In a short space of time Alibaba’s Ant Financial has created—and scaled—a diverse set of financial products and services: from online payments to cloud computing and data services.
Does China’s debt, which refuses to stop growing, threaten to take the show off the road?
The Asian Infrastructure Investment Bank has ruffled many feathers even before its formal launch. We bring you the lowdown on what it is and how it compares with the World Bank and the Asian Development Bank.
The China statistics you need to know: from data on growth in R&D spending to flagging automobile sales and China’s precious metal exports.
This week, China’s factory activity improved a little even as factory employment figures slumped; Adobe announced its intention to shutter its China R&D center while other MNCs remain upbeat; and the Alibaba share price fell after last week’s spectacular IPO.
This week, figures from the HSBC/Markit PMI implied that the Chinese economy might finally be on the path to the much-need structural change; local government financing got a new breather; and Baidu launched its Google Glass competitor, Baidu Eye. The Broader Picture Last week, a flash Purchasing Manager Index (PMI) reading from HSBC and Markit […]
This week, China industrial production figures revealed a slower growth from last year; Lenovo and Tencent reported profits while sportswear manufacturer Li-Ning suffered yet another battering; and Alibaba restructured its relationship with Alipay. The Macro Picture China’s GDP growth bounced back to the target rate of 7.5% in the second quarter, but newly released data […]
This week that was: China releases a moderate stimulus package; Alibaba picks up a stake in Intime Retail; Huawei scores a profit surge in 2013; and minimum wages in major Chinese cities rise. New stimulus for a slowing China China’s economy hasn’t bounced back as much after the Chinese New Year in February. On Tuesday, China’s official […]
Since 2009, property prices stubbornly climbed upwards, despite government attempts to cool the market. But not any longer. Average house prices fell by 0.3 percent in November–their third consecutive monthly decline on the China Real Estate Index System. The size and effect of the price drops are still unclear, but it doesn’t look like property […]