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Alibaba's Jack Ma, China's Richest Man, to Retire From Company He Co-Founded – New York Times
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New York Times Alibaba's Jack Ma, China's Richest Man, to Retire From Company He Co-FoundedNew York TimesHONG KONG — Alibaba's co-founder and executive chairman, Jack Ma, said he planned to step down from the Chinese e-commerce giant on Monday to pursue philanthropy in education, a changing of the guard for the $420 billion internet company.Alibaba's […]

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Another weak data point shows China's economy is 'now facing relatively obvious downward pressure' – CNBC
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CNBC Another weak data point shows China's economy is 'now facing relatively obvious downward pressure'CNBCA private manufacturing survey hit a 14-month low in August as the Caixin/Markit Purchasing Manager's Index (PMI) came in at 50.6 — the weakest since June 2017. Although output continued to expand, new orders rose at their slowest pace since May […]

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China's Strong Economic Growth Figures Belie Signs of Weakness – New York Times
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New York Times China's Strong Economic Growth Figures Belie Signs of WeaknessNew York TimesSHANGHAI — On the surface, China's economy is humming along smoothly. It's the numbers behind the numbers that point to mounting challenges for the world's other economic superpower. The Chinese government on Monday reported that the economy …China's Economy Slows as Expected With […]

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How Trump Understands China's ZTE More Than Congress Does – Forbes
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Financial Express How Trump Understands China's ZTE More Than Congress DoesForbesChinese tech giant ZTE Corp.'s chairman promised no further compliance violations and apologized to customers in a letter Friday, June 8, 2018. (AP Photo/Ng Han Guan, File). U.S. congress was not impressed. They were not impressed by the latest lift on …China's ZTE apologizes, pledges reboot […]

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'Too Many Jobs in China Lost:' Why On Earth Is 'America First' Trump Vowing to Save China's ZTE? – Yahoo News
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Yahoo News 'Too Many Jobs in China Lost:' Why On Earth Is 'America First' Trump Vowing to Save China's ZTE?Yahoo NewsFirst the Commerce Department bans the sale of U.S. parts to Chinese telecom equipment firm ZTE, after the firm broke U.S. sanctions and lied to the U.S. government. Then, weeks later, President Donald Trump says […]

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China's Netflix Set to Come With a Pricey Valuation – Wall Street Journal
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Wall Street Journal China's Netflix Set to Come With a Pricey ValuationWall Street JournalBaidu Chairman Robin Li at a conference in Beijing, in November last year. Photo: china stringer network/Reuters. By. Jacky Wong. Jacky Wong. The Wall Street Journal. BiographyJacky Wong · @jackycwong · jacky.wong@wsj.com. Updated Feb. 28, 2018 6:47 a …Baidu's Netflix-Style App Marks […]

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China's Didi, SoftBank to roll out taxi venture in Japan – Reuters
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Reuters China's Didi, SoftBank to roll out taxi venture in JapanReutersSHANGHAI/TOKYO (Reuters) – Chinese ride hailing giant Didi Chuxing said it will set up a venture with SoftBank Group Corp to provide ride-hailing and other services for the Japanese taxi industry. FILE PHOTO: A woman walks past Didi Chuxing's booth at …China's Didi partners with […]

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Chinese stocks are selling off after a week of steady trade during China's Party Congress – CNBC
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CNBC Chinese stocks are selling off after a week of steady trade during China's Party CongressCNBCAn investor in action at an exchange hall on October 9, 2017 in Jinhua, Zhejiang Province of China. After a week of relatively stable trade during China's 19th Communist Party Congress, Chinese stocks took a tumble in early Monday trade. […]

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China's finance ministry says S&P's ratings cut 'a wrong decision' – Reuters
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Business Today China's finance ministry says S&P's ratings cut 'a wrong decision'ReutersBEIJING (Reuters) – China's finance ministry said on Friday S&P Global Ratings' decision to downgrade the country's sovereign credit rating was “a wrong decision” that neglects the economic fundamentals and development potentials of the world's …China's developers to face a major debt refinancing scramble in […]

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China's Tencent Floating E-Publishing Unit on Hong Kong Stock Market – Hollywood Reporter
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Hollywood Reporter China's Tencent Floating E-Publishing Unit on Hong Kong Stock MarketHollywood ReporterChinese internet giant Tencent has filed for an initial public offering (IPO) of its publishing unit, China Literature Ltd., in a move expected to raise as much as $800 million. China Literature filed for an IPO in Hong Kong late Monday, Reuters …Asian […]

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China's Carmakers Think They Have An Edge On Tesla – Jalopnik
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Jalopnik China's Carmakers Think They Have An Edge On TeslaJalopnikThe Chinese carmaker Qiantu stand showing off the company's all-electric roadster. Photo Credit: AP. Good morning! Welcome to The Morning Shift, your roundup of the auto news you crave, all in one place every weekday morning. Here are the important …Foreign carmakers embrace China as electric car […]

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