BEIJING (Reuters) – France’s Renault SA said on Wednesday it will invest $145 million in a unit of China’s Jiangling Motors Corporation Group (JMCG) that will allow it to expand its electric … ( read…
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Vietnam, China embroiled in South China Sea standoff
HANOI — Vietnamese and Chinese ships have been embroiled in a weeks-long standoff near an offshore oil block in disputed waters of the South China Sea, which fall within Vietnam’s exclusive … ( read original…
Toyota, China’s CATL in partnership for new energy vehicle batteries
TOKYO (Reuters) – Toyota Motor Corp (7203.T) said on Wednesday it had agreed to partner with China’s Contemporary Amperex Technology Co Ltd (CATL) (300750.SZ) to supply and further develop … ( read original story …)
Canadian being detained in China over drug allegations, Chinese government says
OTTAWA—China’s foreign ministry says the recent detention of a … according to a transcript of the news conference posted by the ministry. Geng Shuang says Chinese authorities have notified the … ( read original story…
Google is Starting to Back off From China, a U.S. Senator Says
The search giant’s ties to China were in the spotlight this week after technology investor Peter Thiel suggested on Sunday that the U.S. government probe Google’s “seemingly treasonous” work. … ( read original story …)
Cloud robotics firm CloudMinds opts for US IPO, seeks $500 million
Beijing-based CloudMinds, an operator of cloud-based systems for intelligent robots, has filed to raise up to $500 million in an initial public offering (IPO) on the New York Stock Exchange, joining a … ( read…
Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range
NEW YORK/HONG KONG (Reuters) – DouYu International Holdings Ltd DOYU.N, China’s largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after … ( read original story …)
China may slip back into its old habits as growth slows. That could raise debt levels again
… than 3,300 businesses in China from the privately-run China Beige Book showed that in the second quarter, companies reported the highest share of borrowing from the so-called shadow banking sector … ( read original…
Singapore-based e-commerce start-up Zilingo is a winner from the US-China trade war
The “Made in America” rhetoric by the Trump administration has also benefited Zilingo because a number of US brands that wanted to move certain production outside China have decided to source directly … ( read…
China Investor Who Made 785% on Moutai Says He’s Found Next Big Thing
“China’s large commercial banks are in a position very similar … With assistance from Jun Luo. To contact Bloomberg News staff for this story: April Ma in Beijing at ama112@bloomberg.net;Mengchen Lu … ( read original…
A lack of innovation could be why investments in China’s tech firms are plunging
A lull in innovation is one of the major forces behind a recent plunge in venture capital (VC) investment in Chinese technology companies, according to investors who spoke to CNBC. The value of VC ……
China’s farm habits change in response to African swine fever that killed millions of pigs
Demand for Belgian firm CID Lines’ Cid20, which also contains aldehyde, has more than doubled from last year, and the firm is unable to meet demand, said Niu Yufeng, China business development manager … (…
Richmond business owners concerned about trips to China
Richmond business people in the Chinese-Canadian community have once again expressed safety concerns while going on trips to China. Relations between Canada and China have been strained since two … ( read original story …)
