Technology is the crux of the tensions. China wants to boost domestic champions like Huawei, which also makes chips. The United States, meanwhile, concerned about China’s growing might, has shot down Chinese technology deals overseas,…
Monthly Archives For April 2018
U.S. Cuts Off China’s ZTE From American Tech for Seven Years
China’s Huawei Technologies Co. makes those chips for use … guilty and pay as much as $1.2 billion for violating U.S. laws restricting sale of American technology to Iran. The agreement called for the company…
China’s first quarter growth beats expectations at 6.8%
At the current rate, this sector in China doubles in size every two to three years. But it was also exports that helped the economy grow in line with the second half of last year.…
China’s property investment fastest in three-years, land shortage supports values
BEIJING (Reuters) – China posted its fastest property investment growth in three years in the first quarter, driven by a surge in land values and as developers grew more confident about the policy outlook, however,…
China Unicom Teams with Cisco to Enable Cloud + Network Synergy with Segment Routing
BEIJING, April 17, 2018 (GLOBE NEWSWIRE) — Recently, China United Network Communications Group Co., Ltd. (China Unicom) officially announced seven new products: Cloud Network Connection, Cloud Networking, Cloud VPV, Cloud Broadband, Unicom Cloud Shield ……
Ping An A-Shares Trade at Rare Discount as China Finance Hit
Concern that China will further free up bank deposit rates is prompting investors to dump financial stocks across the mainland, with insurers including Ping An Insurance (Group) Co. becoming collateral damage. Ping An’s yuan-denominated shares…
China’s economic growth holds steady amid trade dispute
In a speech last week, President Xi Jinping promised to open China’s markets wider, cut import duties on autos and ease restrictions on foreign ownership in the auto and finance industries. He gave no details…
China growth beats forecasts in face of trade row, financial risk
China’s economy grew more than expected in the first quarter as it withstood headwinds from Beijing’s fight against financial risk and pollution, and trade tensions with the United States. While acknowledging the potential negative impact…
China’s former insurance regulator charged with bribery
The former head of China’s insurance regulatory body has been formally charged with bribery and abuse of power, prosecutors said on Monday, becoming the most senior financial regulator to be targeted in a continuing crackdown…
China posts better-than-expected 6.8% growth in Q1
China’s economy grew a forecast-beating 6.8 percent in the first quarter, official data showed Tuesday, overcoming Beijing’s battle on financial risk and pollution and trade tensions with the US. The world’s number two economy exceeded…
Tmall Global Gives Spanish Beauty Brands Boost in China
Spanish skincare companies have over 10 million reasons to be optimistic about their future in China. That’s the number of ampoules—a small sealed vial containing a beauty serum with highly active ingredients—that were sold during…
Old brands develop for new era
TIANJIN – At a trade fair in North China’s Tianjin, Liu Fang has found a kind of colored ink interesting. The Ostrich-brand ink is mixed with golden powder, making written characters sparkle on paper. Liu,…
China’s property investment fastest in three years but sales slow
BEIJING (Reuters) – China’s real estate investment posted its fastest year-to-date growth in three years and new construction accelerated in the first quarter, however, property sales slowed as borrowing costs rose and demand appeared to…
