Beijing orders almost 1 million unused bicycles off city roads

China ordered bicycle sharing companies in Beijing to remove redundant bicycles from roads on Friday. China’s bike sharing startups were once considered an attempt by young entrepreneurs to shape modern Chinese society through technology, but the rapid ... ( read original story ...)

Source: Trump administration has cut deal with China’s ZTE

In doing two, the two nations pulled back from the brink of a trade war over Chinese demands that U.S. companies hand over some of their technology as the price of doing business in China. Commerce Secretary Wilbur Ross is scheduled to travel to Beijing on ... ( read original story ...)

Royal Bank joins Air Canada in labeling Taiwan as part of China

VANCOUVER—Royal Bank of Canada customers who wish to wire payments to Taiwan will find it listed as a “province of China” on its website. The bank’s designation is coming to light after a similar move made by Air Canada to change the name of ... ( read original story ...)

Trump strikes deal with China over ZTE

President Trump told Fox News on Friday he has struck a deal with Chinese President Xi Jinping to ease U.S. sanctions imposed on Chinese telecommunications giant ZTE. The Commerce Department last month blocked China's ZTE from importing American components ... ( read original story ...)

Early Xiaomi workers to make millions from company’s IPO

Back in 2010, staffers were working seven days a week out of a bare-bones Beijing office park to get the unknown mobile ... Now Li stands to make $10 million to $20 million, depending on Xiaomi’s IPO value. It was employee No. 14, a receptionist now ... ( read original story ...)

Time-honored brands set for a facelift

The city government will further promote time-honored brands with strong Shanghai features as part of efforts to build the city into a modern shopping paradise. provided to china daily In a bid to bolster the city's retail sector and boost consumption ... ( read original story ...)

Tesla hires new chief financial officer for China

(Reuters) - Tesla Inc (TSLA.O) on Friday announced a number of key executive hires including former GE and General Motors executive James Zhou as its China CFO and Neeraj Manrao, a former Apple executive, as director of energy manufacturing. Zhou ... ( read original story ...)