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March 25, 2017

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'The financial costs of the new workweek law are real'
Vincent Siew to meet China vice premier in Boao Forum
Daan Park to be sealed off before Mayday show
FDA slammed for upping pesticide limit at manufacturer's request
Food review: This charming and discreet patisserie in Taipei is reinventing French classics
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China > Business
Tighter property loans squeeze homebuyers
Homebuyers face more pressure getting financing after mortgage lending has tightened in several major cities, in a series of measures curbing speculative buying and cooling down the overheated property market, said analysts.
Retailers cash in on festival of love
Whether you've just fallen in love or have been in a relationship for years, getting a decent present online for the Valentine's Day has become a new norm to celebrate the holiday of love.
High-end hotels recorded a surge in the sales of their rooms with the approach of Valentine's Day, but demand for budget hotels has cooled down as young Chinese prefer to spend more.
Alibaba Cloud (AliCloud), the cloud-computing arm of Alibaba Group Holding Ltd, said on Monday it would double the capacity of its data center in Hong Kong, as it upped the ante with rivals Inc and Microsoft Corp in the fast-growing cloud-computing market.
China increased its steelmaking capacity last year by more than twice Britain's annual output, a report said Monday, despite repeated pledges to cut huge excess in the sector.
Chinese exports surged more than forecast in January, data showed Friday, in a fresh sign of improvement in the world's number two economy as leaders prepare for possible trade stand-offs with U.S. President Donald Trump.
Bike-share startup seeks permits
Chinese bike-share startup Bluegogo, which had planned to fill San Francisco's public bike racks with rental bicycles, is seeking permits after drawing backlash from city leaders.
Germany's SAP sees opportunities for SME business
German software company SAP SE will focus on small and medium-sized clients to grow its cloud business in China this year, after it posted its best-ever financial year in the region in 2016.
Wilston Shivachi is an enthusiastic user of smartphones. Like many people, the logistics consultant could not get through the day without his handset. He relies on the device to shoot selfies, stream videos on YouTube and check emails when he is out of the office.
Fuzhou unveils raft of business-friendly policies
Fuzhou, the capital of Fujian province, has issued 10 investment-friendly policies including measures to stimulate the service and high-end industries to promote economic innovation, in a bid to improve its capacity to compete with rivals in other coastal provinces.
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