Chinese electric-vehicle maker NIO said that it will offer 60 million new American depositary shares, each representing one share of NIO’s common stock, as it moves to raise addit … ( read original story …)
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The U.S. Tech War With China Is About to Get Messier
The U.S. tech showdown with China is about to get messier for many American companies. According to a report Wednesday from Bloomberg’s Jenny Leonard and Shelly Banjo, aerospace, technology, auto … ( read original story …)
China Punishes Microblog Platform Weibo for Interfering With Communication
It was not clear whose communications Weibo is being punished for interfering with but it comes after a senior Alibaba Group executive’s relationship with a prominent social media … ( read original story …)
SoftBank’s Arm Says China Joint Venture Replaces CEO
Arm Ltd., a chip technology company owned by SoftBank Group Corp., said the chief executive officer of its China joint venture has been replaced. ( read original story …)
Defense: Harvard professor charged in China case is ‘victim’
A Harvard University professor accused of lying about his ties to a Chinese-run recruitment program has been indicted on charges of making false statements … ( read original story …)
Color Star Technology Announces Plans for its Online Education Platform “Color Star” Post-Acquisition of Color China
Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the “Company”, “we” or “HHT”), a company engaged in the business of providing education services, today announced its strengthened effort in achieving … ( read original story…
Most Small Businesses Say They’re Looking To Leave China
Money transfer company OFX says small and mid-sized US companies are looking for alternatives. Mexico tops the list. ( read original story …)
China’s Investment in Australia Falls to a 13-Year Low
Chinese investment in Australia plunged 58.4% last year to A$3.4 billion ($2.39 billion) — the lowest level since 2007, according to a report released amid a broadening diplomatic spat between the … ( read original…
The UK wants to reinvent its relationship with China in the age of Brexit
Even small changes in China have global effects. In February 2016, when Boris Johnson was still mayor of London, he wrote in The Telegraph newspaper that if the UK voted to leave the European Union,…
China aims to install 600,000 5G stations by the end of the year – reports
The number of 5G base stations that provide access to super-fast wireless networks is set to more than quadruple across China in 2020, its industry and information technology ministry has revealed to … ( read…
China Market Update: China Health Care Fuels Exports In May
Hong Kong and Mainland China managed modest gains as many markets play catch up to China’s first in first out (FIFO) advantage. ( read original story …)
Ericsson Takes $109 Million Hit as China Assets Written Down
Ericsson AB will need to write down assets related to its business in China, resulting in a 1 billion-krona ($109 million) hit to the Swedish telecom giant, the company said in a statement on Monday.…
A U.S.-China Cold War Could Be Good for Investors, After All
A stock analyst who gained attention for emphasizing the theme of inequality a decade-and-a-half ago is now promoting the idea that U.S.-China showdown for economic supremacy could prove a boon for … ( read original…
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