China ordered bicycle sharing companies in Beijing to remove redundant bicycles from roads on Friday. China’s bike sharing startups were once considered an attempt by young entrepreneurs to shape modern Chinese society through technology, but…
Monthly Archives For May 2018
Zhao Kangmin: The man who ‘discovered’ China’s terracotta army
China in 1974 was in the closing stages of Chairman Mao’s Cultural … But those plans would be scuppered by a young journalist from state news agency Xinhua, who was visiting the area when he…
Source: Trump administration has cut deal with China’s ZTE
In doing two, the two nations pulled back from the brink of a trade war over Chinese demands that U.S. companies hand over some of their technology as the price of doing business in China.…
Royal Bank joins Air Canada in labeling Taiwan as part of China
VANCOUVER—Royal Bank of Canada customers who wish to wire payments to Taiwan will find it listed as a “province of China” on its website. The bank’s designation is coming to light after a similar move…
Trump strikes deal with China over ZTE
President Trump told Fox News on Friday he has struck a deal with Chinese President Xi Jinping to ease U.S. sanctions imposed on Chinese telecommunications giant ZTE. The Commerce Department last month blocked China’s ZTE…
Early Xiaomi workers to make millions from company’s IPO
Back in 2010, staffers were working seven days a week out of a bare-bones Beijing office park to get the unknown mobile … Now Li stands to make $10 million to $20 million, depending on…
Exclusive: Pakistan seeks economic lifeline with fresh China loans
Lending to Pakistan by China and its banks is on track to hit $5 billion in the fiscal year ending in June, according to recent disclosures by officials and Pakistan finance ministry data reviewed by…
Time-honored brands set for a facelift
The city government will further promote time-honored brands with strong Shanghai features as part of efforts to build the city into a modern shopping paradise. provided to china daily In a bid to bolster the…
Tesla hires new chief financial officer for China
(Reuters) – Tesla Inc (TSLA.O) on Friday announced a number of key executive hires including former GE and General Motors executive James Zhou as its China CFO and Neeraj Manrao, a former Apple executive, as…
The weird zigzags of a ship trying to navigate the U.S.-China trade war
mdash;@realDonaldTrump He later added that American farmers could soon look forward to a bumper crop of business coming from the Chinese agricultural market he was opening up. Under our potential deal with China, they will…
Air France is the latest airline to appease China by changing the way it describes Taiwan, as Beijing hands carriers an extension to mid-2018
China has granted a number of airlines, including United Airlines and Qantas, an extension to mid-2018 to change references to Taiwan on their websites. Last month, China sent a letter to 36 foreign airlines demanding…
Concrete and coral: Beijing’s South China Sea building boom fuels concerns
HONG KONG/SINGAPORE (Reuters) – At first glance from above it looks like any clean and neatly planned small town, complete with sports grounds, neat roads and large civic buildings. But the town is on Subi…
In U.S. Soybean Splurge, Beijing Faces Tough Sell to Saturated Market
BEIJING — Beijing’s nod to state-owned companies to start buying U.S. soybeans again to help placate its top trading partner may turn into a test of government will over market forces. A bean buying spree…
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