BEIJING/SHANGHAI (Reuters) – China has proposed a ban on forced technology transfer and illegal government “interference” in foreign business operations, practices that have come under the spotlight i… ( read original story …)
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China’s draft foreign investment law bans forced tech transfer, emphasizes reciprocity
Will China’s new forced technology transfer law satisfy US concerns?
Foreign businesses are sceptical that China’s new legislation banning forced technology transfer will reduce confrontation with the US, saying the new laws may not change current practices. The draft … ( read original story …)
China’s middle class hit by shadow banking defaults
A senior manager at the Beijing office of a large US tech company did not want his boss to know he spent his vacation days protesting outside government offices. It is difficult to put exact…
Brand-building key to global competitiveness
China should improve the top-level design of a brand-building mechanism to promote and strengthen internationally influential domestic brands and intellectual property rights, said political advisors, … ( read original story …)
Nokia and China Mobile Open Up 5G Ecosystem
The companies plan to work together to optimize 5G networks using open radio access network interfaces. Nokia and China Mobile Research Institute announced they have agreed to work together to optimiz… ( read original story…
China Claims Most US IPOs Since 2010
There have been 33 initial public offerings (IPOs) for Chinese companies listed on the New York Stock Exchange and Nasdaq this year, the most since 2010, when there was 39, according to reports. The c……
Canadian to be tried on drug charges in China: Government-run news portal
A Chinese court will try a Canadian citizen on drugs charges on Saturday, a government-run news portal said, in a case that could further test already difficult relations between Beijing and Ottawa. T… ( read…
U.S.-China Trade Talks to Take Place in Beijing in Early Jan.
(Bloomberg) — A U.S. government delegation will travel to Beijing in the week of Jan. 7 to hold trade talks with Chinese officials, two people familiar with the matter said. Deputy U.S. Trade Represe… (…
China Studying Plans to Boost Bank Capital Amid Lending Push
(Bloomberg) — Chinese authorities are studying plans to help banks replenish capital as they look to continue with their crackdown on financial risk without hurting credit growth. Key Insights … ( read original story …)
China’s central bank drains liquidity from market
BEIJING, Dec. 26 (Xinhua) — China’s central bank drained liquidity from the financial system Wednesday. The People’s Bank of China (PBOC) conducted 20 billion yuan (about 2.9 billion U.S. dollars) of … ( read original…
Number of Chinese IPOs in US hits eight-year high
Investors who bought US-listed Chinese IPOs at the offer price were on average nursing losses … Equities worldwide have had a punishing end to 2018 as concerns about the US-China trade war and globa… (…
China approves large-scale energy storage pilot
BEIJING—China approved its first large battery storage pilot project as it seeks to maximize clean energy output and improve grid stability. The initial phase of the venture in the northwestern provin… ( read original story…
China mobile payment usage in Q3 2018; Tenpay (Tencent) the highest penetration
92% of mobile internet users in China used mobile payment in Q3 2018, a little decline compared with 92.4% in May, according to the report from Ipsos. The penetration rates of Tenpay (WeChat Pay +…