Nearly 3 million cars that do not comply with China’s State VI vehicle emissions standards, to take effect in July, are sitting on dealer lots across the country, according to the China Automobile Dealers Association (CADA), said Caixin. That amounts to an estimated RMB 500 billion ($72 billion) in inventory value that dealerships must unload […]
Category: Business Education
China is a country with an economy that is growing and developing quickly, and it’s viewed as one of the strongest economies in the world, second only to the United States in size. It’s become synonymous with manufacturing in all sectors, and the world’s biggest businesses like Apple, Google, and Facebook all have strong connections […]
The China Securities Regulatory Commission (CSRC) has announced plans to give foreign individual investors access to the mainland’s A shares via local brokers, the South China Morning Post reports, marking a further step towards liberalisation of domestic markets. Under the current system, only a select group of overseas individual investors may trade A-shares through local […]
THE ART OF WAR
Chinese investors are vying to entice China-born tech executives and scientists back to the mainland to set up startups in their home market, the Financial Times reports. A slew of venture capital funds backed by both private and state investors have been set up, which target Chinese executives and senior researchers working abroad at top companies like […]