The newly revamped KraneShares Zacks New China ETF (ticker: KFYP) is a smart beta strategy that offers exposure to the sectors targeted for growth by China’s 13th Five Year Plan. KFYP holds companies listed in Mainland China, Hong Kong and the United States. NEW YORK, NEW YORK (PRWEB) JUNE 22, 2016 Krane Funds Advisors, LLC, […]
Wal-Mart rips up China online strategy, starts again with stake in Alibaba rival
BY LAUREN HIRSCH AND ADAM JOURDAN Wal-Mart Stores Inc (WMT.N) has sold its Chinese online grocery store in return for a stake in the country’s no. 2 e-commerce firm, ripping up its previous strategy in efforts to cure ailing sales in one of the world’s toughest retail markets. The deal will see the U.S. grocery […]
mark schlarbaum, starts again with stake in Alibaba rival, Wal-Mart rips up China online strategyChina One Step Closer to Its Own GPS
A Rocket Launch Brings China One Step Closer to Its Own GPS ON SUNDAY MORNING, the Chinese government launched the 23rd satellite in its BeiDou Navigation Satellite System—the Chinese equivalent of GPS—into orbit aboard a Long March-3C rocket. BeiDou has worked for a while on a regional level, but China has been racking up the […]
China One Step Closer to Its Own GPSChina’s silicon dragons too big to ignore
by Michael Smith The hundreds of Australian company directors pouring into Silicon Valley and Israel on fact-finding missions are being advised to look closer to home in the search for inspiration from the world’s technology hot spots. China’s tech giants tend to get overlooked by the senior executives visiting companies like Google, Facebook and LinkedIn […]
China's silicon dragons too big to ignoreChina’s Bitauto raises $300M, with Baidu, JD.com and Tencent each chipping in $50M
Ingrid Lunden (@ingridlunden) As the on-demand transportation industry continues to heat up in China, one of the bigger online marketplaces for cars is also capitalizing on the growth. Bitauto Holdings — which both operates a giant car marketplace that we’ve in the past described as Cars.com, Consumer Reports and Auto Trader rolled into one; and […]
China’s Bitauto raises $300MChina’s New Silk Road Into Europe Is About More Than Money
Beijing is spending billions on new ports and rail lines, but its ambitions for Europe are as much about geopolitics as commerce. By Keith Johnson China is actively building out the European portion of its ambitious new “Silk Road” plan, with port deals from Greece to the Netherlands, railroad investments in Greece, Serbia, and Hungary, […]
China’s New Silk Road Into Europe Is About More Than Money