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September, 29, 2016

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China > Business
Georgian winegrowers look forward to Georgia-China FTA
A day after China and Georgia announced they would sign a free-trade agreement late this year, Georgia's agriculture minister said the two countries' wine industries would be big beneficiaries very quickly.
 
LeEco raises $1b to bankroll electric, networked sports car
Chinese internet major LeEco announced on Tuesday that it has raised $1.08 billion to bankroll the development of its electric sports car, a critical step toward the company's ambitious goal of producing cars that are more advanced than Tesla Motors Inc's.
 
Apple ditches free return policy
Apple has scrapped its longstanding free-of-charge return policy in Hong Kong and Macao, in a sign of the tech giant's determination to deter scalpers from making a quick buck on its newly launched handsets.
 
Economists have called for improved clarification and transparency of green bonds products, at a time when the market remains in its initial development stage.
 
The transaction volume of apartments in Hangzhou jumped more than 180 percent week-on-week between Sept 12 and Sept 18 as investors flocked to the city to buy second homes before the launch of home purchase limits on non-residents buyers.
 
Mainland investors take a fancy to Japanese realty
The global economic growth has been sluggish, but not the Chinese investors' shopping spree for assets worldwide. They are now eyeing the Japanese property market, especially bed-and-breakfast facilities.
 
A key gauge of China's debt has reached its highest level on record, setting off alarm bells of imminent risk to the banking system, a Swiss banking watchdog reported.
 
Chinese content wins ASEAN hearts
Two years ago, a Chinese boy named Bao Dada became famous in Cambodia. The boy won the hearts of tens of thousands of Cambodian children by safeguarding justice with his intelligence and courage.
 
The State Council, China's cabinet, has issued a plan on transforming Beijing into a national scientific and technological innovation hub
 
Chinese investors are now among the biggest property buyers in the United States, Canada, Australia and Japan. Spooked by continuous Chinese capital inflows into local realty, some countries have even raised foreign ownership thresholds or raised barriers.
 
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