Just as Las Vegas Sands has brought France’s Eiffel tower to Macau, it now plans on building a London-themed attraction in Macau as well. Las Vegas Sands, owned by U.S. billionaire Sheldon Adelson, stated that it plans on spending $1.1… Read More ›
Chinese
The finer points of the Bombardier Airbus deal
Ever wondered why suddenly the Canadian government selected Airbus when it was actively courting greater economic ties with China following Trump’s threat of tearing apart and renegotiating NAFTA agreement? This makes an interesting read. According to five sources familiar with… Read More ›
Airbus-Bombardier deal likely to jumpstart CSeries jet sales in Asia: analysts
On Tuesday, industry analysts have opined that with Airbus SE deciding to have a majority stale in Bombardier Inc’s CSeries jet program, the sale of its aircrafts in the booming Asian market could skyrocket. As part of the the Airbus-Bombardier… Read More ›
Chinese exports of aluminum foil feel the pinch following U.S. trade action
China has countered the U.S. trade move by saying they are not in synch with existing WTO rules. On Thursday, Gao Feng, the spokesperson from China Ministry of Commerce, stated that the trade rules created by the European Union against… Read More ›
French industrial giant Alstom SA agrees to merge with German engineering giant Siemens AG
The industrial giants have agreed to stand shoulder to shoulder to withstand the assault of China state-owned railways – CRRC Corp Ltd. In a significant development, French industrial group Alstom SA has agreed to merge its railways business with its… Read More ›
Chinese logistics and delivery firm Best slashes IPO expectations, raises $450 million
With lackluster performance of shares post IPO, offerings from Chinese firms have investors on their guard. With tepid investor demand, Chinese logistics firm, Best Inc, priced its U.S. initial public offering (IPO) at the bottom of expectations and in the… Read More ›
North Korea’s ICBM flies over Japan and lands far out into the Pacific ocean
With this latest launch North Korea has demonstrated it has hydrogen bomb making capabilities as well as the vehicle to deliver them to its enemies. Since its every launch create a rumble in markets worldwide, are these provocations created for… Read More ›
Chinese state backed China Unicom reports misleading fund raising figure, opens Pandoras Box
Although the misrepresentation has been quickly dismissed by China Unicom Hong Kong Ltd as a technical issue, the fact that China Unicom has the full support and backing of the Chinese state, it puts into doubt the veracity of the… Read More ›
North Korea will gain Guam strike capability in mid-August
With North Korea’s state media revealing details of the strike capability, it would appear that the China-backed regime is baiting the Donald Trump. North Korea’s state media has disclosed that it will be in a position to launch four intermediate… Read More ›
China’s HNA Group fails to pass CFIUS scrutiny, abandons bid to buy majority stake in SkyBridge Capital LLC
While earlier American companies faced network security incidents from Chinese infosec professionals who stole huge quantities of U.S. consumer data which led to a U.S-China agreement to not attack each other corporate networks, access to the all-important consumer data is… Read More ›
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