Hong Kong’s Hang Seng index advanced 0.5 per cent to 27,667.39 while the Shanghai Composite index added 0.1 per cent to 3,294.41. Australia’s ASX/S&P 200 bucked the region’s trend, falling 0.5 per cent to 5,742.90 as commodity prices dropped. ( read original story ...)
Exposed! 8 China business leaders feasting on Gupta corruption spoils
Now, he serves as Secretary of the Party Committee, Vice-Chairman of ZPMC, and also as Chairman for ZPMC Offshore Business.” Says Shanghai Zhenhua: Huang was “born in 1975, male, EMBA, senior engineer. He started to work in August, 1996 and ... ( read original story ...)
Apple doubles down on China as rivals pull ahead
SHANGHAI/BEIJING (Reuters) - Apple Inc (AAPL.O) is binding itself more closely to China as its share of the world's biggest smartphone market slips and it becomes more reliant on selling services which require government approval. A flurry of recent action ... ( read original story ...)
While Other U.S. Companies Flee China, Starbucks Marches In
one that Mr. Schultz believes “will have a larger consumer impact than the opening of Shanghai Disney.” The story of Starbucks in China is a nearly 20-year journey that may be a case study for American companies that have struggled to do business there ... ( read original story ...)
Tiandihui seeks fresh funds to expand to supply chain finance
Shanghai Tiandihui Supply Chain Management, the mainland’s largest online road transportation operator, is looking to raise fresh capital to expand into supply chain finance, becoming the latest logistics player to tap into the lucrative business. ( read original story ...)
Shares of Taiwan firms fall on sale of China Starbucks business
Uni-President chairman was quoted by CNA as saying that they would try to fill the profit gap from other business channels, without giving details. The Uni-President Group has been operating the Starbucks franchise in both Taiwan, and in Shanghai ... ( read original story ...)
BRICS trade ministers attend Shanghai meeting
Zhong Shan, also chairman of the seventh meeting of trade ministers of Brazil, Russia, India, China and South Africa, made the remarks at the opening ceremony of the two-day event which started Tuesday in Shanghai. BRICS countries have created a new ... ( read original story ...)