BEIJING — Staking an assertive negotiating stance, China says it will refuse to discuss President Trump’s two toughest trade demands when American officials arrive in Beijing this week, potentially derailing the high-level talks. The Chinese…
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Oversea Chinese Banking : China Factory Activity Slows Slightly in April — Update
BEIJING–China’s factory activity slowed a tick in April due … an economist with Oversea-Chinese Banking Corp. “Chinese companies are having a much harder time this year than last year, as borrowing costs have risen a…
Pitch Behind T-Mobile-Sprint Merger: Keep Up With China in 5G
By joining forces, the two mobile carriers said, they would help ensure that American companies remain world leaders in the coming era of fifth-generation wireless technology, or 5G. The implication: Failure to keep up in…
Xiaomi’s blockbuster IPO risks leaving Hong Kong’s financial system with a cash crunch
The city’s red-hot IPO market usually sees offerings oversubscribed — sometimes by hundreds of times — as investors borrow heavily to place orders. For clues on how this may play out, consider that China Literature’s…
Coming To America – China IPO’s
Despite the political rhetoric, Chinese companies are still looking to IPO in the United States. YY Inc.’s eSports streaming unit Huya going public. Baidu’s iQiyi now a public company. Anime streaming company Bilibili going public.…
T-Mobile, Sprint say $26 bln deal would give U.S. tech lead over China
(Reuters) – T-Mobile US Inc and Sprint Corp said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create thousands of…
Behind T-Mobile-Sprint Merger, a Race to Keep Up With China in 5G
That means carriers in the United States and China may be racing to build infrastructure more quickly than the technology that would make best use of it is developing. At a recent Huawei summit meeting…
BRIEF-China Internet Nationwide Financial Says Independent Committee Completed Investigation Into Allegations In Muddy Waters Report
* CHINA INTERNET NATIONWIDE FINANCIAL-INVESTIGATION FOUND NO MATERIAL INCONSISTENCY BETWEEN GROSS REVENUE IN CO’S BOOKS & RECORDS & REVENUE REPORTED IN SEC REPORTS * CHINA INTERNET NATIONWIDE FINANCIAL – INVESTIGATION FOUND ACQUISITION OF BEIJING ……
21 hot cars at the 2018 Beijing Auto Show
There are few segments of the global economy where this is more evident than the auto industry. For more car makers, China is the most important market in the world. The Middle Kingdom’s new-found wealth…
China is monitoring employees’ brain waves and emotions — and the technology boosted one company’s profits by $315 million
Chinese businesses and the military are monitoring employees’ brain activity and emotions. The “emotional surveillance technology” helps employers identify mood shifts so they can change break times, an employee’s task, or even send them home.…
Is Regulation Finally Taming Shadow Banking in China?
Having injected fresh energy into the curbing of shadow banking during last year’s final quarter, it seems that China is now finally seeing its efforts starting to pay off. The once-booming controversial financial sector, which…
BRIEF-China Development Financial Holding unit disposes stake in Qisda for T$3.43 bln
* Says its unit CDIB Capital Group disposes 149.5 million shares of Qisda Corp, at the average price of T$22.954 per share, for T$3.43 billion in total ( read original story …)
China’s Baidu to sell majority of financial services unit for $1.9 billion
(Reuters) – China’s Baidu Inc said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led by TPG Capital Management LP [TPG.UL] and Carlyle Group LP,…
