China is starting to find more success than the US with solar highway projects. Proponents of solar roads say they provide a way to generate solar power without paying for additional land. Critics say solar…
Monthly Archives For June 2018
Magna strikes deal to build electric vehicles in China, the world’s biggest EV market
Magna International Inc. plans to engineer and build electric vehicles in China, marking the first time North America’s largest auto supplier is expanding its car manufacturing capabilities beyond its 20-year-old Steyr venture. The Aurora, Ontario-based…
Baidu and China Mobile Collaborate on New AI Technologies
Baidu, Inc. (BIDU – Free Report) announced that it has entered into a partnership with a mobile operator company, China Mobile. The terms of the deal have not been disclosed yet. Both the companies aim…
Baidu and China Mobile partner on AI and 5G, focusing on self-driving cars
Signaling the types of alliances that will soon become commonplace thanks to evolving AI and wireless technologies, Chinese search giant Baidu and mobile company China Mobile today announced a comprehensive partnership to collaborate on AI,…
China’s Huawei blasts Australian security concerns amid Sino-Canberra tensions
“Recent public commentary around China has referenced Huawei and its role in Australia … the respective governments had taken up its offer to evaluate the company’s technology to make sure it abided by cybersecurity protocols.…
8 ways WeChat can help luxury brands reach Chinese consumers
There’s no doubt that China is the place to be for luxury brands right now. So how can businesses tap into this huge market? Thankfully, China is one of the most digitally innovative countries in…
Goldman sees slightly easier China monetary policy amid trade tiff with U.S
SHANGHAI (Reuters) – Goldman Sachs said it expected China to adopt a slightly easier monetary stance in the face of tit-for-tat tariffs between Beijing and Washington that, while likely to have limited immediate impact on…
China’s tariffs on U.S. oil would disrupt $1 billion monthly business
SINGAPORE (Reuters) – China’s threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month. In…
The biggest player you’ve never heard of in the auto industry is moving into China in a big way
“From a strategic point of view, the establishment of the JVs will benefit both Magna and BAIC to further strengthen our business growth in China,” BAIC Chairman Xu Heyi said. Follow us on: ( read…
China’s national champion in voice-recognition tech is moving into hardware in a big way
China Unicom and China Telecom – to develop voice-activated smart devices that are designed to control home entertainment systems. That strategic alliance would open up a large market of broadband users to iFlytek, giving it…
Chinese tech CEO: A trade war would hurt ‘a lot of American brands’
A lengthy trade war between China and the United States would be “horrible” and it would end up hurting a lot of American brands, according to the founder of China’s second-largest e-commerce company. That’s because…
China, US trade war heats up over Trump tariffs
business people and analysts here in China. The showdown capped a whirlwind week in U.S.-China relations that began with the nations standing as partners in the quest to denuclearize North Korea, and ended with the…
Fraying Australia and China relations face testing times in Canberra
SYDNEY (Reuters) – Australia’s relationship with top trading partner China faces a testing two weeks as Canberra prepares to pass laws designed to limit Beijing’s influence in domestic affairs amid pressure on some of its…