China

  • Whatever the IMF thinks, we are a long way from the boom time of 2007 | Larry Elliott Christine Lagarde may be optimistic about the global economy but there are good reasons why the heady growth seen before the financial crisis won’t come back When the International Monetary Fund met for its spring meeting in Washington 10 years ago the global economy was booming. The world was experiencing the strongest period of sustained growth ...
  • Researchers claim China trying to hack South Korea missile defense efforts Deployment of THAAD upsets China, seen as espionage tool. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on ...
  • China summons Apple for talks following concern around live-streaming apps  Apple is coming under pressure from authorities in China after internet regulators asked the company to tighten standards for iOS apps in the country. A report from state news agency Xinhua said Apple had been summoned for questioning for allowing three streaming services — toutiao.com, huoshanzhibo.com and huajiao.com — to “violate four different regulations… Read More ...
  • Brexit’s unpredictable outcome poses risk to global stability, says IMF Organisation also says financial stability is threatened by US corporate debt, China’s credit bubble and weak EU banks The International Monetary Fund has warned that Brexit’s unpredictable outcome poses a risk to global financial stability at a time when it is already challenged by heavily-indebted US corporations, China’s credit bubble and weak European banks. Warning that banks ...
  • Xiaomi Unveils $360 Mi 6 Phone With Dual-Lens Camera, ‘Four-Sided 3D Glass’ Casing, No Headphone Jack Chinese mobile maker Xiaomi unveiled the Mi 6, its latest flagship smartphone, at a packed-out event in Beijing on Wednesday. The Mi 5’s successor features curved “four-sided 3D glass” and a front that isn’t bezel-free like the company’s Mi MIX, but the phone does boast a lot of tech for a device that starts at ...
  • Ivanka Trump’s Brand Flourishes as She Crafts a Career in the White House Her brand was awarded coveted Chinese trademarks as she dined with Xi Jinping Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new ...
  • Vancouver outreach ‘success stories’ suspect as Asian companies sputter or fall under scrutiny Critics say if the publicly funded HQ Vancouver is spending millions to woo Asian businesses to B.C., it needs to improve its due diligence Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter ...
  • Alibaba’s Ant Financial may have won the bidding war for MoneyGram after upping its offer to $1.2B  Ant Financial, the Alibaba affiliate company focused on financial services, appears to have finally won its battle with Euronet to acquire MoneyGram, the U.S.-based cross-border payments service, after it increased its bid to $1.2 billion. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Is this the beginning of the end for neoliberalism? | Letters Your editorial on the French elections (11 April), with its encouraging mention of the rise of the higher tax and spend candidate Jean-Luc Mélenchon, failed to mention possibly his biggest electoral draw: the fact that he is a leftwing protectionist. Prior to the 2012 election, polls showed that over 80% of French across the political ...
  • iOS Drops to Lowest Share of China Smartphone Market in Nearly Three Years Apple’s iOS has dropped to its lowest share of the smartphone market in urban China since July 2014, according to new data collected and shared by Kantar Worldpanel. Today’s report specifically details smartphone shares around the world for the three months ending in February 2017. In total, devices running iOS dropped 8.9 percentage points from ...
  • The surprising rise of China as IP powerhouse  Given China’s determination to advance its IP systems and stature, China may well eclipse U.S. and Europe as the global center for intellectual property in just a few decades. This radical paradigm shift should be of utmost importance to Silicon Valley, particularly companies whose models and profits are based on proprietary intellectual property. Read More Share ...
  • Trump is reckless – but he knows he can’t afford to antagonise China | Barry Eichengreen His comments during the campaign didn’t bolster high hopes, but his summit with Xi Jinping showed he needs China’s business Donald Trump’s comments about China during the US presidential campaign didn’t exactly bolster high hopes for Sino-American relations once he was elected. Trump denounced China for “taking our jobs” and “ hundreds of billions of dollars ...
  • DeepMind’s AlphaGo takes on world’s top Go player in China At same event, multiple human players will team up to try and beat a single AI. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ ...
  • Volkswagen doubles down on China with $180M investment in smart technology for cars  Volkswagen is doubling down on China and AI in one fell swoop after the automaker announced a $180 million investment in Chinese startup Mobvoi to bring smart technology into its cars. Unlike a regular capital raise, VW’s money is going into a joint-venture that will “develop and apply AI technologies to automotive industry” rather than Mobvoi itself, the ...
  • Markets slide after Federal Reserve surprise and ahead of Trump China meeting – business live Investors nervous as US central bank says it will reduce balance sheet size and as president meets Xi Jinping 8.10am BST The weakness on Wall Street and in Asia has carried over to Europe, as uncertainty over the Federal Reserve’s plans and the Trump/Xi meeting unsettle investors. The FTSE 100 is down nearly 60 points or 0.8% ...
  • Will populist leaders stifle the global recovery – or vice versa? Politicians such as Donald Trump, Marine Le Pen and Beppe Grillo are wildcards that could kill off gathering growth After nine dreary years of downgrading their GDP forecasts, macroeconomic policymakers around the world are shaking their heads in disbelief: despite a populist-propelled wave of political tumult, global growth is actually set to outperform expectations in 2017. It’s ...
  • The Price of Ivory in China Plunged 65 Percent in the Last Three Years China’s domestic ban on ivory goes into effect Friday Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on ...
  • Google makes its Translate mobile apps available for users in China  Google has reintroduced its Translate mobile apps to China, where they can now be accessed and used without the need for software to bypass local censorship. The U.S. tech giant left China more than seven years ago when it redirected its local search engine to Hong Kong and many of its services are censored in the country. Today’s low-key ...
  • Chinese internet giant Tencent buys 5% of Tesla  Tencent, Asia’s second highest valued tech firm, has bought a five percent share in Tesla. According to a filing, the Chinese firm scooped up 8,167,544 shares for around $1.7 billion to become one of Tesla’s largest shareholders. The news itself sent Tesla’s share price up three percent in pre-market trading. The purchase was arranged on March 17, ...
  • Didi Chuxing is reportedly considering a $6 billion investment backed by SoftBank Group  Didi Chuxing, the largest ride sharing app in China, is deliberating a proposed $6 billion investment backed by SoftBank Group, according to a report in Bloomberg. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • A win for Apple in Beijing as court overturns iPhone patent ruling  Apple has bigger fish frying in the world of intellectual property. But it must be a relief that an IP court in Beijing has handed the smartphone pioneers a win. On Friday, the courts overturned a May 2016 ruling that said Apple had violated desi… Share this:Click to email this to a friend (Opens in new ...
  • Chinese Court Overturns iPhone 6 Patent Ruling in Apple’s Favor A Beijing court has overturned a 2016 ruling that Apple’s iPhone 6 violated a Chinese manufacturer’s patent, which saw intellectual property regulators attempt to bar sale of the phone in the country (via South China Morning Post). Last June we reported that ailing company Shenzhen Baili filed a lawsuit against Apple claiming that the iPhone ...
  • ‘We are coming out of the bottom of the cycle’: Miners regain mojo to spark $24 billion in exploration hunt Exploration budgets are rising after they plunged to an 11-year low of about C$13.3 billion last year Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on ...
  • Tim Cook Hails China Investment, Says Apple ‘Here to Stay’ Apple CEO Tim Cook sat down for an interview with Chinese media outlet Caixin on Tuesday, in which he emphasized Apple’s ambitions in China and its long-term commitment to investment there. Despite Apple’s need to see off competition in the country from the likes of Chinese mobile makers Oppo and Huawei, Cook took pains to explain ...
  • Tim Cook Confirms Apple Will Make Global Fund Donations From Sales of Red iPhone 7 in China With the news earlier today that Apple has ditched the PRODUCT(RED) branding for the red iPhone 7 and 7 Plus in China, MacRumors reached out to CEO Tim Cook to find out if any of the proceeds on sales in the country would still be donated to charity in the fight against HIV/AIDS. MacRumors’ question: We ...
  • Tencent posts $21.9 billion in annual revenue, its highest growth since 2012  Tencent may be more than a decade old but the Chinese internet giant continues to grow at pace after it posted its most significant jump in annual revenue for four years. The firm, best known for China’s dominant messaging app WeChat, announced total revenue of RMB 151.9 billion ($21.9 billion) for its fiscal 2016. That’s up 48 percent ...
  • Airbnb is doubling down on China  Uber may have become the latest in a long line of Western tech firms to have failed in China, but fellow gig economy darling Airbnb is determined to succeed in the Middle Kingdom. Today, the company announced a new brand for its China-based busin… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Red Flag Windows: Microsoft modifies Windows OS for Chinese government Chinese government blocked Microsoft product purchases after NSA leaks. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to share on ...
  • Tim Cook Visits Beijing-Based Bike Sharing Startup, Ofo Tim Cook visited Beijing-based bike-sharing company ofo on Tuesday, according to Reuters. The Apple CEO has been in China since at least Saturday, when he gave a wide-ranging talk at the China Development Forum. During his ofo stop, Cook met with founding members including CEO Dai Wei, and posed for pictures of him riding a yellow ...
  • Apple CEO Tim Cook Touts Benefits of Globalization in China Speech Apple CEO Tim Cook gave a talk on Saturday to attendees of the China Development Forum 2017, where he offered commentary on a range of issues including globalization, economics, and data privacy. The annual forum is a high-profile conference in which senior Chinese government officials, global corporation leaders, institutions, and scholars gather to discuss major issues ...
  • Crunch Report | Walmart Acquires Modcloth Apple investing $500 Million into R&D Centers in China, Walmart acquires Modcloth, and John Mannes reports to us about his trip at South by Southwest. All this on Crunch Report. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Apple plans to invest $500 million for new research centers in China  Apple is trying to tap into local talent by building new research centers around the world. As spotted by MacRumors, the company just announced on its Chinese website that it is going to build two new R&D centers in Shanghai and Suzhou. This is going to be a significant investment as Apple plans to spend ...
  • Apple to Build Two Additional R&D Centers in China Apple announced today that it will set up two additional research and development centers in China, to go with the two locations in the country that it announced last year. The new R&D centers will open in Shanghai and Suzhou, the company said in a statement on its Chinese website on Friday. Apple hopes the ...
  • Pinterest is now blocked in China  China has blocked one of the few Western social media sites that had remained accessible to its population: Pinterest. The site has followed the example of Facebook, Twitter and many others after the photo sharing site was blocked in China, according to data from censorship monitoring organization GreatFire. GreatFire checks a range of the internet’s top websites for ...
  • Alibaba invests in WayRay, a maker of augmented-reality dashboards for smart cars  After launching its first car last year, Alibaba is digging deeper into the automobile industry. The Chinese Internet and e-commerce behemoth is the lead investor in smart car tech developer WayRay’s $18 million Series B round, the startup announced. Read More Share this:Click to email this to a friend (Opens in ...
  • Alibaba invests in WayRay, a maker of augmented-reality dashboards for smart cars  After launching its first car last year, Alibaba is digging deeper into the automobile industry. The Chinese Internet and e-commerce behemoth is the lead investor in smart car tech developer WayRay’s $18 million Series B round, the startup announced. Read More Share this:Click to email this to a friend (Opens in ...
  • Marks and Spencer makes swift exit from Chinese market after population collectively asks ‘what’s a Marks and Spencer?’ ‘The problem is not just that they know little about China, but that they never bothered to learn’ Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share ...
  • China Says It Followed the Law in Approving 38 Trump Trademarks In ‘Unusually Quick’ Fashion Critics fear foreign governments might gain leverage from Trump’s global portfolio of brands Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new ...
  • GM sells its uprofitable European brands to France’s Peugeot ‘This was a difficult decision for General Motors but we are united in belief that it is the right one’ Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click ...
  • 5 things to know about the Chinese economy as its ceremonial congress meets The meeting of the 3,000-plus members of the National People’s Congress does little lawmaking Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in ...
  • China’s economic concerns mount as thousands gather for congress Premier Li Keqiang will deliver his annual report against the backdrop of a falling currency and an ever-growing housing and debt bubble China’s rubber-stamp legislature convenes this weekend with the script focused on containing economic risks while president Xi Jinping consolidates power ahead of a pivotal Communist party meeting later this year. The gathering of 3,000 delegates ...
  • China’s taxi on-demand war reignited: Didi rival UCAR is raising $1 billion  Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Didi Chuxing’s deal to acquire Uber China seemingly left the Chinese ride-hailing giant as the last man standing and therefore sole winner of China’s vast ride-sharing market. However, Didi’s success has also served to open new opportunities for other… Read More Share this:Click to email ...
  • Nearly one year after launch, Apple Pay finds limited traction in China  Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. After a slow start, Apple Pay is now dominating its home country, the United States, but the same can’t be said of China where it is up against a different set of challenges. Data from Boston Retail Partners shows ...
  • China’s newest source of on-demand hype, rental bicycles, gets its first unicorn  There can be no hype without a unicorn. China’s newest startup money pit — bicycle rentals on-demand — now has its first billion-dollar valued company. The industry has sucked in more than $300 million from investors this year alone — that’s counting just one company — and now Ofo has become the first in the space to reach the ...
  • Manulife stands to benefit from foreign ownership relaxation in China: CEO ‘We would love to be able to buy it if and when — and only if and when — our partners want to sell it’ Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on ...
  • Ambitious Alibaba takes aim at the kings of cloud computing  When you think of the biggest cloud players in the world, one company you might not consider is Alibaba, the Chinese e-commerce giant that held a record $25 billion U.S. IPO in 2014. Alibaba entered the cloud computing business in 2009, just three years after Amazon launched its cloud division, AWS — and Alibaba’s cloud computing ...
  • Jolla inks exclusive license to kick-start its Android alternative in China  Mobile OS maker Jolla, whose Sailfish platform remains one of the few smartphone alternatives in play these days, has signed an exclusive license to a Chinese consortium to develop a Sailfish-based OS for the country. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • China Mobile to Begin Large-Scale 5G Testing This Year Qualcomm, ZTE, and China Mobile have announced plans to start interoperability testing and outdoor trials for the new 5G radio specifications being developed by the 3GPP group (via DigiTimes). The interoperability testing and trials will launch in China starting in the second half of 2017, with the goal of the trials being to showcase how 5G ...
  • 500 Startups reboots its efforts in China, but there’s no dedicated fund  500 Startups is rebooting its efforts in Greater China after it hired a new head of business for the region, which covers mainland China, Hong Kong and Taiwan. Edith Yeung, a former executive with browser firm Dolphin Mobile, is taking up the reins. The VC firm had been without a recognized setup in China for ...
  • Baidu’s iQiyi video service raises $1.53 billion Baidu is charging up its video content push after iQiyi, its YouTube-style service in China, raised $1.53 billion from the sale of convertible notes to investors. The deal appears to end speculation that the firm was mulling an IPO. iQiyi, which had on offer to go independent fall through last year, raised the capital from a number of top-name ...
  • Facebook on course to be the WeChat of the West, says Gartner  It’s the beginning of the end for smartphone apps as we have known and tapped on them, reckons Gartner. The analyst is calling the start of a “post-apps” era, based on changes in consumer interactions that appear driven, in large part, by the rise of dominant messaging platforms designed to consume more and more of ...
  • Chinese solar exports fall in 2016 with global anti-dumping measures Besides trade issues, manufacturers have also been opening Southeast Asian factories. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to ...
  • Temasek jumps into China’s bike rental startup war with investment in MoBike  Temasek, Singapore’s state-owned investment firm, has jumped into China’s on-demand cycle war after it backed MoBike. China’s ride-sharing war is last year’s news. The big battle between Uber and Didi Chuxing is essentially over after the latter agreed to buy the former’s China-based business. The new startup drama du jour is in bikes — services that let… Read ...
  • Apple Loses Fourth Place to Xiaomi in Booming China Smartphone Market Apple has fallen to fifth place in China’s booming smartphone market, where combined sales reached 131.6 million units in the fourth quarter of 2016, accounting for nearly a third of worldwide shipments. The Q4 figure confirmed the highest ever annual … Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • How Xi Jinping’s global ambitions could thrive as Trump turns inward As Donald Trump steers the US towards isolationism and protectionism, China’s leader is casting himself as a champion of internationalism and free trade. But are Xi’s values really compatible with those of the rest of the world? Some call it Xi Jinping’s Big White Book; a 515-page, 2.5kg tome in which China’s paramount leader lays out ...
  • Why Donald Trump can’t bully China on trade Beijing holds trillions of dollars in US debt and any trade disruption could lead to huge price rises in the budget stores on which many Americans rely As US President Donald Trump proceeds to destabilise the postwar global economic order, much of the world is collectively holding its breath. Commentators search for words to describe his ...
  • ‘UK could be fastest-growing G7 economy if it gets trade deals right’ PwC predicts UK will be hit in short term by Brexit, but will outperform US, Canada, France, Germany, Italy and Japan by 2050 The UK could shake off the near-term impact of Brexit to become the fastest-growing economy in the G7 group of rich countries between now and 2050, according to a report that paints a ...
  • Fintech is stimulating Chinese consumption and capital flow  Fintech is rapidly being adopted in China and is spurring consumption, both domestically in China and internationally. I interviewed the CEOs of three companies in China that are using fintech to boost purchases, ranging from daily necessities to… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Apple and iPhone 7 Continue to Be Outpaced by Lower-Cost Smartphone Brands in China Apple remained the fourth largest smartphone vendor in China in 2016, beaten out by Oppo, Huawei, and Vivo in first, second, and third places, respectively, according to new data from research firm IDC. As a whole, IDC said it was a good year for the s… Share this:Click to email this to a friend (Opens in ...
  • Apple and iPhone 7 Continue to Be Outpaced by Lower-Cost Smartphone Brands in China Apple remained the fourth largest smartphone vendor in China in 2016, beaten out by Oppo, Huawei, and Vivo in first, second, and third places, respectively, according to new data from research firm IDC. As a whole, IDC said it was a good year for the s… Share this:Click to email this to a friend (Opens in ...
  • Oppo topped China’s smartphone market in 2016, as Apple recorded first annual decline  Oppo is not a name that is anything like as familiar as Apple, Xiaomi or Huawei worldwide, but there’s further proof that it is most definitely one to watch, according the findings of a new report. That’s because the little-known phone-maker scooped the top spot for smartphone sales in China last year, for the first time, fractionally beating out its ...
  • Snap sees risks in Brexit, hacking and China’s Great Firewall  Snapchat, which filed for its initial public offering today, sees potential risks to its business in cybersecurity and international regulation, particularly in China and the European Union. Security breaches — and the privacy concerns that follow — have already caused problems for Snapchat, according to its filing. The document refers to a CEO impersonation scam that ...
  • Markets rally after solid manufacturing data – business live All the day’s economic and financial news, including new factory reports from Asia, Europe and the US 7.42am GMT Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. It’s a new month, which means a flood of economic surveys showing how the world’s factories performed in January. In ...
  • Volkswagen takes global sales crown from Toyota on back of China sales less affected by diesel-cheating scandal Volkswagen sold a record 10.3 million vehicles in 2016, outpacing its rival with a 3.8 percent gain from a year earlier Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • This startup wants to make China’s electric scooters as desirable as iPhones  China is a big country with big cities and big roads. Imagine what it must feel like to know that the closest subway station or bus stop is 20-30 minutes away. Imagine getting in your car at 2 pm on a Thursday thinking that the traffic should be okay only to find that traffic definitely ...
  • The E.U. Has Asked China to Open Its Markets and Make Good on Pro-Trade Rhetoric The call follows Chinese leader Xi Jinping’s implicit criticism of Trumpian protectionism at the recent World Economic Forum Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share ...
  • Apple sues Qualcomm in China, expanding fight over patent licensing Qualcomm is under legal attack, now in two of the world’s biggest markets. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new ...
  • Britain accused of letting down Hong Kong democracy activists Chris Patten says Britain has prioritised trade deals with China over defending freedoms guaranteed in 1997 handover The UK is guilty of a dereliction of its duty to Hong Kong and is “selling its honour” to secure trade deals with China, the territory’s former governor Chris Patten has warned. He said Britain had let down pro-democracy activists ...
  • Alibaba’s local commerce platform, Koubei, raises $1.1 billion  Alibaba just reported a very impressive quarter of business, but there was a small nugget of notable funding news tucked away in its announcement. Koubei, an Alibaba affiliate company focused on enabling local commerce, closed a $1.1 billion financing round this month. The funding was led by Silver Lake, CDH Investments, Yunfeng Capital and Primavera Capital, Alibaba ...
  • China announces mass shutdown of VPNs that bypass Great Firewall China says all VPN providers must get permission from government to operate. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click ...
  • Hugo Barra Leaving Xiaomi and Returning to Silicon Valley Next Month Xiaomi vice president Hugo Barra today announced that he will be leaving the Chinese smartphone maker next month. The former senior Android executive at Google said he will be returning to Silicon Valley in February after the Chinese New Year to reunite with friends and family. He described moving to Beijing, some “6,500 miles out of ...
  • Chinese bike-sharing startup Mobike snags strategic investment from Foxconn  Just weeks after landing a $215 million Series D funding round, Chinese bike-sharing service Mobike has scooped up a strategic investor from prolific manufacturing firm Foxconn. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click ...
  • Half of China’s population now uses the internet on a mobile device  The growth of smartphone sales may be declining, but the reach of mobile internet in China has now reached the notable threshold of 50 percent for the first time. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens ...
  • Crunch Report | Apple Suing Qualcomm for $1 Billion Apple is suing Qualcomm for $1 billion, the hit app Meitu may be collecting too much data, Whitehouse.gov removes LGBT, climate change and more and Kristen Stewart appeared as a co-author on an AI paper. All this on Crunch Report. Read More Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Chinese growth slips to slowest pace for 26 years With fears about the Trump presidency, rising debt levels and an unwinding property boom, the world’s No 2 economy is set for an uncertain 2017 China’s economy slowed further last year to expand at its weakest pace for quarter of a century, with warnings that it risks losing further momentum in 2017 as Donald Trump’s presidency ...