"Slump in Hong Kong, Macau Hits Burberry Christmas Sales" (Bloomberg)
"Burberry Group Plc reported Christmas revenue that trailed its own forecast, hurt by a slump in demand in Hong Kong and Macau."
"Missing Chinese Billionaire Zhou Chengjian Returns to Work" (CNBC)
"The billionaire founder of one of China’s most famous fashion brands has returned to work a week after his company said he had gone missing, the latest in a series of entrepreneurs and financiers apparently embroiled in Beijing’s anti-corruption campaign."
"China Hits Bumps on Road to an Internationalised Yuan" (Bloomberg)
"China’s latest measures to shore up its currency and plug an outflow of capital risk setting back the long-held goal for an internationalised yuan."
"China's Baidu Says in Talks to Invest in Indian E-Commerce Start-Ups" (Reuters)
"Baidu Inc is in talks to invest in Indian e-commerce start-ups including Zomato, BookMyShow and BigBasket, a spokesman for China's top online search provider said on Wednesday."
"China Gets $37 Billion Closer to Taking the U.S.'s Tech Crown" (Bloomberg)
"Venture capitalists poured a record $37 billion into China startups last year, more than double the previous year’s tally, as the country emerges as a legitimate challenger to the U.S. for leadership of the technology industry."