By Michael Schuman As they’ve guided China’s remarkable economic ascent over the last four decades, the country’s leaders have largely been content to focus on raising incomes and building factories. They’ve steered clear of messy…
Monthly Archives For May 2017
School bus crash in China kills 12
Twelve people, including several South Korean schoolchildren, were killed Tuesday when their bus was involved in an accident and caught fire inside a tunnel in eastern China, the local government and a South Korean diplomat…
China's Alipay takes on Apple in US expansion
But there are also signs of US firms in the same industry looking for opportunities in China. In February, Apple teamed up with China’s state-owned bankcard association, China Union Pay, allowing the lender’s cardholders to…
Istuary Idea Labs Invests $2 Million in Bluewrist and Leads Tech Firms on Trade Mission to China
2017–(T-Net)–Canadian and U.S. technology firms with an eye on global expansion are headed to China for a two-week trade mission starting May 15. Istuary Idea Labs of the Istuary Innovation Group has organized a five-city…
China, Egypt take steps to share their technology
China is expected to sign a memorandum of understanding with Egypt on Saturday, with the aim of developing a cooperative network for technology transfers, top scientists in China and foreign representatives said. Joint laboratories, platforms…
B.C. tech firm banks on Chinese appetite to automate
China proved to be U.S. President Donald Trump’s No. 1 target … Vehicle companies like Magna International (TSX:MG) and Chrysler use Bluewrist’s technology at manufacturing plants. “They have good technology in terms of visual guidance,…
China's push into the passenger jet market is not seen as an immediate threat to Boeing, Airbus
The C919 will be assembled in China, with some technology from Western partners, including affiliates of Honeywell and General Electric. “There’s an expectation of reliability in the components, but the $64,000 question is the quality…
Tech deals down in China, despite record Didi funding in April
Mergers and acquisitions in mainland China’s technology sector saw a year-on-year decline of 12.9 per cent in the past four months, despite the massive US$5.5 billion funding round scored by ride-hailing giant Didi Chuxing about…
China's Uber rival takes step toward global plunge
Didi Chuxing starts rolling out an English version of its ride-hailing app in China, as it eyes an international launch. If you’re visiting China but don’t speak the language, you may be relieved to hear…
China optical technology purchase slowdown temporary; LightCounting
Despite a decrease in demand for optical communications technology in China so far this year, LightCounting expects optical component and module sales to remain strong in 2017. Strong sales from data center operators should help…
Li gets close look at China-made tractor
China previously depended on overseas technology for such products. WU ZHIYI / CHINA DAILY Premier Li Keqiang called on Monday for further efforts to drive agricultural modernization and manufacturing upgrades amid China’s economic transformation. (…
Chinese buyers snap up gold bars amid fears of war, falling yuan and property slump
Mao Mao, the shop assistant at China Gold in downtown Shanghai, says there are three reasons why Chinese investors have been snapping up gold bars this year and they are all to do with fear.…
Chinese property buyers lead foreign investors in Australia – report
The figures in the Foreign Investment Review Board’s 2016 annual report highlight the huge Chinese appetite for Australian property even as economists expect the housing market to ease in 2017 amid rising lending rates. “For…
