The outcome of the Singapore summit between President Donald Trump and North Korean leader Kim Jong Un was good news for one absent but key player: China. China won big at the summit after Trump…
Monthly Archives For June 2018
After summit, China likely to remind N. Korea of close ties
BEIJING – The outcome of the Singapore summit between President Donald Trump and North Korean leader Kim Jong Un was good news for one absent but key player: China. China has emerged a big winner…
Meituan Is Said to Plan $6 Billion IPO Filing This Month
IPO would be another sign of rising Chinese technology might China’s restaurant review and delivery giant Meituan Dianping plans to file for an initial public offering of about $6 billion in Hong Kong as soon…
Xiaomi IPO gets a vital helping hand from home
The company could raise up to half of the $10 billion ($13.03 billion Canadian) it is hoping for in an initial public offering this summer by issuing depositary receipts in Shanghai — a new market…
ONAP ‘Beijing’ Paves Way for Cloud-Native Network Functions
The Linux Foundation’s LF Networking group announced availability for the second version of ONAP, or the Open Network Automation Platform that is codenamed “Beijing,” which is being used by AT&T and several other large carriers…
Chinese bank invests in Russia’s Northern Sea Route
(Sergey Guneyev/AFP/Getty Images) Building of Russian Arctic infrastructure is part of a $9.5 billion credit agreement signed with the China Development Bank. On the sidelines of the recent Shanghai Cooperation Organisation’s summit in Qingdao ……
China’s Master Plan: A Worldwide Web of Institutions
(This is the third part of a series on China’s effort to supplant the U.S. as the world’s pre-eminent geopolitical power. Read the first two parts here: A Global Military Threat | Exporting an Ideology.)…
China auto sales rise 7.9 per cent in May as electrics surge
Beijing has spent heavily to transform China into the world’s biggest electric car market and is preparing to enforce sales quotas to press global automakers to speed up development. The Finance Ministry says auto import…
U.S. shows new de facto embassy in Taiwan amid China tensions
The ceremony was attended by high-ranking Taiwan officials and senior business executives, including Morris Chang, the former chairman of Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s biggest contract chip maker. China claims self-ruled ……
China’s mobile operators instructed to change opaque advertising practices
Following criticism by China’s Ministry of Industry and Information Technology (MIIT), the country’s three major mobile operators—China Mobile, China Telecom, and China Unicom—have announced changes to the ways they advertise their unlimited data … (…
British businessman Gerry Grimstone on China-UK economic ties
British businessman Gerry Grimstone gave an interview at the Young Icebreaker annual gathering of young U.K.-China business leaders in London, sponsored by the 48 Group, on June 5. Grimstone is the chairman of Standard Life…
Crypto’s 32-year-old billionaire mining king is mulling an IPO
any estimate of the Beijing-based company’s value — and its owners’ wealth — inevitably involves a lot of guesswork. But that could be about to change. An IPO would not only open Bitmain’s books to…
ING hungry for slice of digital banking sector
Dutch financial services company ING Group NV is planning to launch digital banking business in China by setting up a joint venture with Chinese lender Bank of Beijing Co Ltd, as it hopes to gain…
