China’s State Administration for Market Regulation is also investigating US tech firm Micron Technology (MU) and South Korea’s SK Hynix, according to the Wall Street Journal. Samsung (SSNLF) said in a statement that investigators had…
Featured Posts Title
‘Egregious’: Beijing criticises new Japanese PM Takaichi for meeting Taiwanese official
China Vanke says Shenzhen Metro agrees to provide loans of up to $3 billion
Shenzhen hailed as ideal choice for hosting APEC
Ethiopian runners crowned in Beijing Marathon, record number of participants break 3-hour barrier
US urges ASEAN to be firm in countering China in the South China Sea
Canada and Philippines to sign a defense pact to boost combat drills and deter China’s aggression
Beijing offers disabled people more barrier-free facilities
Recent Posts
China is investigating foreign chipmakers
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 ‘regrets’ EU’s allegation of intellectual property theft lodged with World Trade Organisation
China voiced regret over the European Union’s decision to lodge an intellectual property rights complaint at the World Trade Organisation, just as Beijing is embroiled in a similar dispute with Washington. The EU brought the…
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…
‘Need to play by the rules’: UK and France will challenge Beijing in the South China Sea
France and the UK will challenge Beijing by sailing through contested waters in the South China Sea. British Secretary of State for Defence Gavin Williamson said nations “need to play by the rules” at the…
Deutsche Bank Says Never Mind Trade Tensions, Buy China Stocks
Next steps are unclear, following Commerce Secretary Wilbur Ross weekend meetings with negotiators in Beijing. The rhetoric isn’t troubling Deutsche Bank strategist Will Stephens. The MSCI China Index is one of the most domestically geared…
China says trade deals are off if US raises tariffs
The purchases are meant to reduce America’s massive trade deficit in goods and services with China, which last year came to $337 billion, according to the U.S. Commerce Department. After the apparent cease-fire, global financial…
Australia must stay cool on China, and press the reset button
Let’s call it the “China syndrome”. This describes a condition that is a bit compulsive and not always rational. Australia’s response to China’s continuing rise mixes anxiety, even a touch of paranoia, with anticipation of…
China Banks’ Waning Demand Hints at More Bond Defaults Ahead
“You have seen banks redeeming funds placed with non-bank financial institutions that have reduced the pool of funds available for corporate bond investment overall,” said Wright, who has covered China since 2006. He said the…
China Banks’ Waning Demand Suggests More Corporate Bond Defaults
“You have seen banks redeeming funds placed with non-bank financial institutions that have reduced the pool of funds available for corporate bond investment overall,” said Wright, who has covered China since 2006. He said the…
US wants structural changes to China’s economy, Steven Mnuchin tells G7 finance ministers
Speaking at a G7 finance leaders meeting in Canada where he was the target … US Commerce Secretary Wilbur Ross arrives in Beijing for trade talks Ross, who was preceded by more than 50 US…
Renminbi resilience lets Chinese central bank loosen grip
Despite the People’s Bank of China’s loosening of the renminbi’s previously tight peg to the dollar in recent years, the currency still tracks the greenback’s movements more closely than other emerging market currencies. “The renminbi…
