest telecom operators soon after the US lifted a…

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Chinese Yuan tumbles amid expectation of monetary easing by PBOC

Chinese yuan tumbled on Thursday as investors increasingly expect that the central bank will ease monetary policy in…

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Xiaomi Fintech Unit Fumi Technology Closes USD30 Million Round-B Funding

Hunan province-based Fumi Technology, a financial technology startup incubated by mobile phone behemoth Xiaomi, announced yesterday that it…

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Tencent-Backed Chinese Quroa Hits USD2.5 Billion Valuation

Zhihu, the online question-answering community backed by Tencent Holdings, has raised USD300 million in funding, valuing the platform…

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China Vows to Respond to Steel, Aluminum Tariffs

China will take further measures to compensate for losses caused by the US Section 232 tariffs on steel…

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Chinese iQiyi Buys Mobile Game Developer

Nasdaq-listed video streaming service provider iQiyi Inc. said Tuesday it took over Chinese mobile game developer Skymoons Digital…

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China Increased US Treasury Bonds for First Time in Three Months

China boosted its holdings of US treasury bonds in May, snapping three straight months of declines. The largest…

China economic growth
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China’s New Home Prices Climb at Fastest Pace in Nearly Two Years

Prices of new homes in China increased at the fastest rate in close to two years last month…

Pingduoduo IPO US
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Chinese Pinduoduo Doubles Nasdaq IPO Target to US$1.87 Billion

Pinduoduo, China’s leading online group discounter, has nearly doubled the amount of money it aims to raise through…

China economic growth
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Chinese Economy Shows Turning Point, Further Slowdown Expected

China’s economic growth moderated as expected in the second quarter amid ongoing government efforts to cut debt levels…

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Faraday Future’s Founder Jia Yueting Gets to Stay as CEO Till Year-End

Jia Yueting, the embattled Chinese businessman who founded Faraday Future, will be allowed by its biggest shareholder to…