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| December 12, 2018

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China's Archives -

Stocks drift before Trump’s meeting with China’s president

November 30, 2018 |

Stocks were little changed on Wall Street on Friday ahead of a highly anticipated meeting between President Trump and Chinese President Xi Jinping on trade.

The price of oil briefly dropped under $ 50 a barrel but later recovered and was up slightly.

GameStop dropped 6.5% after issuing a weak forecast….


L.A. Times – Business

United Technologies Gets China’s Approval for Rockwell Collins Deal

November 24, 2018 |

Chinese regulators have approved United Technologies’s takeover of airplane-parts maker Rockwell Collins, removing the final hurdle for a $ 23 billion combination that was struck more than a year ago.
WSJ.com: US Business

China’s Yearly Shopping Frenzy Humiliates Cyber Monday

November 11, 2018 |

Online shoppers in China shattered last year’s record of $ 24 billion in sales on the country’s annual buying frenzy Sunday , as the tradition marked its 10th year. The spending binge has for years eclipsed Cyber Monday in the US for online purchases on a single day. This year’s tally breaks…
Newser

Chinese-owned pork producer is getting U.S. bailout money to protect it from China’s tariffs

November 10, 2018 |

A Chinese-owned pork producer will sell at least $ 240,000 worth of ham products to the federal government as part of the Trump administration’s farm bailout program, the administration said Wednesday.

U.S. pork producer Smithfield, which is owned by the Chinese conglomerate WH Group, will sell…


L.A. Times – Business

CNN

AmEx gets a shot at China’s payments market

November 10, 2018 |

American Express just became the first US credit card company to get the green light to start building its own payments network in China.
CNN.com – RSS Channel – World

Two news anchors at China’s state-run news agency aren’t human

November 10, 2018 |

The news never sleeps, and neither do the two new anchors at China’s state-run news agency.

New China News Agency on Wednesday unveiled what it’s calling the world’s first news anchors powered by artificial intelligence, at the World Internet Conference in China’s Zhejiang province. From the outside,…


L.A. Times – Business

China’s Neighbors Could Win From U.S. Tariff Tussle

November 6, 2018 |

Trade tensions between the U.S. and China could benefit other Asian economies and markets, according to analysts with an alternative take on the impact of rising tariffs across the Pacific.
WSJ.com: What’s News Asia

CNN

Why China’s tech giants are cozying up to the Communist Party

November 6, 2018 |

China’s biggest ride-hailing company has a new plan to beef up customer service: hire 1,000 members of the ruling Communist Party.
CNN.com – RSS Channel – World

China’s New 34-Mile Bridge Links Up 70 Million People in Planned Megalopolis

October 23, 2018 |

The world’s longest sea bridge opened on Tuesday, snaking 34 miles across China’s Pearl River estuary to form a pillar of Beijing’s plan to merge 11 cities in its southern region into one megalopolis.
WSJ.com: What’s News Asia