Selena Li – Charm – Daily News

Alibaba says to begin re-hiring on the back of renewed tech sector confidence

By Selena Li and Kane Wu HONG KONG (Reuters) -Alibaba Group Chairman Joe Tsai said on Tuesday there were clear signs China’s business entrepreneurs were more confident following a meeting with President Xi Jinping and that his company would re-commence hiring. “I think we have seen a very clear sign of businesses entrepreneurs becoming more…

China approves BNP Paribas, Volkswagen joint venture, Prudential insurance unit

Cs news7 months ago01 mins

HONG KONG (Reuters) – China has approved two more insurance units to be set up by BNP Paribas and Prudential Financial in a move to further open up the local insurance market to foreign companies. China’s National Financial Regulatory Administration (NFRA) has approved the creation of a joint venture between BNP Paribas and Volkswagen Financial…