Chinese Economy in Trouble, Here’s Why!

China’s exports and imports declined in October, Reuters reported citing data from the country’s customs released on Friday. In dollar terms, exports fell 0.9% while imports fell 6.4% from a year ago in October, but beat analysts’ forecasts. Trade balance for October was $42.81 billion, compared to analyst forecasts of $40.83 billion. Economists polled by[...]

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Hong Kong to dominate China’s National Day with Protests

Hong Kong is bracing for another day of mass demonstrations as China celebrates its National Day. Early Tuesday, local politicians gathered inside the Convention and Exhibition Centre in Wan Chai to observe the flag-raising ceremony. Outside, two helicopters were seen flying across the harbor, carrying the Chinese national flag and Hong Kong flag. Oct. 1[...]

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China and Nigeria intensify Relations

Chinese President Xi Jinping’s special envoy on Thursday met with President Muhammadu Buhari on mutual exchange and bilateral coopearions. A statement by the Embassy of the People’s Republic of China in Abuja, disclosed that Xi’s envoy was Mr Yang Jiechi. Yang is also a Member of the Political Bureau of the Central Committee of the[...]

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LinkedIn- 25 hottest places to work with Chinese Origin

China’s hottest start-ups right now are those making major breakthroughs in artificial intelligence, according a new report from LinkedIn. Artificial intelligence businesses taking the lead in autonomous driving are among the most popular companies to work for in the country, dominating six of the top 10 positions in LinkedIn’s list of the best start-ups 2019[...]

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Everything that happened over the weekend with the US-China trade war

Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend. Before U.S. stock markets open, China’s Ministry of Finance announces on its website that it will apply new tariffs of between 5% and 10% on $75 billion worth of[...]

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Tech Giants like Twitter and Facebook accuse China of attempting to use Social Media to discredit Hong Kong protesters

Twitter and Facebook have accused the Chinese government of backing a social media campaign to discredit Hong Kong’s pro-democracy movement and sow political discord in the city. The American tech giants announced Monday they had suspended nearly 1,000 active accounts linked to the campaign, while Twitter said it had shut down about 200,000 more before[...]

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The U.S. will win the Trade War, Here’s Why

The ongoing trade war between the U.S. and China has intensified to full pitch, and the likelihood of a compromise is fading fast. Actions and Reactions On August 1, Trump announced new tariffs of 10% on $300 billion of imports from China to take effect on September 1. These are on top of those already[...]

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China responds to US after Treasury!

China’s central bank has firmly rejected the U.S. Treasury’s designation of Beijing as a currency manipulator, saying the accusation has “seriously” undermined the international financial order and risked further market turmoil. The response from the People’s Bank of China comes at a time of rapidly intensifying trade tensions between the world’s two largest economies. On[...]

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Swine Fever reduces China’s Pig Herd by Halve

China’s pig herd could halve by the end of 2019 from a year earlier as an epidemic of African swine fever sweeps through the world’s top pork producer, analysts at Dutch bank Rabobank forecast on Tuesday. The bank said China’s herd, by far the world’s biggest, was already estimated to have shrunk by 40% from[...]

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China and US to begin trade talks again next week

US and Chinese officials are restarting negotiations in an effort to resolve the year-long trade dispute, with two days of talks due next week, US Treasury Secretary Steven Mnuchin said Wednesday. The dialogue in Shanghai on Tuesday and Wednesday will be the first face-to-face meetings since negotiations collapsed in May after President Donald Trump accused[...]

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U.S. – China Trade Deal has gone in flames, Here’s Why!

Washington apparently went too far. Instead of seeking an immediate and rapid rebalancing of U.S.-China trade, the White House asked for legislative changes in China’s trade and economic systems under a permanent threat of sanctions. And then it got worse. China seemed to have offered a bait, pretending that it might acquiesce into such unthinkable[...]

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Electric Scooters are the Future of Transportation- Chinese Tech CEO!

As many cities are trying to boost environmentally friendly public transit systems, one Chinese tech CEO says smart electric scooters may be the new future of urban mobility. Due to congestion in many cities, cars tend to travel at about 15 kilometers per hour, on average, while moving room in subways during rush hour is[...]

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Huawei Scraps Laptop Launch due to US Blacklisting

Chinese tech giant Huawei has scrapped the launch of new laptop as a result of being effectively barred from doing business with American suppliers. It’s the first product launch the company has cancelled as a result of being put on a blacklist restricting its access to U.S. technology. Richard Yu, CEO of Huawei’s consumer division,[...]

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Chinese Smartphone Oppo expands into UAE through Lulu deal

Chinese smartphone giant Oppo is expanding its presence in the region with the announcement of new distributors for its products. The company said a new partnership with Lulu in the UAE marks the beginning of a relationship that will evolve to cover the GCC. In addition to retail presence, Lulu will work with Oppo by[...]

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