Broadcom also disclosed that sales to Chinese smartphone-maker Huawei alone contributed $900 million in revenue for the company, or about 4.3% of total fiscal 2018 revenue. Shares of Broadcom fell … ( read original story…
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China Traders Reassess Counterparties After Bank Seizure
according to a report from 21st Century Business Herald, citing unnamed institutional investors. That is in response to the fact that China’s seven-day and 14-day “overall interbank market” pledged … ( read original story …)
Huawei Braces for a Steep Drop in Overseas Smartphone Sales
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. Huawei Technologies Co. is preparing for a 40% to 60% drop in international smartphone…
In Duisburg, China expands trade influence in Germany
Rüken says the new language option will close a gap in the market and help to “portray a realistic image [of China]. By learning Chinese, students will be able to see things as they are.…
Canadian farmers are collateral damage of China-U.S. feud
But it’s hard to reconcile this glass-half-full narrative with the recent run of bad news down on the farm. There is China’s indefinite ban on Canadian canola seed imports and restrictions on various … (…
Chinese Government Releases Blockchain-Based Platform for Paying Bills
The Chinese government together with Alipay is rolling out a blockchain-based platform for paying bills, a first for the Zhejiang province. Currently only available in Zhejiang, the platform will be … ( read original story…
China Mobile opens bid for 5G rollout worth $2 billion
It has become clear that openness and cooperation will be an irreversible trend in the 5G era, and countries advocating for fair and healthy competition will eventually succeed in the 5G race, … ( read…
Ericsson, Nokia secure key 5G contracts in China
A booth showcasing 5G technology is pictured at an industry expo in Beijing. [Photo/China Daily] The news came after China Mobile, the world’s largest telecom operator by mobile subscribers, announced … ( read original story…
China approves three new IPOs
BEIJING, June 16 (Xinhua) — China’s securities regulator has approved the initial public offering (IPO) applications of three companies. Guangdong-based MARUBI Biotechnology Co., Ltd, Zhejiang-based … ( read original story …)
Economist’s ‘pig’ quip sets China abuzz
Was the furore in China — amplified by outraged state media and a local … Local rivals of UBS, which have been trying to wrest business from more established Western wealth managers, were quick to…
Forced or Not? Why U.S. Says China Steals Technology
It’s one of the most contentious fronts in the U.S.-China trade war: so-called forced technology transfers. The term refers to a spectrum of practices through which foreign companies that want to … ( read original…
Why Apple, Nike, Budweiser, and Starbucks all need to worry in China
As the trade war between the U.S. and China drags on, more American companies have said they are attempting to shift some of their production out of China, from Google to GoPro to Nike to…
Problems with China Crush Canada Goose (TSX:GOOS): Can the Stock Recover?
Since the trade tensions began, we’ve seen the effect of slower than expected growth in China on top-notch brands like Apple. Tech companies are on edge as the fallout from the boycott of Korean giant…
