“We obviously got caught up in something that was above us, so I don’t know if I would conclude anything about our own business, our ability to invest [in China] or partner with Chinese companies,”…
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China says still open to talks on scrapped Qualcomm-NXP takeover
The Chinese market regulator added in its statement that the country would treat all companies fairly and that China was open to foreign firms investing and doing business in the country. Gilholm of C… (…
In China, #MeToo escalates as public figures are accused of sexual assault
China’s millions of social media users have also ensured that any news, scandals and grievances spread quickly. The spread of accusations about prominent Chinese figures presents a challenge for the g… ( read original story…
Ex-Google Engineer Huang Catapulted to 100 Richest by PDD’s IPO
Pinduoduo Inc. founder Colin Huang became China’s 12th richest person with the soaring U.S. trading debut of his e-commerce company. The former Google engineer’s $13.8 billion fortune after the IPO pl… ( read original story…
Report: China, Russia and Iran ramp up economic spying on US
China uses joint ventures to try to acquire technical know-how, the report said. It said Beijing seeks partnerships with U.S. government labs to learn about specific technology and information about r… ( read original story…
China’s Easing Move Draws Value Hunters to Unloved Bank Stocks
Value hunters are paying more attention to China’s unloved banking stocks after the government softened its deleveraging drive. Spurned for months, they’ve been some of the biggest beneficiaries of Ch… ( read original story …)
Qualcomm ends $44 billion NXP bid after failing to win China approval
The Trump administration played an outsized role in Qualcomm’s fate and there had been expectations that the lifting of a ban on U.S. chipmakers doing business with China’s ZTE Corp (000063.SZ) would … ( read…
Man detonates small device outside US Embassy in Beijing
The Beijing Police Department said a 26-year-old man with the surname Jiang injured only himself with a homemade explosive device. ( read original story …)
Ex-assistant chairman of China’s banking regulator sentenced to 16 years in prison: state media
HONG KONG (Reuters) – The former assistant chairman of China’s banking regulatory commission has been sentenced to 16 years in prison for accepting bribes, state media said on Thursday, as the Chinese … ( read…
WeWork’s China Subsidiary Is Raising $500 Million
WeWork Cos.’s China-focused subsidiary is raising $500 million from Asian investors, the co-working giant said Thursday. The round values the business at $5 billion, according to people familiar with … ( read original story …)
China’s Xi says world must ‘reject protectionism outright’
The Trump administration’s trade war with China, the world’s second-largest economy, and other major trading partners has given focus to the summit to rally support for what Xi called “common prosperi… ( read original story…
China Mobile : Big investors are placing bets on China
China’s facial recognition start-ups are attracting big investments at a time when Silicon Valley’s giants are facing a backlash over their use of the technology. In the past week, Chinese facial reco… ( read original…
China to speed up special local government bond issuance to meet demand
BEIJING (Reuters) – China’s special local government bond issuance will accelerate in the second half of this year, and the finance ministry will focus the “proactive” fiscal policy on cutting taxes a… ( read original…
