HONG KONG—The Chinese government is pushing some of its biggest tech companies—including Tencent, Weibo and a unit of Alibaba—to give the state a stake in them and a direct role in corporate decisions. Wary of…
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China targets U.S. technology to become innovation leader
China has stepped up efforts to work with American businesses in a bid to acquire advanced technology, part of a drive to become a leading technology-innovation power. “China is pushing to further deepen technology collaboration…
M&M to draft new China script for farm machinery
Mahindra & Mahindra (M&M) is working on a China business plan for its tractor/farm machinery business, which will, in all likelihood, be a wholly-owned subsidiary. “If we have to succeed in China, we should be…
China a powerhouse of innovation: UBS
Two technicians inspect a high-speed train’s wheels at a maintenance shed in Nanjing, East China’s Jiangsu province. [Photo provided to China Daily] A research report released recently by UBS recognized the innovation development of China…
Beijing furious as US warship sails near South China Sea islands
A US Navy destroyer sailed near islands claimed by China in the South China Sea on Tuesday, three US officials told Reuters, prompting anger in Beijing, even as President Donald Trump’s administration seeks Chinese cooperation…
China Tower could list sooner to capitalise on rise in telecom operators’ share prices
China Mobile, which has the most number of towers on the mainland, contributed 116.4 billion yuan in assets for a 38 per cent share in China Tower. Unicom, China Telecom and the state asset-management firm…
China’s topsy-turvy bridge actually has three bridges woven into one
That’s the philosophy behind the Lucky Knot bridge in Changsha, China, which was designed by Next Architects … a partner at the firm, tells Business Insider. The steel bridge in Changsha’s newly redeveloped city center…
US guided-missile destroyer again checks Beijing in the South China Sea
Petty Officer 2nd Class James R. Evans, US Navy WASHINGTON (Reuters) – A U.S. Navy destroyer sailed near islands claimed by China in the South China Sea on Tuesday, three U.S. officials told Reuters, even…
China could shatter petrodollar by compelling Saudi Arabia to trade oil in yuan
Veteran investor Jim Rogers told RT last month that countries are getting more concerned about trading in dollars, because “if the US gets angry at you, they just set enormous pressure on you that can…
It’s Complicated: U.S. Business Stance on China Over Intellectual Property Theft
U.S. businesses and trade groups are split over how forcefully to crack down on China over intellectual property theft, with some arguing the country is making progress on its own in enforcing protections and urging…
Big brands drive change in China’s manufacturing hub
In just a few days I, along with EDF+Business’ Xixi Chen, will be traveling across China to talk with companies and students about corporate energy management. The trip comes one week after China’s “Golden Week”—the…
China to issue first dollar bonds since 2004, in Hong Kong
China’s Ministry of Finance has revealed plans to sell US … Chinese corporates have undertaken business expansion globally, which require dollar-denominated funding in recent years. But companies which choose to raise funds through the Asian…
Trump Is Warned His Intellectual-Property Probe Risks a Trade War With China
The Trump administration’s probe into China’s intellectual-property practices threatens to spark a trade war between the world’s two biggest economies, according to an official representing Chinese industry. “We are quite confused and greatly … (…
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