Kate Zhao graduated from the Graduate School of Communication at Zhejiang University, with a major in cross-culture communication. She has worked as both a full-time and part-time business reporter at various Chinese media such as China Business, China Marketing, New Marketing, and 21st Century Business Herald. She also worked as a public relations manager for Crest brand at P&G Greater China in Guangzhou.
From Financial Times: Beijing raised the limits for overseas investment by Chinese insurance companies on Wednesday to 15 per cent of their assets, potentially adding up to $50bn to the wall of money available. China’s Insurance Regulatory Commission said it was raising the cap on overseas investments by insurers from 5 per cent with immediate […]
Read MoreFrom BBC News: China’s yuan has recorded a new high against the dollar ahead of a visit to the country by a top US official. The yuan stood at 7.5596 against the dollar, 7.28% higher than its value in July 2005 when the government ended its fixed exchange rate policy. Analysts said the currency had […]
Read MoreFrom Reuters: A Chinese blogger who billed himself as the “patron saint” of stock tippers will be charged with conducting an illegal business believed to involve as much as 10 million yuan ($1.32 million), Xinhua news agency said. Changchun prosecutors will file the case against Wang Xiujie, known to his online readers as “Big Brother […]
Read MoreFrom Financial Times: Fundraising for private equity in China bucked the overall trend in Asia by more than doubling in the first half, at a time when private equity managers are struggling to put their Chinese money to work, figures on Tuesday revealed. Private equity firms raised $5.26bn to invest in China, a 239 per […]
Read MoreFrom Caijing.com.cn: Even as a nasty dispute drags on between France’s foods giant Groupe Danone SA and its Chinese joint venture partner Hangzhou Wahaha Group Co., French business in China continues to grow. Evidence can be found on the membership rolls of the French Chamber of Commerce and Industry in China (CCIFC) , which recently […]
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