Nicolas Cheng

16 Flips | 1 Magazine | 1 Following | 1 Follower | @NicolasCheng | Keep up with Nicolas Cheng on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Nicolas Cheng”

Shanghai to ban blacklisted tourists from traveling abroad - Lifestyle

Shanghai is planning to forbid tourists who have been blacklisted for bad behavior from traveling abroad, the Shanghai Morning Post reported on …

Dalian Wanda to Buy Swiss Sports Group Infront

Infront Oversees Media and Marketing Rights for International Sports Events<p>BEIJING—Chinese property and entertainment giant Dalian Wanda Group Co. is buying Swiss sports-marketing company Infront Sports & Media AG for €1.05 billion ($1.19 billion), a move that could help China bid to host big …

Alibaba Affiliate Ant Financial Seeks Investment

Ant Financial Finalizing Plans to Bring in Investors Such as Primavera Capital Group<p>HONG KONG—Alibaba Group Holding Ltd.’s financial services affiliate is finalizing plans to bring in new investors such as private-equity firm Primavera Capital Group, according to people familiar with the situation, …

Alibaba’s Jack Ma Meets China’s Product Quality Chief

Company to Provide Authorities Information to Help Fight Sales of Fakes<p>BEIJING—Alibaba Group Holding Ltd. Executive Chairman Jack Ma met the head of China’s top government agency on product quality and pledged to work more closely with authorities to fight the sale of counterfeit goods online.<p>Mr. …

U.S. Launches New Trade Challenge Against China

WTO Case Targets Chinese Subsidies to Exporters Via System of ‘Demonstration Bases’<p>WASHINGTON—The U.S. opened a new front in a long string of trade disputes with China, challenging a broad program Beijing uses to subsidize export businesses.<p>U.S. officials say the subsidy program, benefiting seven …

China

How the Club Med Bidding War Was Waged

Fosun Came Out on Top, but Had to Offer Nearly 80% Premium for Resort Operator<p>PARIS—Club Med claims in ad brochures it has been a byword for “dreams, happiness and friendship worldwide” ever since its creation by two French businessmen in 1950.<p>But for the past two years and until Wednesday, when …

Kaisa May Modify Debt Repayment Terms

Kaisa Says Creditors Shouldn’t Expect Repayment on Existing Terms<p>SHANGHAI—Chinese property developer Kaisa Group Holdings Ltd. warned creditors it may alter existing terms of repayment, as it tries to shore up its finances to complete an equity stake sale to rescue the struggling firm.<p>Kaisa said …

Baidu Revenue Rises 48%; Outlook Misses Estimates

China-Based Search Engine Benefitted From Stronger Marketing Revenue<p>BEIJING—Baidu Inc. said revenue rose 48% in the fourth quarter as the Chinese Internet search giant benefited from stronger marketing revenue, but its outlook for the current quarter disappointed investors, which sent shares down …

Mobile Devices

Tech in Asia Presents Asia’s Startup Database Techlist

Tech in Asia has published Techlist, a database compilation of startups in Asia, especially Southeast Asia, which helps investors to catch up with …

China, Australia to to sign FTA this year[1]

China and Australia are expected to sign a landmark free trade agreement in the second quarter of this year and implement it from the fourth quarter …

Growth slows for fast-moving goods in China[1]

<b>Lower-tier cities will be focal point for expansion this year</b><p>The fast-moving consumer goods market recorded slower growth last year, although …

Joint venture produces over 40,000 Chinese brand cars in Venezuela - Business

CARACAS - Auto-assembling firm ZGT, a Venezuelan-Chinese joint venture, has rolled out its 40,000th car in the south American country, Venezuela's …

Business

SYDNEY - Chinese petrochemical company Premiere Eastern Energy listed on the Australian stock exchange on Thursday.<p>The Guangzhou-based firm raised …

Silk Road initiatives to boost China-EU ties - Business

SHANGHAI - The Silk Road initiatives put forward by Chinese President Xi Jinping will help strengthen China-EU ties, observers have said, in the year …

China to expand effective investment in 2015: NDRC - Business

BEIJING - China's top economic planner said on Wednesday that it would increase efforts to manage effective investment this year, in a bid to help …

Finnish President says 'lucky' to trade with China - Business

HELSINKI - Finnish President Sauli Niinisto has praised bilateral trade relations between his country and China, saying Finland's economic ties with …

Silk Road