With policy blessing from Beijing, China's green car manufacturers are stepping on the gas in their production and sales targets, fueling hopes that the nation's new-energy vehicle goals will gain som ...More
EJ Insight2014-03-21
BYD Co. Ltd. (01211.HK) aims to sell 20,000 hybrid and pure electric automobiles this year, a huge jump compared to last year when it sold only about 2,000 such vehicles, chairman Wang Chuanfu {王傳福} s ...More
EJ Insight2014-03-20
The central bank's swoop on virtual credit cards and QR code payments last week got some people wondering. Was the sudden ban on these forms of payment the result of relentless lobbying by UnionPay {銀 ...More
EJ Insight2014-03-20
Taiwan authorities are in a dilemma over a cross-strait services trade pact which many locals fear will offer the opportunity for China to extend its economic influence in the island. Legislators from ...More
EJ Insight2014-03-20
It looks like Shenzhen-based electric car maker BYD Co. Ltd. (01211.HK) is off to a good start this year thanks to its Qin {秦} hybrid sedan. Since its debut at the end of last year, the car has been r ...More
EJ Insight2014-03-19
Former Sinovel Wind Group (601558.CN) chairman Han Junliang {韓俊良} could not have been more confident in 2011 when he announced to investors that the group would become the world's biggest player in th ...More
EJ Insight2014-03-19
Premier Li Keqiang's {李克強} lackluster press conference at the end of the National People’s Congress plenum Thursday was an apt closure of the annual session. Billed as one of the defining events on th ...More
EJ Insight2014-03-14
With the manufacturing sector and the broader economy facing severe challenges, as indicated by the recent weak data, China is seeking to improve the quality of its exports by focusing more on higher- ...More
EJ Insight2014-03-14
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, March 14: TOP STORIES China unlikely to bolster growth with short- ...More
EJ Insight2014-03-14
China Resources Gas Group Ltd. (01193.HK) said Thursday it plans to spend 3 billion yuan (US$489 million) to 4 billion yuan to acquire gas projects this year, aiming to achieve its gas sales target of ...More
EJ Insight2014-03-13
Strong demand from end-users will continue to put upward pressure on property prices in top-tier mainland cities, including Beijing, Shanghai, Guangzhou and Shenzhen, Fitch Ratings said Thursday. "The ...More
EJ Insight2014-03-13
China will adopt differentiated housing control policies for different regions based on the local conditions, Premier Li Keqiang {李克強} said on Thursday. At a news conference on the final day of the Na ...More
EJ Insight2014-03-13
Premier Li Keqiang {李克強} said Thursday that the government has been doing its best to avoid regional systemic financial risk and tightening regulations to prevent defaults on government debt. He told ...More
EJ Insight2014-03-13
Swedish home furnishing giant IKEA is undertaking a massive facelift of some of its stores in China -- and it's not to create more retailing space or attract more customers. Many of these sales outlet ...More
EJ Insight2014-03-13
Hong Kong's stock market appears to have entered a correction phase, with the benchmark Hang Seng Index (HSI) slumping more than 360 points on Wednesday, dragged down by weak overseas sentiment and wo ...More
EJ Insight2014-03-12
China's banking regulator has no preset timeline for approving applications for private bank licenses, China Securities Journal reported Wednesday. Any of the five candidates seeking to establish priv ...More
EJ Insight2014-03-12
Tencent's (00700.HK) recent deal with e-commerce firm JD.com is more proof that the Chinese internet giant is looking to partner with the best rather than go solo in each and every business. The Shenz ...More
EJ Insight2014-03-12
China will free up deposit rates in one to two years, completing the rate liberalization process that was started in June 2012 to allow market forces play a bigger role in the system, central bank chi ...More
EJ Insight2014-03-12
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Wednesday, March 12: TOP STORIES Wong blasts govt for double standard in l ...More
EJ Insight2014-03-12
Central bank governor Zhou Xiaochuan {周小川} said any new breed of financial services, including online money market funds such as Alibaba Group's Yu'E Bao, will help promote the marketization of intere ...More
EJ Insight2014-03-11