Walmart Sells Chinese Online Grocery Store To JD.com As China’s Cutthroat E-Commerce Market Claims Another Victim
Analysts say the company is rethinking strategy in China amid cutthroat competition in the country’s e-commerce market and challenges for stores.
China’s Elite ‘Anxious Over Political Consequences’ Of Brexit, Fear It Could Accelerate EU ‘Disintegration’: State Media
The Chinese government is worried that a Brexit would reduce the EU’s ability to act as a counterbalance to the U.S., and hurt China’s investments in the U.K., the country’s leading newspaper suggested.
Yulin Dog Meat Festival: Vendors Cover Signs Amid Opposition From Chinese Animal Rights Activists
Ahead of the opening of China’s controversial dog meat festival, shops and restaurants are concealing their trade in the face of growing public protests.
Hong Kong Bookseller Defies Chinese Government To Reveal Details Of Disappearances Of Publishers In China
Lam Wing-kee, detained for eight months in mainland China, accused Beijing of violating Hong Kong’s freedoms and coercing him into confessing crimes.
It’s A Small World After All: Chinese Visitors To Disneyland’s New $5.5 Billion Shanghai Resort Embrace Disney’s Magic Touch
High ticket prices have not deterred Chinese families from visiting Disney’s newest resort, which many say has succeeded in bringing world-class entertainment to China.
Mickey Mouse Mooncakes: How Disney Made Its $5.5 Billion New Shanghai Disneyland Distinctively Chinese
From a Mandarin version of “The Lion King” to the use of Chinese choreography, Disney says its new Shanghai park respects Chinese culture.
Inside Shanghai Disneyland: How Walt Disney’s $5.5 Billion Theme Park Is Taking A Big Risk In China
Disney’s huge new $5.5 billion Shanghai Disneyland aims to defy China’s slowdown and Beijing’s crackdown on Western values, but with family ticket prices close to China’s average monthly wage, it won't be cheap.
China Says Shanghai Disneyland Symbolizes Country’s Openness As Obama Urges Beijing To Become More Investor-Friendly
Chinese leaders hailed the park as a symbol of China’s openness, but Obama said Beijing needed to become more attractive to investors.
Shanghai Disneyland To Unleash Incredible Potential Of Chinese Market, Company Thinking Of Expanding Park: CEO Bob Iger
CEO Bob Iger said Disney’s first park in mainland China will be “authentically Disney, distinctively Chinese” — and the company is already planning to expand it.
In Beijing Talks, US And China Pledge To Work Together To Solve Steel Glut, But Little Progress On South China Sea Dispute
At a bilateral dialogue in Beijing, U.S. Treasury Secretary Jacob Lew said progress had been made, but tensions remained over the South China Sea.
European Businesses Express ‘Growing Pessimism’ About Doing Business In China; Washington And Beijing Struggle To Seal Investment Treaty
An EU survey found growing concerns about market access and internet control, as Chinese and U.S. negotiators struggled to reach their own bilateral investment treaty.
Inter Milan-Suning Deal: Chinese Appliance Retailer Buys 70% Stake In Italian Soccer Giant
In the biggest of China’s growing portfolio of European soccer investments, retailer Suning took a 70 percent stake.
US-China Strategic And Economic Dialogue Opens in Beijing Amid Rising Tensions Over Trade And South China Sea
The annual U.S.-China Strategic and Economic Dialogue began in Beijing amid strain over trade and the South China Sea.
Challenges For China’s Economy Continue, As Mixed Manufacturing PMI Data Shows Demand Still Weak
Mixed data from official and private surveys show demand remains weak, though experts say the government may be willing to see slower growth as it promotes structural reform.
China’s Central Bank Hits Out At WSJ, Bloomberg, Denies Rollback Of Exchange Rate Policy Reforms
The People’s Bank of China said reports it was rolling back on exchange rate reforms, or would ask the Fed for advance news of rate hikes, were irresponsible fabrications.
China Detains Executives For Illegally Raising $1B, Lending Scandal Highlights Lack Of Regulation In Online Finance Sector
Police in China have detained 13 executives from a peer-to-peer lending platform and ordered the company to suspend operations, in the latest scandal to hit the sector.
China’s Premier Li Keqiang Calls For More Open Government To Boost Big Data, But Future Remains Cloudy
Li Keqiang said the government should relax its information monopoly to boost the big data industry and cloud computing, but doubts remain, including about Li’s political future.
China Tension, Trade And Trump Hang Over President Obama’s Asian Farewell Tour Aimed At Shoring Up His Political Legacy
The farewell tour, including a landmark accord with Vietnam, is designed to boost Obama’s legacy in Asia — but tensions over China and trade remain.
Chinese Newspaper Accuses Obama Of Lies And Double Standards Over Lifting Of Vietnam Arms Embargo
The Global Times rejected President Barack Obama’s denial that the move was targeted at China and said Washington was applying double standards over human rights.
China Mulling Plan For State Firms To Take Stakes In Major Video Websites To Tighten Control Of Online Content
The Chinese government’s move is reportedly under discussion, but analysts say it is a sign of Beijing tightening control on the nation’s internet.
China Says Lifting Of US Arms Embargo On Vietnam Aimed At Provoking Hanoi To Confront Beijing Over South China Sea
Local media accused Washington of trying to “persuade Vietnam to confront China” over the South China Sea dispute.
China To Mobilize 1 Million Security Volunteers, Crack Down On Religious Cults For September G20 Summit In Hangzhou
Authorities said they will also “crack down on cults” in the runup to the September meeting in the eastern city of Hangzhou.
Taiwan’s New President Tsai Ing-wen Calls For Peace And Dialogue With Beijing, But Avoids Endorsing “One China Policy”
Tsai Ing-wen said she wanted dialogue with China, but her refusal to accept Beijing’s “One China Policy” may lead to heightened tensions.
Relations Between Mainland China And Taiwan On A Tightrope As New Taiwanese President Tsai Ing-wen Takes Office
Analysts predict a difficult start as Taiwan’s first female leader, Tsai Ing-wen, takes office, but $200 billion in trade with China may prevent extreme volatility.
China Promotes Policies To Urge Manufacturers In Expensive Coastal Regions To Move Inland Rather Than Abroad
Beijing will introduce preferential policies on land use, approvals and financial support to stop manufacturers from quitting the country for cheaper parts of Asia.
Massive Security Operation In Hong Kong For Visit Of Most Senior Chinese Official Since 2012
A 6,000-strong police force was deployed to protect top legislator Zhang Dejiang amid tensions over Hong Kong’s calls for greater democracy from its Chinese rulers.
50 Years On, Chinese President Xi Prefers To Bury Warning Lessons Of The Cultural Revolution
The 50th anniversary of the disastrous upheaval that took at least 1.5 million lives has been buried by state media, putting to one side parallels with the current leader's rule.
China Box-Office Boom: Smaller Inland Cities Are Fueling Movie Gold Rush, Wanda Cinema President Says
Inland Chinese cities where some residents had never watched movies are suddenly home to sprawling multiplexes.
China’s President Xi Says Officials Need To Learn More About Supply-Side Reforms, Calls For Innovation
President Xi Jinping said China needed structural change, and appeared to admit errors in handling the economy — though he said the country could not follow neo-liberal policies.
China's People's Daily Seeks To Reassure Investors That Beijing Will Rein In Debt-Fueled Growth, Control Leverage Levels
A source told the Communist Party newspaper People’s Daily that Beijing should rein in leverage and accept slower growth.