Canada’s new ambassador to China says this country can “walk and chew gum at the same time,” by establishing friendly relationships with U.S. President Donald Trump while at the same time maintaining healthy relations with…
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Johnson Investment Counsel Inc. Boosts Position in China Mobile (Hong Kong) Ltd. (CHL)
Johnson Investment Counsel Inc. raised its stake in shares of China Mobile (Hong Kong) Ltd. (NYSE:CHL) by 3.9% during the third quarter, Holdings Channel reports. The firm owned 5,523 shares of the company’s stock after…
Qantas goes back to Beijing
Qantas has recommenced daily flights from Sydney to Beijing, eight years after scrapping the route because of the global financial crisis, as the airline seeks to lift its share of the lucrative Chinese travel market.…
Apple sues Qualcomm in Beijing seeking 1 billion yuan
WASHINGTON (Reuters) – Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging that the chip supplier abused its clout in the chip industry and seeking 1 billion yuan (115.22 million pounds) in damages,…
Fonterra confident in China strategy despite losses
“The long-term outlook remains strong with disposable incomes in China growing by 11.5 per cent a year since 2006, the relaxation of the one child policy taking effect and tightening brand regulations leading to the…
China Unicom Hong Kong : Expects Substantial Drop in 2016 Net Profit
China Unicom (Hong Kong) Ltd.’s (0762.HK) net profit for 2016 is expected to fall by around 94% from a year earlier on higher expenses and the absence of major one-time disposal gains. The mobile operator…
Off the beaten path in China: great for travellers, a headache for business
G Adventures finds interest among tourists for China and Tibet adventures is comparable to destinations such as the Egyptian pyramids. But border crossings can trip up plans At the mention of Tibet, Toronto-based travel entrepreneur…
Hong Kong denies Beijing role in Singapore shipment probe
HONG KONG – Hong Kong’s customs chief says Beijing wasn’t involved in the investigation into nine armored personnel carriers belonging to Singapore that were seized in the Chinese-controlled territory. Commissioner Roy Tang said Wednesday that…
EU asks China to open markets following free trade support
It said most believe China’s business environment “discourages investment.” The American chamber said U.S. companies want Trump to take a tougher stance with Beijing on market access but to proceed carefully. Asked what impact Europe…
Live Trial: Ericsson Cellular IoT Tech + China Mobile Network + Mobike IoT Bikes
Ericsson, China Mobile Group Shanghai Company and Mobike – the popular bike-sharing service – have recently joined forces to trial the latest cellular Internet of Things (IoT) technologies on a live network. The trial provided…
China's banking regulator issues guidelines on outbound investment
BEIJING China’s banking regulator issued guidelines on Wednesday calling for the country’s financial institutions to strengthen their control and management of funding for outbound investment. The guidelines are the latest new rules on overseas investment…
China’s central bank turns tiger mum as it faces tough balancing act over monetary policy
Three days after the People’s Bank of China provided a rare sweetened money deal for a number of state banks, it got tough and raised the interest it charged on medium-term loans to lenders –…
China central bank official defends rapid foreign reserves use to keep yuan steady
BEIJING A senior official at China’s central bank has defended authorities’ rapid use of foreign exchange reserves to keep the yuan currency stable, saying the benefits “outweighed the drawbacks”, according to a state newspaper. “The…