“No one will emerge a winner from a trade war,” said Li, the No. 2 Chinese leader, at an annual news conference held during the meeting of China’s ceremonial legislature. The move against China comes…
Monthly Archives For March 2018
What’s Intellectual Property and Does China Steal It?
As penalties for stealing go, it must rate among the steepest. U.S. President Donald Trump is said to be planning $50 billion of tariffs on imports from China as punishment for the country’s alleged theft…
Beijing must prepare for military clash over Taiwan, state-run tabloid says
A widely read Chinese state-run newspaper said on Thursday Beijing should prepare for military action over self-ruled Taiwan, and pressure Washington over cooperation on North Korea, after the United States passed a law to boost…
Trump prepares China trade sanctions, Beijing vows retaliation
President Donald Trump is poised to unveil sanctions against China on Thursday for the “theft” of US intellectual property, fueling fears of a trade war as Beijing vowed to retaliate. White House spokesman Raj Shah…
Beijing gives Baidu licenses to road test driverless cars
Beijing city authorities gave Baidu the first batch of licenses to conduct open road test for driverless vehicles. Chinese tech giant Baidu has been making efforts in developing AI technology and is the only company…
Merlin Entertainments to build a mini-Beijing in Beijing
British company Merlin Entertainments will open a new attraction full of miniature models and high-tech interactive experiences of Beijing’s landmarks in summer, it was announced on Wednesday. A miniature Temple of Heaven from Little Big…
Beijing releases licenses for self-driving car road testing
A self-driving vehicle (R) for public road testing runs on a road in Beijing, capital of China, March 22, 2018. Beijing released its first temporary license plates for Baidu’s self-driving vehicles for public road testing…
Beijing follows Fed with rate hike with eye on cashflows
China on Thursday raised the amount it charges lenders to borrow cash as it looks to prevent cash outflows after the Federal Reserve’s latest interest rate hike. With the Fed embarking on a period of…
Baidu receives approval to test self-driving cars on Beijing’s open roads
Beijing authorities have issued special license plates to Baidu, China’s largest Internet search engine, which allow it to test autonomous vehicles on designated open roads within the city. Five of Baidu’s Apollo self-driving cars were…
Baidu granted Beijing’s first plates to test autonomous vehicles
Shanghai (Gasgoo)- According to local media, Beijing issued its first batch of temporary plates for road tests of autonomous vehicles. Beijing Baidu Network Technology Co., Ltd., Baidu Inc’s subsidiary, was given 5 temporary plates. Reportedly,…
China Mobile warns of revenue pressure due to price cut
HONG KONG (Reuters) – China Mobile, the world’s biggest mobile phone operator by subscribers, warned on Thursday of revenue pressure as it plans to cut prices by more than 30 percent this year in response…
China calls U.S. repeat abuser of world trade rules as it braces for tariffs
China accused the United States of “repeatedly abusing” trade practices, as Beijing braced on Thursday for an imminent announcement from U.S. President Donald Trump slapping more tariffs on Chinese imports. The U.S. tariffs on Chinese…
China’s oil futures: frazzle or dazzle for foreign traders?
It’s all very different.” So far, China has opened more than 6,000 trading accounts, including the country’s oil majors and about 150 brokerages. Ten foreign intermediaries have registered, including J.P.Morgan, Bands Financial, Straits Financial Services…
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