And it claims a war with the hermit state could happen “at any time” amid rising tensions with Russia and the US. China has been a long time ally of despot Kim Jong-un, but recently called for both Washington and Pyongyang to control the situation. ( read original story ...)
N.B. shoemaker tries to get China-inspired shoes off on right foot
The goal isn't to compete with Nike but to fill a niche market. Kasdan's shoe is inspired by two shoes traditionally worn in China. One, worn by martial artists and named Feiyue, means "fly over." The other, Jiefang xie, has been worn by Chinese farmers ... ( read original story ...)
Baidu to share self-drive car technology
He said this could mean that Baidu's technology will be used in millions of cars on China's roads by 2020. However, bigger international carmakers who are already working on autonomous vehicles are unlikely to follow suit. Motivated by the widespread ... ( read original story ...)
China, EU push message of free trade, engagement
Top diplomats from China and the European Union pledged closer cooperation Wednesday, highlighting their common interests in peace and security and pushing a message of free trade and open engagement in contrast to fears that the U.S. is turning inward ... ( read original story ...)
China's Ant Financial targets brand boost in SEAsia with helloPay deal
BEIJING Ant Financial, the payment affiliate of Alibaba Group Holding Ltd (BABA.N), has acquired Singapore-based payment service helloPay Group, part of the Chinese firm's drive to boost its Alipay brand and presence in Southeast Asia. helloPay is the ... ( read original story ...)
How China can ward off financial crisis
With emerging Asian economies now accounting for nearly two-thirds of global growth, China bears have a ready audience for their gloomy prognostications. Some, like the high-profile U.S. economist Tyler Cowen, have been predicting imminent financial ... ( read original story ...)
China granted monopoly retail rights to Ivanka Trump on the same day she had dinner with its president
As the first daughter crafts a political career from her West Wing office, her brand is flourishing, despite boycotts and several stores limiting her merchandise. U.S. imports, almost all of them from China, shot up an estimated 166 per cent last year ... ( read original story ...)
China Mobile Achieved CNY708.4 Billion Operating Revenue In 2016
In 2016, China Mobile realized operating revenue of CNY708.4 billion, a year-on-year increase of 6%. Its earnings before interest, taxes, depreciation and amortization were CNY256.7 billion, a year-on-year increase of 6.9%; and its net profit was CNY108.7 ... ( read original story ...)
Chinese Investment Scandal Highlights ‘Shadow Banking’ Risks
He was wrong. On Wednesday, Ms. Wang, 61, joined about a dozen other customers in the lobby of a Beijing branch of the bank China Minsheng, pressing employees for details and demanding their money back, after Chinese news media reported that more than $400 ... ( read original story ...)
China EV makers to take on Tesla's Model 3 through price, local manufacture
SHANGHAI (Reuters) - It's not due to arrive in China until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars to go head-to-head against Tesla Inc's "mass market" Model 3 sedan. For leading Chinese ... ( read original story ...)