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3 Free-trade Zones Will Be Added in China

3 Free-trade Zones Will Be Added in China

China is getting ready to build for three more free-trade zones. AFP(Shanghai) reported. On Tuesday, President Xi supported Politburo meeting to approve 3 new FTA zones in the southern province of Guangdong, eastern province of Fujian and northern city of Tianjin, depending on Xinhua. Guangdong FTZ(Free-trade Zones) is designed to speed economic integration with neighbouring […]

Selfie sticks banned in Taiwan museums

Selfie sticks banned in Taiwan museums

After a long list of museums and other attractions around the world banned selfie sticks, four major museums in Taiwan have jumped on the bandwagon to outlaw their use. Selfie sticks or camera extension poles used to take self-portraits are now prohibited in the National Palace Museum (NPM) and Taipei Fine Arts Museum (TFAM) in […]

Kim Jong Un’s visit to Russia unlikely to meet leader’s expectations

Kim Jong Un’s visit to Russia unlikely to meet leader’s expectations

Much attention has been attracted recently by the media reports about Kim Jong Un’s likely decision to come to Moscow in May. If such a visit does indeed happen, it will be an important turning point for a remarkably reclusive North Korean leader whose unwillingness to hold summits is, indeed, unusual. There is little doubt […]

Top 3 Favorite Choices of Chinese Travelers “Korea, Russia, Japan”

Top 3 Favorite Choices of Chinese Travelers “Korea, Russia, Japan”

Chinese overseas tourists are changing their travel habits with currency shifts, evolving fashions and visa policies, which helps with South Korea, Japan and Russia became the biggest beneficiaries. According to the Korea Tourism Organisation, China Mainlanders visit to South Korea had soared up to 58% against the year before, reach to 516,787 in February. Meanwhile, […]

China Drafting Line to Bind Square Dance

China Drafting Line to Bind Square Dance

Few of social activities do not under government supervision and norms, and soon that will include square dancing. Ever-growing numbers of enthusiastic dancers usually called “Dama”, meaning elderly women. They have always gathered on the street corners of China’s cities, therefore lead to dissatisfaction that the elderly participants blast their music until late night, disturbing […]

Alibaba’s Ambition of a New Entertainment Empire

Alibaba’s Ambition of a New Entertainment Empire

China’s dominant e-commerce platform Alibaba is just trying to build glamorous empire in entertainment area. According to IHS Technology’s report, China’s box office rose by a third to hit $4.8bn in 2014. That is 1/2 of the US figure. But the latter shrank 4 per cent last year. Chinese entertainment market to overtake the US, […]

Chinese Consumer Confidence is Restoring

China Consumer Sentiment Indicator increased 2.4 per cent in March to 114.7, from a reading of 112 in February according to a monthly survey by Westpac MNI in Australia. Consumer Sentiment Indicator is a “tentative sign” that consumers have registered easing measures undertaken by the People’s Bank of China, which appears to have outweighed any […]

British Food Exports to China Increased due to Chinese Special Diet

British Food Exports to China Increased due to Chinese Special Diet

China’s appetite for British milk, pork, tea and salmon led to a 12 per cent jump in food exports to the country last year. The chinese market was particularly attractive because it complemented British eating habits. “The Chinese diet is different, they tend to eat things that we don’t consume, like chicken feet, pigs’ faces, […]

China’s Manufacturing Continued to Shrink

China’s Manufacturing Continued to Shrink

  Manufacturing in China contracted to the lowest points during last 11-month, according to research of influential index by HSBC, a Chinese well-known financial institutions. It was worse than expected HSBC said. The preliminary reading of March was 49.2, against 50.7 in February, and versus expectations of 50.5. Any score less than 50 indicate contraction. […]

China Mobile’s Profit Fell 10% for Capital Expenditure of 4G Service in 2014

China Mobile’s Profit Fell 10% for Capital Expenditure of 4G Service in 2014

The world’s largest mobile network-China Mobile, fell 10 per cent to Rmb109.3bn of its Profits in 2014, partly the result of an ambitious capital expenditure programme of its 4G service. China Mobile boasts 62 per cent of all mobile phone customers in China, its share of mobile data traffic is relatively constricted due to its […]

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