WASHINGTON (Reuters) – U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having “a major effect” and warned that Washington could pile … ( read…
Monthly Archives For July 2019
Technology Supplier to U.S. Police Agencies Bans Chinese Drones
It’s a blow to China’s DJI, the world’s top maker of drones that has spent years trying to calm fears that its products could be used for espionage. The ban is the latest illustration of…
Google has been accused of working with China. Here’s what they’ve been doing there
Google and its operations in China have come under the spotlight in the past few days. Billionaire investor Peter Thiel this week accused the U.S. technology giant of working with the Chinese military … (…
Why WeChat is a start and not a silver bullet for luxury brands in China
In 2016, Alibaba founder Jack Ma envisioned the concept of New Retail: the seamless merging of offline, online and logistics for a dynamic new world of retailing. Instead of having to compromise … ( read…
Yicai Global Warns Brokers, Auditors and Law Firms Against Falsifying China IPO Data
Last month, Beijing-based New Times Securities was found to have made … of making false statements about its role as sponsor of Huaiji Dengyun Auto Parts’s IPO. It was accused of issuing a … (…
China’s economy is ‘extremely dangerous’
Years of rapid debt accumulation have left China facing a “major financial danger”, which in turn poses an economic threat to Australia’s future prosperity, University of Sydney adjunct professor … ( read original story …)
Renault forms China electric vehicle venture with JMCG
BEIJING (Reuters) – France’s Renault SA said on Wednesday it will invest $145 million in a unit of China’s Jiangling Motors Corporation Group (JMCG) that will allow it to expand its electric … ( read…
Vietnam, China embroiled in South China Sea standoff
HANOI — Vietnamese and Chinese ships have been embroiled in a weeks-long standoff near an offshore oil block in disputed waters of the South China Sea, which fall within Vietnam’s exclusive … ( read original…
Toyota, China’s CATL in partnership for new energy vehicle batteries
TOKYO (Reuters) – Toyota Motor Corp (7203.T) said on Wednesday it had agreed to partner with China’s Contemporary Amperex Technology Co Ltd (CATL) (300750.SZ) to supply and further develop … ( read original story …)
Canadian being detained in China over drug allegations, Chinese government says
OTTAWA—China’s foreign ministry says the recent detention of a … according to a transcript of the news conference posted by the ministry. Geng Shuang says Chinese authorities have notified the … ( read original story…
Google is Starting to Back off From China, a U.S. Senator Says
The search giant’s ties to China were in the spotlight this week after technology investor Peter Thiel suggested on Sunday that the U.S. government probe Google’s “seemingly treasonous” work. … ( read original story …)
Cloud robotics firm CloudMinds opts for US IPO, seeks $500 million
Beijing-based CloudMinds, an operator of cloud-based systems for intelligent robots, has filed to raise up to $500 million in an initial public offering (IPO) on the New York Stock Exchange, joining a … ( read…
Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range
NEW YORK/HONG KONG (Reuters) – DouYu International Holdings Ltd DOYU.N, China’s largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after … ( read original story …)