Chinese authorities are razing the Beijing studio of dissident artist Ai Wei Wei. He said that demolition crews showed up without advance warning, and have begun the process of tearing down the studio … (…
Monthly Archives For August 2018
Why American credit card companies can’t break into China
Meanwhile, state-controlled China UnionPay has solidified its hold on the bank card industry. And mobile payments have skyrocketed, dominated by services from rival powerhouses Tencent and Alibaba. “V… ( read original story …)
Google, Seeking a Return to China, Is Said to Be Building a Censored Search Engine
“We provide a number of mobile apps in China, such as Google Translate and Files Go, help Chinese developers, and have made significant investments in Chinese companies like JD.com,” said Taj Meadows, … ( read…
China accuses U.S. of trade ‘blackmail’ after imposing $60B in tariffs on American goods
… its own bargaining power and underestimating China’s determination and ability to defend its national dignity and the interests of its people,” said a commentary in the official Xinhua news agency … ( read original…
China restrained in trade tariffs and won’t accept U.S. ‘blackmail’: state media
BEIJING/SINGAPORE (Reuters) – China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of U.S. goods showed rational restraint and accused the United States of blackmai… ( read original story …)
China Tower prices IPO at bottom of price range after weak retail interest, raising US$6.9 billion
China Tower has priced its initial public offering at the bottom of the indicative price range, raising HK$54.3 billion (US$6.9 billion) amid lukewarm retail investor interests, according to several p… ( read original story …)
China Unicom, AliCloud team up Telecom
China United Network Communications Group Co Ltd, the country’s second-largest telecom carrier by mobile subscribers, unveiled a joint venture with Ali-Cloud, the cloud computing arm of Alibaba Group … ( read original story …)
Reports: Google working on censorship-ready search for China
Google is reportedly working on a mobile version of its search engine that will comply with strict censorship controls in China. The Intercept reported that the work has been ongoing since the spring … (…
Google’s rumored return to China triggers pointed questions from Senate
The version of the search engine Google is reportedly building would comply with China’s censorship laws, even though the country is cracking down harder than ever to limit free speech online. “We pro… ( read…
China Biologic Reports Financial Results for the Second Quarter of 2018
— 2Q18 Total Sales Up 25.5% YoY and Non-GAAP Adjusted Net Income Down 2.8% YoY in RMB terms, or Total Sales Up 34.8% YoY to $120.4 Million and Net Income Down 7.7% YoY to $28.6…
China says it will retaliate with tariffs on $60 billion in US goods
China’s Ministry of Finance also released a statement to the same effect. Here is a corrected Google translation of the statement: A spokesperson of the Ministry of Commerce made a statement on China’ … (…
China announces $60B of US goods for tariff retaliation
BEIJING — China on Friday announced a $60 billion list of U.S. goods including coffee, honey and industrial chemicals for retaliation if Washington goes ahead with its latest tariff threat. The Financ… ( read original…
Kudlow Says Trump Won’t Back Off as China Expands Trade War
analyst at the Bank of China’s Institute of International Finance in Beijing. “Any talks in the future, should they happen, should be conducted on an equal and faithful basis.” Story Continues Beijing … ( read…