“China’s brands are not only changing the way that people around the world think about brands, they are also changing the way those people think about Brand China.” BrandZ has released its annual Top 50…
Monthly Archives For February 2018
China state planner, Samsung Electronics in deal for chip cooperation: China Daily
BEIJING (Reuters) – China’s state planner and South Korea’s Samsung Electronics Co Ltd have signed a memorandum of understanding for further cooperation on semiconductors, state media China Daily reported on Tuesday. The agreement between China’s…
China’s winter resorts face tougher terrain despite Olympics excitement
MENTOUGOU, China (Reuters) – At its peak a decade ago, the Muchengjian mine churned out mountains of coal on the western outskirts of Beijing. Now, the mine in Beijing’s Mentougou district is pinning its future…
China’s credit ratings plan: from social media to medium of social control
China’s leaders would do well to heed Milken’s words as … with internet giant Tencent’s nationwide launch of a new individual credit scoring system within its popular WeChat mobile app. According to the company, the…
Beijing bans bitcoin, but when did it all go wrong for cryptocurrencies in China?
The People’s Bank of China (PBOC) and four other financial regulators issue a joint notice outlining the risks associated with bitcoin. Beijing states that it is not a currency, and prohibits banks and other financial…
Zecotek Announces New Subsidiary in China, and new Financing of $5 Million (at $75 Million Valuation)
The divisional financing was based solely on the appraised pre-commercialized value of Zecotek’s patented LFS scintillation crystal technology of approximately $75 million. “The funds raised by the equity sale in Zecotek Imaging China will be…
From drones to dredgers: stop China’s top tech falling into foreign hands, military warns
China’s military has raised the alarm about the country’s cutting-edge tech falling into foreign hands – as Beijing continues to come under fire from the West for forcing firms to hand over the keys to…
Philippines on China military build-up: No war option
President Rodrigo Duterte’s office said on Monday that Filipino officials “know about the work” of China in seven disputed reefs, and the country relies “on the principle of good faith” that Beijing “will not reclaim…
Rejected three times due to fear of Beijing, controversial book on China’s secret influence will finally be published
A controversial Australian book on China’s growing influence will finally be released next month. The book was shelved by its publisher last year due to fear of legal action by Beijing-linked “agents of influence.” Two…
China’s smart home devices start-up gets US$54.4m from Citic and Baidu
It has so far collaborated with 18 top property developers in the mainland, including China Vanke, China Merchants Property and COFCO Property in cities like Beijing, Shanghai and Shenzhen, to provide smart home technology and…
China’s Okay Airways Plans China IPO Around 2021, Executive Says
China’s Okay Airways Co. is planning to sell shares in an initial public offering in its home country around 2021 and use the proceeds to help finance aircraft purchases. In the run-up to the IPO,…
China: Trade probe of US sorghum a ‘normal’ investigation
The Ministry of Commerce announced Sunday it was investigating whether U.S. sorghum was being exported to China at improperly low prices … spokesman Geng Shuang said at a regularly scheduled news briefing. The Ministry of…
China Enlists Its ‘Great Firewall’ to Block Bitcoin Websites
“Overseas transactions and regulatory evasion have resumed,” said an article published Sunday night by the People’s Bank of China-affiliated Financial News, as quoted by the South China Morning Post. “Risks are still there, fueled by…