Foxconn Technology Group, the world’s largest computer manufacturer and supplier to Apple Inc., is reportedly building a new factory for Huawei Technologies in southwest China’s Guizhou Province (FXI, quote).
China registered its “strong dissatisfaction” with the United States on Wednesday for imposing import duties of 522 percent on Chinese cold-rolled flat steel.
A survey studying the attraction of Shanghai Disneyland, which is scheduled to open on June 16 , has shown that people above 45 years old are the most interested in visiting the amusement park.
China Shenhua Energy Company Limited, the nation’s top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016.
As we move to the end of another trading month a feature now building in US equity markets is the apparent disconnect between the three principal indices, and in particular the divergence between the NQ, which appears to be moving South, and the others which are moving North.
China’s economy grew by 6.7 percent year on year in the first quarter of 2016 to reach 15.9 trillion yuan (US$2.4 trillion), according to the latest data released by the National Bureau of Statistics (NBC) on Friday.
As many as half of the large banks including J.P. Morgan Chase Bank (JPM, quote), that just reported a earnings beat, failed the Government Accountability Office’s or GAO’s Living Will Test. That 4 out of the 8 largest banks here in the U.S.
China’s exports in yuan-denominated terms surged 18.7 percent year on year in March, while imports dipped 1.7 percent, customs data showed on Wednesday.
E-commerce giant Alibaba Group Holding Ltd is planning to develop rugby on the Chinese mainland and exclusively broadcast rugby content through the online platform of its new sport division－Alisports.
Huawei Technologies Co Ltd is preparing to challenge Apple Inc in a premium-end smartphone market as the Chinese telecom equipment maker unveiled a new flagship handset in the United Kingdom and a top executive spoke of plans to enter the United States.
