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Uber-Didi Deal, Meet Your First Hiccup: Antitrust Regulator Mofcom
Tuesday, August 2, 2016 - 11:06am | 294Read More...The ramifications of Uber's agreement to sell its Chinese business to rival Didi Chuxing could change the entire landscape of the "sharing economy." That is, if the deal ends up happening in the first place. According to Reuters, China's commerce ministry (Mofcom), could stand in the way of Uber's...
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Chinese Investments Abroad Surge More Than 58% In 2016; Country Becomes Net Funds Exporter
Wednesday, July 20, 2016 - 3:34pm | 204Read More...Official data out of China’s Ministry of Commerce showed a 58.7 percent year-over-year increase in the country’s non-financial outbound direct investment over the first half of the year. The January-to-June period saw overseas investment rise to 580.28 billion yuan ($86.9 billion),...
