Meng Wanzhou, 46, Huawei's chief financial officer and the daughter of its founder, faces U.S. accusations that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating U.S. sanctions. Justice William Ehrcke at a court hearing in Vancouver, British Columbia, on Tuesday granted bail to Meng, subject to a guarantee of C$10 million ($7.5 million) and other conditions. China had threatened severe consequences unless Canada released Meng immediately.
Starbucks is expanding delivery to more stores in the U.S. and China. In China, delivery will be offered from 2,000 stores in 30 cities by the end of this year, up from 150 stores at the end of September. Starbucks is partnering with delivery service Ele.me in that country.
Could they end up having to choose sides?
National security adviser John Bolton unveiled the Trump administration's new strategy for Africa as it works to counter Russia and China, as they expand their financial, political and military investments across the continent. "Africa is incredibly important to the United States," Bolton told the audience at the Heritage Foundation on Thursday.
You’ll laugh and you’ll cry, but after reading this column, you probably won’t buy IQ stock. Analysts often label iQiyi as the Netflix (NASDAQ:NFLX) of China, and at first, the comparison seemingly makes sense. A major problem for the bullish thesis on IQ stock is that IQ has relatively few paying subscribers.
As the hearing began, the heads of both political parties led with questions about Google’s data collection. Republican Bob Goodlatte asked how much personal information Google absorbs via its Android mobile software. Pichai stressed that users opt in to certain data-tracking features, giving the example of fitness apps that measure steps.
NEW YORK, Dec. 13, 2018 /PRNewswire/ -- China welcomes U.S. businesses to showcase and promote their products and services at the second China International Import Expo (CIIE) to be held in November next year in Shanghai. At a promo-demo roadshow of the second CIIE in Midtown Manhattan, the invitations were extended by a delegation led by Sun Chenghai, deputy director of the CIIE Bureau, to some 100 business representatives. According to Sun, 174 U.S. companies took part in the inaugural import expo held in this past November, making the United States the third largest participant among 172 countries, regions and international organizations.
President Donald Trump scored a trade war victory Wednesday after China made its first major soybean purchase from the U.S. since retaliating against Trump’s tariffs in July by blocking imports of U.S. agricultural products. China announced on Wednesday that it has purchased more than 1.5 million tons of U.S. soybeans following a meeting between Trump and Chinese President Xi Jinping at the G20 summit earlier this month.
After making a splash in China with a massive $94.1 million launch, “Aquaman” is swimming towards more box office glory. Even before its U.S. debut on Dec. 21, James Wan’s take on the Atlantean superhero has hit a number of records in the Middle Kingdom. It had the best opening weekend for a Warner Bros. title, […]
Glancy Prongay & Murray LLP (“GPM”) reminds investors of the December 31, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased China Zenix Auto International Limited (“China Zenix” or the “Company”) (OTC: ZXAIY) securities between October 2, 2015 and June 14, 2018, inclusive (the “Class Period”). China Zenix investors have until December 31, 2018 to file a lead plaintiff motion.
The comments at a United Nations conference on global warming in Poland spearheaded a push by a group of the 49 Least Developed Countries for clarity on when those promises will be fulfilled. It indicated deepening tensions as the talks that are due to conclude in the industrial city of Katowice on Friday. “Some delegations we are seeing backsliding,” Xie Zhenhua, China’s lead envoy to the talks in Katowice, said at a briefing on Thursday afternoon.
An award-winning Chinese photographer has been arrested in China's far-flung western Xinjiang region, his wife said on Thursday, though it is unclear on what charges he is being held. Lu Guang, a three-time World Press Photo award winner, had been invited to take part in photography events in the regional capital, Urumqi, in late October, his wife, Xu Xiaoli, said last month. Xu told Reuters by telephone from New York City, where she lives, that police in Xinjiang's southern city of Kashgar had informed the family of his arrest.
In 2015, both these sectors showed signs of moderation, after which the Chinese government announced several measures to boost them. In the real estate sector, the country relaxed lending norms to boost housing demand. In the automotive space, China lowered its purchase tax, which was gradually increased to the original level of 10% starting at the beginning of this year.
Beijing-based LexField Law Offices, which has a strong reputation in IP, especially in helping multinationals fending off infringement in China, is behind Qualcomm's successful iPhone sales ban in the country.
Toshi Yoshihara and James Holmes present the second edition of their important work on this timely topic.