President Donald Trump’s key adviser on the administration’s “America first” economic policies told FOX Business’ Lou Dobbs that the next step in U.S. trade policy is addressing intellectual property theft by China. “The next thing…
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China’s ZTE sharpens focus on 5G after earnings recovery in 2017
ZTE Corp, China’s largest-listed telecommunications equipment manufacturer, plans to intensify its 5G mobile development efforts after returning to profit last year. Yin Yimin, the chairman of ZTE, said in a regulatory filing late on Thursday…
‘Courageous’ Donald Trump will soon get options to crack down on China’s IP theft, trade adviser Peter Navarro says
US President Donald Trump will soon “crack down” on China after receiving recommendations about the country’s trade and intellectual property rules, White House trade adviser Peter Navarro said. “In the coming weeks, President Trump is…
Donald Trump eyes massive tariffs on China tech sector
Washington’s move to target Chinese firms comes amid allegations of intellectual property theft. The move would punish Chinese tech companies for having US companies give up their technology secrets in order to operate in China.…
Trump to consider trade measures against China ‘in coming weeks’: advisor
“If an undesirable situation arises, China has the intention of safeguarding its legitimate rights,” he said. The United States has long accused Beijing of forcing US companies to turn over proprietary commercial information and intellectual…
CHINA SCE PROPERTY : PPT year net up 37% to Rmb2.84bn; div HK13 cts
year-on-year to Rmb2,840 million. Basic and diluted earnings per share were Rmb79.9 cents and Rmb78.4 cents. Revenue amounted to Rmb16,105 million, an increase of 29% from a year earlier. Contracted sales amount grew 41.3% year-on-year…
Virtu Financial founder: We should view China as long-term partners
Vincent Viola, Virtu Financial founder, discusses the Trump administration’s views on trade and economic policies as well as the market’s reaction. “Fast Money Halftime Report” trader Joe Terranova weighs in. ( read original story …)
GlobalData: With 191 million Chinese tourists by 2021, global brands should embrace WeChat
With outbound travel and spending from China growing rapidly over the next five years, global tourist brands must leverage WeChat’s capabilities and wide reach to lure Chinese tourists, says leading data and analytics company GlobalData.…
China’s consumer day show targets Volkswagen, bike sharing
Last year, it turned its spotlight on U.S. sports brand Nike (NKE.N) for misleading advertising. Volkswagen itself has been targeted before – in 2015 for overselling repairs and spare parts to drivers and in 2013…
China Unicom targets fast profit growth after ownership reform
HONG KONG, March 15 (Reuters) – Chinese telecom carrier China United Network Communications is targeting compounded annual profit growth of 68.7 percent through 2020, Chairman Wang Xiaochu said on Thursday. China’s second-biggest telecoms carrier by…
China Unicom net profit nearly triples
HONG KONG, March 15 (Reuters) – China Unicom (Hong Kong) Limited said on Thursday its net profit for 2017 nearly tripled on cost savings. China’s second-biggest telecoms carrier by subscriber numbers had flagged the jump…
China Unicom reveals cost optimization and investment strategy
China Unicom has reduced the number of departments at the headquarters by 33 percent. It has also slashed the number of institutions at provincial branches by 21 percent. China Unicom has withdrawn 15 percent of…
China Unicom Hong Kong : 2017 Net Profit Nearly Tripled to CNY1.83 Billion
China Unicom (Hong Kong) Ltd. (CHU) said 2017 net profit nearly tripled from a year earlier, partly due to cost controls and higher service revenue growth. The Chinese mobile operator said net profit surged to…