FXI

People Above 45 More Interested In Shanghai Disneyland

A survey studying the attraction of Shanghai Disneyland, which is scheduled to open on June 16 , has shown that people above 45 years old are the most interested in visiting the amusement park.

China's Economy Expands 6.7% In Q1 Signalling Stablization

China’s economy grew by 6.7 percent year on year in the first quarter of 2016 to reach 15.9 trillion yuan (US$2.4 trillion), according to the latest data released by the National Bureau of Statistics (NBC) on Friday.

Alibaba Signs Deal To Develop Rugby In China

E-commerce giant Alibaba Group Holding Ltd is planning to develop rugby on the Chinese mainland and exclusively broadcast rugby content through the online platform of its new sport division-Alisports.

Huawei Set To Take On Apple In Key Markets

Huawei Technologies Co Ltd is preparing to challenge Apple Inc in a premium-end smartphone market as the Chinese telecom equipment maker unveiled a new flagship handset in the United Kingdom and a top executive spoke of plans to enter the United States.

China has policy tools to anchor economy, says Li

China is set to achieve its annual economic growth target while pushing forward supply-side reform, Premier Li Keqiang said on Wednesday.

China Mulls Creating New Interest-Rate Mechanism

China is exploring the creation of a mechanism that would use a band to guide the country’s interest rates, an approach aimed at giving the market a greater say in the financial system, a senior monetary official said on Sunday.

Economists: China Needs To Maintain Growth Of 6.5%

China must prevent its economic growth from falling below 6.5 percent this year, leading economists said on Wednesday. They were speaking ahead of the opening of the annual meetings of the country’s top legislature and political advisory body this week.

Chinese Shares Surge On New Regulator Appointment

Chinese shares regained the 2,900-point mark on Monday, following the appointment of a new regulator head on Saturday.

Apple Pay Takes On Local Mobile Payment Giants

Apple officially launched its much anticipated Apple Pay service in China on Thursday, through a partnership with China UnionPay, entering the country’s competitive mobile payment race. Users of the iPhone 6 or more advanced versions, certain iPads and Apple Watches will be able to use their devices to buy items across Apple’s second-largest market by revenue.

Apple Pay Expected To Arrive This Week

Stocks of mobile payment related companies soared on Tuesday over speculation that Apple Inc will introduce its cash-free smartphone payment service to China this week.