When founder Wang Wei {王衛} sold a quarter of his SF Express firm to a consortium last year for around 8 billion yuan (US$1.32 billion), many were left scratching their head -- Wang had not long said t ...More
EJ Insight2014-01-21
A senior official of China Investment Corp. (CIC), a sovereign wealth fund that manages part of the country's foreign exchange reserves, has retired, China Securities Journal reported Monday, citing u ...More
EJ Insight2014-01-21
National Bureau of Statistics chief Ma Jiantang {馬建堂} has warned of the need to tightly monitor local government debt for potential risks, government-backed China.com reported Monday. According to the ...More
EJ Insight2014-01-20
Shanghai mayor Yang Xiong {楊雄} said the city's free-trade zone (FTZ) has been operating smoothly since its official launch in September last year, National Business Daily reported Monday. An important ...More
EJ Insight2014-01-20
The Chinese government should give higher priority to the mobile internet sector as part of a national strategy to support the country's overall industry upgrade, Xiaomi Inc. chairman and founder Lei ...More
EJ Insight2014-01-20
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Monday, Jan. 20: TOP STORIES SHK Properties' Thomas Kwok welcomes land pre ...More
EJ Insight2014-01-20
China’s Communist Party leaders have raised the stakes in the ongoing battle against corruption by vowing to prevent “decadence” in the deepening reform drive. Analysts said the link between the anti- ...More
EJ Insight2014-01-17
At the risk of sounding like a broken record, President Xi Jinping {習近平} has harped on his anti-graft fight in every appropriate occasion, reminding Communist Party and government officials that the c ...More
EJ Insight2014-01-17
Shenzhen mayor Xu Qin {許勤} said Thursday that the city has no plans to curb car purchases, Shenzhen Economic Daily reported Friday. The local government will, however, continue its existing measures t ...More
EJ Insight2014-01-17
After three years of trying, Chinese budget carrier Spring Airlines won a license to operate domestic flights in Japan in late 2013, boldly going where some major no-frills carriers such as AirAsia ar ...More
EJ Insight2014-01-17
China's banking watchdog has enlisted chairman Shang Fulin {尚福林} to head up a new task force to overhaul governance in the sector, news portal Sina Finance reported Thursday, citing an unnamed person ...More
EJ Insight2014-01-17
Internet giant Tencent Holdings Ltd. (00700.HK) plans to step up its e-commerce game by taking a HK$1.5 billion (US$193.44 million) stake in China South City Holdings (01668.HK), a developer of logist ...More
EJ Insight2014-01-17
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Jan. 17: TOP STORIES Tencent launches fund product, stepping up co ...More
EJ Insight2014-01-17
Tech giant Tencent (00700.HK) has paid a premium to become a strategic investor in one of the nation’s biggest integrated logistics and trade centers for industrial materials -- China South City Holdi ...More
EJ Insight2014-01-16
The Ministry of Culture has confirmed that it will not organize its annual Spring Festival television gala this year, ending a tradition that started in 1992, Beijing Youth Daily reported Thursday. Th ...More
EJ Insight2014-01-16
Beijing issued a fresh call at the end of last year to expedite the nation's urbanization efforts. After laying out broad policy brush strokes at the first dedicated state-level work conference in Dec ...More
EJ Insight2014-01-16
China's total social financing (TSF), which includes new loans, corporate bonds and some off-balance sheet items, hit a record 17.29 trillion yuan (US$2.86 trillion) last year, up 1.53 trillion yuan f ...More
EJ Insight2014-01-16
What's the world's largest search engine doing smartening up homes? Simply, Google is diversifying into the smart home market to bring the wow and wonder of technology into living rooms. Not that it n ...More
EJ Insight2014-01-15
China will continue to enhance the standardization of the financial products in the market, aiming to improve the overall service quality of the nation's financial institutions, a senior central bank ...More
EJ Insight2014-01-15
President Xi Jinping {習近平} told the Central Commission for Discipline Inspection Tuesday that fighting corruption is an ongoing process and the government should relentlessly pursue its zero tolerance ...More
EJ Insight2014-01-15