Like other cities in China, Shanghai has been eager to attract technology start-ups and other internet-related investments. Earlier this year, a woman listed as the executive director of the company that released Colorful Balloons on…
Monthly Archives For September 2017
China’s ICO Ban Doesn’t Mean It’s Giving Up On Crypto-Currencies
There were 43 ICO platforms in China as of July 18, according to a report by the National Committee of Experts on the Internet Financial Security Technology. Sixty-five ICO projects had been completed, the committee…
Mexico signs e-commerce deal with China’s Alibaba Group
The deal comes as Mexican President Enrique Pena Nieto wraps up a trip to China to discuss trade and investment, as part of a strategy to diversify and open new markets for his country’s products.…
Hashtag Trending – Tech execs react to DACA repeal, Google hiring in China
Tech executives speak out against Donald Trump’s move to end DACA, Google is hiring artificial intelligence talent in China, and Lenovo fesses up to spyware. From Twitter, technology company executives are reacting to this weekend’s…
China developing sea launch system to boost space commerce
State-owned China Aerospace Science and Technology Corporation (CASTC) said it is developing sea launch systems for commercial payloads to be carried by Long March rockets in 2018. The group disclosed its plan for the sea…
Shenzhen Kaizhong Precision Technology Co. Ltd. Makes Superior Proposal to Acquire Pacific Insight Electronics Corp.
SHENZHEN, China, Sept. 06, 2017 (GLOBE NEWSWIRE) Shenzhen Kaizhong Precision Technology Co. Ltd. (“Kaizhong” 002823.SZ) is pleased to announce that it has made a binding superior proposal (the “Superior Proposal”) to acquire all of the…
How UK football expertise could help China win World Cup
That is creating opportunities for British firms as Chinese entrepreneurs, hoping to profit from President Xi Jinping’s edict to make China a successful football nation, seek overseas expertise. “I first launched a football business in…
China tells Trump that North Korea nuclear issue must be solved via talks
U.S. President Donald Trump and China’s President Xi Jinping chat as they walk along the front patio of the Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, U.S., April 7, 2017. REUTERS/Carlos Barria…
A peek into how China’s mobile payment trend is encroaching on foreign markets
Editor’s note: This originally appeared on China Tech Insights, an English research unit affiliated to Tencent’s Online Media Group. China is going cashless, no doubt. Chinese consumers spent a total of $5.5 trillion via mobile…
China wants to sign a post-Brexit trade deal with the UK, but the idea it’s going to happen quickly is fantasy
So what lies in store for the future of Sino-British trade relations? Business Insider spoke to five experts in UK-China relations, whose opinions and predictions appear mixed. Here, they answer the key questions: If the…
Bad News, World: China Can’t Solve the North Korea Problem
After each North Korean provocation, a soothing mantra echoes through the halls of government and think tanks in the United States. China, it is frequently said, could solve this seemingly unsolvable problem, finally reining in…
Breakingviews – China’s house rental push is past due
HONG KONG (Reuters Breakingviews) – Beijing wants more people to rent. More leases and fewer mortgages could put China’s overheated property sector on a more sustainable footing, plus increase economic efficiency. But the initiative is…
China’s Wanda sues microbloggers for ‘malicious rumors’ about owner Wang Jianlin
The move underlines heightened sensitivity in corporate China to reports of company bosses coming under scrutiny, amid a crackdown on big-spending conglomerates that has seen some top executives detained or called in for questioning. The…