China’s demand for the material is expected to increase as … With assistance from Catherine Ngai and Robert Tuttle. To contact Bloomberg News staff for this story: Serene Cheong in Singapore at sche… ( read…
Monthly Archives For October 2018
China says accusations against alleged spy ‘out of thin air’
“The U.S. accusation is something made out of thin air,” Lu told reporters at a daily news briefing. The Justice Department has accused Xu of recruiting experts from major aerospace companies, includi… ( read original…
BMW ramps up investment in China to meet electric demand
FRANKFURT — German automaker BMW is taking a majority stake in its China joint venture and investing 3 billion euros (US$3.5 billion) in factories there, underscoring the importance of the Chinese ma… ( read original…
As markets swoon, finance chiefs urge U.S., China to cool it
NUSA DUA, Indonesia — The heads of the World Bank and IMF appealed Thursday to the U.S. and China to cool their dispute over technology policy and play by world trade rules, as tumbling share…
Telit inks agreement with China Unicom to provide IoT solutions
Telit Communications Plc (LON:TCM) has signed an agreement with China Unicom to provide the telecoms firm with its deviceWISE internet of things (IoT) platform. The IoT software and products maker sai… ( read original story…
U.S. and China Jockey for Global Support as Trade War Ramps Up
(Bloomberg) — The U.S. and China are set to use the latest gathering of the world’s finance chiefs to marshal support for their respective cases in a trade dispute that shows no sign of ending…
Exclusive: Reverse gear – China car dealers push for tax cut as auto growth stalls
BEIJING/SHANGHAI (Reuters) – China’s top auto dealers’ association has asked the government to halve taxes on car purchases to revive faltering sales, sources said, as worries grow the country … ( read original story …)
China legalises its secret mass internment camps for Uighur Muslim minority
China’s western Xinjiang region has made it legal to send minority Uighur Muslims to “vocational training centres” — facilities Western nations say are actually massive internment camps. China alleged… ( read original story …)
Taiwan’s President Says China Poses Threat to International Order
Cyber Attacks Taiwan is bracing for an onslaught of cyber attacks from mainland China ahead of the vote, Howard Jyan, director general of Taiwan’s cybersecurity department, recently told Bloomberg New… ( read original story …)
Chinese Electric Scooter Start-Up Niu Technologies Seeks $95M In Scaled-Back US IPO
Beijing-based Niu Technologies, an electric scooter start-up, is aiming to raise up to US$95 million in its scaled-backed initial public offering (IPO) in the US. The company is offering 8.3 million A… ( read original…
China’s Alipay says stolen Apple IDs behind thefts of users’ money
BEIJING (Reuters) – Ant Financial’s Alipay, the operator of one of China’s top two mobile payment apps, said hackers have taken an unknown amount of money from accounts using stolen Apple Inc … ( read…
The Latest Sign of China’s Property Slowdown Is Smaller Bonuses for Brokers
Add real-estate agency workers to the list of people aggrieved by China’s cooling housing market. Centaline Group has slashed bonuses for middle and back-office employees in its Shanghai office by 20 … ( read original…
Public anger in China spreading as property prices drop
Chinese property developers can usually count on September and October to be their “gold and silver” months for sales, but this year turned out to be different. Not only were their sales figures grim ……
