The clash raises the stakes for Thursday, when rookie President Shuntaro Furukawa will unveil financial results for the last fiscal … there’s uncertainty over the new hardware and the China launch, … ( read original…
Monthly Archives For April 2019
U.S. accuses pair of stealing secrets, spying on GE to aid China
It marks the first time the U.S. government has formally said the scheme was carried out to benefit China and that the Chinese government provided “financial and other support.” According to the … ( read…
China, Switzerland to ink MoU on closer finance, trade ties
Switzerland is expected to sign a memorandum of understanding with China focusing on finance and trade cooperation in third markets under the Belt and Road Initiative, Swiss President Ueli Maurer said … ( read original…
China coal investments unpopular in ‘new Silk Road’ nations: poll
“China should now work with governments, business and investors at the upcoming forum to make sure these demands are met,” said Nick Mabey, chief executive of E3G. The survey was released ahead of … (…
China tells U.S. to avoid ‘wrong moves’ over Iran oil controls
Geng said China, one of the biggest buyers of Iranian oil exports, would protect the “legitimate rights” of its companies but gave no indication how Beijing might respond if Washington imposes … ( read original…
China charges former Interpol chief with bribery
BEIJING — China has formally arrested former Interpol President Meng Hongwei on suspicion of accepting bribes. The Supreme People’s Procuratorate announced the indictment on Wednesday. Meng was … ( read original story …)
China Unicom makes its 5G ambitions clear
China Unicom may be smaller in size compared to the other state-owned telecoms operators, China Mobile and China Telecom, but that has not stopped the firm from aiming for a leadership role in the ……
China central bank injects 267 billion yuan in targeted loans as broader easing appears on hold
SHANGHAI (Reuters) – China’s central bank extended 267.4 billion yuan ($39.8 billion) to some commercial banks on Wednesday via its targeted medium-term lending facility (TMLF) as it looks to provide … ( read original story…
2 China start-ups challenging Starbucks and Twitch are about to IPO in the US, and they have a surprising amount in common
Luckin Coffee and DouYu, two Chinese start-ups that just filed for IPOs in the US, have a surprising amount in common for a coffee company and a video-game live-streaming platform. Both companies are … (…
What Luckin Coffee’s IPO Might Mean for Starbucks
also took the odd step of filing to go public in the U.S. rather than in China. Supposedly this is because the Hong Kong market normally requires companies to have at least three years of…
U.S., China Officials to Resume Trade Talks April 30 in Beijing
(Bloomberg) — Trade negotiators led by U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing next week, the White House said, as both sides work to … ( read original…
China’s historic city of Xian cuts financing for home buyers to curb speculation
The capital of northwestern Shaanxi province has been one of the hottest property markets among China’s major cities. Real estate prices in March rose 1.0 percent from February, beating cities such as … ( read…
China Mobile revenue dips in Q1, despite adding 10.67 mn 4G users
China Mobile reported that it added 10.67 million 4G subscribers during the first quarter of 2019. China Mobile’s 4G subscriber base reached 723 million in Q1 2019 against 713 million in Q4 2018. … (…