A consortium led by China’s CITIC Group [CITIC.UL] has proposed taking a 70-85 percent stake in the $7.3 billion deep sea port, according to negotiating documents seen by Reuters and three people familiar with the…
Tagged By beijing
Why the iPhone is losing ground in China
Apple, which reported on Wednesday its fifth consecutive quarter of revenue decline for its greater China business, has seen a double-digit fall in iPhone’s first-quarter sales in China, which was a major source of growth…
China means business with its tough financial regulation
BEIJING – China is in the midst of what proponents are heralding as its harshest crackdown on financial risks in history: a campaign that is by no means a fleeting gesture. This is not the…
China takes on aviation giants as first passenger jet completes maiden flight
The C919 passenger jet has been billed as China’s answer to Boeing’s 737 and the Airbus A320 and the country’s first step in challenging western domination of the lucrative aviation market. State television screened a…
China's first home-made passenger plane takes to the skies for its maiden flight: Beijing begins its $1 trillion plan to take on western airlines
China’s first domestically built passenger plane completed its … Chinese media, including state broadcaster CCTV and news portal Sina, broadcast C919’s first flight live online. The aircraft had no passenger seats installed. Instead, it carried…
China's First Bike Rental Firm Hits Legal Bump on Ride to IPO
Before the halt on its IPO process, Youon said that the claimed patent infringement … been infringing the IP rights of a cellphone-lock technology, and has asked the Beijing Intellectual Property Court for damages. The…
China's first big passenger plane takes off for maiden flight
China’s first large domestically made passenger aircraft has completed its maiden flight, mounting a major challenge to Boeing and Airbus. After about 90 minutes in the air the plane landed safely back at Pudong airport…
Tire Imports: The Truth About Chinese Brands
Have tires that are “Made in China” finally arrived? Darrin Bossence can recall a time when Japanese products were not considered the best on the market. “Now, they’re one of the premium global manufacturers,” says…
China’s New Jetliner, the Comac C919, Takes Flight for First Time
SHANGHAI — China’s commercial aerospace dreams took wing on Friday, as the first Chinese-built passenger jetliner completed its first public flight test, embodying the country’s ambitions to take on the industry champions, Boeing and Airbus.…
Exploring Business in China: Tech Firms Head Out on Istuary Trade Mission
Entrepreneurs and enterprise companies from Canada and the U.S. are looking to build connections with China’s local governments, as well as increase their knowledge of local market dynamics and policies regarding China’s growing technology sector.…
Bona Film Group Takes First Step Towards China IPO
Beijing-based distributor and producer Bona Film Group took … Bona was a co-financier on Fox’s The Martian. A Bona IPO would be the first major bow since last year when both China Film Co. and…
Kings and dragons drive Apple in China, even as iPhone sales stall
BEIJING: Apple Inc has a new China growth driver: animated dragons and warring royals. As sales of its iPhones slip in a fiercely competitive market, the US company is seeing stronger growth in its services…
Sandstorm pushes Beijing smog off pollution charts
Beijing (CNN)Beijing’s air quality reached hazardous levels Thursday, as a large sandstorm swept through the Chinese capital, turning the sky a murky yellow and forcing many residents to keep indoors. Sandstorms are common across north…
