Weekly US-China News-Issue: June 30th, 2015

 

Market

China markets slump despite central bank rate cut – The Guardian

China regulators juggle IPOs with growth and a market plunge – Reuters 

China to become world’s biggest overseas investor by 2020 – Financial Times

Uber’s Biggest Rival In China Claims It Handles 3 Million Rides Per Day – TechCrunch

Internet/Technology/E-Commerce

Alibaba’s E-commerce Globalization Banks on Chinese Demand For Foreign Brands – Jing Daily

Western Firms Caught Off Guard as Chinese Shoppers Flock to Web – The Wall Street Journal

Alibaba’s Digital Bank Comes Online To Serve ‘The Little Guys’ In China – TechCrunch

Qualcomm in Venture With Chinese Chip Maker – The New York Times

Banking

China launches development bank for Asia, calls it first step in ‘epic journey’ – The Washington Post

China’s banks dominate rankings for profits, strength -Reuters 

Real Estate

Will China’s Manhattan Succeed, or Crash and Burn? – Bloomberg

Auction.com Targets Chinese Investors – Nation Real Estate Investor

New Program Could Further Boost Chinese Real Estate Investment in U.S – The Wall Street Journal 

Education

Scrutiny for Campuses in China – InsideHigherEd.com

Agriculture/Food and Wine

China’s grape rush – Financial Times

Ten Reasons Why China Needs the US – The Poultry Site

China to Implement Stricter Regulation on Imported Food, Improvements to Law Made – Yibada.com

China Business Insight

Can You Understand the Chinese Consumer in Just One Hour?  – McKinsey 

China’s Growing Pains – McKinsey 

In China, The Devil Now Wears Zara – Forbes

Mobile Is Key to Reaching China’s Wifi-‘Addicted’ Tourists En Route – Jing Daily

[Video] Cross-border Commerce: Winning Strategies for China – Thoughtful China

 

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