Every time they tour China, executives of MNCs in the retail sector tell me they are amazed by the vast spread of markets across the country, and why they can't stop thinking on how to ensure their products or services reach every nook and cranny of the country.
Immediately after the US announced that it was raising tariffs on an additional $300 billion worth of Chinese products on Aug 1, the US stock market tanked. By Aug 5, the Dow Jones Industrial Average had fallen 3.3 percent and the S&P 500 index had fallen 3.7 percent.
The People's Bank of China, the Chinese central bank, started an interest rate reform on Aug 20, which we regard as a pragmatic start to unifying the "dual tracks" of interest rates - one for rates in the money market and the other for lending rates.
What does it take to extinguish the fire of curiosity? A few drops of rain, a few gusts of wind or a full-blown typhoon?
China is encouraging local authorities in regions with appropriate conditions to set up no-go zones for gasoline cars and use more new energy vehicles for public transport, which analysts and industry insiders say will help boost the industry's development.
The majority of property developers in China reported continuous but slowing profit growth in the first half of 2019. Industry experts said that this reflects that a stable development trend is emerging in the nation's real estate market.
Shanghai's tech-focused STAR Market achieved a stable debut with reasonable stock price fluctuations in its first trading month, underpinned by pilot market-oriented mechanisms, the Shanghai bourse and analysts said.
Shanghai-based conglomerate Fosun International Ltd signed a strategic cooperation agreement on Thursday with the local administration of Jiading district to advance the development of intelligent manufacturing and industrial automation in Jiading which is well-known for its automotive industry.
A lot of voices were warning of another rout in the A-share market when it broke the previous low on Aug 5 and then bridged a gap left over from Feb 25 the very next session.
China is gearing up to be one of the few truly mobile-first economies in the world, which is spurring foreign mobile marketing and analytics companies like AppsFlyer to target opportunities in the country.
The growing number of Chinese mobile gaming companies exploring overseas markets due to competition at home has created an opportunity for AppLovin, a leading US mobile game marketing platform and publisher.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
