The bipartisan legislation essentially boils down to Senator Tom Cotton’s notion that “American companies shouldn’t be in the business of selling our enemies the tools they’ll use to spy on Americans”. In a significant development, members of the U.S. Senate… Read More ›
Faced with sluggish iphones sales in China, Apple is now trying to replicate the success it met in Bengaluru, India, with China. Cupertino aims to start training Chinese developers to create apps in order to build its services business in… Read More ›
In China, Walmart will be in a tough environment and will be competing with the likes of Alibaba Group Holding Ltd and Tencent Holdings Ltd who have cut deals to combine online and high street shopping. In a significant development,… Read More ›
The steady stream of wealth that is being moved out of Hong Kong to Singapore is due to China’s aggressive posturing on the former British isle. According to sources familiar with the matter at hands, many foreign wealth managers are… Read More ›
Dajia Insurance Group has a registered capital of $2.97 billion. According to a Chinese government document, Beijing has formed a new company called Dajia Insurance Group in order to take over the assets of Anbang Insurance Group. According to a… Read More ›
The bicycle industry has been identified as a key industry in China’s current five-year plan and its Made in China 2025 initiative. Thus it is very likely that the state-backed producers would return to selling them at high volumes and… Read More ›
Pruning the sully of rare earth to the United States is China’s only weapon against the United States in the ongoing U.S.-China trade war. In a significant development that marks a strategic shift in the sourcing of rate earth minerals,… Read More ›
Things are likely to escalate before they cool down. In a note, economists at Goldman Sachs stated, they see a 60% chance that the United States would slap further tariffs on the final $300 billion of Chinese imports. This is… Read More ›
The disclosure was made by Hengtong Optic-Electric Co Ltd in a filing to the Shanghai Stock Exchange. On Monday, a filing by China’s Hengtong Optic-Electric Co Ltd, an optical communication network products company based in Jiangsu, showed that Huawei Technologies… Read More ›
The lawsuit is the first to be heard under the U.S. Defend Trade Secrets Act of 2016; as per Matthew Goss, general counsel for CNEX, Huawei is “weaponizing our courts against U.S. companies.” On Monday, in a lawsuit that is… Read More ›
