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
Samsung: Phone water resistance questioned
Canberra – The ACCC has instituted proceedings in the Federal Court against Samsung Electronics Australia Pty Ltd (Samsung) alleging it made false, misleading and deceptive representations in advertising the water resistance of various ‘Galaxy’ branded mobile phones. Since around February … Continue reading Samsung: Phone water resistance questioned
Shell enters Japan’s renewable energy market
Tokyo — Royal Dutch Shell has begun selling electricity procured from the wholesale market to businesses in Japan and is considering residential sales in the future. The oil and gas company is looking into potential options in renewable energy. … Continue reading Shell enters Japan’s renewable energy market
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
EVA Air strike with hundreds of flights cancelled
Taipeh – The strike by Taiwan’s EVA Air cabin crew is set to continue, with 550 more flights cancelled through to mid-July after negotiations on work conditions and wages broke down this week. Flight attendants at the airline have been … Continue reading EVA Air strike with hundreds of flights cancelled
Indonesia: President vows to invest in tech skills
Jakarta — Indonesian President Joko Widodo appeared at ease as he rode Jakarta’s new MRT alongside the Japanese ambassador on June 25, stopping to pose for selfies with passengers. Riding the MRT has become a signature publicity stunt for “Jokowi,” … Continue reading Indonesia: President vows to invest in tech skills
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”