China’s State Administration for Industry and Commerce has announced it is seeking answers to “major questions” arising from data gathered when it stormed Microsoft’s mainland offices in 2014, The New York Times reported, citing a statement on the administration’s website. Analysts have said that the company’s difficulties in China began that year when it decided to […]
Category: Business Practice
Some Hong Kong-listed Chinese property developers are turning to onshore debt to refinance in the face of widespread uncertainty about mainland real estate markets, South China Morning Post reported, citing industry analysts. Shenzhen-based Fantasia Holdings, Shanghai-based Future Land Develoment and Shimao Property all made announcements concerning the issuance of corporate yuan-denominated bonds on Tuesday, with […]
If you aren’t the one
Extrajudicial networks of detention facilities that use torture and forced labor are still thriving in China two years after Beijing announced an end to “re-education through labor,” Reuters reported, citing interviews with lawyers and others familiar with the facilities. Between February and April, US State Department human rights experts cited the facilities as reason to again […]
Beijing will assess annually whether state-owned enterprises have met an existing requirement to reserve 5% of vacancies for former members of the People’s Liberation Army as it also pushes ahead with a cut of 300,000 personnel from the armed forces in a drive to modernize China’s military, The Financial Times reported, citing state media. Song Zhongping, […]