Speaking with CNBC on Wednesday, Bill Studebaker of Robo Global said China has been a “chronic abuser” of intellectual property in the technology space, but “it sort of recognizes that they need to come to…
Monthly Archives For April 2018
Chinese Spies Engaged in Massive Theft of U.S. Technology
China is engaged in large-scale theft of American research and technology from universities, using spies, students, and researchers as collectors, experts told Congress on Wednesday. Compounding the technology theft, the administration of President Barack ……
China Leads In Mobile Payments
China’s mobile payment market dwarfs that of the U.S. Consumer comfortable with online shopping and mobile payments driving growth. Mobile payment market dominated by Alibaba and Tencent. In 2016, China’s mobile payments hit $5.5 trillion,…
China denies Xi comments aimed at settling US dispute
BEIJING — China’s government on Thursday denied President Xi Jinping’s promise of market-opening measures this week was aimed at settling a tariff dispute with Washington and said negotiations are impossible under “unilateral coercion” by the…
China presents huge rewards — and serious risks — for US banks
China has promised to lift restrictions on foreign lenders in its massive banking system, creating a huge opportunity for America’s biggest banks. The enormous size and rapid growth of China’s economy make it a tantalizing…
World Bank raises East Asia’s 2018 GDP outlook, but wary of trade war
JAKARTA (Reuters) – The World Bank raised its growth forecast for East Asia and the Pacific for 2018, but warned that a possible U.S.-China trade war could harm growth in countries that are part of…
Voting opens to pick top Chinese brands
Consumers can now vote for their favorite Chinese brands after the China Council for Brand Development announced the top 100 Chinese brands on May 10, which was designated Chinese Brands Day by the State Council…
Forget discounts – here’s how to conquer China’s e-commerce market
In China, e-commerce has delivered a devastating blow to traditional brick-and-mortar retailers, but brands still remain important in this new era, and a conventional approach is not going to cut it, according to Ogilvy China’s…
How Brands Are Using WeChat Mini Programs
China’s most popular app, WeChat, with over 1 billion users, has international brands scrambling to optimize the way in which they reach and engage with their audience through this all-encompassing platform. If you haven’t yet…
World trade body warns U.S.-China tensions could dent business
GENEVA — The World Trade Organization predicts continued trade growth this year, though it warned Thursday that tensions and retaliatory measures, notably between the U.S. and China, could compromise those gains. WTO Director-General Roberto Azevedo…
Australia admits ‘tension’ with Beijing over new anti-influence laws
(CNN)Relations between Australia and China have grown frosty in recent months, Australian Prime Minister Malcolm Turnbull admitted Thursday, amid reports in local media that Australian ministers had been refused Chinese visas. In December last year…
Hong Kong in the running to host three Kazakh state IPOs
Nurlan Rakhmetov, its managing director for transformation, privatisation and restructuring, told South China Morning Post that Chinese state-owned investors have shown keen interest in taking part in the IPOs, buoyed by the central Asian nation’s…
China Unicom to roll back 2G network
Telecommunications operator China Unicom (中国联通) has begun closing down its 2G network and requested that services using the technology cease development, our sister site is reporting. The company has already started the process of frequency…