Zhao’s comments came just as Honor unveiled its latest smartphones in China. Analysts saw the move as the brand’s accelerated effort to meet rising demand from a large customer group pursuing … ( read original…
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China Mobile’s Two Main Rivals Could Merge Soon
The Chinese government is mulling a merger between China Unicom (NYSE: CHU) and China Telecom (NYSE: CHA), according to Bloomberg, which could combine the country’s second and third largest … ( read original story …)
China says African countries don’t think cooperation adds to debt
BEIJING (Reuters) – African leaders attending this week’s summit with China don’t think that cooperation between the continent and Beijing has added to their debt burden, the Chinese government’s top … ( read original story…
China’s Meituan Dianping to focus on domestic market after $4.4 billion Hong Kong IPO
HONG KONG (Reuters) – China’s Meituan Dianping, an online food delivery-to-ticketing services platform, confirmed it had filed for an up to $4.4 billion Hong Kong IPO and said it will focus on its dom… (…
Pay-with-your-face systems and self-driving cars: Inside Baidu’s headquarters in Beijing
Like Alphabet in the U.S., the Chinese company is also working on a host of other technologies. CNBC recently visited its headquarters in Beijing , which is home to around 20,000 of its 40,000-person ……
Tiny Pacific island Nauru takes on Beijing in furious diplomatic spat
The tiny Pacific nation of Nauru has demand China apologize for the “crazy” behavior of its senior diplomat at the Pacific Island Forum, a gathering of 18 regional leaders hosted by Nauru this week. T……
China says retaliation ready if US tariffs go ahead
BEIJING — China is ready to retaliate if U.S. President Donald Trump goes ahead with a tariff hike on Chinese goods and is confident it can maintain “steady and healthy” economic growth, a government ……
Bloomberg Forum in Beijing for Business Elites Is Put Off, Chinese Hosts Confirm
WASHINGTON — An influential Chinese organization acknowledged on Wednesday that a new Davos-style forum for global business and political elites hosted by Michael R. Bloomberg, the billionaire media e… ( read original story …)
Exclusive-British Navy Warship Sails Near Beijing-Claimed South China Sea Islands: Sources
(Reuters) – A British Royal Navy warship sailed close to islands claimed by China in the South China Sea as it headed towards Vietnam, asserting “freedom of navigation” rights and challenging Beijing’ … ( read…
Meituan Dianping picks a tough time for its $4.4 billion IPO
Its IPO is a test of investors’ appetite for new … smaller companies — Meituan and Dianping — that were viewed as China’s equivalents of Groupon (GRPN) and Yelp (YELP). ( read original story …)
China warns of retaliation if U.S. slaps new tariffs
“If the United States, regardless of opposition, adopts any new tariff measures, China will be forced to roll out necessary retaliatory measures,” ministry spokesman Gao Feng told a regular news confe… ( read original story…
As next round of U.S. tariffs on China looms, both sides dig in
China is planning two choreographed celebrations of free trade – a major import fair in November and the 40th anniversary in late December of its move toward market reforms. However, Chinese … ( read original…
Boost for “made in China” medicine as Chi-Med wins key approval
The London-listed company – which is known as Chi-Med and is collaborating with Eli Lilly on the drug – said on Wednesday that the National Medical Products Administration of China had approved … ( read…
