Zhang Jie, 29, an office worker from Shenzhen, Guangdong province, is passionate about cosmetics and fashion products. She often browses Red, known in Chinese as Xiaohongshu, an overseas shopping tip app to get information about fashion and shopping before she buys overseas brands and products.
China's securities regulator has ordered the founder of debt-laden internet company LeEco to return to the country before the end of the year to deal with the company's financial woes.
Wenzhou Kangning Hospital in Zhejiang province, China's largest private psychiatric healthcare group, is planning to raise additional capital of 193 million yuan ($29.5 million) through an initial public offering in the A-share market to fund its business expansion.
Suning Finance, a subsidiary of Suning Commerce Group Co Ltd, has added 15 new strategic investors including Yun Feng Capital - founded by Jack Ma, chairman of Alibaba Group - raising 6.3 billion yuan ($962 million), a move to offer diversified finance services and upgrade its retail customer's shopping experiences.
Setting economic policy has always been a tightrope walk for policymakers in China and 2018 seems to be no different. That said, the key objectives for most of this year was rebalancing the country's economic structure and fending off potential credit risks - and this will probably continue for the most of next year.
Honor, a leading Chinese smartphone brand that targets young users, said it had unveiled its global strategy to become one of the world's top five smartphone brands in the next three years.
The Shanghai free trade zone is fast becoming a destination of choice for global exhibition companies that are planning expansion in the country, according to a top official.
As the number of high-net-worth individuals (HNWIs) on the Chinese mainland is growing rapidly, distribution of wealthy individuals is becoming more geographically balanced, expanding from coastal cities to central and western regions, thanks to the mainland's industrial upgrading.
New York-listed material solutions provider Trinseo is planning to ramp up production and sales in China through a new Acrylonitrile Butadiene Styrene (ABS) plant in Zhangjiagang, Jiangsu province and leveraging the growth opportunities from China's boost in consumption.
The nation will have a rental housing market of 5.4 billion square meters with annual rental income of some 4 trillion yuan ($611.7 billion) by 2027, according to a new research note on the rental housing market.
China's power bank rental service provider Laidian Technology Co Ltd looks to steadily expand overseas businesses in the coming year, amid increasingly intense competition at home.
US cheese-producing states, especially Wisconsin, the nation's largest producer, will benefit from China's recent move to reduce tariffs on cheese from 12 percent to 8 percent.
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Raymond Zhou
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