China complains over end to Iran oil sanction waivers
Beijing – China’s Foreign Ministry said on Tuesday it has formally complained to the United States over its decision to end waivers on sanctions on Iranian oil imports, adding another fault line to already complicated Beijing-Washington ties.China is Iran’s largest … Continue reading China complains over end to Iran oil sanction waivers
China EV: Byton management shake-up
Shanghai – Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the … Continue reading China EV: Byton management shake-up
China: Amazon to shut online store
San Francisco/Beijing/Hong Kong – Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. … Continue reading China: Amazon to shut online store
BYTON prepares break-through in automotive industry
Nanjing – Since being founded in 2016, BYTON, the premium smart electric vehicle brand, has experienced growth at a high rate. This summer BYTON plans to close its ongoing C-round. It is also well on track to start series production … Continue reading BYTON prepares break-through in automotive industry
ITB China: Development in the hospitality industry
Berlin/Shanghai –For the second time in a row the Hospitality Sales and Marketing Association International (HSMAI) and ITB China, set to take place from 15 to 17 May 2019 in Shanghai, have joined together to promote education and professional development in … Continue reading ITB China: Development in the hospitality industry
ITB China: Qyer to host IT’S MY WORLD TRAVEL AWARD
Berlin/Shanghai – China’s biggest outbound travel service platform, Qyer, and ITB China, the largest exclusive B2B marketplace for the Chinese travel industry, have announced the renewal of their strategic partnership. For the first time ITB China, set to take place from … Continue reading ITB China: Qyer to host IT’S MY WORLD TRAVEL AWARD
MIT cuts ties with Chinese tech firms Huawei, ZTE
Boston – The Massachusetts Institute of Technology has severed ties with Huawei Technologies and ZTE Corp as U.S. authorities investigate the Chinese firms for alleged sanctions violations, the school said on Wednesday. MIT is the latest top educational institution to … Continue reading MIT cuts ties with Chinese tech firms Huawei, ZTE
2,000-year-old Chinese silk gown replicated successfully
Beijing – After years of effort, craftspeople have made a replica of the world’s lightest silk dress – discovered in a tomb and more than 2,100 years old – and it will go on display in central China in place … Continue reading 2,000-year-old Chinese silk gown replicated successfully
Israel: Hi-Tech firms wary of Chinese investment
Tel Aviv – Growing security concerns regarding the rapid influx of Chinese investment in Israel’s hi-tech sphere, accelerated by warnings from the United States, have prompted some start-ups to reconsider whether to accept financial backing from the world’s most populous … Continue reading Israel: Hi-Tech firms wary of Chinese investment
No high-level U.S. officials at Silk road summit
Washington – The United States will not send high-level officials to attend China’s second Belt and Road summit in Beijing this month, a spokesperson for the U.S. State Department said on Tuesday, citing concerns about financing practices for the project. … Continue reading No high-level U.S. officials at Silk road summit