economics


Chinese not so keen, or unable, to make mobile payments overseas

Chinese consumers are already proving to be addicted to using mobile payment services, dominated by rivals Tencent’s WeChat Pay and Alibaba’s Alipay, for everything from hailing a car to paying for tips. But they are not as keen on using the omnipotent QR code when travel abroad, it seems. New research from consulting firm Kapronasia, shows 21 per cent of 1,000 Chinese consumers surveyed said they have never used WeChat Pay or Alipay in a foreign country, with 61 per cent combined......

trade


Beijing Hosts APEC Summit

As leaders from member countries gather in Beijing for the APEC summit, China is reportedly taking advantage of the opportunity to promote its plans for a Free Trade Area of the Asia Pacific (FTAAP) as an alternative to the Trans-Pacific Partnership (TPP) being negotiated by the United States which excludes China. However, Beijing's attempts to include calls for an FTAAP feasibility study (with a target date of 2025) in the communiqué to be distributed to leaders at the end of the session was thwarted by the US, with a US trade representative spokesman announcing that the two countries will b...

Trade Drops for Phase 1 of Canton Fair 2014

Held twice a year in the city of Guangzhou, capital of the Guangdong province, the Canton Fair has been running since 1957 and is considered to be the largest trade fair in China. The Canton Fair (full name being China Import and Export Fair) is organized by China Foreign Trade Center and supported ...

China’s e-Commerce Market Booming

As Chinese e-commerce company Alibaba prepares for its IPO through the New York Stock Exchange, the Dalian Wanda group in China announced on Friday that it would be entering into an e-commerce joint venture with Baidu and Tencent Holdings to be registered in Hong Kong. Wanda will own 70 percent of t...

culture


China-Russia naval exercise begins in Baltic Sea

(CGTN) China and Russia have started their large-scale naval drills dubbed “Joint Sea 2017” in the Baltic Sea. The exercises will involve jets, helicopters and vessels. The Chinese Navy is represented by one of its most advanced missile ... Read more ...

politics


One station, two systems: A high-speed rail connection between Hong Kong and the mainland is proving controversial

Main image:  ON JULY 1st Hong Kong marked 20 years of mainland rule with a rare visit from Xi Jinping, the Chinese premier. Mr Xi arrived on an Air China flight from Beijing. The next visit by a Chinese president is unlikely to take place until 2022, when Hong Kong will be half way through its 50-year transition period between British and Chinese rule. Then, perhaps, he will travel by high-speed rail, and arrive at a smart terminal being built in West Kowloon.Hong Kong is in the midst of an infrastructure-building boom. Wo...

Rallies in London and Cambridge Mark 18 Years of the Persecution of Falun Gong

Practitioners of the spiritual discipline Falun Gong marched through the streets of London and Cambridge on Saturday 22 and Sunday 23 July, appealing for an end to the 18-years of persecution instigated by the Chinese communist regime. A colourful marching band was followed by protesters peacefully ...