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China set to post the slowest growth in 28 years in 2018

On Monday, January 21, China will report that the economic growth of the year just ended has cooled off, producing the slowest growth of the last 28 years, due to the weakening of domestic demand and US tariffs. For this reason, Beijing will probably have to present new measures to...

China: the US-China bilateral meeting has made progress on the forced transfer of technology and on other issues

On Thursday, the Chinese trade ministry issued a statement stating that the recent talks with the American counterpart were extensive and established a foundation for resolving the issues. The US had released its own statement where a long series of problems still to be resolved are explained, but also recognizing...

China will support economic growth to avoid stagnation

China will cut banks' reserve requirement ratios (RRRs), taxes and fees, Premier Li Keqiang said on Friday, as China's economy shows further signs of cooling. Beijing will also intensify the "counter-cyclical adjustments" of macroeconomic policies and further cut taxes, Li said, largely reiterating previous political commitments.The measures will also include...

From “Online” to China – hotel distribution déjà vu

There are already tons of editorials, research, market studies, and opinions about the relations between hotels and online travel agents, very often called “the battle for direct bookings.” All details related to the event you can find here https://marketing2china.eu/ The problem has been analyzed from many different perspectives, and even if...

China: forced technology transfers will become illegal

China is outlining the draft of a new law on foreign investment that will pay particular attention to the transfer of forced technology, imposed on foreign companies to do business in the Asian country. The draft prohibits local governments from imposing the forced transfer of technology to foreign companies investing...

China to restart game approvals

The prolonged freeze on approvals for new games is finally coming to an end. After the licenses for new video games have been frozen for nine long months, Chinese authorities have begun to review new titles.Licenses are essential for developers who want to legally monetize their products in China.A Chinese...

The battle between Qualcomm and Apple in China

A Chinese court ordered a ban on the sale of some old models produced by Apple in China for the violation of two Qualcomm patents. Both companies are based in California, but a significant part of their turnover is generated in China.The two patents concern the possibility of modifying photographs...

“Princess Huawei”, Meng Wanzhou, daughter of the founder of Huawei, arrested in Canada, risks extradition to the United States

Meng Wanzhou, 孟 晚 舟, chief financial officer of Chinese hi-tech giant Huawei has been arrested in Canada and faces extradition to the United States. Meng Wanzhou, also known by the name of Sabrina Meng and Cathy Meng, was arrested on December 1st in Vancouver, according to a spokesman for...

US-China trade war truce: Europe and Asia stock markets higher as Trump says China will halt new car tariffs

The global equity markets on Monday reacted very well to the news coming from Buenos Aires, where the meeting between Xi Jinping and Donald Trump has just ended. Germany’s Dax jumped 2.6% while FTSE 100 index in London rose more than 2%, France’s CAC gained 2%, Spain’s Ibex rose 1.8%...

How Will China’s Cryptocurrency Clampdown Play Out?

It's fair to say that when it comes to heavy-handed monetary policy, China is no stranger. Amid a turbulent year which has seen the PBC (People's Bank of China) impose some of the strictest currency controls in recent memory in an attempt to stave off depreciation of the Yuan, as...