as China’s smartphone market has run out of steam, shrinking nearly 16 percent in 2018. The firm announced a deal in November to outsource manufacturing of the smartphone business to Xiaomi Corp and … (…
Tagged By blockchain
As China’s economy slows further, Beijing opens the bank vaults
China’s already sluggish economy slowed even more in the … from a sudden burst of confidence in the strength of the country’s economy among Chinese business leaders. Instead, the positive glimmers … ( read original…
China to One Day Turn the Renminbi into a Crypto, Claims Blockchain Author
Blockchain Research Institute Executive Chairman Donald Tapscott suggested that it’s only a matter of time before the renminbi makes its way onto the blockchain, telling Bloomberg: “In 20 … ( read original story …)
Amazon to close domestic marketplace business in China: sources
(Reuters) – Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focusing efforts on its more lucrative … ( read original story…
U.S. firms no longer ‘positive anchor’ for Beijing ties: AmCham in China
BEIJING (Reuters) – Frustrated U.S. businesses can no longer be counted on as a “positive anchor” in U.S.-China relations, a top U.S. business lobby said on Wednesday, arguing any deal to end trade … (…
China’s car market to return to growth this year, executives say
SHANGHAI (Reuters) – China’s car market will return to growth in the second half of this year due to government support although the days of high single or double-digit growth are over and … (…
Singapore’s OCBC Seeks Partner for China Securities Business
(Bloomberg) — Oversea-Chinese Banking Corp. is looking for a Chinese firm to team up with on a securities joint venture on the mainland, the latest foreign bank seeking to capitalize on the nation’s … (…
IBM Hosts First APAC MOBI Colloquium to Promote Standards and Accelerate Adoption of Blockchain in Human Mobility
“Blockchain and decentralized ledger technology has great potential to make mobility greener, safer, and more accessible for cities around the world, especially for nations with rapid urbanization … ( read original story …)
China’s first quarter growth unexpectedly steadies, but too early to call clear recovery
BEIJING (Reuters) – China’s economy grew at a steady 6.4 percent pace in the first quarter from a year earlier, defying expectations for a further slowdown, as industrial production jumped sharply and … ( read…
South China’s small businesses leading Asia Pacific in innovation and technology
Mr William Huang, President of CPA Australia South China Committee, introduces the findings of Asia Pacific Small Business Survey 2018 These positiveconditions are expected to continue in 2019 with … ( read original story …)
Japan exports hit by weak China demand, raising risk of economic contraction
TOKYO (Reuters) – Japan’s exports fell for a fourth straight month in March as China-bound shipments slumped again … weak external demand may hurt company profits and in turn curb business … ( read original…
China Says IPO Sponsors on New Tech Board Must Invest in Deals
Chinese authorities said that sponsors of initial public offerings on its forthcoming technology-focused listing venue will need to invest in as much as 5 percent of the shares issued by their clients … ( read…
No-frills no longer: GM’s China brand Baojun attempts a major makeover
LIUZHOU, China/BEIJING (Reuters) – By many measures, General Motors’ China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles … ( read original story …)
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