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January, 21, 2017

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China > Business
Finding parking space could be a headache in a crowded downtown area, but not for drivers in Nanjing's busiest business district, thanks to smart robots that function as parking valets.
 
Hong Kong parking garage may fetch $2.2b in 2017
Hong Kong's government has announced the first sale of commercial land in the city's central business district for more than 20 years.
 
Youthful shoppers turning to TCM-based skin care products
Skin-care products have always thrived on the cutting edge of fashion, and the biggest international names in cosmetics are celebrated in elegant ads worthy of a Paris runway.
 
China's banking regulator will encourage the launching of more consumer finance companies while helping them improve comprehensive risk management.
 
Mobile wallets becoming way of life: Study
Mobile wallets have grown into a lifestyle choice embedded into daily activities and interactions, as more Chinese embrace third-party services to pay back credit cards and run errands, a latest study has found.
 
Startup looks to provide high-quality VR solutions
Jaunt Inc, a Californian virtual reality software startup, is aiming to shoot, produce and distribute high-quality VR content for the Chinese market.
 
In click-tap age, startups exploit 'she-economy'
The popularity of online shopping among women has provided plenty of business opportunities for Chinese startups.
 
Suning to buy TTK Express to boost its logistics capability
Suning Commerce Group Co Ltd's logistics subsidiary plans to spend 4.25 billion yuan ($611.03 million) buying Hangzhou-based TTK Express, aiming to expand its logistics business and cover more clients.
 
HK, Shanghai maintain edge
Despite concerns over the economic slowdown in China, two of the country's cities have won spots in a ranking of the world's top 10 competitive cities.
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Faraday Future launches new EV at CES
Faraday Future, the US-based electronic vehicle manufacturer backed by LeEco's head Jia Yueting, unveiled its first production EV on Wednesday at an event prior to the 2017 Consumer Electronics Show (CES).
 
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