BIZ

Chinese tech firms show 5G muscle at MWC19 in Shanghai


As the US continues to step up its effort to contain China's technological rise, particularly in 5G, Chinese companies are poised to show off their capabilities and advanced products for the upcoming era of ultra-fast networks at one of the biggest telecom industry events in Asia in Shanghai.


L'Oréal China welcomes new CEO

Fabrice Megarbane, was appointed as the CEO of L'Oréal China on Monday and will be taking office on July 1. Meanwhile, Megarbane will become the member of the management committee of L'Oreal Group. Stephane Rinderknech, the current CEO of L'Oréal China, will move up to other key posts within the group.
Source: Global Times | 2019/6/26 13:03:40

Suspension of Canadian meat imports, China's 'legitimate' and 'legal' recourse: analysts

China suspending meat imports from Canada is in accordance with the law, which will exert significant pressure on the Trudeau government ahead of the G20 summit as the case of Huawei CFO Meng Wanzhou continues to casts shadow over the China-Canada ties, analysts said Wednesday.
Source: Global Times | 2019/6/26 11:23:03

Sci-tech innovation board latest milestone of China's capital market opening-up and reform: economist

The opening of the new sci-tech innovation board on China's premier stock exchange was the latest in a series of milestones in the opening up and reform of China's capital markets, a senior economist at a London-based economic think-tank told Xinhua in a recent interview.
Source: Xinhua | 2019/6/26 11:10:07

Huawei CFO's lawyers urge Canada to end extradition

The Canadian lawyers team for Huawei's Chief Financial Officer Meng Wanzhou have appealed to the Canadian government to end the extradition against her for its national interests.
Source: Xinhua | 2019/6/26 11:02:57

China's national crackdown on maritime pollution intensifies

China on Monday stepped up its efforts to crack down on activities that pollute the seas by dispatching on-site inspectors to four coastal cities, part of the country's broad effort to better protect the environment.
Source: Global Times | 2019/6/25 22:03:40

Whole-of-society effort drives technology development in China

China is pushing forward technological revolution at all levels, from government support and corporate participation to academic exchanges and conversations among ordinary people, underscoring an exceptional phenomenon where the entire country is immersed in technical breakthroughs amid a trade and technology war with the US.
Source: Global Times | 2019/6/25 21:53:40

Chinese applicants for Canada visas plummet amid diplomatic tensions

The number of Chinese citizens applying for tourist visas to Canada sank in the months after bilateral relations soured over Canada's arrest of an executive of Huawei, according to media reports and tourism insiders on Tuesday.
Source: Global Times | 2019/6/25 21:48:40

Chinese tech firms show 5G muscle at MWC19 in Shanghai

As the US continues to step up its effort to contain China's technological rise, particularly in 5G, Chinese companies are poised to show off their capabilities and advanced products for the upcoming era of ultra-fast networks at one of the biggest telecom industry events in Asia in Shanghai.
Source: Global Times | 2019/6/25 21:38:40

China vows to promote high-quality economic development to benefit world

Chinese Vice President Wang Qishan on Tuesday met with foreign delegates attending the 17th High-Level Meeting Beijing, saying China will promote high-quality economic development to benefit the world.
Source: Xinhua | 2019/6/25 20:45:14

Playing to win

Visitors play Go against machine opponents at the 16th China International Small and Medium Enterprises Fair in Guangzhou, South China's Guangdong Province on Monday. The fair, held from Monday to Thursday, showcases new technologies in fields including big data, industrial internet and smart manufacturing. Photo: VCG
Source: VCG | 2019/6/25 19:03:40

OYO Rooms going through massive downsizing after rapid expansion: reports

The China unit of Indian budget hotel operator OYO Rooms has reportedly to lay off nearly half of its frontline employees, and more than 1,000 jobs might be cut just from the business development team, according to media reports.
Source: Global Times | 2019/6/25 18:47:36

Japan needs China market: expert

Japan should build closer ties with China amid rising global protectionism and the country will find huge markets through cooperative projects with China in third markets under the framework of the Belt and Road Initiative (BRI), Eiichi Shindo, head of the Belt and Road Initiative Japan Research Center, told the Global Times.
Source: Global Times | 2019/6/25 18:28:40

Small US businesses disproportionately hurt by proposed China tariffs

The US administration's threat to impose an additional 25-percent of tariffs on 300 billion dollars' worth of Chinese products have drawn a strong backlash from small American businesses, which would find it more difficult to absorb extra costs and could face layoffs and even closures.
Source: Xinhua | 2019/6/25 17:40:02