Larger role of A shares in MSCI index, greater QFII quotas expected to spur capital inflows
Last year, the Hangzhou Internet Court ruled in favor of Entertainment One which identified the infringement of the Peppa Pig copyright by two Chinese companies. These companies were subsequently ordered to cease production and sales of their toy kitchen sets that featured the image of Peppa Pig. They were also ordered to pay a combined 150,000 yuan (,150) in fines.
Last week, CEO Qian Zhiya and COO Liu Jian were fired by the board,and Guo Jinyi, a board member and senior vice-president, was named as acting CEO.
Last week, angry parents claimed their children were abused at the RYB Education New World kindergarten in the district. The police stepped in and an investigation showed a female teacher allegedly used sewing needles to "discipline" children who would not sleep.
Last month, Ant Financial made a second bid for US electronic payment firm MoneyGram, increasing its offer to per share in cash from .25, taking the total transaction value to about .2 billion.
Last November, the ministry and the National Development and Reform Commission issued a guideline designed to deepen road transport fare reform, urging local governments to make taxi fares more flexible.
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Last year, Cambricon unveiled its first chip, Cambricon-1A, which the company branded as the "first commercial deep learning application".
Last year, China became the largest market for Lancome, another premium brand in L'Oreal's portfolio, said Ma Xiaoyu, general manager of Lancome China. Ma said the Chinese cosmetics market is entering its third evolutionary phase during which makeup products will take more share of the market and make a greater contribution to Lancome's sales revenue. This can be largely attributed to younger consumers born in the 1990s, whose consumption habits are more similar to those in the US and European markets.
Last year, a survey released by Penguin Intelligence, an internet-focused think tank affiliated to Tencent Holdings Ltd, showed that up to 55 percent of China's online population paid for "knowledge content".
Last month Barnaby Joyce, who was the National Party leader and deputy prime minister, was forced to stand down and recontest his seat of New England in a by-election on Dec 2 after he was ruled ineligible by the High Court. Though born in Australia, he was conferred New Zealand citizenship by descent from his father.