HONG KONG (Reuters) – Acquisitive Chinese conglomerate Fosun International, which owns Club Med and a stake in Cirque du Soleil within its broad portfolio, aims to invest at least 20 billion yuan ($3.2 billion) in…
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White House warns of ‘industrial-scale’ efforts in China to rip off U.S. AI tech
These fishermen in the South China Sea get paid for their time on water — not to fish
White House accuses China of ‘industrial-scale’ AI technology theft weeks ahead of Trump-Xi summit
Hong Kong’s Langham group among first to invest in Beijing’s ‘city of the future’ Xiongan
China teases new aircraft carrier in video, vows to build up islands
China Publishes Maps Detailing Minerals on the Ocean Floor
Canada was almost driven into China’s arms by U.S. economic coercion, Trudeau says
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China’s Fosun aims to invest $3.2 billion in technology over three years
China will publicly shame jaywalkers using facial-recognition technology – then send a fine over text
JAYWALKERS in China are to be named, shamed, and slapped with an instant SMS fine. And it’s all thanks to cutting-edge artificial intelligence. China shamed 13,930 jaywalkers in less than a year by flashing their…
IQiyi, The Netflix Of China, Prices Its IPO At $18 Per Share
Reuters said late Wednesday that the Beijing-based company, considered the Netflix (NFLX … Baidu currently holds a 69.6% stake in the company and will remain as a majority shareholder post-IPO. In 2017, iQiyi reported revenue…
China Could Target Broad U.S. Business Interest in Trade Spat-China Daily
SHANGHAI — China could target a broad range of U.S. businesses from agriculture to aircraft, autos, semiconductors and even services if the trade conflict with the United States escalates, the China Daily newspaper said in…
China and North Korea portray strong ties after surprise Kim Jong Un visit
Kim made the visit to China at Xi’s invitation, China’s official Xinhua News Agency said, in his first trip to a foreign country since he took power in 2011. Xinhua said the trip ran from…
Train believed to be carrying high-level North Korean delegation leaves Beijing
South Korea’s left-leaning press Hankyoreh also reported Kim had traveled to Beijing for meetings with Chinese President Xi Jinping on Monday afternoon before leaving for a “third location” on Tuesday. It did not cite specific…
Retail banking boosts China CITIC
Retail banking contributed about 34.17 billion yuan ($5.46 billion) to the net non-interest income of China CITIC Bank, the Beijing-based national joint-stock commercial lender announced on Tuesday. On the contrary, the volume of its interbank…
Breakfast Briefing: Xiaomi’s New Phone & Kim Jong-un in Beijing
The phone will hit the market on April 3rd, and its success will more than likely play a huge role in how well Xiaomi’s planned IPO goes later this year. Pundits reckon that the Beijing-based…
Beijing may be ‘seething’ over Kim Jong Un’s hasty visit to China because it wasn’t properly stage-managed
Despite throwing a lavish reception for Kim Jong Un, China is probably “seething” that it was forced to meet with Kim in such a rushed way. China was caught off-guard with Trump’s decision to meet…
Value of top 100 Chinese brands surges in new ranking
A logo of Alibaba is pictured at the headquarters of Chinese e-commerce giant Alibaba Group in Hangzhou city, east China’s Zhejiang province. [Photo/Agencies] Brand value of Chinese firms, especially those from the technology, education and…
Tencent crowned China’s most valuable brand as Chinese brand power hits record high
Tencent has retained the title of China’s most valuable brand for a fourth consecutive year, beating out Alibaba, ICBC and Baidu, according to BrandZ Top 100 Most Valuable Chinese Brands rankings. The report, which is…
China’s Booming Edtech Sector Sends IPOs To New York
A series of China tech IPOs in the education sector are underway in the U.S. to capitalize on high growth rates and potential in this booming business, where it seems all Chinese want to get…
China’s premier pledges market opening in bid to avert U.S. trade war
The United States asked China in a letter last week to cut a tariff on U.S. autos, buy more U.S.-made semiconductors and give U.S. firms greater access to the Chinese financial sector, the Wall Street…
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