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Insights
13-Aug-18 The People's Bank of China has a problem persuading banks to lend. The cost for banks to borrow from one another is now lower than from the PBOC, but a large chunk of those funds is sitting idle. [image: Qilai Shen]
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09-Aug-18 Logistics services company Dada-JD Daojia has raised USD500 mn from existing backers JD.com and Walmart to quicken the growth of its delivery network across China. Walmart has been pushing to integrate its retail network in China. [image: South China Morning Post]
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Insights
06-Aug-18 Google is in talks with Tencent, Inspur Group and other Chinese companies to offer cloud services in the world’s second-largest economy. Discussions began in early 2018 and Google narrowed partnership candidates to three firms in late March. [image: Qilai Shen / Bloomberg]
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Insights
01-Aug-18 BASF's Surface Treatment business unit, under the Chemetall brand, is investing in a state-of-the-art site in the Dushan Port Economic Development Zone of Pinghu, Zhejiang, China. [image: BASF]
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20-Jul-18 Starbucks is partnering with Alibaba with a 'New Retail' strategy, in an effort to rediscover growth for its business in China as it battles ambitious new rivals, including billion-dollar startup Luckin Coffee. [image: TechCrunch]
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