but China’s second biggest telecom equipment maker is trying to have the ban modified or reversed, it said on Wednesday. ZTE was hit by a ban last month from Washington, forbidding U.S. firms from supplying…
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Trump wants China to play a role in peace in Ukraine. Is Beijing willing to help?
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China’s ZTE says main business operations cease due to U.S. ban
China Merchants Bank Faces Suit Over Racial Discrimination
China Merchants Bank Co. was accused of discriminating against African-Americans in a lawsuit filed on behalf of a former executive who claims she was fired for blowing the whistle on its conduct. The Shenzhen, China-based…
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President Xi Jinping, in his speech at the 17th Boao Forum, announced plans to further open China’s economy. One of the key highlights of these new measures is the opening of the financial sector to…
China collects trove of 3 trillion financial records in bid for tighter control of country’s banks
China has amassed a dizzying collection of 3 trillion banking records in its drive to exert effective regulatory control over the nation’s financial institutions in the digital age. The big data mountain – made up…
China bitcoin miner Canaan ditches US for Hong Kong IPO
Canaan Creative, China’s second-largest bitcoin mining hardware maker, is planning to seek an initial public offering in Hong Kong instead of the US, which if successful would make it the first blockchain-related company to list…
China’s ZTE Corp says main business operations have ceased due to U.S. ban
ZTE last month was hit with a ban from Washington forbidding U.S. companies to supply it with components and technology after it was found to have violated U.S. export restrictions. “As a result of the…
InterContinental doubles down on China, targets high-end hotel brands
InterContinental Hotels Group (IHG) is doubling down on the China market and plans to acquire or develop more luxury brands to compete against other hospitality giants, according to its chief executive for the country. “Luxury…
China has quietly been preparing to ‘fill the vacuum’ created by the US leaving the Iran deal
China’s role in global diplomacy has been rising, and Trump’s decision to pull the US out of the Iran nuclear deal may have given Beijing a major boost. Alex Vatanka, a senior fellow at the…
Adidas sees ongoing sourcing shift from China to Vietnam
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Japan, China, South Korea agree to cooperate on North Korea
China, Japan and South Korea warmed their chilly relations Wednesday … “The three countries will take leadership to achieve peace and prosperity in the Northeast Asia,” Abe told a joint news conference in Tokyo, with…
China to tighten rules on banks’ wealth management business – sources
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China’s Tencent signs broad cultural deal with Britain
Its billion user-strong WeChat messaging app sits at the heart of China’s booming internet economy, yet the company remains largely unknown to Westerners outside of technology or financial circles. Tencent said the initial focus of…
“Qingdao, a City of Brands” Global Market Promotion
An Opportunity for Global Investors in the “Made in China” Program QINGDAO, China, May 8, 2018 /PRNewswire/ — Qingdao, known as a “City of Brands”, is the 7th busiest port in the world in terms…
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