Amazon has agreed to sell its China web services business to Beijing Sinnet Technology Co. for $300 million. Beijing Sinnet began operating the services in August 2016. (Reuters) – Amazon.com Inc’s Chinese partner, Beijing Sinnet…
Monthly Archives For November 2017
China’s economy cools as government curbs hit factories, property and retailers
China’s economy cooled further last month, with industrial output, fixed asset investment and retail sales missing expectations as the government extended a crackdown on debt risks and factory pollution. Beijing is already in the second…
China premier says will protect South China Sea freedom of navigation
BEIJING (Reuters) – China will firmly safeguard freedom of navigation and overflight in the South China Sea, Premier Li Keqiang said on Tuesday at a regional summit in Manila, state news agency Xinhua reported. “Li…
China successfully develops first Hualong One nuclear reactor
China, which has become a pioneer in the nuclear power sector globally, is seeking regulatory approval for use of the technology in Britain China’s first nuclear reactor using Hualong One technology, a domestically developed third-generation…
Global shares mixed, China data disappoints
CHINA WATCH: China’s industrial value-added output expanded … The euro strengthened to $1.1691 from $1.1656. AP Business Writer Yuri Kageyama can be reached at https://twitter.com/yurikageyama Her work can be found at https://www.apnews.com/search … ( read…
China and Vietnam agree to ‘maintain peace and stability’ in disputed South China Sea
Hoang Dinh Nam/Pool Photo via AP China and Vietnam released a joint statement saying that they would work together to maintain “peace and stability” in the South China Sea. Chinese President Xi Jinping met with…
A giant Australian publisher scrapped a book on China’s influence out of fear for Beijing’s wrath
Chinese flags flutter at Tiananmen Square ahead of the Belt and Road Forum in Beijing Thomson Reuters An Australian publisher has shelved a book on China’s influence in Australia, out of fear of reprisal from…
China property investment growth cools in Oct, sales decline accelerates
BEIJING (Reuters) – China’s October property sales and new construction starts fell in October as the property market cooled from a two-year boom in the face of a tighter liquidity environment and a crackdown on…
Amazon to sell China cloud services unit in $300 million deal
and has previously worked with some of China’s largest tech firms including Xiaomi Inc, Qihoo 360 Technology Co Ltd and Kingsoft Corp Ltd. Cloud services have become a crowded and competitive field in China in…
Markets drop after China releases economic data
TOKYO – Asian shares were mostly lower Tuesday as markets watched for tax reform developments in the U.S. and digested economic data from China. KEEPING SCORE: Japan’s benchmark Nikkei 225 recouped earlier gains to end…
UPDATE 2-China property investment growth cools in Oct, sales decline accelerates
BEIJING, Nov 14 (Reuters) – China’s October property sales and new construction starts fell in October as the property market cooled from a two-year boom in the face of a tighter liquidity environment and a…
China property investment growth cools in October, sales decline accelerates
BEIJING (Reuters) – Real estate investment cooled in October and a sales decline steepened, reinforcing expectations of a gradual slowdown in China’s economy as the property sector loses momentum amid official crackdown on riskier lending.…
Growth in China property investment slows to 7.8 pct in Jan-Oct
BEIJING, Nov 14 (Reuters) – Property investment in China rose 7.8 percent in January-October from the same period a year earlier, slowing from an 8.1 percent gain in the first nine months of 2017, official…
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