BEIJING, Dec. 8 (Xinhua) — China’s securities regulator has approved the initial public offering (IPO) applications of two companies. Chinalin Securities and Wuxi Shangji Automation Company will be l… ( read original story …)
Monthly Archives For December 2018
China launches pioneering mission to far side of moon
BEIJING – China launched a ground-breaking mission Saturday to land a spacecraft on the largely unexplored far side of the moon, demonstrating its growing ambitions as a space power to rival Russia, t… ( read…
Canada’s envoy to Beijing briefs China on arrest of Huawei executive: Freeland
OTTAWA — Foreign Affairs Minister Chrystia Freeland says Canada’s ambassador in Beijing has briefed the Chinese foreign ministry on the arrest of a Chinese telecommunications executive in Vancouver. … ( read original story …)
Cisco’s Errant China-Travel Alert Shows Tech’s Huawei Alarm
Several attendees said their companies were considering restricting travel to China and looking to move meetings outside the country, Reuters reported. The U.S. technology industry is being roiled by … ( read original story …)
Trump signals optimism about trade with China, despite arrest of Huawei executive
U.S. President Donald Trump on Friday sounded an optimistic note about trade negotiations with China as two of his top economic and trade advisers played down friction from the arrest of a senior exec… (…
China retaliation against Canadian companies unlikely for now: experts
“But I think if this event were to escalate, it might have implications for security of Canadian businesses and Canadian business people operating in China.” As of 2015, Canadian businesses had 531 lo… ( read…
China’s Huawei pledges to address security issues raised by Britain: sources
LONDON (Reuters) – China’s Huawei [HWT.UL] has promised to address security issues raised in a British government report earlier this year, two sources with knowledge of the matter said on Friday. ( read original story…
China Mobile and China Unicom to start 5G trials
China Mobile and China Unicom today announced they received approval from China’s Ministry of Industry and Information Technology (MIIT) to use spectrum for starting 5G mobile trials in the country. C… ( read original story…
China’s central bank skips reverse repo for 31 trading days
A reverse repo is a process by which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. [Photo/IC] BEIJING – The People … (…
China needs bailout and capital plans for crisis event: PBOC Advisor
People’s Bank of China adviser Ma Jun has probed the economy for triggers of financial turbulence, and proposed measures including direct bailouts of enterprises and bank recapitalisation should a cri… ( read original story …)
As China’s economy cools, luxury brands feel the chill
BEIJING — The designer boutiques of Manhattan and Paris are feeling the chill of a Chinese economic slowdown that has hammered automakers and other industries. It’s a rude awakening for such designer … ( read…
India, China talk of improving trade ties, but progress is slow
China and India may be talking about improving their trade relationship but there is little action to go with the words. According to Indian government officials and representatives of various Indian … ( read original…
After Huawei executive’s arrest, U.S. firms operating in China fear retaliation
At a closed-door security meeting of U.S. companies in Singapore on Thursday, one topic was high on the agenda: the arrest of a top executive at Chinese tech giant Huawei and the potential backlash on…