The divisional financing was based solely on the appraised pre-commercialized value of Zecotek’s patented LFS scintillation crystal technology of approximately $75 million. “The funds raised by the equity sale in Zecotek Imaging China will be…
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China puts anti-dumping tariff of up to 19.8% on imports of pork from the EU
Shenzhen Hepalink approves key governance changes at EGM
Shenzhen Hepalink announces board composition and roles
China puts anti-dumping tariff of up to 18.9% on imports of pork from the EU
Global brands seek private equity partners to save their China businesses
Hong Kong court finds media tycoon and Beijing critic Jimmy Lai guilty of sedition, foreign collusion
He Recorded China’s Detention of Uyghurs. The U.S. Wants to Deport Him to Uganda.
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Zecotek Announces New Subsidiary in China, and new Financing of $5 Million (at $75 Million Valuation)
From drones to dredgers: stop China’s top tech falling into foreign hands, military warns
China’s military has raised the alarm about the country’s cutting-edge tech falling into foreign hands – as Beijing continues to come under fire from the West for forcing firms to hand over the keys to…
Philippines on China military build-up: No war option
President Rodrigo Duterte’s office said on Monday that Filipino officials “know about the work” of China in seven disputed reefs, and the country relies “on the principle of good faith” that Beijing “will not reclaim…
Rejected three times due to fear of Beijing, controversial book on China’s secret influence will finally be published
A controversial Australian book on China’s growing influence will finally be released next month. The book was shelved by its publisher last year due to fear of legal action by Beijing-linked “agents of influence.” Two…
China’s smart home devices start-up gets US$54.4m from Citic and Baidu
It has so far collaborated with 18 top property developers in the mainland, including China Vanke, China Merchants Property and COFCO Property in cities like Beijing, Shanghai and Shenzhen, to provide smart home technology and…
China’s Okay Airways Plans China IPO Around 2021, Executive Says
China’s Okay Airways Co. is planning to sell shares in an initial public offering in its home country around 2021 and use the proceeds to help finance aircraft purchases. In the run-up to the IPO,…
China: Trade probe of US sorghum a ‘normal’ investigation
The Ministry of Commerce announced Sunday it was investigating whether U.S. sorghum was being exported to China at improperly low prices … spokesman Geng Shuang said at a regularly scheduled news briefing. The Ministry of…
China Enlists Its ‘Great Firewall’ to Block Bitcoin Websites
“Overseas transactions and regulatory evasion have resumed,” said an article published Sunday night by the People’s Bank of China-affiliated Financial News, as quoted by the South China Morning Post. “Risks are still there, fueled by…
China: Cheap American grain is hurting our farmers
Trump will decide on other potential trade sanctions against China in the coming months based on the results of U.S. investigations into steel, aluminum and intellectual property infringement. China has taken measures against specific products…
China stocks reverse losses, end higher as banks jump
The largest percentage gainers in the main Shanghai Composite index were Kailuan Energy Chemical Co Ltd. SHANGHAI: China stocks recouped early losses sparked by a slide on Wall Street and ended higher on Monday, underpinned…
Bank works overtime to save most of elderly couple’s US$4,750 life savings after house fire
An elderly couple from rural China who thought they had lost their life savings in a fire at their home managed to recoup three quarters of their nest egg after bank workers spent eight hours…
Quick Take: Chinese Bank Brands Outperform Global Peers
The brand value of China’s top banks increased by 22% in 2017, more than double the average growth experienced by the world’s top 500 banks. The value of the 45 Chinese bank brands on the…
Reserve Bank fines China Construction Bank for failing to follow procedures
The central bank says the fine was due to weaknesses in the Chinese bank’s control measures rather than transactions involving money laundering or the financing of terrorism It is impossible to extract ore from the…
