Hong Kong (CNN)Hong Kong lawmakers passed a controversial new bill Thursday allowing mainland Chinese laws to apply in a section of a new train station, despite protests by citizens and lawmakers. Although it is part…
Monthly Archives For June 2018
China regulators approve Qualcomm-NXP Semiconductors merger deal: SCMP
(Reuters) – Chinese regulators have approved U.S. chipmaker Qualcomm Inc’s (QCOM.O) proposed $44 billion merger deal with NXP Semiconductors (NXPI.O), South China Morning Post reported on Thursday, citing people with knowledge of the matter. The…
China using military radar technology to wage war on mosquitoes
China is developing a super-sensitive radar that can detect the wing-flapping of a mosquito up to 2 kilometres away, according to a senior scientist involved in the government research project. A prototype of the device…
China’s ambition to power the world’s electric cars took a huge leap forward this week
China’s grand designs to dominate the future of clean energy paid off spectacularly this week. In a public offering on June 11 in Shenzhen, battery giant Contemporary Amperex Technology Ltd. (CATL) raised nearly $1 billion…
China’s Theme Park Biz Heading for Bumpy Ride
calls the third era of mainland China’s theme park industry … a new phase of mega-projects combining international brands and IP with substantial Chinese finance. In the pipeline are a Universal mega-park on the outskirts…
China reshuffles central bank monetary policy committee, Governor Yi named chief
China’s top financial regulators also sit on the 14-member policy panel, which meets once every quarter to discuss economic and policy issues. The committee can recommend changes or action when necessary, but its influence is…
Trump approves plan to impose tough China tariffs
But his calls for billions in tariffs could complicate his efforts to maintain China’s support in his negotiations with North Korea. Trump met Thursday with several Cabinet members and trade advisers and was expected to…
China lashes out as President Trump weighs new tariffs
Trade tensions once again heat up between U.S. and China. Yahoo Finance’s Stephanie Sy, Dion Rabouin and Ethan Wolff-Mann discuss. ( read original story …)
China wants to track every driver by putting RFID chips on car windshields
Despite being the world’s factory, 90% of the chips China uses are imported or produced locally by foreign-owned firms, according to International Business Strategies Inc. Tens of billions of dollars are reportedly set to be…
China poses ultimate test of Trump’s rationality
Diplomacy is about getting other countries to do what you want them to do. Without China’s help, Donald Trump cannot hope to enforce his deal with Kim Jong Un. Eliminating North Korea’s nuclear arsenal is…
Hyatt Regency Brand Unveils Its First Property in the Capital of China
BEIJING, June 15, 2018 /PRNewswire/ — Hyatt Hotels Corporation (NYSE:H) announced today the continued expansion of the Hyatt Regency brand in China with the opening of its first property in the capital of China -…
Chinese brands gaining favor with young Russians
An article on Russian tech website mail.ru said recognition of Chinese brands in Russia is rising. Made-in-China products are no longer associated with low-end manufacturing. On the contrary, choosing a Chinese brand has become a…
China’s Evolving Toolkit to Manage Monetary Policy
China’s monetary policy is in flux, as the central bank tries to weed out risky lending while ensuring money keeps flowing to the economy. To achieve those sometimes competing goals, the People’s Bank of China…