So, no question about that. And one of the issues that he’s focused with China, as you know, is intellectual property, the fact that they take our secrets and use them. And so it’s real.…
Monthly Archives For May 2018
Trump’s $60 billion in China tariffs will create more problems than they solve
The tariffs are meant to address two problems: Intellectual property theft by China and a steep and persistent trade deficit. As an economist and expert in international trade, I don’t see how the proposed tariffs…
China says opening up of financial sector will need reciprocity
BEIJING (Reuters) – China’s push to open up its financial sector to foreign banks and financial institutions will be based on the principle of reciprocity and will not reward protectionism by other countries, an official…
U.S., China talks focus on cutting trade gap, $200 billion target disputed
WASHINGTON/BEIJING (Reuters) – China is “meeting many” Trump administration demands to cut its trade surplus with the United States, but a definitive deal to resolve deep trade differences could take a while to develop, White…
Construction Bank offers clients a dinner date with Donald Trump for US$150,000 a ticket
Donald Trump’s re-election campaign has complained to the US Department of Justice after China’s second-largest state-owned bank offered wealthy clients the opportunity to have dinner with the American president for US$150,000 a ticket. A branch…
U.S., China talks focus on cutting trade deficit, China denies $200 billion target
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Friday he was determined to stop China from “taking our jobs, taking our money” as U.S. and Chinese negotiators met for a second day to try…
Sichuan spicy hotpot chain Haidilao prepares for Hong Kong IPO
Haidilao International Holding, considered China’s most popular Sichuan-style hotpot restaurant chain, has filed to launch an initial public offering (IPO) in Hong Kong. Founded in 1994 by its current chairman Zhang Yong – a former…
Hotpot chain Haidilao issues prospectus for Hong Kong IPO
hiring China Merchants Bank International and Goldman Sachs as its joint sponsors, according to a report by Shanghai Securities News. The size of the IPO is yet to be officially disclosed. The hotpot giant said…
Coolpad blasts Xiaomi for drawn out patent dispute amid IPO process
Asked whether the timing of the lawsuit, as Xiaomi readies its IPO, was intentional, Zhang said: “It is the right of all patent holders to choose when to sue infringers.” Once a major smartphone brand…
iQiyi to upgrade AI and VR after Nasdaq IPO
iQiyi’s share price closed at US$20.3 on the Nasdaq on Thursday, about 10 percent higher than the IPO price of US$18. China’s top three online video firms include Baidu-invested iQiyi, Alibaba-invested Youku Tudou, and Tencent’s…
What Chinese Consumers Want From Western Retailers (Hint: It’s Not Just Fashion And Technology)
Chinese shoppers continue to flock to Western brands—but they are not just seeking out aspirational names in fashion and technology. Millions of China’s shoppers are also looking to buy everyday items such as food and…
China hopes to placate Trump with promise to buy billions more in U.S. goods
More importantly, they said, such purchases would do little to address systemic problems in the trading relationship and American grievances involving China’s aggressive industrial policies. Many U.S. business have complained about China’s theft of ……
Beijing lands nuclear bombers in the South China Sea in clear sign that it has pushed out the US without firing a shot
Beijing upped the ante in the South China Sea on Friday by releasing footage of its H-6K nuclear-capable bombers landing on artificially made islands in disputed waters — and it sends a clear message of…
