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Battered Middle Class Get Frugal as Some Just Flee: Next China - Vimarsana News

Battered Middle Class Get Frugal as Some Just Flee: Next China

Hello, this is Allen Wan in Beijing.All I want for Christmas is a really warm coat and for Santa to bring a little cheer to my middle-class friends after a difficult year.

China's Bruised Middle Class Has Bad News for Global Brands - Vimarsana News

China's Bruised Middle Class Has Bad News for Global Brands

Even high earners in China with six-figure salaries are cutting back on their spending — and it’s not good news. What’s fueling their concerns and what does…

Source: biztoc.com
China becomes first country to approve autonomous flying taxis - Vimarsana News

China becomes first country to approve autonomous flying taxis

Flying taxis might soon be a thing, at least in China. Last week, a company named EHang Holdings announced it had received approval from the Chinese government...

China Hosts Esports' Biggest Moment With Tencent at the Wheel - Vimarsana News

China Hosts Esports' Biggest Moment With Tencent at the Wheel

(Bloomberg) -- China scythed nearly $600 billion off Tencent Holdings Ltd.’s market value in its crackdown on tech and gaming. Now the country is betting on its biggest company — and professionalized video games — to help restore some national pride.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed

Source: yahoo.com
Shanghai Woman in Focus as Probe Shows Fear of Capital Exit - Vimarsana News

Shanghai Woman in Focus as Probe Shows Fear of Capital Exit

(Bloomberg) -- Chinese state-run media outlets are adding credence to speculation that an executive who helps wealthy families move their money to the US was among those detained last week for illegal currency trading, as President Xi Jinping’s government moves to prevent capital outflows in the face of economic woes. Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeOut of Options

Source: yahoo.com