[Photo by Zhang Dandan/China Daily] BERLIN – Chinese original equipment manufacturers (OEM) were becoming relevant competitors for top German players in the premium automobile segment, according to a … ( read original story …)
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China to push to attract more high-tech manufacturers
BEIJING (Reuters) – China will push to attract more high-tech manufacturers to set up in the world’s No.2 economy, the nation’s commerce ministry said late on Friday, without giving further … ( read original story…
China’s Huawei to invest $800 million in new Brazil factory amid 5G push
Initially, handsets would be imported from China, but the world’s third-largest … trusts the company and the country needs its technology. Rivals noted that Huawei is under particular pressure … ( read original story …)
Exclusive: PSA, Dongfeng to drop two China auto plants, halve workforce – document
squeezed by a worsening U.S.-China trade war. Many Western carmakers were already struggling before the downturn, as Chinese consumers abandoned their mid-market brands for increasingly assertive … ( read original story …)
IPO Update: 9F Readies U.S. IPO Plan
9F and selling shareholders hope to sell $76 million of ADSs in a U.S. IPO. The firm operates a peer-to-peer online lending and financial services marketplace in China. JFU has a downward revenue … (…
Nova Scotia looking to build ‘100% China-friendly’ website to promote trade, sidestep censorship
HALIFAX—Nova Scotia is continuing its bid for an amiable trade relationship with China, with plans for a promotional website built specifically to fit the country’s strict internet censorship laws. … ( read original story …)
Trump says U.S. still talking with China, but not ready to make a trade deal
“China wants to do something, but I’m not ready to do anything yet. Twenty-five years of abuse – I’m not ready so fast, so we’ll see how that works out.” the president added. Trump said…
Trump still has plenty of ways to escalate his China trade war
Trump has said an easing of restrictions on sales to China’s Huawei Technologies Co. that was part … holding off on a decision about licences for U.S. companies to restart business with Huawei after ……
China’s Huawei eyes new Brazil factory amid 5G push
In an audio recording of a press conference in China, Sao Paulo Governor João … trusts the company and the country needs its technology. … ( read original story …)
U.S.-China trade war weakening demand for oil
PARIS — The trade war between the United States and China and a broader decline in world economic growth are weakening the demand for oil and pushing prices down, the International Energy Agency said ……
Detroit automakers face ‘time of reckoning’ in China
Dunne said U.S. automakers will have to drive brand recognition and distance themselves from China’s domestic automakers in order to succeed. The Detroit Three will have to push top-end luxury brands … ( read original…
ZTE and China Mobile empower China’s first 5G sporting events with 5G Live TV solutions
SHENZHEN, China, Aug. 9, 2019 /CNW/ — ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet … ( read original story …)
These six dividend stocks have limited exposure to the U.S.-China trade war
Newmont Goldcorp Corp. is the world’s leading gold producer – but with no mines in China. In 2016, Yum Brands Inc. split off its KFC, Pizza Hut and Taco Bell banners in China as Yum…