Business

Vodafone launches 5G service in UK using Huawei equipment

Vodafone UK on Wednesday switched on its 5G service, becoming the second UK mobile operator to turn on its 5G network relying on Huawei equipment. 

Foreign investors optimistic about Chinese market

Around 2-thousand policy makers, experts, and business leaders have attended this year's Summer Davos Forum in the city of Dalian.

Mainland, HK to deepen cooperation in securities regulation

Chinese mainland will deepen cooperation in securities regulation with Hong Kong to fully protect investors' rights and interests.

Baidu and Huawei partner on artificial intelligence

The tech giants Baidu and Huawei announced a partnership on Wednesday that will match the latest advanced in Baidu's deep learning capability with Huawei's new generation AI chip technology.

Huawei CEO says company to reduce its dependence on American suppliers

Huawei's founder and CEO Ren Zhengfei has said the decision by U.S. President Donald Trump to allow American companies to continue selling some products to Huawei won't make much of a difference.
 

China makes notable progress in trade, economic cooperation in past 70 years: report

China has made remarkable progress in foreign trade and economic cooperation in the past 70 years thanks to its opening-up policy, according to a report from the National Bureau of Statistics (NBS).

China steps up efforts to clean up restrictions on foreign investment

China's Ministry of Commerce is intensifying efforts to clean up the restrictive measures on foreign investments that are not specified on the revised negative lists, the ministry said Tuesday.

Apple may launch new iPhone without face ID in China: report

Apple is said to launch a new iPhone for the Chinese market. The new phone will not have Face ID, the facial recognition system for iPhone, and will instead feature a fingerprint sensor, news site caijing.com.cn reports.

Chinese smart card producer to roll out digital platforms in East Africa

Chinese smart card manufacturer XH Smart Tech (China) Co., Ltd. said on Monday that it plans to roll out its innovative financial digital platforms in East Africa.

S. Korea to file suit with WTO against Japan's export restrictions

South Korean Minister of Trade, Industry and Energy Sung Yun-mo said Monday that his country will file a suit with the World Trade Organization (WTO) against Japan's export restrictions on materials key to South Korea's tech industry.

Japan to restrict exports to South Korea, citing less trust

Japan is imposing restrictions on exports to South Korea, citing a decline in "relations of international trust" between the Asian neighbors.

China opens more sectors to foreign investment with new negative lists

China on Sunday rolled out revised negative lists for foreign investment market access, introducing greater opening-up and allowing foreign investors to run majority-share-controlling in more sectors.

Nokia disowns comment of senior executive about Huawei

Telecoms giant Nokia has distanced itself from the comments made by one of its senior executives about Huawei, saying that his comments do "not reflect the official position of Nokia".
 

BYD helps Indian city launch country's biggest electric bus fleet

BYD delivered the largest share of the electric buses in use in India, and has also shipped electric buses to countries including Chile, Nepal, Japan, and Hungary.

Trump: U.S. companies allowed to sell products to Huawei

Trump affirmed that the U.S. companies are allowed to continue selling products to Chinese technology giant Huawei after an effective ban in May during a press conference at the G20 summit on Saturday.

Apple to move Mac Pro production to China: WSJ

Apple will shift production of its Mac Pro computers to China, The Wall Street Journal reported Friday. That desktop is the only major Apple device produced in the US, in Texas to be exact.

Jony Ive, the designer behind the iPhone, is leaving Apple

The man behind the iconic designs of the iPhone, iMac and iPad is leaving Apple. Chief Design Officer Jony Ive is departing after more than two decades at Apple to start his own design firm, the company said Thursday.

World's electronic gaming giants unite to oppose Trump's China tariffs

In a rare show of unity, three of the world's leading electronic gaming giants have teamed up to oppose U.S. President Donald Trump's proposed 25 percent tariff on consoles manufactured in China.

Huawei opposes moves to politicize intellectual property right disputes

Huawei opposes the politicization of intellectual property rights, and will not use its portfolio of patents as a weapon, a spokesman told the media assembled for a press conference in Shenzhen on Thursday.

China's goods, services trade income totals 1.57 tln yuan in May

China's international goods and services trade income amounted to 1.57 trillion yuan while its expenditures stood at 1.38 trillion yuan, official data showed Thursday.

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