Tag Archives: PRC

UnionPay International launches its biggest-scale summer marketing campaign

20 Jun
Rainy Night in Shanghai, May 2016 - UnionPay International

SHANGHAI, June 20, 2018 /PRNewswire/ — As the summer approaches, China’s outbound tourism market will usher in an annual peak. A recent report released by China CYTS shows that over 60% of Chinese tourists traveling this summer will travel abroad. UnionPay International cardholders can use UnionPay cards in 169 countries and regions, and over 20,000 merchants overseas are participating in UnionPay International’s summer marketing […]

The “UnionPay” app can be used in 25 countries and regions outside mainland China

27 Apr
Shanghai China, skyline long exposure industrial

SHANGHAI, April 27, 2018 /PRNewswire/ — To better meet UnionPay cardholders’ demands for mobile payment services, UnionPay International is expanding the acceptance scope of the “UnionPay” app outside mainland China. UnionPay International announced today that users of the “UnionPay” app can now enjoy safe and convenient UnionPay mobile payment service in 25 countries and regions outside the Chinese […]

Sino-US Business Leaders Summit Successfully Held

30 Mar
Miami Business Leaders Summit

MIAMI, March 30, 2018 /PRNewswire/ — China has become the biggest trade partner of the United States since the reform and opening-up policy of China. According to the statistical data of the U.S. Department of Commerce, in 2016, the export sales of the U.S. to China reached USD 115.78 billion, the import amount from China reached USD 462.81 billion, and China became the biggest trade partner of the U.S., accounting for 21.1% of […]

Silicon Valley and Chengdu Hi-Tech Zone to Mutually Set Up “Technology & Finance Center”

27 Mar
Chengdu Hi-Tech Zone

CHENGDU, China, March 28, 2018 /PRNewswire/ — On March 27th, Chengdu Hi-Tech Zone, Silicon Valley city clusters (Dublin, Mountain View, and Menlo Park), and Him Group, a management consulting company in Silicon Valley, signed a Memorandum of Understanding on cooperating to set up the “Chengdu-Silicon Valley Technology & Finance Center”, aiming at promoting the realization of the global development of SMEs in both Silicon […]

Tech Giant Tencent’s 2017 Profit Surpasses Expectations, Up 105% Says Kangyo Yokohama Securities

23 Mar
Tencent and UnionPay

TOKYO, March 23, 2018 /PRNewswire/ – Kangyo Yokohama Securities has recently commented on Chinese tech titan Tencent, which is best known for its messaging app WeChat, ‎who has just announced net profits of RMB 21.6 billion ($3.4 billion) for its fiscal year in 2017. The ‎figure was up 105 percent year-over-year, its biggest leap in more than a decade, ‎supported by […]

China Offshore Investment and Banking Secrecy

11 Mar
China Offshore Investment and Banking Secrecy

Hiding assets PRC style (off the grid) and pretending someone else called ”Aunty”, a business, trust or nominee account owns them puts you at criminal risk needlessly. ORSO402(b) legal non-disclosure programming has regulatory recognition in Hong Kong, in the Peoples Republic of China and anywhere else you can think of is AEOI tax rules compliant […]

What you need to know about blockchain and cryptocurrency in the US and China

08 Mar
blockchain and cryptocurrency in the US and China

BOSTON, March 9, 2018 /PRNewswire/ — In 2018, China’s official media organ People’s Daily published a full-page report entitled “Leveraging Blockchain to Become a Leader in the Digital Economy”, again emphasizing that blockchain ushers in a new era as the catalyst of a next-generation technology revolution. In the capital market, prices of blockchain concept stocks have fluctuated wildly. The […]

China Takes Top Spot in Multinationals’ Global Investment Plans

28 Feb
Guangzhou China Investment

Guangzhou, followed by Shenzhen Rated Most Favored Investment Destination in China GUANGZHOU, China, March 1, 2018 /PRNewswire/ — The American Chamber of Commerce in South China (“AmCham South China“) today released its 2018 White Paper on the Business Environment in China and 2018 Special Report on the State of Business in South China. The 533-page 2018 White Paper, now in its tenth year, presents a highly researched, […]

China International Import Expo To Debut In Shanghai, Helping Boost World Trade

05 Jan
China International Import Expo To Debut In Shanghai, Helping Boost World Trade (PRNewsfoto/China International Import Expo)

SHANGHAI, Jan. 5, 2018 /PRNewswire/ — In a significant move to further support the growth of global trade, China International Import Expo (CIIE) will launch its first exhibition at National Exhibition and Convention Center (Shanghai) from 5 to 10, November 2018. With an exhibition area covering over 59 acres (240,000 square meters), CIIE signals the Chinese government’s latest […]

China’s FinTech will lead global development

10 Jun
China's FinTech will lead global development

HONG KONG, June 10, 2017 /PRNewswire/ — On 2nd June, world-renowned financial magazine, The Economist, hosted a summit titled “Finance Disrupted: Asia“ in Hong Kong. In addition to Morgan Stanley’s Managing Director, Crawford Jamieson, President of UBS Asia Pacific, Kathryn Shih, Executive Vice President of ANZ Group, Farhan Faruqui, and other international leading experts, a […]