Tag Archives: Danwei Bulletin

Will a tax rebate rejuvenate China’s restaurant industry?

According to a Southern Daily 南方日报 report, Wang Huiying (王惠英), vice inspector of the “Trade in Services and Commercial Services Department” of Ministry of Commerce, revealed that the Ministry is seeking to lower the business tax rate for restaurants from … Continue reading →

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Mobile banking: Minsheng bank punches above its weight

EnfoDesk, a Chinese market research company, published a report on China’s mobile phone banking sector. According to the report, bank transactions conducted via mobile phones in Q4 of 2013 reached just over 370 billion yuan, 35.90% higher than the previous … Continue reading →

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Does Vancl face a cash crunch?

Upstart Chinese clothing brand Vancl, a rising Internet star that aims to be Zara and Amazon rolled into one, has been the subject of a series of negative news reports. Of late, according to New Financial Observer (新金融观察报), a financial newspaper … Continue reading →

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Baidu eyes Internet finance industry?

An article published by China Business News (第一财经日报) on October 17 claims to provide a glimpse into search giant Baidu’s ambitions to enter the Internet financial industry. The article quotes a source “close to the matter” who says that Baidu … Continue reading →

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Hotel customer info vulnerability “threatens family harmony”

WooYun.org, a Chinese Internet security forum that publishes information about security loopholes, recently issued a warning about the data security of hotel records. Such information — including customers’ IDs, room numbers, and check-in and check-out times — is stored on the … Continue reading →

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Courier companies exposed selling delivery addresses to telemarketers

Economic Information Daily 经济参考报, a business newspaper managed by Xinhua News Agency, published an investigative story on  the business of selling names, addresses and contact information extracted from the addresses of senders and recipients on courier packages packages. Courier (kuaidi 快递)services have … Continue reading →

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Infant formula wars: “National team” just a cheap gimmick

On October 14, Caixin’s New Century weekly magazine 财新《新世纪》周刊 published a cover story entitled “The milk formula war”. The article argues that the “milk formula national team” (奶粉国家队), as a campaign launched by the government to hype certain local infant formula companies … Continue reading →

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Nongfu Spring water: How food safety scandals affect a company’s image

This article is by Chris Marquis, Associate Professor at the Harvard Business School and Zoe Yang, Research Associate at the Harvard Business School. You can find more of their work on Civil China. Food safety is one of the most serious … Continue reading →

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Beijing to add charging stations, e-taxis and subsidies

This post is an extract from the Danwei Bulletin, a briefing of company and market news collected from the Chinese news and social media before the information appears in English language reporting and sent to premium subscribers of the FT’s China Confidential and … Continue reading →

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AQSIQ: Excessive lead detected in L’Occitane exfoliant

This post is an extract from the Danwei Bulletin, a briefing of company and market news collected from the Chinese news and social media before the information appears in English language reporting and sent to premium subscribers of the FT’s China Confidential and … Continue reading →

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