Skycom Tech, the Hong Kong company at the centre of Huawei Technologies’ alleged violation of US sanctions on Iran, shared the same email domain as the Chinese telecoms equipment giant, public records show. The contact email address listed for Skycom’s website, Skycom.com.hk, is domain@huawei.com, the same domain as Huawei’s official website, according to records available […] Read more
The much bigger threat to U.S. economic primacy. Photographer: Wang Zhao/AFP/Getty Images By Noah Smith If you only scan the headlines, you could be forgiven for thinking that the U.S.-China trade war is mainly about tariffs. After all, the president and trade-warrior-in-chief has called himself “Tariff Man.” And the tentative trade deal between U.S. President Donald Trump and Chinese President […] Read more
A supplier of fake beauty treatments, including vitamin C and Botox injections, sold more than 30 million yuan (US$4.3 million) worth of products in six months to more than 1,000 patients across eastern China, according to a police investigation. The treatments, which included counterfeit injections delivered with unlicensed equipment, were used on patients in more […] Read more
Source: Xinhua A shop employee sorts products for a shelf of imported foods at a supermarket in downtown Shanghai on April 11, 2018. (Xinhua/ AFP PHOTO) NEW YORK, Nov. 30 (Xinhua) — Food retail, which is highly fragmented both online and offline in China, will be the next frontier for e-commerce in China, according to […] Read more
Source: Xinhua|Editor: Liangyu HANGZHOU, Nov. 30 (Xinhua) — Alipay, a leading payment and lifestyle platform operated by Ant Financial Services Group, has more than 900 million users globally, the company said. Alipay has over 700 million active users in China as of September, with 70 percent of them using three services provided by Alipay, according […] Read more
Jack Ma Photographer: Tomohiro Ohsumi/Bloomberg Jack Ma, co-founder of China’s most valuable company, was officially confirmed as a member of the Communist Party in a state-backed newspaper recognizing business leaders for their contributions to the country’s development. Ma, co-founder and chairman of e-commerce giant Alibaba Group Holding Ltd., is one of 100 people the Communist Party of […] Read more
China has developed a millimeter-wave cloud radar for Beijing’s new international airport, offering weather forecasts with higher accuracy than previous generations. The radar was developed by a research institute affiliated with the China Aerospace Science and Industry Corp, the country’s leading radar maker. Established in 1958, the institute developed China’s first wind-profiler radar for airports. […] Read more
China’s plan to judge each of its 1.3 billion people based on their social behavior is moving a step closer to reality, with Beijing set to adopt a lifelong points program by 2021 that assigns personalized ratings for each resident. The capital city will pool data from several departments to reward and punish some 22 […] Read more
Reversing all its opening losses, Jet Airways made a sharp comeback in the morning trade on Friday, as shares surged over 11 per cent to Rs 356.60 apiece on BSE. In the opening deals, the stock tanked nearly 7 per cent to hit a low of Rs 299.75 apiece. Shares of Jet Airways on Thursday […] Read more
Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), according to the electric carmaker’s China website www.tesla.cn/model3/reserve. Chief Executive Officer Elon Musk said, “Probably some deliveries in March, but April is more certain”, after a Twitter user asked when the deliveries in China would […] Read more
