Both companies aim to jointly build an ecosystem where blockchain technology can be applied in financial services, taking the strategic development of Group's fintech to a whole new level HONG KONG, April 25, 2018 /PRNewswire/ -- China Minsheng Financial ... ( read original story ...)
China’s Xiaomi promises to cap hardware income margin ahead of IPO
BEIJING (Reuters) - Chinese smartphone and smart device maker ... as it looks to position itself as an internet services provider ahead of a highly-anticipated IPO. Xiaomi - which makes dozens of internet-connected products including scooters, water ... ( read original story ...)
Global banks fear China will limit JV control through new rules
HONG KONG/SHANGHAI (Reuters) - Western banks are seeking clarification from China’s securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership ... ( read original story ...)
China warns of more action after military drills near Taiwan
China has been issuing increasingly strident calls for Taiwan to toe the line, even as Tsai has pledged to maintain the status quo and keep the peace. Speaking at a regular news briefing, Ma Xiaoguang, spokesman for China's Taiwan Affairs Office ... ( read original story ...)
‘China 2025 plan endangers US intellectual property’
US Commerce Secretary Wilbur Ross has described as "frightening" China's plan to transform itself into the global technology nexus in 2025, arguing that the initiative could put American intellectual property at risk. "It's a huge, huge problem," Ross said ... ( read original story ...)
China opens its first bank without bankers
Bank customers speak with a robot at an automated branch in Shanghai. The outlet opened by Beijing-based China... Read More SHANGHAI: Missed paying dues on your Communist Party membership? There’s a bank for that — and it’s fully automated. ( read original story ...)
Beijing Auto show highlights e-cars designed for China
BEIJING — Volkswagen and Nissan have unveiled electric cars designed for China at a Beijing auto show that highlights the growing importance of Chinese buyers for a technology seen as a key part of the global industry's future. General Motors displayed ... ( read original story ...)
Beijing old sites and buildings are now funky hotels and offices as land use control tightens
An increasing number of old rundown sites in Beijing’s downtown and tourist areas is being converted into brand-new hotels and co-working spaces to meet consumer demand amid the lack of new development lots under the city’s stringent control of land use. ( read original story ...)
China to step up IPR protection
China will better protect intellectual property rights (IPR) to improve the business environment and attract more foreign investors, a top IPR official said Tuesday. China treats IPR owned by domestic and foreign companies alike, and gives them equal ... ( read original story ...)
What’s behind the trade battle with China
The Commission on the Theft of American Intellectual Property estimates that China's purported IP theft costs the U.S. between $225 billion and $600 billion each year. Case studies aren't hard to find. Take California-based Paulson Manufacturing ... ( read original story ...)