Activision and Tencent are teaming up to create an all-new “Call of Duty” mobile game for the Chinese market, the two companies announced on Thursday. The new title will be free-to-play and it will br……
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Google is developing a censored news app for China
Google’s recently leaked plans to re-enter the Chinese market doesn’t end with a mobile search engine app. The company is also getting into the (censored) news business. The Information reports that a … ( read…
The Finance 202: Trump team ramps up China trade fight on currency claims
Robin Brooks, chief economist at the Institute of International Finance, tells me he is “strongly of the … Erica Werner (@ericawerner) August 2, 2018 Talks between Washington and Beijing have stalle… ( read original story…
China says it wants to resolve differences with U.S. ‘on equal footing’
SINGAPORE (Reuters) – China is willing to resolve differences with the United States on an equal footing, the Chinese government’s top diplomat said on Friday after meeting U.S. Secretary of State Mik… ( read original…
Top monk accused of harassing nuns as #MeToo spreads to China
One of China’s highest-ranking Buddhist monks is facing a government investigation over accusations of sexual misconduct, in what is seen by some as an indication the #MeToo movement is gaining tracti… ( read original story…
Heineken, China Resources Beer seal $3.1 billion tie-up in premium brands push
HONG KONG/SHANGHAI (Reuters) – Heineken NV (HEIN.AS) is buying a $3.1 billion stake in the firm controlling China Resources Beer (0291.HK), China’s largest brewer, as the companies seek to tap a growi… ( read original…
China, ASEAN navies stage 1st emergency drills amid feud
“The two sides will further expand our defense exchange and security affairs cooperation in a joint effort to meet security challenges and uphold regional stability,” Wang told a news conference Thurs… ( read original story…
China’s Didi, Ant Financial weigh joint $2 billion Ofo buyout: source
HONG KONG (Reuters) – Chinese ride-hailing giant Didi Chuxing and Alibaba’s (BABA.N) Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 ……
China’s Didi, Ant Financial weigh joint $2 bln Ofo buyout -source
Chinese ride-hailing giant Didi Chuxing and Alibaba’s Ant Financial are in talks with bike-sharing startup … Load Error A deal would mark the latest stage of consolidation in China’s once-booming bi… ( read original story…
China’s indebted conglomerates pile into anti-poverty push
The amounts of money being pledged are unlikely to affect the companies’ financial positions materially … Property developer Evergrande, one of China’s most indebted companies, whose bonds are rated … ( read original story …)
People’s Bank of China hires two new deputy governors in battle against financial risks
China’s central bank has boosted the number of its deputy governors to fulfil its expanding role in battling financial risks in the word’s second-largest economy. The People’s Bank of China (PBOC) add… ( read original…
China July services new business growth weakest since December 2015: Caixin PMI
BEIJING (Reuters) – China’s services sector expanded at the weakest pace in four months in July, as there was the least growth in new business since December 2015, a private survey showed on Friday. F……
Heineken seals $3.1 billion tie-up with China Resources Beer, shares surge
“In Heineken we have found the perfect partner to achieve our ambitions in China and – as an international partner – to support us in growing our business outside China.” The companies are conducting ……
