WeChat ban cuts off users link to families in China
Washington – U.S. President Donald Trump’s ban on transactions using popular Chinese messaging app WeChat will cut ties to families and friends in China, millions of users in the United States fear, as they become the latest casualties in the … Continue reading WeChat ban cuts off users link to families in China
HSBC implicated in Huawei CFO Wanzhou’s arrest ?
BEIJING – A Chinese government-backed website took aim at HSBC Holdings PLC on Tuesday, accusing the Asia-focussed lender of “maliciously” playing a role in the arrest of Huawei Technologies’ chief financial officer. Huawei CFO Meng Wanzhou’s is fighting against extradition … Continue reading HSBC implicated in Huawei CFO Wanzhou’s arrest ?
Chinese travel agencies expect a gradual recovery
Berlin/Shanghai – The COVID-19 outbreak has undoubtedly imposed enormous impact on the worldwide travel industry. The latest ITB China Travel Trends Report, conducted by ITB China, the largest B2B exclusive travel trade show in China, examines the impact on the planned travel … Continue reading Chinese travel agencies expect a gradual recovery
CHINA, CAMBODIA SIGN FREE TRADE AGREEMENT
PHNOM PENH — The free trade agreement between Cambodia and China will provide greater market access to Cambodian products and bring more benefits to the two peoples, the Cambodian Commerce Ministry said on Monday after the two sides wrapped up … Continue reading CHINA, CAMBODIA SIGN FREE TRADE AGREEMENT
Beijing: Resurgence of corona virus
BEIJING – Mainland China reported on Saturday the highest number of new coronavirus cases in four days, driven by a COVID-19 resurgence in the Chinese capital of Beijing. The National Health Commission reported 21 new confirmed infections in mainland China … Continue reading Beijing: Resurgence of corona virus
Alibaba and JD.com handle a record billion in sales
Hangzhou – Hangzhou – China’s two biggest e-commerce giants Alibaba and JD.com handled $136.51 billion of sales through their platforms during one of the country’s biggest shopping events. Known as 618 because it falls on June 18, the festival was … Continue reading Alibaba and JD.com handle a record billion in sales
China: Hygiene on food markets to be improved
SHANGHAI – Low standards of hygiene in China’s wholesale food markets and vulnerabilities in its food supply chain need to be urgently addressed after a new coronavirus outbreak in Beijing, a leading body of the ruling Communist Party said. The … Continue reading China: Hygiene on food markets to be improved
Corona: European Business community concerned
Beijing – Since 11th June, Beijing faced a fresh outbreak of COVID-19, with over 100 confirmed cases reported so far. The outbreak response has so far been centred on the Xinfadi wholesale market in Southwest Beijing’s Fengtai District. The authorities have … Continue reading Corona: European Business community concerned
Fu Ying: Chinese need to be more proactive
Beijing – On 9th June, the European Chamber held an exclusive dialogue with Madam Fu Ying, China’s former Vice Minister of Foreign Affairs, who is currently the Chairperson of the Centre for International Security and Strategy, Tsinghua University. Representatives from … Continue reading Fu Ying: Chinese need to be more proactive
EUROPEAN COMPANIES IN CHINA IN THE DARK
Beijing – The European Union Chamber of Commerce in China, in cooperation with Roland Berger, today released its European Business in China Business Confidence Survey 2020 (BCS). At a time when China-based European companies find themselves navigating in the dark due to the … Continue reading EUROPEAN COMPANIES IN CHINA IN THE DARK