HONG KONG/SYDNEY (Reuters) – Australia has banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment for a 5G mobile network citing national security risks, a move the Chinese telecoms gear … ( read original story…
Monthly Archives For August 2018
Australia’s Goodman, Canada’s CPPIB add $1.75 bln to China logistics investment
Its portfolio comprises 33 properties with 2.5 million square metres of logistics space. China Logistics Property Holdings Co Ltd (CNLP) 1589.HK, backed by JD.com, on Wednesday said it plans to set up … ( read…
U.S., China Impose New Tariffs on Each Other as Talks Resume
China also said it would lodge a complaint about the new American … The discussions will touch on the major friction points, ranging from intellectual property protections to re-balancing trade, the … ( read original…
Chinese firms should learn to respect intellectual property
US President Donald Trump has been slamming China, saying Chinese companies don’t respect intellectual property rights. Despite the questions, most of the firms still manage to raise funds from the ma… ( read original story…
China Keeps Promises to Wall Street Even as Trade War Drags On
NOVEMBER: China unveils plan to remove foreign ownership limits on banks while allowing overseas firms to take majority stakes in local securities ventures, fund managers and insurers APRIL: Xi vows t… ( read original story…
China warns public over ‘blockchain’ Ponzi schemes
China’s government has warned of “criminals” attracting retail investors into Ponzi schemes using buzzwords such as “blockchain” and “virtual currency”, as official concerns over risk trump support fo… ( read original story …)
Waymo wants to test its self-driving car tech in China
Waymo, one of the leading US developers of driverless car technology, confirmed it had set up a legal entity in China several months ago and has people working there. The company declined to comment f……
Waymo sets up subsidiary in Shanghai as Google plans China push
BEIJING/SHANGHAI (Reuters) – Alphabet Inc’s (GOOGL.O) self-driving unit Waymo has set up a subsidiary in Shanghai, according to a business registration filing, the latest sign that the U.S. internet g… ( read original story …)
Exclusive: China to keep hitting back at U.S. over trade, to boost government spending – finance minister
BEIJING, Aug 24 (Reuters) – China will keep hitting back at Washington as more U.S. trade tariffs are imposed, but its counter-strikes will remain as targeted as possible to avoid harming businesses i… ( read…
China to keep hitting back at US over trade, to boost gov’t spending: Finance Minister
The Chinese government will increase its spending to support workers and the unemployed who are hurt by the trade conflict. BEIJING: China will keep hitting back at Washington as more US trade tariffs … (…
China Removes Foreign-Stake Limits in Banks, Asset Managers
Overseas financial institutions will now be treated the same as local companies, the China Banking and Insurance Regulatory Commission said in a statement late Thursday, taking forward a process start… ( read original story …)
Japan, China finance ministers to meet in Beijing as relations improve
TOKYO (Reuters) – Finance ministers and officials from Japan and China are to meet in Beijing on Aug. 31, a Japanese official said, a sign of improving ties amid Sino-U.S. trade tensions. Japanese Fin… (…
China official says U.S. tariffs will impact high-tech industries in both nations
BEIJING (Reuters) – China’s state planner said on Friday the United States’ tariffs on Chinese high-technology products will have an impact on high-tech industries in both countries. Ren Zhiwu, head o… ( read original story…