Xiaomi Corp., going for wow-factor ahead of what could be the largest initial public offering since 2014, has revealed a blistering pace of growth that’ll help it take on Apple and Samsung in global smartphones.…
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Treasury Secretary arrives in Beijing for trade talks, China media cautious
BEIJING (Reuters) – U.S. Treasury Secretary Steven Mnuchin arrived in Beijing on Thursday for key trade talks, with Chinese state media saying China will stand up to U.S. bullying if needed but that it was…
China’s Xiaomi files for IPO; FY17 revenue jumps 68 percent
BEIJING (Reuters) – Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday, in what is expected to be one of the largest listings by a Chinese tech…
China prepares tech sector for battle as US trade team arrives
The first salvos in the budding US-China trade conflict struck old-school sectors like steel and agriculture, but Beijing is now bracing for moves against its strategic ambitions in hi-tech. As a US trade delegation heads…
China’s foreign minister in North Korea to seek larger role for Beijing in nuclear talks
SEOUL—China’s foreign minister arrived in North Korea’s capital on Wednesday and could meet with leader Kim Jong Un while trying to ensure a larger role for Beijing in the new round of nuclear diplomacy with…
Xiaomi’s smartphone shipments double ahead of IPO as ZTE’s slump by half
The companies are arguably the two most newsworthy smartphone brands in China today – but for very different reasons. Xiaomi is widely expected to file its application for a Hong Kong IPO this week, with…
China’s foreign minister in North Korea seeks role for Beijing
SEOUL, Korea, Republic Of — China’s foreign minister arrived in North Korea’s capital on Wednesday and could meet with leader Kim Jong Un while trying to ensure a larger role for Beijing in the new…
BEIJING | Peppa Pig wins street cred, attracts censors in China
BEIJING —A cherubic British cartoon character has become an unlikely target of China’s censors as fans use her porcine likeness in rap videos and “gangster” tattoos. The bright pink swine’s subversive alter-ego has made her…
China reiterates call to continue upholding Iran nuclear deal
Speaking at a daily news briefing, ministry spokeswoman Hua Chunying said China had noted reports about Israeli Prime Minister Benjamin Netanyahu unveiling what he called evidence of a secret Iranian nuclear weapons program as well…
China media say Taiwan has sour grapes as another ally goes
BEIJING (Reuters) – Taiwan has a case of sour grapes, Chinese state media said on Wednesday, after the self-ruled island accused China of using a $3-billion aid pledge to persuade the Dominican Republic to switch…
China’s HNA sells property developer unit in $456 mln deal
SHANGHAI, May 2 (Reuters) – China’s HNA Group is selling a real-estate focused unit for 2.9 billion yuan ($456.08 million), the firm said in a regulatory filing on Wednesday, amid a broader sell down by…
Asia sees signs of export weakness before key U.S.-China trade talks
China, which denies allegations it coerces technology transfers … In Taiwan, another Asian hi-tech powerhouse, factory growth slowed to six-month lows. Business growth in the United States and Europe, while still strong, has slowed to…
Banks feel bite of low IPO approval rate
In the first quarter of 2018, the volume of A-share IPO applications approved by the CSRC declined dramatically, according to data compiled by China Banking News in April. From January to March, CSRC greenlighted 32…
