The owner of Chinese news aggregator Toutiao has agreed to pay as much as $1bn for Musical.ly, the maker of a social media app that specialises in lip-sync music videos. According to people familiar with…
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Trump took the gloves off on trade, the South China Sea, and investment just hours after he left Beijing
President Donald Trump leaves Beijing for Vietnam on Air Force One. Thomson Reuters President Donald Trump just left China after a pleasant, uncontroversial visit. But as soon as he landed in Vietnam, he slammed China…
China’s new passenger jet finishes first long-haul flight
BEIJING — China’s homegrown passenger jet touched down safely after its first long-haul test flight on Friday, bringing the nation one step closer to competing directly with aircraft giants in Europe and America. China hopes…
China widens foreign access to its giant financial sector
They will take effect immediately following the drafting of specific related rules, Zhu told a news conference, adding China is “formulating a timetable and roadmap for financial sector reform and opening up”. The foreign business…
China’s deliverymen face robot revolution as parcel demand soars
SHANGHAI/BEIJING (Reuters) – At Beijing’s sprawling Renmin University of China, two shiny new couriers dart through throngs of students to deliver parcels throughout the day. But they’re not typical Chinese deliverymen. Bright red, gray and…
China to ease curbs on foreign business in finance, autos
BEIJING — China will ease restrictions on foreign ownership stakes in the financial sector and reduce tariffs on automotive imports, a senior Chinese official said Friday, following criticism from the country’s trading partners. Vice Finance…
China media praises tone, outcome of Trump-Xi summit
Trump pressed China to do more to rein in North Korea on Thursday and said bilateral trade had been unfair to the United States, but praised Xi’s pledge that China would be more open to…
Trump bypasses Great Firewall to send tweet in China
He included a clip from ABC News of the ceremonial reception he received outside … Some wondered if he may stay off his primary medium for addressing his supporters out of respect for China’s domestic…
Boeing signs deal to sell 300 planes worth $37 billion to China
BEIJING/SHANGHAI (Reuters) – Boeing (:BA – News) signed an agreement on Thursday to sell 300 planes to China Aviation Supplies Holding Company worth $37 billion at list prices – one of a number part of…
Forbidden in China, but Trump skirts ‘Great Firewall’ to tweet about Beijing trip
“In China, people have many channels to communicate … Trump tweeted again on Thursday afternoon, posting an ABC News video montage of the “incredible” welcome parade at the Great Hall of the People, where he…
AP FACT CHECK: China-US business deals are largely gloss
Such signing ceremonies in China are often just that: ceremonial. They typically represent purchases that Chinese customers already planned to make and waited to announce. The signings are a fixture of visits by foreign leaders,…
Trump thinks US, China could jointly solve world’s problems
BEIJING — President Donald Trump set aside his blistering rhetoric in favour of friendly overtures to China on Thursday, trying to flatter his hosts into establishing a more balanced trade relationship and doing more to…
Trump obliges China’s efforts to control image, media in choreographed Beijing visit
President Donald Trump broke with tradition on his trip to China and didn’t take questions from reporters. Trump obliged China on presenting a very controlled, choreographed visit. China controls its media, but the US has…
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