China eases investment curbs as clash with US looms

The Cabinet planning agency retained a ban on foreign ownership in publishing, internet news services, film and TV and restrictions on oil and gas exploration and telecoms. China is "attempting to show it is indeed opening up," said the chairman of the ... ( read original story ...)

Xiaomi Prices Hong Kong IPO at Bottom of Target Range

Xiaomi shares will begin trading in Hong Kong on July 9. Beijing-based Xiaomi hoped to raise up to $6.1 billion from its IPO before trading started. The pricing gives the company a market valuation of around $54 billion. That is a sharp comedown from ... ( read original story ...)

Trade War Punctures China’s Pride in Its Technology

BEIJING—To the list of casualties in the trade battle between the U.S. and China add another: Chinese chest-thumping about the country’s prowess in innovation. More sober assessments of China’s technological capabilities have emerged from China’s ... ( read original story ...)