BIZ

Foreign sanctions against Chinese tech firms won't inhibit China's progress: experts


Sanction measures against China's high-tech firms by some foreign countries won't prevent China from developing its technology sectors, experts said on Sunday.


Boeing signs deal with British company to recycle aerospace waste materials

US aerospace giant Boeing Company (Boeing) Wednesday signed a five-year agreement with Britain-based ELG Carbon Fibre (ELG) to recycle aerospace waste materials from Boeing factories in the United States.
Source: Xinhua | 2018/12/6 10:03:05

Tokyo stocks open lower as European shares slide over concerns for US economic outlook

Tokyo stocks opened lower Thursday as investor sentiment was dampened by European shares retreating overnight as global bourses react to concerns over the future course of the US economy.
Source: Xinhua | 2018/12/6 10:01:47

Huawei believes no wrongdoings from arrested CFO

Chinese Huawei Technologies said on Thursday morning that it believed that the company's chief financial officer (CFO) Meng Wanzhou committed no wrongdoings, and it believes that the legal systems of Canada and the US will give a fair conclusion.
Source: Global Times | 2018/12/6 9:22:35

Chinese firms to push forward localization efforts in Kenya: Chinese envoy

Chinese firms in Kenya will continue with their localization drive by creating more job opportunities for locals, a Chinese envoy said on Tuesday.
Source: Xinhua | 2018/12/6 9:12:14

China to implement new set of policies to boost innovation

The Chinese government on Wednesday decided to implement a new set of reform policies and measures to boost innovation and creativity, according to a statement released after a State Council executive meeting presided over by Premier Li Keqiang.
Source: Xinhua | 2018/12/6 1:47:31

US urged to respect industrial upgrade strategy as China moves to reduce trade frictions

As Chinese government agencies signed a memorandum of cooperation to strengthen protection of intellectual property, China immediately began to implement the consensus reached by Chinese and US leaders in Argentina to prevent escalating trade frictions.
Source: Global Times | 2018/12/5 23:53:40

China 'shows sincerity' in resolving trade war by strengthening patent protection: experts

The State Council, China's cabinet, unveiled a list of measures to boost innovation at a regular meeting held on Wednesday. The meeting also passed a draft amendment to the Patent Law to protect intellectual property rights (IPR) and effectively combat infringement.
Source: Global Times | 2018/12/5 23:16:22

China to release new negative list for investment: sources

China's soon-to-be-released national market-entry negative list will further ease concerns among China's investment partners as the new list will provide more transparency and predictability for market practices in China, experts said on Wednesday.
Source: Global Times | 2018/12/5 23:03:40

Qualcomm's 5G plan reflects heavy reliance on China

US-based technology company Qualcomm's 5G strategy reflects its heavy dependence on the Chinese market, as global suppliers of telecoms equipments need to work closely when next-generation wireless technology comes into reality starting in 2019, experts said on Wednesday.
Source: Global Times | 2018/12/5 22:38:40

Retreat by Macy's from Chinese market shows localization woes

International retailers should localize their operating models and adapt to local conditions and demand, instead of just doing what they've done for years back home, if they want to succeed in the Chinese market, analysts said.
Source: Global Times | 2018/12/5 22:33:03

Darwin, Guangzhou sign agreement to expand ties

The council of Darwin, capital of Australia's Northern Territory (NT), has signed an agreement to build a stronger relationship with Yuexiu District in the city of Guangzhou, capital of South China's Guangdong province.
Source: Xinhua | 2018/12/5 22:23:48

SoftBank's Vision Fund to set up office in Shanghai

The SoftBank-led Vision Fund is hiring a team to be based in China as the $100 billion investment giant expands in one of the world's most vibrant technology markets, two people with direct knowledge of the move told Reuters.
Source: Reuters | 2018/12/5 22:23:48

Chinese, Italian firms sign deals at Milan innovation week

Chinese and Italian firms on Tuesday signed 19 cooperation agreements covering research and economic issues during the opening day of the 9th China-Italy Science, Technology, and Innovation Week.
Source: Xinhua | 2018/12/5 22:23:48