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China’s MOFCOM Slams Anti-Dumping Penalties on Cellulose Pulp From the US, Canada, Brazil

(Yicai Global) April 20 -- China’s commerce ministry will continue to impose anti-dumping measures on imports of cellulose pulp from the US, Canada …

China

US Congress Report Flags ZTE, Huawei and Lenovo for Possible Corporate Espionage

(Yicai Global) April 20 -- The United States-China Economic and Security Review Commission released a report yesterday that claims the Chinese …

Intellectual Property

Chairman Reveals ZTE Corp.’s Experience in the Past Few Months

(Yicai Global) April 20 -- Yin Yimin, chairman of ZTE Corp., disclosed for the first time today in an internal email in response to questions from …

Employment

China International Import Expo’s ‘6+365’ One-Stop Trading Services Platform to Serve All Year Round

(Yicai Global) April 20 -- The "6+365" One-Stop Trading Services Platform for the China International Import Expo, CIIE, has opened 200 days before …

China

China, Japan Reach Consensus on Several Points at Their 4th High-Level Economic Dialogue, MOFCOM Says

(Yicai Global) April 19 -- The fourth China-Japan High-Level Economic Dialogue saw the two fully exchange views on such special topics as …

China

JGST to Set Up Singapore Unit as It Expands Across Southeast Asia

(Yicai Global) April 20 -- Jiangsu General Science Technology Co. will spend up to USD5 million to set up a Singaporean unit as it looks to …

Asia

Tencent to Pump USD100 Million Into Indian Fantasy League Platform

(Yicai Global) April 20 -- China’s largest tech firm Tencent Holdings Ltd. is in talks with Indian online fantasy gaming platform Dream 11 and could …

Tencent Holdings

Blockchain Has Too Many Bamboozlers, Allen Zhu Says

(Yicai Global) April 20 -- There are too many swindlers in the blockchain sector, which is sizzling because "getting rich quickly has stimulated many …

Tencent Holdings

FDA Suspends Chinese Drugmaker’s US Sales on Incomplete Import Info

(Yicai Global) April 20 -- The US Food and Drug Administration has suspended sales of Henan Lihua Pharmaceutical Co.’s active pharmaceutical …

FDA

WTO Doesn’t Require Reciprocal Tariffs, China Says in Reply to Trump’s Car Comments

(Yicai Global) April 20 -- The World Trade Organization has no rules on mirrored tariffs and members are entitled to vary import rates, China’s …

Globalization

Baidu, Meituan to Pilot Driverless Meal Delivery in Xiong’an New Area

(Yicai Global) April 20 -- Baidu Inc., one of China’s top four technology firms, has partnered the firm behind the country’s largest on-demand …

China

Cainiao Will Commercialize Logistic Vehicle This Year, Not Cap R&D Hiring, President Pledges

(Yicai Global) April 19 -- Cainiao Network Technology Co., the logistics company affiliated to Chinese e-commerce giant Alibaba <i></i>Group <i></i>Holding <i></i>Ltd., will …

Logistics

Michael Bloomberg Calls for Trade Cooperation Between US, China

(Yicai Global) April 20 -- Former New York Mayor Michael Bloomberg has called on the US and China to strive for cooperation instead of a trade war, …

China

Shanghai to Roll Out Hydrogen Vehicles in Public Service Sector Next Year

(Yicai Global) April 20 -- China’s eastern economic powerhouse Shanghai will promote the use of hydrogen-fueled cars in the public service sector …

Alternative Fuel

ZTE Compels Workers to Brush Up on US, EU Laws

(Yicai Global) April 20 -- ZTE Corp., the Chinese telecoms equipment maker hit by an American export ban this week, is tightening compliance …

ZTE

JD Proves Perfect Fit for Menswear Retailer's Digital Dress-Up

(Yicai Global) April 20 -- JD.com Inc., China’s second-biggest e-commerce player, will assist menswear chain-retailer Jiangsu Hongdou Industrial Co. …

eCommerce

China's ZTE Calls US Ban 'Extremely Unfair' and 'Unacceptable' in Its First Official Reaction

(Yicai Global) April 20 -- China’s telecoms equipment maker ZTE Corp. has accused the US Department of Commerce of ignoring the company’s efforts to …

ZTE

ZTE Chairman Warns US Ban Can Put Company in 'Shock' But It Can Take On Challenges

(Yicai Global) Apr 20 -- ZTE Corp. warned today that a US ban on exports to the Chinese telecoms equipment maker could put the company in "shock" and …

ZTE

China's Leading Memory Chip Players to Start Trial Production This Year

(Yicai Global) April 20 -- China's three leading companies in the field of memory chips will start the intensive trial-production in the second half …

China

China’s Emerging Sector Tax Income Soared in First Quarter But Slowdown Looms

(Yicai Global) April 20 -- China’s tax revenue from emerging industries grew by 31.1 percent in the first quarter, marking the ninth straight quarter …

China

JGST Aims to Swerve US Tire Tariffs With USD300 Million Plant in Cambodia

(Yicai Global) April 20 -- Leading Chinese tiremaker Jiangsu General Science Technology Co. (JGST) will invest USD300 million in a new …

Profit

Hibor Hits Nine-Year High After HKMA Purchases Total of HKD51.3 Billion

(Yicai Global) April 20 -- The three-month Hong Kong Inter Bank Offered Rate (Hibor) jumped to its highest level since December 2008 following …

Hong Kong

Shanghai Customs Merges With City’s Entry-Exit Agency to Cut Red Tape in Cross-Border Trade

(Yicai Global) April 20 -- Shanghai Entry-Exit Inspection and Quarantine Bureau has been integrated into Shanghai Customs, per the requirements of …

China

Ninestar Will Build a USD1.4 Billion Laser Printer Project in Zhuhai to Make 4 Million Printers per Year

(Yicai Global) April 20 -- Ninestar Corp. has advanced a step in its plan to move its production and processing plant for Lexmark printers and their …

3D Printing

Freeze Out of ZTE Will Only Harm the US Itself, MOFCOM Warns

(Yicai Global) April 19 -- The US ban on export sales to Zhongxing Telecommunication Equipment Corp. has caused general market jitters, said Gao …

U.S. Dept. of Commerce

Alibaba’s Taobao Gains Access to China’s Biggest Stock Image Bank

(Yicai Global) April 20 -- A unit under Visual China Group Co., the country’s largest provider of stock images, plans to open up its picture bank to …

China

Beijing, Shanghai Rank 9th and 17th as Global Innovation Centers

(Yicai Global) April 20 -- Eight Chinese cities are in the world’s 100 most innovative cities, with Beijing and Shanghai ninth and 17th, …

Innovation

Soy, Sorghum and Sorrow Amid the US Silos

(Yicai Global) April 20 -- A flotilla of 22 US ships carrying sorghum en route to China has turned back after China slammed crushing penalties on the …

Commodities

Luoyang Glass Mass Produces Its First 0.12-Millimeter Electronic Glass Sheets

(Yicai Global) April 20 -- A subsidiary under China’s Luoyang Glass Co. has mass produced ultra-thin 0.12-millimeter electronic glass for the first …

Asia Pacific

FedEx Connects Guangzhou With Memphis For First Time

(Yicai Global) April 20 -- FedEx Corp. has started a new delivery route, connecting the firm’s Asia-Pacific hub in Guangzhou, capital of China’s …

Guangzhou