Mergers and acquisitions in mainland China’s technology sector saw a year-on-year decline of 12.9 per cent in the past four months, despite the massive US$5.5 billion funding round scored by ride-hailing giant Didi Chuxing about two weeks ago ... ( read original story ...)
China's Uber rival takes step toward global plunge
Didi Chuxing starts rolling out an English version of its ride-hailing app in China, as it eyes an international launch. If you're visiting China but don't speak the language, you may be relieved to hear that you can hail a cab just as easily as the locals ... ( read original story ...)
China optical technology purchase slowdown temporary; LightCounting
Despite a decrease in demand for optical communications technology in China so far this year, LightCounting expects optical component and module sales to remain strong in 2017. Strong sales from data center operators should help make up at least some of ... ( read original story ...)
Li gets close look at China-made tractor
China previously depended on overseas technology for such products. WU ZHIYI / CHINA DAILY Premier Li Keqiang called on Monday for further efforts to drive agricultural modernization and manufacturing upgrades amid China's economic transformation. ( read original story ...)
Alipay, China’s top mobile payment service, expands to the U.S.
China’s dominant mobile payment service is making its move in the U.S.. Ant Financial, the Alibaba spin-off that operates Alipay, has inked a deal with payment processor firm First Data that will allow its service to be used at point-of-sale with more ... ( read original story ...)
China Unicom (Hong Kong) Limited (CHU) Lowered to Hold at Zacks Investment Research
China Unicom (Hong Kong) Limited (NYSE:CHU) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Monday, April 24th. According to Zacks, “China Unicom Limited is engaged in the ... ( read original story ...)
Russia blocks China's biggest messaging app
China's most popular messaging app has been blocked in Russia. Moscow's communications regulator has added WeChat to its list of prohibited websites, according to Russian state news agency TASS. The messaging app ran afoul of laws requiring companies that ... ( read original story ...)
OpenStack® Board Elects China Unicom and FiberHome as Gold Members of the Foundation
At the OpenStack Summit Boston, the Board of Directors of the OpenStack Foundation elected China Unicom (News - Alert) and FiberHome Telecommunication Technologies as Gold Members of the Foundation. Both new Gold Members demonstrate OpenStack's strategic ... ( read original story ...)
China is bent on world domination — but not in the way you think
It sent a delegation to Washington last week to warn that “China’s aggressive mercantilist policies are one of the most serious threats facing the future of U.S. advanced technology sectors,” as their policy paper says — and that the U.S ... ( read original story ...)
China Unicom (Hong Kong) Limited (CHU) Getting Favorable Media Coverage, AlphaOne Reports
News stories about China Unicom (Hong Kong) Limited (NYSE:CHU) have been trending positive recently, Alpha One reports. The research firm, a division of Accern, identifies negative and positive news coverage by analyzing more than 20 million news and blog ... ( read original story ...)