WASHINGTON — The United States has told Germany that it will share less intelligence with its security agencies if the country’s wireless network uses China’s Huawei Technologies Co to upgrade to 5G, … ( read…
Monthly Archives For March 2019
Tesla in talks with China’s CATL for rechargeable batteries: Bloomberg
(Reuters) – Tesla Inc is in discussions with Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL … signed a preliminary agreement with China’s Tianjin Lishen to supply batteries … ( read original story …)
China asks private sector to beef up investment in basic science
Beijing has called on the private sector to beef up its investment in basic research, which is seen as a foundation for China to cut its reliance on foreign technology and achieve its ambition of…
Alibaba strikes $700m deal to gain stronghold in China’s delivery sector
The company is also attempting to bring more brick and mortar stores online in rural China through its “New Retail” strategy, helping them to become digital. “We will deepen our existing collaboration … ( read…
G5 Capital Invites Australian Partners to Source Investment in China
welcomed several of Australia’s leading advanced-scientific projects to showcase their innovations to investors this week at their annual China-Australia Technology Innovation Cooperation Forum, held … ( read original story …)
World shares mostly higher as China-U.S. trade talks drag on
Yi, who attended the latest round of talks in Washington, reaffirmed official promises not to manipulate China’s currency to boost exports. He said the issue was discussed in those talks, which are ai… ( read…
China’s MoBike shutting some international operations
“They just want to be operating in China, which they can control.” The closures come on the heels of turmoil in the Chinese bike-sharing industry. Chinese state media once touted shared bikes as a tec……
StanChart, UBS settle Hong Kong IPO misconduct case
Both banks were investigated for their roles in the 2009 IPO of China Forestry, a company that was later delisted from the Hong Kong stock exchange for accounting irregularities and put into a liquida… (…
China grounds domestic fleet of Boeing 737 Max 8 jets after Ethiopian Airlines crash: CAAC
Caijing, a state-run news outlet that covers finance and economics, said many flights scheduled to use 737 Max planes would instead use the 737-800 models. China Business News also reported on … ( read original…
China Mobile closing down 3G system, complete switch-off expected by 2020
China Mobile is expected to complete the closure of its 3G network by 2020, C114 writes, citing a notification from Fuzhou Municipal Radio Administration as confirming that the operator has started de… ( read original…
The US, China and the return of a two-bloc world
After Canada obeyed an American extradition request and arrested Meng Wanzhou, the chief financial officer of Huawei, the Chinese response was fierce. Within days, Canadian citizens were arrested in C… ( read original story …)
China Traders Who Loved Leverage Left Reeling by Friday Rout
Read more: China’s $345 Billion Stock Rout Shows Beijing’s Fear of Bubbles Financial data provider Hithink RoyalFlush Information Network Co. fell as much as 5.3 percent Monday before closing up 0.5 p… ( read original…
Ant Financial reportedly preparing to IPO on Shanghai tech board
Alibaba’s financial arm Ant Financial is reportedly preparing for an initial public offering (IPO) on China’s new Nasdaq-style equity board, said state-owned media on Monday citing a delegate from the … ( read original story…
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