The Trump administration moved against letting China Mobile Ltd. enter the U.S. telecommunications market, saying the government-owned company would pose national security risks. The Federal Communications Commission should deny China Mobile’s … ( read original…
Monthly Archives For July 2018
China leads drop in global stocks on trade tension
On Sunday, the Financial Times reported that the European Commission warned … to the US president’s threat to add tariffs on imported vehicles. Pressure on China’s bourses came alongside a further weakening in the renminbi,…
UK Sport chief Liz Nicholl says Beijing 2022 winter sport funding a ‘good news story’
Funding for the Beijing 2022 Olympic and Paralympic cycle is a “good news story” for winter sports despite £8m cuts, says UK Sport CEO Liz Nicholl. UK Sport will invest £24m into winter sports during…
Does China have a UFO? British ‘X-Files’ indicate the UK thought so
The UK feared their rivals China or the Soviet Union – as Russia was known then … This story originally appeared in news.com.au. ( read original story …)
Mica Moore will have to make a case for Beijing Olympics funding
GB bobsleigh star Mica Moore will have to make a case for funding for the 2022 Winter Olympics. Bobsleigh, figure skating, wheelchair curling and short track speed skating were not included in UK Sport’s £24m…
Did the IPO Market Seem White-Hot Over the Last 6 Months? You’re Right, It Was
The Hong Kong IPO of the Beijing-based smartphone manufacturer was expected to be the world’s biggest debut since 2014. It was forecast to raise $10 billion and give the company a value of up to…
Taking Softbank’s lead, China, UK managers form $15 billion tech fund
LONDON (Reuters) – A China-backed venture plans to raise $15 billion to invest in technology companies globally, borrowing several pages from the playbook of Japan’s Softbank, whose $100 billion Vision Fund transformed the race to…
China’s penetration of Silicon Valley creates risks for startups
China-backed funds include Oriza Ventures … President Donald Trump has backed away from his declared intention to clamp down on a wide range of Chinese technology investments through a special emergency order, saying he would…
AI ambulances and robot doctors: China seeks digital salve to ease hospital strain
Alibaba’s push into healthcare reflects a wider trend in China, where technology firms are racing to shake up a creaking state-run health sector and take a slice of spending that McKinsey & Co estimates will…
Trump says CFIUS can protect U.S. technology from Chinese acquisitions
WASHINGTON (Reuters) – President Donald Trump said on Tuesday that sensitive U.S. technology can be protected from acquisition by China through the committee that scrutinizes foreign acquisitions of American companies, but the ultimate method was…
Taiwan’s Technology Secrets Come Under Assault From China
HSINCHU, Taiwan—In late 2016, an engineer at Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip manufacturer, received a call from a Chinese rival company asking if he would be interested in a job as…
China’s government is harnessing its data to make blockchain-based identity a reality
According to a report from Deloitte—which is likely already outdated considering the fast development of the technology—more than a dozen countries around the world are running pilots. China is one of them. The country’s effort…
First EPR nuclear reactor to be connected to the grid goes on stream in China
A third generation EPR nuclear reactor in China started providing power to the grid on Friday, a first for the new-generation technology. A third generation EPR nuclear reactor in China started providing power to the…
