I think Xiaomi’s business model is very different from theirs, even if it has absorbed some of their uniqueness Lei Jun China’s securities regulator showed its goodwill by approving a 27 billion yuan IPO application…
Tagged By beijing
Whiskey sour? China importers fret over U.S. trade battle
The uncertainty gripping the niche market – U.S. whiskey imports to China were worth only $8.9 million last year – reflects the wider concern in the U.S. business community in China that the trade standoff…
China flexes military muscle in waters near Taiwan
China’s navy is holding live-fire exercises near Taiwan on Wednesday in a warning to the democratic, self-ruled island against what Beijing describes as “dangerous” remarks on independence. Few details about the drills in the Taiwan…
China fights big smog with big air purifier
China has a found a novel way to tackle its massive air pollution problem: Putting up a giant air purifier the size of an industrial smokestack in the middle of a smog-plagued city. Instead of…
China’s JD.com makes push to lure European luxury brands
MADRID (Reuters) – Chinese e-commerce company JD.com made a pitch on Wednesday to attract more European luxury brands to its site, saying it can offer faster delivery and better protection against fakes than bigger rival…
Buick unveils electric concept car in China, where the brand is more popular than it is in the US
Buick unveiled an electric concept car Tuesday in China, which remains the brand’s biggest market, by far. The Buick Enspire is an all-electric sport utility vehicle that can drive zero to 60 mph in 4…
China to open auto market as trade tensions simmer
Germany’s BMW (BMWG.DE), which has a big stake in trade relations between Beijing and Washington as the biggest exporter of vehicles from the United States to China, welcomed the car decision. “We believe a more…
China currency moves hang in the balance in U.S. trade spat
(Reuters) – U.S. President Donald Trump’s latest complaint about China devaluing its currency is off base. But the yuan could potentially become a major sticking point in efforts to resolve the trade dispute between the…
Beijing Forges Ahead With ‘Made In China’ Policy, Targeted By Proposed U.S. Tariffs
After three rounds of tariffs and counter-tariffs, both actual and proposed, the U.S. and China appear deadlocked, with the possibility of a trade war still looming. China remains defiant in the face of U.S. threats,…
Report: China’s Silk Road Plan Serves Beijing Security Goals
HONG KONG — A new study says a massive Chinese infrastructure program that Beijing says is aimed at promoting global trade and economic growth is actually intended to expand the country’s political influence and military…
China to open up auto sector, even as it slaps new tariffs on animal feed
China announced plans Tuesday to allow full foreign ownership of automakers in five years, ending restrictions that helped to fuel its trade dispute with U.S. President Donald Trump as it promotes electric car development. The…
China to allow full foreign ownership in auto industry
BEIJING — China announced plans Tuesday to allow full foreign ownership of automakers in five years, ending restrictions that helped to fuel its escalating dispute with U.S. President Donald Trump and strained relations with other…
China’s first quarter growth beats expectations at 6.8%
At the current rate, this sector in China doubles in size every two to three years. But it was also exports that helped the economy grow in line with the second half of last year.…