“Apple has been more successful in China than any Western tech company because their business model — selling devices that integrate software and hardware — couldn’t be copied and couldn’t be blocked,” said Ben Thompson,…
Monthly Archives For August 2017
US destroyer in South China Sea called ‘provocation’ by Beijing
(CNN)A maritime dispute in the South China Sea flared up on Thursday when a US destroyer sailed near man-made island claimed by China, a move Beijing labeled a “provocation” and the United States called appropriate…
China’s July fiscal spending pace slows, but revenues rise
though the broad consensus is for growth to cool slightly in the coming quarters as the authorities continue to crack down on financial risks. (Reporting by Beijing Monitoring Desk and Sue-Lin Wong; Editing by Jacqueline…
China protests US ship sailing by island in South China Sea
China expressed its “strong dissatisfaction” with the U.S. over the Navy’s latest freedom of navigation operation in which a warship sailed past one of China’s man-made islands in the strategic South China Sea. Foreign Ministry…
At least 36 killed, 13 injured after bus crash in northwest China
a city in central China, from Chengdu, the capital of the southwestern province of Sichuan. Such long-distance buses are a common mode of transport, particularly for migrant workers and other Chinese with low incomes. The…
Trump says sanctions won’t affect North Korea, despite praising China, Russia for support
While speaking to reporters on Thursday, U.S. President Donald Trump said that despite having respect for the decision of China and Russia to support sanctions on North Korea, he doesn’t believe sanctions will be effective.…
China says investigating Baidu, Tencent, Weibo for breaching cyber laws
Cyber surveillance is being tightened further ahead of the 19th National Congress of the Communist Party of China expected to be held later this year, when global attention will be on news coming from the…
China says U.S. destroyer in South China Sea violated country’s security
WASHINGTON – A U.S. Navy destroyer carried out a “freedom of navigation operation” on Thursday, coming within 12 nautical miles of an artificial island built up by China in the South China Sea, U.S. officials…
China pledges neutrality – unless US strikes North Korea first
China’s government says it would remain neutral if North Korea … One North Korean government official, meanwhile, accused Trump of “going senile,” Fox News reported. ( read original story …)
BRIEF-China SCE Property posts contracted sales of about RMB2.14 bln in July
* In July 2017, group achieved a contracted sales amount of approximately RMB2.140 billion Source text for Eikon: Further company coverage: ( read original story …)
China Unicom (Hong Kong) Limited (ADR) (CHU) Forms $14.77 Double Top; Principal Real Estate Income Fund (PGZ)’s Sentiment Is 0.9
Pan Global Resources Inc. is engaged in the acquisition of rights to explore for minerals and the exploration of acquired rights. The company has market cap of $9.01 million. China Unicom (Hong Kong) Limited (ADR)…
A Missing Tycoon’s Links to China’s Troubled Dalian Wanda
Wanda, with its substantial debts and extensive financial ties to the families of China’s Communist Party elite, is the prototypical gray rhino. Wanda involvement with companies connected with Mr. Xiao goes back more than eight…
NetEase Reports Second Quarter 2017 Financial Results
BEIJING, Aug. 10, 2017 /CNW/ — NetEase Inc., (NetEase or the Company) reported second quarter 2017 financial results. Net revenues were US$2.0 billion, up 49.4% year-over-year and net income was US$438.4 million, up 9.2% year-over-year.…