Brands can have a hard time finding an audience in an age where everyone fights for attention on social media. China e-commerce company Alibaba Group is using its Taobao Global incubator to give small to…
BUSINESS
U.S. reaches deal with China’s phone maker ZTE: Commerce Secretary
He added that he did not think the arrangement would have any effect on tariff talks with China. “We think this settlement, which brought the company, a $17 billion company, to its knees, more or…
Commerce Secretary: US reaches deal with China’s ZTE
WASHINGTON — The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing…
‘What if China suddenly disappeared?’: A top strategist just published a reality check for those freaking out about the rise of China
China runs the largest merchandise trade surplus with the US at $375 billion. But some analysts think the data can be misleading. The US-China trade deficit could be overstated by as much as 20%, one…
China seems ‘worried’ about Malaysia’s new leadership, and a suspicious $2 billion deal could be the first sign of trouble
Euan Graham, the director of the Lowy Institute’s international-security program, told Business Insider after the election that Beijing was most likely nervous about Mahathir taking office. “Would China be happy with the result?” Graham said.…
China institutes on US campus: Fount of learning or threat?
For critics, like Republican Sen. Marco Rubio, they present a threat to academic freedom and a spy risk. As tensions between the U.S. and China rise over trade and security, perceptions vary wildly about educational…
China Gets Hands on Chip Technology in SoftBank Deal
SoftBank said Tuesday it would cede 51% of the Chinese business for $775 million, while retaining the remainder. The buyers are led by Hopu Investment Management Co., which is backed by sovereign-wealth fund China Investment…
China just extended Trump a massive olive branch to try to calm the trade battle
China has offered to purchase close to $70 billion worth of US goods over the next year if the Trump administration backs off proposed tariffs, according to The Wall Street Journal. The deal would include…
China tells U.S. Secretary of State to mind his own business after Tiananmen Square comments
China has lodged stern representations with the United States, its foreign ministry said on June 4, over comments by U.S. Secretary of State Mike Pompeo urging it to come clean on the anniversary of the…
China’s Xiaomi plans $3 billion CDRs in blockbuster July IPO: sources
HONG KONG (Reuters/IFR) – Chinese smartphone and connected device maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in…
China says in principle door is open to talks with U.S. on trade
BEIJING (Reuters) – China’s door to talks is open in principle, the country’s Foreign Ministry said on Monday, a day after Beijing warned that any trade and business deals reached with Washington would be void…
China’s Xiaomi eyes $3 billion CDRs in $10 billion July listing plan: sources
HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi plans to raise up to 30 percent of its blockbuster $10 billion IPO by selling shares in mainland China while offering the remainder in Hong Kong, people…
China warns U.S. won’t get trade benefits if tariffs implemented as talks end
BEIJING (Reuters) – China warned the United States on Sunday that any agreements reached on trade and business between the two countries will be void if Washington implements tariffs and other trade measures, as the…