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Biff, Chip and Kipper: The other story

A recent raid by customs authorities on four English learning centers has again highlighted piracy issues in Hong Kong. And for good or bad, it has shone a light on Oxford University Press, publisher ...More

EJ Insight2014-04-09

Baidu M&A plans set to change China online travel market

A shake-up is brewing in China's online travel agency sector with Baidu Inc. (BIDU.US) reportedly planning to acquire a controlling stake in Ctrip.com (CTRIP.US) and merge it with Qunar.com (QUNR.US), ...More

EJ Insight2014-04-09

Deutsche Bank economist joining PBoC, Bloomberg says

Deutsche Bank AG economist Ma Jun has been named chief economist of the research bureau of the People's Bank of China, where he will help in guiding the nation's economic reform, Bloomberg News report ...More

EJ Insight2014-04-09

Ally of ex-security chief Zhou sacked, Reuters says

A former aide to China's retired security chief Zhou Yongkang has been fired after authorities opened a corruption investigation, Reuters reported Wednesday, citing an announcement from the Communist ...More

EJ Insight2014-04-09

China approves Microsoft-Nokia deal, Xinhua says

China has approved Microsoft Inc.'s acquisition of Nokia Corp.'s devices and services business subject to certain conditions, the official Xinhua News Agency reported Wednesday, citing a Ministry of C ...More

EJ Insight2014-04-09

China car sales up 9% in March, paper says

Passenger vehicle sales in China rose 9 percent year on year to 1.59 million units in March, driven by delayed new model launches ahead of the Beijing auto show and a rush to buy before curbs were int ...More

EJ Insight2014-04-09

Six in the dock in HK for peddling illegally copied books

Six directors and staff of a children's learning institute were arrested in Hong Kong Monday for selling illegally produced copies of kids' English-learning books, Apple Daily reported Wednesday. Cust ...More

EJ Insight2014-04-09

Xiaomi now third largest e-commerce operator in China

Chinese smartphone maker Xiaomi Inc. is now the country’s third-largest e-commerce operator in terms of sales volume, next only to Alibaba Group and JD.com Inc., China Business News reported Wednesday ...More

EJ Insight2014-04-09

China rejects US claims on weakening yuan, People’s Daily says

China has defended the recent weakening of the renminbi, saying it has been due to a combination of factors, including pessimism toward its economy and the tapering of economic stimulus in the United ...More

EJ Insight2014-04-09

FTZ adopts emergency arbitration, small claims, paper says

The government on Tuesday published the first set of rules on dispute arbitration in the Shanghai free trade zone, offering improved legal protection for companies, Shanghai Securities News reported W ...More

EJ Insight2014-04-09

Environmental awareness, China move drag HK shark fin imports

Hong Kong has seen its import of shark fin, including that which is re-exported to the mainland, fall sharply in recent years due to growing environmental consciousness among local people and the Chin ...More

EJ Insight2014-04-09

Foreign countries halt trade talks with Taiwan, paper says

Several foreign countries have suspended free trade negotiations with Taiwan amid student protests against a service trade agreement with mainland China, Economic Daily News reported Wednesday, citing ...More

EJ Insight2014-04-09

UK green tech firm eyes Shenzhen base, paper says

Shenzhen built 10 million square meters of energy-efficient buildings and another 3.8 million square meters of related projects in 2013, Shenzhen Economic Daily reported Wednesday, citing mayor Xu Qin ...More

EJ Insight2014-04-09

China now second biggest consumer of high-priced wine, SCMP says

China is now the world's second-biggest consumer of high-priced wine, the South China Morning Post said Wednesday, citing a report prepared for the international wine exhibition Vinexpo. Drinkers in C ...More

EJ Insight2014-04-09

China small and micro enterprises get some tax relief

China's Ministry of Finance and the State Administration of Taxation announced on Tuesday a tax relief measure for small and micro enterprises, the China Securities Journal reported Wednesday. Under t ...More

EJ Insight2014-04-09

US, China defense chiefs trade barbs on Asia role, WSJ says

US Defense Secretary Chuck Hagel and his Chinese counterpart Chang Wanquan on Tuesday exchanged sharp remarks over their countries' ambitions in Asia during the American official's three-day visit to ...More

EJ Insight2014-04-09

ICBC Asia plans to offer higher rates to lure yuan deposits

Industrial and Commercial Bank of China (Asia) Ltd. (ICBC Asia) plans to offer high interest rates and other incentives to attract more renminbi deposits in April as competition for yuan deposits amon ...More

EJ Insight2014-04-09

HK must get its act together amid Shanghai threat, Zeman says

Hong Kong will lose out to other Chinese cities within five years if local lawmakers do not take quick decisions and clear important legislation, business tycoon Allan Zeman has warned. The South Chin ...More

EJ Insight2014-04-09

Jack Ma, Giant's Shi to buy 20% of Wasu Media for 6.54 bln yuan

State-owned Wasu Media Holding Co. Ltd. (000156.CN) plans to raise 6.54 billion yuan (US$1.05 billion) through a private placement of 286 million new shares to Hangzhou Yunshi Investment, Shanghai Sec ...More

EJ Insight2014-04-09

Painting auctioned for HK$28.75 mln thrown away as rubbish

A painting by Chinese contemporary artist Cui Ruzhou {崔如琢}, valued at millions of dollars, was thrown away by a cleaner by accident on Tuesday, Ming Pao reported on Wednesday, citing sources with know ...More

EJ Insight2014-04-09

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