BUSINESS >> Companies

Huawei urges US to 'correct its mistakes'

"Time's glory is to unmask falsehood, and bring truth to light." This famous quote from William Shakespeare was cited by Vincent Pang, senior vice president of Huawei and head of corporate communications, on Wednesday in describing the current global obstacles following bullying and extreme pressure from the US.
Source: Global Times | 2019/5/29 23:08:41

Huawei moves forward with proprietary OS

Huawei Technologies Co appears to be moving ahead with a proprietary operating system (OS) for mobiles phones and computers, as the Chinese telecom giant filed trademarks in the EU for its OS, following what could be a crippling ban from the US government.
Source: Global Times | 2019/5/29 21:51:57

Tesla kicks off marketing drive for made-in-China Model 3, estimated to sell at $43,400, above

The long-awaited made-in-China Tesla Model 3 will be available for orders on Friday, Tesla announced on its official WeChat account on Wednesday.
Source: Global Times | 2019/5/29 20:48:40

Kweichow Moutai Group takes optimistic view, sets sales target of $14.5b for 2019

Kweichow Moutai Group, parent company of Shanghai-listed distiller Kweichow Moutai Co, has set its 2019 sales target at 100 billion yuan ($14.47 billion), its chairman told an annual shareholders' meeting Wednesday in Southwest China's Guizhou Province. Analysts said that the company's products will remain in short supply and the prices will stay high.
Source: Global Times | 2019/5/29 20:43:42

Qualcomm requests US court to suspend enforcement of anti-trust ruling

US leading chipmaker Qualcomm Incorporated on Tuesday asked a US federal judge to put on hold an anti-trust decision against it while the company is appealing the ruling.
Source: Xinhua | 2019/5/29 18:31:33

Shares of rare earth stocks surge after China indicates it may use them against US

Shares of China's rare earth-related firms rallied significantly on Wednesday after China indicated that it may use the minerals as powerful weapons against the US amid an escalating trade war between the world's two largest economies.
Source: Global Times | 2019/5/29 15:39:08

China's courier companies establish "Green Delivery Day"

China's leading courier companies established "Green Delivery Day" on Tuesday, in a bid to reduce pollution caused by the logistics industry.
Source: Xinhua | 2019/5/29 11:14:17

Huawei urges Washington to correct mistakes, files motion to hasten process

Chinese telecom giant Huawei filed a motion for summary judgment as part of a process to challenge the constitutionality of the 2019 National Defense Authorization Act, as parts of its continuing efforts to challenge the US government for unfair treatment and speed up the process.
Source: | 2019/5/29 10:34:25

FedEx apology fails to impress internet users

Huawei is reviewing its partnership with FedEx after the Chinese tech company found two parcels destined for Asia were diverted to the US under suspicious circumstances.
Source: Global Times | 2019/5/28 23:36:27

'American Trap' offers trade-war lessons

Le Piège Américain, or The American Trap, a book on an American takeover of a French power company in 2015, has become a hit with Chinese business owners since it was spotted on the desk of Huawei founder and CEO Ren Zhengfei, and it has been hailed as a must-read for business leaders who want to expand globally.
Source: Global Times | 2019/5/28 21:38:40

Qualcomm teams up with China's Lenovo to unveil first 5G PC

US leading chipmaker Qualcomm Technologies, Inc. said Monday that it is partnering with China's tech giant Lenovo Group Ltd. to launch the world's first Snapdragon-powered 5G PC for world consumers.
Source: Xinhua | 2019/5/28 17:57:26

Tariff impact under control

Tariff hikes by the US will result in an increase of some operation costs, lower competitiveness and fewer orders for businesses, but their impact on China's manufacturing sector is generally controllable, a senior official told Xinhua in an interview.
Source: Xinhua-Global Times | 2019/5/28 17:18:41

Tai chi, Yoga deepen China-India friendship

Before Yu Songsong started to learn yoga, he knew little about India, where the practice originated.
Source: Xinhua-Global Times | 2019/5/28 17:18:40

China's new data rules could target US companies like Google, Microsoft amid Huawei spat: analysts

China is planning to further tighten regulations on internet data storage, banning the transfer of data on domestic users and asking both domestic and foreign companies to provide data to regulators for national security considerations, according to new draft rule released on Tuesday.
Source: Global Times | 2019/5/28 16:49:37

Huawei, Tencent team up for partnership in streaming services

Chinese tech giants Huawei and Tencent have inked an agreement to seek deep cooperation on streaming service during the ongoing 7th China Internet Audio & Video Convention held in Chengdu, capital of southwestern Sichuan Province.
Source: Xinhua | 2019/5/28 16:02:40

Chinese lawmakers call for strengthened SME promotion

Senior Chinese legislators Monday called for greater efforts to strengthen the work on promoting small and medium-sized enterprises (SMEs) and better implement national strategies to promote SMEs.
Source: Xinhua | 2019/5/28 2:58:23

EQ training gains popularity among Chinese parents to develop kids' social skills

Chinese parents are sending their children to training institutions to develop social skills and leadership skills from as early as three years old, as more EQ training institutions are opening up in big cities in China.
Source: Global Times | 2019/5/27 21:58:41

Tech war exposes urgent need for talent

The escalating China-US trade war, which has become a new cold war in technology, has made attracting talent an urgent task.
Source: Global Times | 2019/5/27 21:43:40