The comments came after Azevedo chaired an annual WTO news conference to lay out its predictions for trade, but acknowledging they are clouded by the possible fallout from the spat between the U.S. and China.…
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Chinese hacker who allegedly stole COVID-19 research from universities, extradited to US
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U.S.-China trade dispute could have ‘domino effect’ on global economy: WTO
Asia News: Top China news app apologizes after government crackdown
Shanghai (AFP) – One of China’s most popular news apps issued an abject apology Wednesday and pledged to increase its internal censorship staff to 10,000 after it and three other apps were temporarily banned by…
Direct Financial Impact From Tariffs on China Likely Limited
Matt Jamieson, Senior Director/Head:APAC Research, Fitch Ratings Australia discussed credit risk for corporates as a result of trade tensions in the APAC region. He spoke with Doug Krizner and Juliette Saly, and goes on to…
China lays out self-driving rules in global race: China Daily
which he called a key plank of Beijing “Made in China 2025” push. “We will accelerate to build a strong manufacturing country, a strong country in science and technology with strong networks and transportation,” he…
Luxury brands Hermès, Guerlain and Dior use mobile games to attract Chinese millennials
While the Hermès game is available globally, it’s an especially smart strategy for China, where the average luxury consumer is significantly younger and more receptive to gaming. Several luxury brands have also launched games just…
Mélanie Joly latest minister to push Canadian business in China
OTTAWA—Behind the trade drama on both sides of the Pacific, with the U.S. and China swapping tariffs amid an escalating spat, Canadian cabinet ministers continue their quiet effort to expand ties with the Asian economic…
China has become a ‘technological powerhouse’ in artificial intelligence, says Global Robo CEO
Speaking with CNBC on Wednesday, Bill Studebaker of Robo Global said China has been a “chronic abuser” of intellectual property in the technology space, but “it sort of recognizes that they need to come to…
Chinese Spies Engaged in Massive Theft of U.S. Technology
China is engaged in large-scale theft of American research and technology from universities, using spies, students, and researchers as collectors, experts told Congress on Wednesday. Compounding the technology theft, the administration of President Barack ……
China Leads In Mobile Payments
China’s mobile payment market dwarfs that of the U.S. Consumer comfortable with online shopping and mobile payments driving growth. Mobile payment market dominated by Alibaba and Tencent. In 2016, China’s mobile payments hit $5.5 trillion,…
China denies Xi comments aimed at settling US dispute
BEIJING — China’s government on Thursday denied President Xi Jinping’s promise of market-opening measures this week was aimed at settling a tariff dispute with Washington and said negotiations are impossible under “unilateral coercion” by the…
China presents huge rewards — and serious risks — for US banks
China has promised to lift restrictions on foreign lenders in its massive banking system, creating a huge opportunity for America’s biggest banks. The enormous size and rapid growth of China’s economy make it a tantalizing…
World Bank raises East Asia’s 2018 GDP outlook, but wary of trade war
JAKARTA (Reuters) – The World Bank raised its growth forecast for East Asia and the Pacific for 2018, but warned that a possible U.S.-China trade war could harm growth in countries that are part of…
Voting opens to pick top Chinese brands
Consumers can now vote for their favorite Chinese brands after the China Council for Brand Development announced the top 100 Chinese brands on May 10, which was designated Chinese Brands Day by the State Council…