China has repeatedly been rocked by scandals involving domestic baby formula brands tainted with unsafe materials. The most serious occurred in 2008 when scores of infants fell sick or died from baby formula tainted with…
Monthly Archives For January 2018
China’s IPO hopes buoyed by outsized belief in ‘unicorns’
Xiaomi has a scant 7 per cent share of the smartphone market and is still clawing its way back from a particularly torrid low point. However, bankers advising the Chinese handset maker on a potential…
EXFO partners with China Mobile to prepare network for IoT
QUEBEC CITY, Jan. 22, 2018 /PRNewswire/ -EXFO Inc. (EXFO) (TSX: EXF), the network test, monitoring and analytics experts, announced that China Mobile Communications Corporation (CMCC), with the support of EXFO’s test solutionthe only one that…
China’s Wanda taps Citigroup, CLSA, UBS for sports unit IPO: sources
SAN FRANCISCO/HONG KONG (Reuters) – Chinese conglomerate Dalian Wanda Group has tapped three banks including Citigroup Inc and UBS Group AG to work on a proposed initial public offering for its sports businesses, four people…
Ford tests Focus prototype in U.S. ahead of China production launch
DETROIT (Reuters) – Ford Motor Co is testing prototypes of the redesigned 2020 Focus compact car on U.S. roads 18 months ahead of the car’s production launch in China. The 2020 Focus will be the…
People: PBoC deputy appointed vice-mayor of Beijing
China: One of the Chinese central bank’s deputy governors has been appointed the vice-mayor of Beijing, according to an official government announcement. Yin Yong, who was appointed deputy governor of the PBoC in 2016, was…
China and the west head for a clash of systems
The Davos splash made last year by Xi Jinping, China’s leader, derived from his apparent defence of globalisation. His message played well to the globetrotting elite, but a year later the disharmonies between China and…
China bans hip hop, actors with tattoos from appearing on television
and funeral culture (decadent culture),” according to news portal Sina. Rappers PG One and GAI, who were both featured on the massively popular show “Rap of China,” have been sanctioned for content that runs counter…
China is already gene-editing a lot of humans
A new report says at least 86 people have had their genes edited in China to help cure disease. What’s new: An investigation by the Wall Street Journal says that CRISPR gene-editing has actually been…
China defends role in trade after U.S. criticism
China is “strictly complying with WTO rules” and “making great … “We are a defender, builder and contributor of the multilateral trade system,” Hua said at a regular news briefing. “And you may have noted…
China Publishes More Scientific Articles Than the U.S.
The numbers: According to the National Science Foundation, China published over 426,000 research papers … the frequencies that affect particular ecosystems. Last week’s CES technology show sold a vision of driverless cars—but this week’s motor…
China Unicom Deploys Huawei CloudFabric To Build Private Cloud
Chinese operator China Unicom Monday announced that it has selected Huawei CloudFabric solution to build its first ever private cloud resource pool. The move marks a significant step for China Unicom in enabling its business…
BMO boosts ties with Chinese bank as country vows to open up sector
Bank of Montreal is venturing deeper into China by expanding its relationship with the country’s largest state-owned bank. A new memorandum of understanding with Industrial and Commercial Bank of China Ltd. (ICBC), signed in November…