China’s rising tech scene threatens U.S. brain drain
Shenzhen – Between baskets filled with hard drives, memory sticks, LED lights and countless other bits of technology hardware, Jason Gui found what he was looking for: a handful of tiny batteries. His business partner, Tiantian Zhang, whipped out her … Continue reading China’s rising tech scene threatens U.S. brain drain
China: Xi urges Trump to ease North Korea sanctions
Beijing/Washington – Chinese President Xi Jinping urged U.S. President Donald Trump last month to show flexibility in dealings with North Korea and ease sanctions on the country “in due course,” China’s Foreign Ministry said on Friday. A senior U.S. official … Continue reading China: Xi urges Trump to ease North Korea sanctions
China’s producer prices stall, fuel deflation worries
Beijing – China’s producer prices flatlined in June on lower oil prices and weak global demand, fuelling concerns that a slowdown in manufacturing from a bruising trade war will further drag on growth in the world’s second-biggest economy. The producer … Continue reading China’s producer prices stall, fuel deflation worries
Japan: Fuel-cell technology for Chinese automakers
Beijing – Toyota Motor Corp will supply key hydrogen fuel-cell parts to Chinese automakers FAW and Higer Bus, as the Japanese automaker tries to promote the technology it continues to view as superior to rapidly spreading battery-powered vehicles. Toyota is … Continue reading Japan: Fuel-cell technology for Chinese automakers
China, Bulgaria lift ties to strategic partnership
Beijing – Chinese President Xi Jinping on Wednesday held talks with Bulgarian President Rumen Radev in the Great Hall of the People in Beijing. At the conference both sides decided to lift state-to-state ties to a strategic partnership. Bulgaria was … Continue reading China, Bulgaria lift ties to strategic partnership
China opens industries to foreign investment
Beijing – China’s state planning agency on Sunday said it had cut the number of sectors subject to foreign investment restrictions, as Beijing moved to fulfil its promise to open major industries. The loosening in curbs, though widely anticipated, comes … Continue reading China opens industries to foreign investment
Trade war wake-up call for Chinese companies
Dalian – China’s economy is faring relatively well despite the difficulties brought by the China-US trade war, executives and experts said at the ongoing Summer Davos 2019 in Dalian, Northeast China’s Liaoning Province on Monday. One outcome of the trade war could … Continue reading Trade war wake-up call for Chinese companies
G20: “China contributes to global governance”
Osaka – China has contributed to global governance at the 14th Group of 20 (G20) summit in Osaka, Japan, said Wang Xiaolong, the Chinese Foreign Ministry’s special envoy for G20 affairs on Saturday. Speaking at a press briefing at the … Continue reading G20: “China contributes to global governance”
Beijing: New int’l airport completes construction
Beijing — Construction of the Beijing Daxing International Airport was completed as scheduled on Sunday, and preparations have started for the operation of what is expected to be one of the world’s busiest air traffic hubs. In the first half … Continue reading Beijing: New int’l airport completes construction
NIO: Battery fires lead to recall of nearly 5,000 EVs
Shanghai – The founder and chief executive of Nio has apologized in an open letter after the Chinese electric car start-up had to recall around 5,000 vehicles after battery fires sparked safety concerns. The New York-listed company will speed up … Continue reading NIO: Battery fires lead to recall of nearly 5,000 EVs