In July, China’s State Council issued guidelines on developing AI inside the country and set a goal of becoming a global innovation center for the technology by 2030. Earlier this month, investment bank Goldman Sachs…
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EU Chamber warns China: Open economy faster or risk backlash
American authorities also are investigating whether Beijing should face penalties for pressuring companies to hand over technology in exchange for market access. A survey earlier by the U.S.-China Business Council found 20 percent of companies…
China tops the world in incubators, makerspaces
China’s 7,500-plus incubators and makerspaces have fostered more than 223,000 businesses as of 2016, according to data from Torch High Technology Industry Development Center of the Ministry of Science and Technology. China has become the…
Breakthrough technology puts China in elite science club
China celebrated a major scientific breakthrough on August 28, 2017, when the China Spallation Neutron Source (CSNS) produced its first neutron beam. The CSNS will provide powerful support to high-value scientific projects and seeks to…
De-Escalating the U.S.-China Technology Trade War
For more than a decade, China and the United States have been engaged in a game of tit-for-tat technology protectionism, which now threatens to escalate into a wider high-tech trade war. If executed properly, the…
China’s robotic revolution in full swing
When President Xi Jinping visited the Institute of Advanced Technology under University of Science and Technology of China in Heifei, Anhui province, on April 26, he was greeted by a human-like robot named “Jia Jia”.…
China Unicom (Hong Kong) Ltd (NYSE:CHU) Trading Up – Short Interest Up 52.96%
Short traders are feeling a little more bearish lately if you take a look at the uptick in short interest. The firm experienced a rise in short interest from August 15, 2017 to August 31,…
China Mobile Limited (NYSE:CHL) Trading Up – Shorts Up 11.58%
Investors are a little more bearish on China Mobile Limited recently if you consider the change in short interest. The firm experienced a rise in short interest of 11.58% between August 15, 2017 and August…
ZTE Mobile Devices CEO: US and China – Collaboration Through Innovation
SAN FRANCISCO, Sept. 13, 2017 /PRNewswire/ — ZTE, a leading global mobile device maker today announced that Lixin Cheng, CEO of ZTE Mobile Devices and member of CTIA’s Board of Directors and Executive Committee, spoke…
Volkswagen, China Mobile, and Other Far-Flung Bargain Stocks
For more than 15 years, Causeway Capital Management has reliably provided investors with disciplined exposure to out-of-favor foreign large-cap stocks. Co-founded by Sarah Ketterer and Harry Hartford, the Los Angeles–based firm has an excellent long-term…
China Unicom Hong Kong Ltd (CHU) Shares Trending Lower Last 5 Session
Israel Discount Bank of NY purchased a new stake in shares of China Mobile (Hong Kong) in the first quarter valued at $119,000. Whether or not this should be a cause for concern for investors…
China’s bitcoin crackdown forces exchanges to close. The price is crashing
China’s bitcoin crackdown is wreaking havoc on the virtual currency. Two of the country’s most prominent bitcoin exchanges, BTC China and Via BTC, said they will halt trading this month. BTC China has also stopped…
China Unicom (Hong Kong) Ltd.: Poll Results of Extraordinary General Meeting and Update on the Mixed Ownership Reform Plan
Reference is made to the circular (the “Circular”) and the notice of the extraordinary general meeting of China Unicom (Hong Kong) Limited (the “Company”) dated 28 August 2017. Unless otherwise defined in this announcement, terms…