China Digest

Economics and policy from China’s newspapers

Tuesday September 19, 2017

China to amend constitution at 19th Party Congress

A recent politburo meeting has set the agenda for the upcoming 19th National Congress of the Communist Party of China (NCCPC), including plans to amend the constitution of the Party, Caixin reported.

Lotte in talks with several firms to sell discount chain

Lotte Group, South Korea’s retail giant, is in negotiations with multiple firms to sell its discount store chain in China after heavy losses brought on by diplomatic tensions between Seoul and Beijing, an unnamed industry source told Yicai.com on Monday.

Gree Electric Appliances denies deal with FAW Xiali

China’s Gree Electric Appliances denied that it struck a merger and acquisition deal with FAW Xiali, Yicai.com reported, citing an official announcement on Monday.

Passengers can use cellphones on Chinese flights soon

Airlines will now be allowed to evaluate the impact of portable electronic devices and make regulatory rules accordingly, the China Civil Aviation Authority (CCAA) said, which means it will soon be possible to use mobile phones on domestic flights, Yicai.com reported.