With first-hand access to the latest trends from a wide variety of luxury brands, Chinese students abroad have become unofficial opinion leaders for their friends and peers back home. According to a survey conducted by…
Monthly Archives For April 2018
Stock markets rise as China extends olive branch to U.S. in trade dispute
“China’s door of opening up will not be closed and will only open wider.” Xi said Beijing plans to ease restrictions on foreign ownership in the auto industry “as soon as possible” and he also…
In US-China tariff fight, German autos are unlikely victims
DETROIT — At the edge of the Blue Ridge Mountains sits a sprawling factory that has become an unlikely victim in the escalating trade fight between the U.S. and China. The plant near Spartanburg, South…
Standard Bank works Chinese connections in Francophone West Africa
ABIDJAN (Reuters) – Standard Bank (SBKJ.J) will partner with its biggest shareholder Industrial and Commercial Bank of China (ICBC) (601398.SS) to capitalize on a Chinese investment drive into Ivory Coast and establish a regional hub…
China’s Ant Financial aims for $9 billion in new funding: WSJ
(Reuters) – Chinese billionaire Jack Ma’s online payments business Ant Financial now plans to raise $9 billion in its next planned round of funding, potentially valuing the company at $150 billion ahead of an expected…
China extends olive branch to U.S. in escalating trade war
Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars, in a speech seen as conciliatory amid rising trade tensions between China and the…
After China’s massive drill, U.S. patrols disputed South China Sea
ABOARD THE USS THEODORE ROOSEVELT, South China Sea (Reuters) – In a span of 20 minutes, 20 F-18 fighter jets took off and landed on the USS Theodore Roosevelt aircraft carrier, in a powerful display…
Nokia gets a big piece of China Mobile optical transport gig
The world’s biggest MNO – China Mobile – recently held a central bid to supply equipment for its regional optical transport network, in which it ranked Nokia top. The gig seems to be that a…
MediaTek Announces NB-IoT R14 Rate Enhancement Test with China Mobile to Drive Real-World IoT Applications
BEIJING, April 10, 2018 /PRNewswire/ — MediaTek recently announced it has completed the NarrowBand IoT Release 14 (NB-IoT R14) rate enhancement tests in collaboration with China Mobile to become the first chip maker to pass…
China files trade complaint against US over steel tariffs
GENEVA — China has filed a World Trade Organization complaint challenging U.S. President Donald Trump’s tariff hike on imported steel and aluminum, the trade body said Tuesday. The tariff spat is one element of a…
Brands Are Chewing Through Digital Agencies in China
Choosing a digital agency in China is difficult. The right agency could lead to massive success, but the wrong one could waste money, time, and energy. Many brands are struggling to find the right agency.…
China opens up car market to foreign manufacturers as Xi calms trade war talk
Chinese president Xi Jinping has pledged to open up his country’s car industry to foreign manufacturers, improving access to the world’s largest vehicle market. In a speech seemingly designed to defuse growing trade tensions between…
Donald Trump’s tariffs strikes at heart of China’s blueprint for prosperity
That helped make China a leader in fields from mobile phones to high-speed rail to wind turbines, but also fueled complaints that China was improperly benefitting from those tactics. Chinese officials say they are willing…