CUHK Business School Research Looks at Why Global Efforts to Move Production Away from China May Not Mitigate Supply Chain Risks

HONG KONG, CHINA - Media OutReach - 29 October 2020 - The unprecedented COVID-19 pandemic has posed severe challenges for the global economy and supply chains have been in the eye of the storm. Amid h...

Here's why Ant Group is about to shatter IPO records

HONG KONG (AP) — Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year. Instead of cash, in recent years she has done almost all her business using the digital wallet ...

Chinese censors target German publishers

The books were hot off the press when the request for changes came. Nora Frisch, owner of a small publishing house in the southwestern German city of Esslingen, was asked to stop the publication of a ...

China hopes for change if Biden wins, but little likely

Chinese leaders hope Washington will tone down conflicts over trade, technology, and security if Joe Biden wins the Nov. 3 presidential election. But any shift is likely to be in style, not substance,...

Huawei sales up, but growth slows under virus, US pressure

BEIJING (AP) — Chinese tech giant Huawei, one of the biggest makers of smartphones and switching equipment, said Friday its revenue rose 9.9% in the first nine months of this year, but growth decelera...

China hopes for change if Biden wins, but little likely

BEIJING (AP) — Chinese leaders hope Washington will tone down conflicts over trade, technology and security if Joe Biden wins the Nov. 3 presidential election. But any shift is likely to be in style, ...

Fortunes of China's internet

BEIJING (AP) — Jack Ma, founder of e-commerce giant Alibaba, held onto his status as China’s richest tycoon this year as surging demand for online shopping and other services during the coronavirus pa...

China passes export control law to counter US entity list

TAIPEI (Taiwan News) — China passed a law on Saturday (Oct. 17) restricting exports of sensitive items based on national security grounds, according to Chinese state media. “China may t...

China passes new law restricting sensitive exports

BEIJING (AP) — China has passed a new law restricting sensitive exports to protect national security, allowing Beijing to reciprocate against the U.S. as tensions mount between the sides over trade an...

Chinese retailer Miniso to raise about $562 million in IPO

HONG KONG (AP) — Miniso, a Chinese discount retailer known for its fashionable but affordable household products, is expected to raise up to $562 million in a U.S. initial public offering in New York....

Trump administration to consider adding China's Ant Group to trade blacklist: Reuters

The U.S. State Department has submitted a proposal for the Trump administration to add China’s Ant Group to a trade blacklist, according to two people familiar with the matter, before the financ...

China's Xi promises changes to promote tech center Shenzhen

BEIJING (AP) — President Xi Jinping promised Wednesday new steps to back development of China's biggest tech center, Shenzhen, amid a feud with Washington that has disrupted access to U.S. technology ...

Video shows Chinese crammed together for coronavirus testing in Qingdao

TAIPEI (Taiwan News) — On Monday (Oct. 12), when China announced that it would be testing 9 million people for the Wuhan coronavirus (COVID-19) in Qingdao, video surfaced showing throngs of peop...

CUHK Business School Research Finds the Use of Robotics Can Help Draw Customers Back into Restaurants and Hotels

HONG KONG, CHINA - Media OutReach - 8 October 2020 - Just how much of the global service industry will be left standing by the time COVID-19 is brought under control is anybody's guess. In the U.S., a...

China leads in race for digital currency

Imagine going to the bank to take out cash, except without going to the bank and without the cash. If the Chinese central bank's plan for a digital yuan succeeds, the future could look something l...