China is offering to buy up to 5 percent of Saudi Aramco directly … to the Chinese refining industry so it makes a lot of sense it could mean that the Aramco IPO is at…
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Meet China’s new tech giants: Alibaba, Baidu, Tencent and Xiaomi
Google, Amazon, Facebook and Apple (Gafa) may still be the world’s largest technology companies, but a new generation of contenders is coming from the East. Alibaba and its peers Baidu, Tencent and Xiaomi (popularly termed…
Patently tough: Long road ahead for Qualcomm in China case against Apple
SHANGHAI/BEIJING (Reuters) – Qualcomm Inc wants to hit Apple Inc where it hurts most: iPhone sales in China – one of its biggest global markets where most of its flagship smartphones are made. The U.S.…
China tries to reassure foreign companies, promises openness
He also tried to defuse concern about a technology plan dubbed “Made in China 2025” that calls for developing Chinese competitors in electric cars and other fields. Business groups say it would exclude foreign competitors…
China central bank chief surprises with gravity-defying 7 pct H2 growth forecast
SHANGHAI/BEIJING: China’s central bank governor said the economy could grow 7 per cent in the second half of this year, accelerating from the first six months and defying widespread expectations for a slowdown. The uncharacteristically…
China’s president looks to extend power at Communist Party congress
China is run by the party’s Politburo Standing Committee … And while many Chinese may seem blase, news about the congress is impossible to avoid. Villages are revving up decades-old public address systems to broadcast…
Huawei seen as the most authentic brand in China: report
Huawei Technologies, the world’s largest telecommunications equipment supplier, is the most authentic brand in China, according to a report by New York-based communications agency Cohn&Wolfe. The privately held maker of networking systems and smartphones ……
Sogou files for US$600M US IPO
Sogou, the search engine subsidiary of Sohu, filed with the Securities and Exchange Commission (SEC) to raise up to US$600 million via an IPO on the NYSE on Friday night Beijing time. Shares in Sohu…
China passes test with flying colors
He was in China to complete a year of overseas studies as part of his global masters management program with the London Business School. Three months later, Mobike cycles were popping up in groups of…
China’s 19th party congress: What you need to know
Passengers arriving at Beijing’s railway stations face extended security checks, according to the Beijing Daily News, and China’s uniformed and plainclothes police, as well as its army of granny spies (think neighborhood watch on a…
China state media attacks Western democracy ahead of Congress
BEIJING (Reuters) – China’s official Xinhua news agency attacked Western democracy as divisive and confrontational on Tuesday, praising on the eve of a key Communist Party Congress the harmony and cooperative nature of the Chinese…
China’s shoppers turn Jack Ma’s Ant Financial into a debt giant
Now, tech giants led by Alibaba Group Holding Ltd’s finance affiliate are making money off the loans consumers use to buy those products. Amid surging demand from cash-strapped Chinese millennials, companies such as Ant Financial…
China’s Xi looks to extend power at Communist Party congress
China is run by the party’s Politburo Standing Committee … And while many Chinese may seem blase, news about the congress is impossible to avoid. Villages are revving up decades-old public address systems to broadcast…
