James B. Heimowitz says the challenge for international brands in China will be to live up to the increasing demands of consumers, whether or not they are inspired by the Chinese Dream.
People in the West still have not "got their heads around" the astonishing changes in China over the past 20 years, a leading BBC foreign correspondent says.
Humphrey Hawksley Foreign correspondent, BBC Born: United Kingdom Education: 1965-72: Saint Lawrence College, Ramsgate, Kent Career 1973: Became trainee journalist
Makers of musical instrument in Wuqiang embrace modern tech
A town in Hebei has a grand plan to turn itself into the Vienna of the East
The term negative list has become a catchphrase since the Chinese government decided to adopt one list in its negotiations on a bilateral investment treaty with the United States last July. On Sept 30, China announced its first negative list in governing foreign investment, applying it to the Shanghai (China) Free Trade Zone.
The China Securities Regulatory Commission's decision to permit stock market access between the mainland and Hong Kong is likely to have a far-reaching impact on the Shanghai and Hong Kong bourses. Under the proposed plan, investors from the Chinese mainland and Hong Kong can freely invest in stocks listed in the reciprocal cities.
Alibaba is a curious phenomenon. The Chinese e-commerce market-maker has recently announced plans to list its shares on the US stock markets, through a massive initial public offering, making it the largest tech IPO ever. Following that, in terms of market capitalization, it would perhaps find its place between Facebook and Walmart, as some analysts predict.
Japan's direct investment in China plunged in the first four months of 2014, with many Japanese companies taking a wait-and-see attitude amid uncertain bilateral business relations.
Taxi clients using mobile applications to book cabs will no longer be subsidized by providers of those services, China's two most-used taxi-hailing app companies said on Friday.
The deceleration of China's economy may continue during the current quarter, but an uptick in some leading indictors point to improvement in the months ahead, an economist from a government think tank said on Friday.
Lee Beng-Hong, head of markets at Deutsche Bank China, rescheduled his interview with China Daily three times. He flies across the country to meet clients and business partners who want ever more to move the yuan in their pocket over the border.
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