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Chinese economy
China’s local governments look to Middle Eastern funds for investment
...The Guangzhou government wants to raise Rmb200bn ($29bn). Shenzhen in January set up the first Middle East-China co-operation fund with Saudi Arabia’s PIF, with a value of $1bn....
May 9, 2023
Technology sector
Samsung and LG join forces against Chinese rivals in battle for display dominance
...Samsung and LG declined to comment on their co-operation....
February 21, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Art Basel Hong Kong 2024
Rebooted Art Basel Hong Kong back to full strength
...Ed Tang, who co-runs the advisory business Art-Bureau out of Hong Kong, New York and London, is of a similar mind....
March 23, 2024
InterviewChinese business & finance
Hong Kong tycoon calls bottom of China’s property slump
...Cheng said his group would invest the Rmb10bn over 12 months on land in top-tier Chinese cities such as Shanghai, Guangzhou, Hangzhou and Shenzhen....
August 28, 2022
Automobiles
Mitsubishi suspends China production as car sales plunge
...Following reports in local media, Mitsubishi said shareholders in its joint venture with Guangzhou Automobile Group (GAC) would seek a turnaround by reviewing how they managed the business in China and “...
July 14, 2023
Country Garden Holdings Co Ltd
Chinese developer Country Garden boosted after debt repayment deal
...Major cities including Beijing, Shanghai, Guangzhou and Shenzhen lowered minimum mortgage interest rates for first-time homebuyers last week....
September 4, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Country Garden Holdings Co Ltd
Country Garden posts $7bn loss as China’s property crisis deepens
...In a move that reflected the pressure on authorities, the southern cities of Guangzhou and Shenzhen relaxed mortgage lending conditions for first-home buyers on Wednesday....
August 31, 2023
Electric vehicles
Sports car maker Lotus explores IPO options to fund global expansion
...The Lotus senior team last week held a two-day event in London to test investor appetite, following similar events in Guangzhou, Shanghai and Beijing last year....
February 21, 2022
Japan Airlines Co Ltd
JAL gives tourists chance to reduce baggage by renting clothes
...A 7.5kg reduction in CO₂ emissions, it adds for reference, is the equivalent of forgoing using a hairdryer for 78 days (based on an average use of 10 mins per drying session)....
July 5, 2023
Industrial goods
DMG Mori tracks use of its machine tool products to prevent military application
...This, according to a report last month from Guangzhou-based GF Securities, will create “a huge risk” for exporters of high-end machine tools to China....
May 14, 2023
Chinese equities
Pharma and funeral stocks rally as investors ride China’s Covid exit wave
...Amid expectations of booming demand for fever medicine and other drugs, mainland China-listed shares of pharma companies Guangzhou Baiyunshan Pharmaceutical and Hualan Biological Engineering each gained...
December 13, 2022
Fast Retailing Co Ltd
Uniqlo steps up clothing repair service
...This creates unique garments that have higher sale value, Dudech says....
September 15, 2022
Moral Money
Kirin gets tangled in the divestment debate Premium content
...Khambay said the BHRRC has been monitoring a significant increase in labour and human rights abuse of garment workers in Myanmar since the military takeover....
August 8, 2022
Aviation accidents and safety
Boeing 737 passenger plane crashes in southern China
...The flight was travelling from Kunming to the city of Guangzhou. No information on casualties or the cause of the crash was immediately available....
March 21, 2022
Luxury goods
Patriotic Generation Z fuels pandemic-era jewellery boom in China
...Founded in 1929, Chow Tai Fook grew from one goldsmith’s shop in the southern Chinese city of Guangzhou to become known as the Tiffany’s of the east. The company has prospered during the pandemic....
January 19, 2022
FT Live
Climate Capital Live
The leading global platform for climate science, finance and business
Wednesday, 19 March 2025London, UK & Online
Blackstone Group LP
Blackstone drops $3bn takeover of property developer Soho China
...Blackstone’s co-founder Stephen Schwarzman has spent years wooing China’s political elite, including pledging $100m to build a prestigious international education programme at Beijing’s Tsinghua University...
September 10, 2021
News in-depthChinese business & finance
China eases pressure on property sector but reform remains priority
...“There are still systemic risks posed by a real estate meltdown to the broader economy,” said Deng Haozhi, a Guangzhou-based property analyst. “It is up to regulators to avoid that scenario.”...
November 23, 2021
Ping An Insurance Group Co of China Ltd
Ping An shares fall on fears of China Evergrande contagion
...A frantic sell-off surrounding Evergrande’s debt and equity has shown signs of spreading to other developers, including Guangzhou R&F and Fantasia Group....
September 17, 2021
Japanese business & finance
Fast Retailing founder rounds on Japan over coronavirus response
...That may involve expanding the role of factories in south-east Asia to making garments, whereas now they primarily sew China-made fabric, Mr Yanai said....
April 22, 2020
News in-depthMyanmar
Japanese companies stick with Myanmar despite putsch
...About 70 per cent of Japanese companies in the Thilawa Special Economic Zone are back in operation, said Tanaka, including all of the garment manufacturers that had flocked there in search of low labour...
February 23, 2021
The FT ViewThe editorial board
Arcadia and the shakeout on the high street
...After starting out selling excess stock in London’s rag trade — he claimed he could “price a garment at 20 paces” — he proved adept at assembling loan packages for acquisitions, then selling property and...
November 30, 2020
Companies
Prospering in the pandemic: winners and losers of the Covid era
...Contemporary Amperex Technology Co Ltd Sector: BATTERIES / HQ: NINGDE, CHINA China’s dominant maker of batteries for electric vehicles has boomed thanks to growing sales to global customers such as Tesla...
January 3, 2022
LexCoronavirus
Coronavirus/China property: room with a flu Premium content
...The coming weeks will bring the biggest test yet for China’s most indebted property developers, such as Evergrande and Guangzhou R&F....
February 11, 2020
LexLuxury goods
Shandong Ruyi: confessions of a shopaholic Premium content
...The Shenzhen-listed shares of affiliate Shandong Ruyi Woolen Garment are down 30 per cent from a March peak, reflecting the deteriorating balance sheet....
January 16, 2020
News in-depthThe Big Read
Lex in-depth: why coronavirus spells trouble for smartphones
...Any capacity boost from a new plant in the southern Chinese city of Guangzhou — which has been delayed by more than half a year by technical problems — will not come in time....
March 19, 2020

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