China for adoption of foreign investment law
Beijing — Chinese lawmakers have called for swift adoption of a unified foreign investment law to further open the country. The opinion won wide support at a panel deliberation Wednesday on the draft foreign investment law, which was submitted to … Continue reading China for adoption of foreign investment law
ALIBABA: Anti-Counterfeiting Alliance successful
Shanghai – Since its launch in January 2017, the Alibaba Anti-Counterfeiting Alliance (AACA) has tripled in size, with over 105 brands registered and 12 industry categories represented. More global top names including Adidas, Estee Lauder, Levi’s, L’Oreal, Luxottica and Ralph … Continue reading ALIBABA: Anti-Counterfeiting Alliance successful
Beijing – China’s housing authorities have pledged to stabilize land and home prices in 2019 and ramp up the supply of rental housing to tackle home-affordability issues, state television reported. Following a furious boom, China since mid-2016 has gradually tightened … Continue reading
China : Mobike CEO Hu Weiwei quits
Beijing – Hu Weiwei, the founder of China’s leading bike-sharing platform Mobike, has quit from the position of CEO, according to an internal letter sent by the female entrepreneur Sunday. President of Mobike Liu Yu will succeed the role. Hu … Continue reading China : Mobike CEO Hu Weiwei quits
Chinese smartphone maker Gionee goes bankrupt
Shenzhen – Chinese smartphone manufacturer Gionee’s bankruptcy application has been accepted by the Chinese court in Shenzhen. Once a top smartphone manufacturer, Gionee has reportedly failed to pay its debt from various suppliers. The problem was compounded in November this … Continue reading Chinese smartphone maker Gionee goes bankrupt