Another super engineering project, Beijing’s new international airport, is being constructed just 46 kilometers south of Beijing’s Tiananmen Square. The airport will be home to the largest terminal in the world once it opens in…
Monthly Archives For March 2018
China shrinks steel industry slowly, drawing Western ire
The merged company, Baowu Steel, wants to increase production capacity by two-thirds to 100 million tons by acquiring smaller mills, the company general manager told the official China News Service in September. ( read original…
The tech industry’s cozy ties to China may not last
China was supposed to look more like the West after nearly four decades of economic development, reform and acceptance into global bodies such as the World Trade Organization. But the way U.S. technology companies have…
Toronto’s CN Tower, Ripley’s Aquarium now accepting China’s biggest mobile payment services
Last year, nearly 320,000 visitors from China spent $304 million on attractions, hotels, retails and restaurants in Toronto, so it only made sense that businesses began accepting two of China’s biggest mobile payment options. Earlier…
Vancouver-Developed CryptoKitties Launches its Mega-Popular Blockchain Cryptocollectible Game in China, Hong Kong & Taiwan
Vancouver, BC, March 12, 2018–(T-Net)–Vancouver-based venture studio Axiom Zen announced today that CryptoKitties, the world’s first and most successful consumer product built on blockchain technology, has officially launched in China, Hong Kong … ( read…
China’s top brands see global profile rise
China is showing global brand leadership in a wide variety of sectors, with many popular domestic favorites beginning to be recognized as quality brands worldwide, according to a new report. Brand Finance, a London-based brand…
China claims it has created a ‘super material’ that’s INVISIBLE and ‘could make FIGHTER JETS impossible to see’
A report from Sina, one of China’s largest news portals, claimed on March 11 that the lab in question is the State Key Laboratory of Metamaterial Electromagnetic Modulation Technology in Shenzhen, a state-funded lab established…
China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
China’s WM Motor Technology Co., set to take on Tesla Inc. with an electric SUV going on sale this year, is open to holding an initial public offering in the U.S. as its founder shrugs…
Purchase of foreign brands ‘lucrative’
Chinese companies are buying foreign brands so they can introduce the brands and their products to shoppers in China, according to retail experts. The appraisal followed Chinese conglomerate Fosun sealing two offshore investment deals in…
JPMorgan’s Gartside Is ‘Not at All’ Worried About a Financial Crisis in China
Mar.12 — Alberto Gallo, portfolio manager at Algebris Investments, and Nicholas Gartside, international chief investment officer of fixed income at JPMorgan Asset Management, discuss the risks of a China banking crisis. They speak with Bloomberg’s…
After Tariffs, Trump to Punish China for Intellectual Property Theft
President Trump’s coming tariffs on foreign steel and aluminum imports is the first step in targeting China’s unfair trade practices, according to a senior White House trade official. The next phase in the president’s bid…
China says no to U.S. trade war, but vows to defend interests
Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less restrictive. “We have noticed that some foreign-funded businesses have complained about China’s investment environment,” Zhong said.…
China is at risk of a banking crisis, a central bank body says
The International Monetary Fund , in a report published in December, identified three “major tensions” in China’s financial system that could derail the world’s second-largest economy. But Chinese authorities had acknowledged those risks and taken…
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