Chinese engineers have completed the basic structure of what is expected to become the world’s highest bridge. ‘I’m not afraid – it seems safe!’: China opens longest glass-bottomed bridge Read more The Beipanjiang bridge, in mountainous southwestern China, soars 565 metres (1,854 feet) above a river, the Guizhou provincial transport department said in a statement. […]
Starbucks chases China’s tea market
Shanghai – Starbucks plans to increase its global tea business to $3 billion over the next five years as its starts selling its new line of tea drinks, known as Teavana, across the Asia Pacific region on Monday following the products’ entry in China last week. China is Starbucks’ fastest-growing market and the Seattle-based coffee […]
Starbucks chases China’s tea marketMystery of Oil Held on Chinese Islands Puzzles Crude Markets
China’s got the world puzzling over its oil hoard. From underground caverns by the Yellow Sea to a scattering of islands in the Yangtze River delta, the government has been stockpiling crude for emergencies in a network of storage sites dotted around the country. Record purchases this year by the world’s biggest energy consumer have […]
Mystery of Oil Held on Chinese Islands Puzzles Crude MarketsQuantum encryption gets off the ground with China’s Micius satellite
Quantum computers of the future will be so powerful that many believe they will be used to crack the powerful encryption used today to defend government secrets and protect sensitive corporate data like bank transactions. 3d illustrated abstract background featuring cubic reflective surfaces and circuitry 92012525 Internet of things: Early adopters share 4 key takeaways […]
Quantum encryption gets off the ground with China’s Micius satelliteChina’s Central Bank Plans Push to Increase Yuan’s Global Usage
China’s central bank said it plans to push the yuan’s global use by seeking more cooperation with other countries and improving the infrastructure needed to support wider use of the currency. The comments were included in a three-paragraph statement, posted on the People’s Bank of China website Wednesday, on its forthcoming 2016 annual report on […]
China’s Central Bank Plans Push to Increase Yuan’s Global UsageA secret meeting of leaders in a Chinese beach town could determine the future of the country
A closed-door meeting in a resort town on the Bohai Sea may be where China’s future leadership begins to take shape, at a time when observers say there’s tension at the top in Beijing. President Xi Jinping is said to be hosting the very highest echelon of China’s Communist Party this week in Beidaihe. No […]
A secret meeting of leaders in a Chinese beach town could determine the future of the countryUber Sells China Operations to Didi Chuxing
Uber, investors in UberChina unit will own 20% of Didi; Chinese ride-hailing firm will invest $1 billion in Uber Global ride-hailing giant Uber Technologies Inc. has given up its costly battle for China’s riders, swapping its local operations there for a minority stake in the country’s homegrown champion, Didi Chuxing Technology Co. Didi, which was […]
Chinese ride-hailing firm will invest $1 billion in UberQualcomm CEO Sees Major Progress in China
China has flipped from being Qualcomm Inc.’s biggest problem to the force driving a new upturn in business for the big mobile chip maker. Steve Mollenkopf, chief executive of the San Diego-based company, on Thursday said Qualcomm is benefiting both from more patent licensing deals in China and a new crop of handset makers in […]
Qualcomm CEO Sees Major Progress in ChinaAB InBev-SABMiller Deal Advances on China
Anheuser-Busch InBev NV’s takeover of SABMiller Plc moved closer to completion as China’s Ministry of Commerce approved the $103 billion deal and the target’s shareholders began lining up in favor of the transaction after the Budweiser maker raised its bid. Chinese antitrust authorities gave the “Megabrew” merger its last major regulatory nod Friday after London-based […]
Anheuser-Busch InBev NV’s takeover of SABMiller Plc