June 19 (Reuters) – China Unicom Hong Kong Ltd: * MAY AGGREGATE NUMBER OF MOBILE BILLING SUBSCRIBERS 299.434 MILLION * MAY NET ADDITION OF MOBILE BILLING SUBSCRIBERS FOR MONTH 2.418 MILLION * MAY AGGREGATE NUMBER…
Monthly Archives For June 2018
China prepares retaliatory tariffs against US energy
China is lining up retaliatory tariffs against the US to hit one of its most successful export industries in recent years: energy. Sales of US oil, gas and coal to China have been rising sharply,…
Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
The delay was triggered by a dispute between the company and regulators over the valuation of its China depositary receipts (CDRs), sources said, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back…
China slams U.S. ‘blackmailing’ as Trump issues new trade threat
“The United States has initiated a trade war and violated market regulations, and is harming the interests of not just the people of China and the U.S., but of the world.” U.S. business groups said…
In tit-for-tat, Trump threatens more tariffs against China
The tariffs were quickly matched by China on U.S. exports, a move that drew the president’s ire. “China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property…
Oil falls on spiraling U.S.-China trade dispute, rising output
SINGAPORE (Reuters) – Oil prices fell nearly one percent on Tuesday as an escalating trade dispute between the United States and China triggered sharp selloffs in many global markets. Crude was also weighed down by…
Establishment of China’s first robo-advisor lab signals the start of an overdue industry reshuffling
Tongji University Robo-Advisor Lab set to guide the sector as it moves into the next stage of development and into what is being termed as the China’s financial robo-advisors era SHANGHAI, June 19, 2018 /PRNewswire/…
Intel has paths around Trump’s China tariffs, analysts say
Intel produces raw chips at six so-called wafer fabs, with three in the United States, one in Ireland, one in Israel and one in China. From there, chips go to so-called assembly and test facilities.…
North Korea’s Kim visits Beijing, as South Korea, U.S. halt military drill
North Korean leader Kim Jong-un arrived in Beijing on Tuesday, where he will likely brief Chinese President Xi Jinping on his summit with U.S. President Donald Trump last week, as Washington and Seoul agreed to…
Trump threatens China with new tariffs on $200B in goods
The news sent global stock markets lower and pulled down both the dollar and the Chinese yuan in the offshore market. China’s commerce ministry said Beijing will fight back firmly with “qualitative” and “quantitative” measures…
China Spotlight: Technology in the Crosshairs
Much of the headline attention on U.S.-China trade friction is focused on trade deficits, and the threat of tariffs and retaliatory measures that could lead to a trade war. However, an underlying key issue —…
China’s central bank delivers surprise stimulus as trade spat with US worsens
The surprise injection of funds came just hours after U.S. President Donald Trump escalated the tit-for-tat trade scrap with Beijing by threatening to impose a 10 percent tariff on $200 billion of Chinese goods. Tommy…
China’s Xiaomi pulls mainland CDR offering until after HK IPO
SHANGHAI/HONG KONG (Reuters) – Chinese smartphone marker Xiaomi will postpone its application for a mainland share offering until after it completes a separate listing in Hong Kong, the firm said on Tuesday, casting a pall…
