Tag: China

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  • Chinese editor quits over government censorship

    Chinese editor quits as government media crackdown strengthens

    Yu Shaolei, an editor for Chinese newspaper Southern Metropolis Daily has quit his post in protest of China’s crackdown on media. Shaolei took the unusual step of posting his resignation on Chinese social media late Monday. In his resignation the editor said he was unable to “adopt your surname,” a reference that appears to be in […]

  • Marriott and Starwood acquisition possibly in trouble

    Marriott-Starwood merger facing disruptive forces in China

    A group of Chinese investors wants to block the Marriott-Starwood merger. The two chains announced in November that they would pursue an agreement that would make them the largest hotel chain in the world. On Monday the hotel chains said Chinese investors have made a richer offer for Starwood.  The new offer comes from a group […]

  • Adidas Stores in China

    Adidas will open 3,000 new stores in China

    Despite a massive downturn in the world’s second-longest economy, Adidas is planning to open 3,000 new stores in the country, bringing its total number of stores to 12,000 in the area. Adidas is planning growth that will be “healthy and sustainable,” according to Colin Currie, managing director of Adidas Group Greater China. “As sports participation […]

  • Gold Prices are up and so is trading volume in 2016

    Gold. Gold. Gold. Invest in Gold.

    Investors are flocking to gold as the global market continues to experience increasing amounts of turmoil. Physical gold prices are up 16% in 2015 and the Gold Shares exchanged-traded fund is up nearly 13%. Gold as an investment increased by 8% in 2015 and those investments appear to be accelerating in 2016. 54 tonnes of […]

  • Simpsons Stores Opening in China

    The world’s first Simpsons store will open in China

    The Simpsons are ditching the many Springfield’s in the United States for a storefront in China. The world’s first Simpsons store is set to open in Beijing, China, in March 2016. The new store was announced on Friday by 20th Century Fox. Following the launch of that store, the company plans to open a second […]

  • China Market Sell-Off

    China Sell-Off Sees Markets Close At Lowest Point Since 2014

    China’s markets dipped again Tuesday as fears over falling oil prices drove shares to their lowest points since 2014. China’s benchmark Shanghai Composite Index closed down 6.4 percent to 2749.79 while the CSI300 index of major Shanghai and Shenzhen firms closed at 2940.51, down 6 percent. Both are 14-month lows for the indexes, which haven’t […]

  • China stock market

    $676 billion vanished from China’s economy last year

    An estimated $676 billion disappeared from the world’s second-largest economy last year, according to a report from the Institute of International Finance. China alone lost $111 billion more than all other emerging markets combined. The report says capital outflows were particularly bad in the final quarter of 2015, as overseas investors grew increasingly wary of the […]

  • Disney Shanghai

    Disney’s Shanghai theme park is ready for a 2016 debut

    Disney’s massive $5 billion Chinese theme park in Shanghai is set to open in five months. The company spent more than a decade planning and investing in the $5.5 billion location, a first for the company in mainland China. Disney will open the park on June 16. The Shanghai Disney Resort represents a major bet […]

  • China Stock Market

    China’s stock market starts week with 5.3% drop

    The Shanghai Composite closed down 5.3%, and the Shenzhen Composite ended 6.6% lower to start the week. Turmoil in China’s markets have rattled worldwide markets. Last week the Dow lost 1,079 points, or more than 6%, over the week — the index’s worst five-day start to a year on record. Chaos in China last week was […]

  • China stock market concerns and oil prices

    China stock market halted as stocks plunge and oil plummets

    China stocks took a massive hit on Thursday, losing more than 7% of their value while forcing officials in the country to halt trading for the second time this week. Stocks were trading for just 29 minutes before officials pulled the plug. The shortest trading day in the market’s 25 year history. China’s CSI 300 […]