But the BRI faces challenges, she warned, including the cost of infrastructure. In the next three years, for example, China’s big three mobile companies plan to shell out US$180 billion on super-fast 5G networks. “The…
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Digital QR code ID cards headed to China
China is launching a new type of QR code ID cards for its citizens to use, provided they don’t mind a digital facial scan. This marketplace is known for the success of its mobile payments…
China’s ZTE slams U.S. ban, says company’s survival at risk
HONG KONG (Reuters) – China’s ZTE Corp said on Friday that a U.S. ban on selling parts and software to the company was unfair and threatens its survival, and the mobile phone and telecommunications equipment…
BRIEF-China Biologic Says Excluding Financial Results Of Tianxinfu, Q1 Sales To Grow About 2% In RMB
April 24 (Reuters) – China Biologic Products Holdings Inc : * CHINA BIOLOGIC PRODUCTS HOLDINGS – EXCLUDING FINANCIAL RESULTS OF TIANXINFU, TOTAL SALES IN Q1 OF 2018 EXPECTED TO GROW ABOUT 2% IN RMB TERMS…
US brands suffer collateral damage in Chinese corporate war
The executives spoke to the AP only on condition of anonymity for fear of reprisals, but their concerns were echoed by a U.S. industry group, brand consultants and policy makers in China and JD.com itself.…
WSJ: Chinese Uber Competitor Didi Chuxing Seeks $80 Billion IPO
Didi has accelerated talks on a potential IPO partly because its new rival China’s Meituan … Didi on Tuesday laid out plans at an event in Beijing for an alliance with 31 auto industry partners…
Beijing will continue to support Pakistan: Chinese vice president
Vice President of the People’s Republic of China Wang Qishan. Photo: AP BEIJING: Vice President of the People’s Republic of China Wang Qishan has reaffirmed China’s support to Pakistan’s independence, sovereignty and counter-terrorism efforts. (…
Fire at karaoke bar in China kills 18, arson suspect arrested
The bureau said the man had burns on his hips. It did not provide a motive for the arson, but state broadcaster China Central Television reported the suspect had set fire to a karaoke parlour…
China Criticizes US Intellectual Property Probe as ‘Unobjective’
Chinese copyright officials say the Section 301 probe conducted by the US Trade Representative is not objective as it hasn’t taken into account the most recent evidence of China’s intellectual property protections. Kristian Rouz –…
How ‘Made in China 2025’ became the real threat in a trade war
“And these are things that if China dominates the world, it’s bad for America.” A lengthy U.S. report on China’s intellectual property theft — which led to the most recent potential tariffs — mentioned the…
Worrying signs China is moving backward on reforms, warns U.S. official
“From the U.S. perspective, China’s WTO commitments reflect somewhat of a broken contract,” Tong told a packed audience of business professionals and media. “Perhaps most worrisome, actually, is the sense we have in the United…
In Beijing, Sushma Swaraj says protectionism in all forms should be rejected
Beijing: India on Tuesday said protectionism in all its forms should be rejected and reaffirmed its belief in an economic globalisation which is more open, inclusive and equitable, amid new trade barriers cropping up across…
China establishes 19 intellectual property protection centres
China has established 19 intellectual property protection centres and will continue to provide more efficient and low-cost rights protection channels, Shen Changyu, head of the State Intellectual Property Office, declared on Tuesday. Shen made the…
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