iPhone sales in China reportedly tanked 20 percent last quarter

Apple’s iPhone sales in China fell 20 percent year-on-year in the fourth quarter of 2018, while sales for smartphones made by home-grown rival Huawei soared by 23 percent, data from industry research firm IDC showed on Monday. The report is the first to put a firm number on the scale of a recent decline in…
Technology News & Reviews | New York Post

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iPhone shipments crashed nearly 20% in China because they’re too expensive: IDC

Apple iPhone shipments sunk 19.9 percent during the fourth quarter of 2018, Apple's fiscal Q1, according to IDC.
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The Internet, Divided Between the U.S. and China, Has Become a Battleground.

As China and the West race for 5G dominance, two digital powers with very different approaches to technology are staking out their corners. Some Silicon Valley executives worry the divergence risks giving Chinese companies an advantage in new technologies.
WSJ.com: WSJD

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China and Russia loaned billions to Venezuela — and then the presidency went up for grabs

China and Russia are doubling down on their support for Venezuela's embattled president, and some say that has a lot to do with the billions of dollars Caracas still owes to Beijing and Moscow.
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3 digital industries that China is dominating

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China is one of the foremost nations embracing a fully connected society. In many major Chinese cities, sensor-filled machines that accept digital payments and support public data-collection are commonplace. Such technologies are found in supermarkets, malls, and even on sidewalks — Chinese panhandlers have notably used the WeChat platform to collect donations from passersby. Already, China’s mobile payments market is nearly 50 times that of the U.S.’s.

China represents a significant investment opportunity for breakthrough innovations in digital industriesData from late 2017 suggests that increased digitization may lead to a shift of 10 to 45 percent of industry revenue pools in China by 2030. This shift has particular implications for key sectors like consumer and retail, automotive and mobility, health care, and freight and logistics. Read more…

More about Uk, China, Digital, Economy, and Industry


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Ning Hao’s ‘Crazy Alien’ Passes $100 Million on Second Day of Release in China

Popular Chinese director Ning Hao has seen his comedy fantasy film “Crazy Alien” gross more than $ 100 million at the mainland China box office after just two days on release during the Chinese New Year holiday period. It’s the highest two-day total for any film in the Middle Kingdom so far this year. The milestone […]

Variety

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China to Recognize Gaming as Official Profession

The Chinese government will recognize gaming as an official profession, according to a newly released list of job titles from China’s Occupation Skill Testing Authority (OSTA). The OSTA list covers a number of tech-centered new fields including cloud computing engineers, big data analysts, as well as professional gamers. The list was developed following an internal […]

Variety

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China says its manufacturing activity contracted for the second-straight month in January

China's official manufacturing Purchasing Managers' Index (PMI) for January was 49.5, according to the National Bureau of Statistics. That's higher than the 49.4 reported in previous month, and the 49.3 expected by analysts in a Reuters poll.
Asia-Pacific News

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China clones gene-edited monkeys for sleep disorder research

Chinese scientists have made clones of a gene-edited macaque to aid research of circadian rhythm disorders that are linked to sleep problems, depression and Alzheimer’s disease, the official Xinhua news agency said on Thursday.


Reuters: Science News

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UPDATE 2-Canadian PM fires envoy to China after remarks on Huawei case

In an unprecedented move,
Canadian Prime Minister Justin Trudeau on Saturday said he had
fired his ambassador to China, who prompted a political furor
with comments about Huawei’s high-profile extradition case.


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Is Ivanka Trump Planning a Big Fashion Comeback in China?

Photo Illustration by The Daily Beast

Ivanka Trump shut down her eponymous clothing line last July. Six months later, before the last of her heavily reduced stock has been sold, the first daughter is already planning her comeback.

As the AP reported, Chinese officials have approved five trademarks Trump first filed in 2016 and 2017. Given Trump’s self-branding as a lifestyle guru, those trademarks covering wedding dresses, sunglasses, brokerage, charitable fundraising, and art valuation make sense.

The fifth trademark covers childcare centers, which is somewhat eerie considering her father’s family separation policy. (Ivanka called the policy “a low point” for the administration.)

Read more at The Daily Beast.

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Genetically altered monkeys have been cloned in China, and ethics just can’t keep up

monkeys cloned

It was almost exactly one year ago today that Chinese scientists revealed that they had successfully cloned a monkey, resulting in the live births of two genetically identical babies. It was a monumental achievement that brought with it a whole minefield of ethical questions and very few answers, and now things are getting even more complicated.

In a new announcement, also out of China, researchers reveal that they’ve cloned a handful of new monkeys as well, but this time around the donor monkey was genetically modified to exhibit specific disorders associated with hormone imbalance and mental health.

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Genetically altered monkeys have been cloned in China, and ethics just can’t keep up originally appeared on BGR.com on Thu, 24 Jan 2019 at 14:05:32 EDT. Please see our terms for use of feeds.


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Markets rise on hopes of breakthrough in trade talks with China

Wall Street caught a bounce Friday as traders got renewed faith in trade talks between the US and China. Major indices were up more than 1 percent, with the Dow Jones industrial average gaining 336.25 points, or 1.4 percent, to close the day at 24,706.35. Other indices followed suit with the S&P 500 popping 1.3…
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Stocks Advance On Report U.S. Considering Easing China Tariffs – U.S. Commentary

After turning in a lackluster performance for much of the session, stocks shot higher late in the trading day on Thursday. The major averages gave back ground after the spike but managed to remain firmly in positive territory.
RTT – Top Story

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Valuations for China stocks are ‘very, very attractive’ now: Fidelity

When asked where's the safest place to put money in, Fidelity International's investment director for Asian equities, Medha Samant, replied: "It's really north Asia, it's being led by China we think."
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US officials debate lifting tariffs on China to get a trade deal: WSJ

Lifting tariffs could clear the way for deeper concessions from Beijing, sources told The Wall Street Journal.
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Chinese Rapper China Mac Makes Argument To Use N-Word

Brooklyn-born rapper China Mac, born Raymond Yu, recently shared his views on the usage of n-word on the Flip Da Script Podcast with comedian QueenzFlip and Dj Gmoney.

The 30-minute show was uploaded on YouTube on December 31, during which host QueenzFlip explained why the racial slur should only be reserved for use by Black folks.

“Me, I feel that a person that’s not from Black descent regardless if they are from the hood or if they are in the hood they should not say the n-word. That’s me,” he said. “’Cause I feel like that’s where I come from. I’m African. I’m Black. I feel I’m a Black guy, I’m a ‘n-gga.’ I feel like I grew up around and I went through that.”

He also believes “We took a bad word, n-gger, and we turned into a good word. We turned it into a word of endearment amongst the African American community. I’ve watched, as a kid, I’ve watched Puerto Ricans that said ‘n-gga’ that didn’t consider themselves Black and laughed at Black people.”

“I feel that a lot of people can’t relate to what we go through. I’m not saying that you can’t relate but I just don’t feel like another race should use a word that was considered a word that was disrespecting Black people,” he added.

China Mac added that the way the n-word is used now no longer means disrespect.

“I’m with you every day and you’d be like ‘Yo, that’s my n-gga China Mac bro,’ and you say that. Then it’s always thrown around me and sh*t. You cannot expect me not to say that word because we f**k with each other. And you’re using it towards me, using it around me. You can’t expect me not to say the word. And then now, once this one says it to that level, the disrespect is no longer there. It’s not about disrespect.”

“That word, the connotation of that word, doesn’t come with disrespect. You’re the same, saying that you guys took the disrespect out but then you want to put the disrespect sometimes. Like, it’s not disrespectful here, but it’s disrespectful here.”

He further noted that the n-word is now “part of the culture.”

“It’s in the music, it’s in everything, it’s part of the culture. And culture is not color. Culture is the environment. Culture is how you were raised. Culture was the people around you.

“So now, when we say that word, when other Asian people say that word, they don’t mean it by disrespect. It’s different in the 50s, in the 60s.”

QueenzFlip believes the term remains a trigger topic for many Blacks, and for this reason, China Mac stopped using the n-word in his songs and social media.

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‘Alita: Battle Angel’ Secures Theatrical Release in China

20th Century Fox’s effects-heavy sci-fi action film, “Alita: Battle Angel” has secured a theatrical release in mainland China. It will play in February as the first Hollywood title to enter Middle Kingdom theaters after the Chinese New Year holidays. The Feb. 22 date is more than two weeks after the film’s commercial run begins Feb. […]

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China Inflation Data Due On Thursday

China will on Thursday release December numbers for consumer prices, highlighting a light day for Asia-Pacific economic activity.
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Data Sheet—Fear and Loathing in Las Vegas, China Edition

This is the web version of Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here.

Was it only last year that wags at the annual gadget-fest in Las Vegas joked that what CES really stands for is the “Chinese Electronics Show“? This year, Chinese companies at the sprawling event are lying low. Hong Kong’s South China Morning Post reports that the number of Chinese vendors registered to exhibit this week at CES totaled 1,211, a 20% decline from the 1,551 Chinese vendors who signed up in 2018.

Chinese companies still account for more than a quarter of the conference’s exhibitors, and are outnumbered only by firms from the United States. CES organizers said the smaller number of Chinese firms participating this year reflects a decision to allocate more space to larger vendors, not a Chinese retreat. Many of the big Chinese tech firms–including Alibaba, Baidu, DJI, JD.com, and Lenovo–increased their presence at this year’s show. Even so, in the global tech press, the general consensus is that Chinese exhibits are not only fewer in number but feel far less exuberant this year than last.

China’s subdued presence at CES has been widely ascribed to the U.S.-China trade war. Huawei Technologies, whose CEO delivered a rousing CES keynote last year, has a large booth at this year’s show. But this year, with its chief financial officer Meng Wanzhou detained in Vancouver and awaiting extradition to the U.S. on charges of financial fraud, the world’s largest telecoms manufacturer kept senior executives at home. Other notable Vegas no-shows include ZTE, which was almost tipped into bankruptcy last year by U.S. penalties for its lax compliance with export sanctions against Iran, and Xiaomi, whose stock price has plunged far below last year’s IPO.

Concerns about friction between the U.S and China cast a pall over Apple too last week as CEO Tim Cook blamed a sluggish Chinese economy and “rising trade tensions with the United States” for a sharp downward revision in the company’s first quarter profit estimate. But Cook’s assertion drew immediate criticism from analysts and customers in China who argued that Apple’s real problem is that its new phones are overpriced and haven’t kept pace with the innovations offered by domestic competitors. Many have noted that Apple has lagged Chinese rivals like Huawei, Xiaomi, Oppo, and Vivo in rolling out high-performance cameras, dual SIM card capability, and other features.

In Shanghai, meanwhile, Elon Musk defied the China gloom by breaking ground on a new, $ 5 billion Gigafactory on the outskirts of that city. Musk says Tesla expects to complete construction of the factory in summer, begin producing Model 3 vehicles for the China market by year-end, and shift to “high volume production” of as many as 500,000 vehicles per year by 2020. The factory is a huge coup for Musk. Producing vehicles in China will spare Tesla the expense of import tariffs and shipping to a crucial market; China is, by far, the world’s largest market for electric vehicles. Tesla is the first U.S. auto manufacturer to take advantage of a new change in Chinese investment rules allowing foreign carmakers to have full ownership of Chinese plants, meaning the company won’t have to share profits and technology with a local partner.

And yet, like Apple, Tesla will face stiff competition from nimble domestic players including BYD, NIO, Xpeng, and Geely. Winning in China will require every ounce of Musk’s entrepreneurial genius.

Clay Chandler
@claychandler
clay.chandler@timeinc.com

NEWSWORTHY

Lagging indicator. It’s been a tough year so far for Apple, but shed no tears for CEO Tim Cook. Thanks to the boffo performance of the company in its prior fiscal year, Cook’s pay rose 22% to almost $ 16 million. Bloomberg points out that he also got $ 121 million from vesting a portion of a 2011 10-year stock grant. Cook was out earning his keep on Tuesday, telling CNBC’s Jim Cramer that everything’s fine. “When I look at the long-term health of the company, it has never been better,” Cook said. “The product pipeline has never been better. The ecosystem has never been stronger. The services are on a tear.”

Isn’t it ironic? On the subject of tech giant CEOs, Facebook’s Mark Zuckerberg revealed his annual personal improvement goal: promoting conversations about how technology is affecting society. “Every few weeks I’ll talk with leaders, experts, and people in our community from different fields and I’ll try different formats to keep it interesting,” Zuck writes. “These will all be public, either on my Facebook or Instagram pages or on other media.”

Feed them on your dreams. The country of Finland wants to make sure it stays relevant as technology advances. So a recent initiative is aiming to teach 1% of the population, or about 55,000 people, the basics of artificial intelligence in a free course. The idea is not create more coders, but to help people in different fields realize how they could apply A.I. in their fields.

But does it have an Infinite Improbability Drive? Most of the new products unveiled at CES are for consumers, but IBM is showing off its new quantum computer dubbed The Q System One. The finicky calculator, which should be able to crunch massive amounts of data, has to be kept in a super-chilled container and encased in half-inch-thick borosilicate glass. It also looks super cool.

Please, sir, may I have some more? It was the previous CEO of Verizon who bought what was left of AOL and Yahoo and combined them into Oath. Current CEO Hans Vestberg has been slowly moving away from the bet on digital advertising. On Tuesday, ahead of a speech at CES, Vestberg told Axios that the units will “need to survive on their merits” and won’t get access to the carrier’s extensive data about its phone customers.

Pretty soon you’re gonna suffer from fistaphobia. Speaking of data the carriers collect, are you worried about marketers tracking your location via smartphone? That’s not the half of it. A reporter for Motherboard paid a “bounty hunter” a few hundred dollars for real-time location tracking of his phone with data that originated from carriers T-Mobile, AT&T, and Sprint. The data is apparently sold through legitimate data partners of the networks, who say the practice violates their terms of service.

Unskippable. As cord-cutting continues apace, Internet video service Hulu says it grew almost 50% last year to 25 million subscribers. Ad revenue hit $ 1.5 billion, though the private company is believed to operate deeply in the red.

FOOD FOR THOUGHT

A few years ago, a survey by Princeton Professor Alan Krueger and Harvard Professor Lawrence Katz made headlines with its claim that 5% of workers were in more independent and non-traditional jobs like Uber drivers and Airbnb hosts, representing the future of work. But more detailed surveys of the workforce have since revealed that the so-called gig economy is much smaller, probably less than 2% of workers. The Wall Street Journal‘s Josh Zumbrun explains how the two economists got things so wrong.

“After sifting through the new evidence,” Mr. Krueger said, “Larry Katz and I now conclude that there was a modest rise in the share of the workforce in nontraditional jobs over the last decade–probably on the order of one to 2 percentage points, instead of the five percentage point rise we originally reported.”

BEFORE YOU GO

This is an odd one and it comes courtesy of blogger Jason Kottke. Bird watcher Nicholas Lund has found an entirely new and untrammeled locale to practice his hobby: inside the video game Red Dead Redemption 2. He’s even posted a “field list” on the Audubon Society’s web site listing the almost 60 birds he saw in the game, everything from the Yellow-Billed Loon to a Great Horned Owl. “My mom always used to tell me to stop playing video games and go outside, but this is the first game that made me want to,” Lund writes.

This edition of Data Sheet was curated by Aaron Pressman. Find past issues, and sign up for other Fortune newsletters.

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China says it welcomes U.N. to visit Xinjiang via proper procedures

China said on Monday it would welcome U.N. officials to its far western region of Xinjiang if they follow the proper procedures, amid global concern over Beijing’s de-radicalization program there.


Reuters: Arts

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South Korea’s Celltrion aims to set up China JV within first half of 2019: chairman

South Korean drugmaker Celltrion Inc aims to set up a joint venture in China within the first half of this year, and begin selling products in the country next year, its chairman said on Sunday.


Reuters: Business News

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China ‘lifts mysterious veil’ by landing probe on far side of the moon

A Chinese space probe successfully touched down on the far side of the moon on Thursday, China’s space agency said, hailing the event as a historic first and a major achievement for the country’s space program.


Reuters: Science News

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Market turmoil raises the stakes for Trump’s competing China negotiators Mnuchin and Lighthizer

As the U.S. and China race to meet a March 2 deadline to reach a trade deal, the ideological divide between the White House's two trade camps, led by Lighthizer and Mnuchin, has taken on a new significance.
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China records historic first with moon landing

Associated Press

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Tim Cook blamed China for Apple weakness: Here’s what he said about the country in 2018

Apple Chief Executive Tim Cook blamed an economic slowdown in China, and the Sino-U.S. trade war, for the downgrade of its revenue forecast, but he was positive about the region throughout 2018.
Tech

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China probe readies to land on dark side of the moon: Xinhua

A Chinese space probe is moving into position to land on the dark side of the moon for the first time, the official Xinhua news agency reported on Sunday, a mission seen as an important step as the country looks to push forward its space program.


Reuters: Science News

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Trump says ‘big progress’ on possible China trade deal

U.S. President Donald Trump said on Twitter that he had a “long and very good call” with Chinese President Xi Jinping and that a possible trade deal between the United States and China was progressing well.


Reuters: Business News

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China probe reportedly readying to land on the dark side of the moon

China aims to catch up with Russia and the United States to become a major space power by 2030. It is planning to launch construction of its own manned space station next year.
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Nissan to cut China auto output over 3 months as demand slows – source

Nissan Motor Co plans to
cut vehicle production in China by 30,000 units in the coming
months, a person briefed on the matter told Reuters, as global
automakers grapple with falling demand in the world’s biggest
car market.


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Muslim poet fears China clampdown on minorities

Associated Press

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With eye on China, Germany tightens foreign investment rules

Germany agreed new rules on Wednesday to lower the threshold for screening and even blocking purchases of stakes in German firms by non-Europeans, in a move to fend off unwanted takeovers by Chinese investors in strategic areas.


Reuters: Arts

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Box Office: ‘Aquaman’ Maintains Overseas Reign With $91 Million, ‘Spider-Verse’ Leads in China

“Aquaman” retained its reign at the international box office for the third consecutive weekend, generating another $ 91.3 million from 70 overseas territories. James Wan’s superhero adventure starring Jason Momoa has now amassed $ 482.8 million, with $ 410.7 million of that number coming from foreign markets. China accounted for $ 23.3 million of this weekend’s bounty, bringing “Aquaman’s” […]

Variety

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UK condemns China after US ‘economic espionage’ charge

The UK has condemned Beijing as the US charged Chinese hackers accused of attempting to steal trade secrets and technologies in a bid to compromise government computers.
Tech News – Latest Technology and Gadget News | Sky News

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Stocks end week down despite Trump’s assurances about China

Wall Street is forecasting bleak times. US markets sold off sharply Friday after weak economic data from China stoked worries of a global slowdown in 2019. The Dow Jones industrial average was down 496.87 points, shedding 2 percent, to close at 24,100.51, after retail growth in China slowed to its lowest level in more 15…
Business | New York Post

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China buys first US soybeans since trade war

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Newly public Tencent Music ‘would be a screaming buy’ if it wasn’t for China: Cramer

Jim Cramer breaks down Tencent Music's initial public offering and and says context is the biggest deterrent to buying shares.
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China bought 500,000 tons of U.S. soybeans. But that’s just a drop in the U.S. export bucket

China is back in the market for U.S. soybeans, but the recent purchases represent just a fraction of sales American farmers have lost since the Trump administration embarked on a trade war with Beijing in July.  
Politics

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Northern China smog worsens in October-November as pace of restrictions eases: Greenpeace

Smog in northern China worsened in October and November compared to a year earlier, environmental group Greenpeace said on Thursday, as the government eases the pace at which it ramps up air quality controls at a time when the economy is slowing.


Reuters: Environment

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US general has a question for Google: Why will you work with China but not us?

Google China search engine

Google CEO Sundar Pichai is scheduled to testify before Congress next week, and he’ll potentially face questions on a number of thorny issues ranging from perceived search engine bias to Google’s interest in developing a search engine for use in China that would be heavily censored there.

To that latter point, a top US general went public today with what sounds like a pretty reasonable question for the tech giant. It boiled down to, essentially, why are you guys willing to work with China, but have such a problem working with your own country’s military?

Continue reading…

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US general has a question for Google: Why will you work with China but not us? originally appeared on BGR.com on Fri, 7 Dec 2018 at 23:07:44 EDT. Please see our terms for use of feeds.


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US firms doing business in China now vulnerable after Huawei arrest: Former US trade advisor

There's a good chance the Chinese will retaliate for the arrest of Huawei CFO Meng Wanzhou by targeting American businesses in China, says former assistant U.S. trade representative Jeff Moon.
Economy

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The Briefing Room: Celebrating H.W. Bush, US Markets and China tariffs, Mueller investigation

ABC News

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Trump touts relationship with China after pause on tariff war

Fresh off this weekend’s agreement for a pause in the tariff war between the US and China, President Trump touted the accomplishment and said he believes he can work with China’s Xi Jinping and Russia’s Vladimir Putin to curb the nuclear arms race. “I am certain that, at some time in the future, President Xi…
Business | New York Post

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China wants to strengthen partnership with Portugal – Xi

China wants to strengthen its
relations with Portugal through a strategic partnership that
aims to take advantage of the Iberian country’s important
location along Beijing’s road and belt initiative, China’s
President Xi Jinping wrote on Sunday.


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U.S., China agree trade war ceasefire after Trump, Xi summit

China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on Jan. 1.


Reuters: Business News

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Trump Tells GM to Open Ohio Plant and Stop Output in China

General Motors plans to cut up to 14,800 jobs and end production at certain plants, marking the auto maker’s first significant downsizing since bankruptcy as it tries to adjust to lower demand for passenger cars. President Trump said GM should stop making cars in China and make them in the U.S. instead, in an exclusive WSJ interview.
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The Walking Dead is Going to China, But Not the Way You Think

A new Walking Dead novel is expanding the series’ universe into China.

Announced by Skybound Books, The Walking Dead: Typhoon, written by Wesley Chu (The Lives of Tao, Time Salvager), follows a group of survivors that work together to face a “wave of walkers in the most populous country in the world.” Skybound says Chu will bring a fresh perspective on societal decay and decomposing flesh established in Robert Kirkman’s comic series.

“Our goal at Skybound Books has been to give novelists the same creative platform and freedom to tell engaging genre stories that we already have in place across comics, film, television, and games,” said Skybound SVP Sean Mackiewicz. “Plus, after 15 years, we’re about to answer one of the biggest questions The Walking Dead fans have had since the beginning: what’s happening to the rest of the world? That we can expand The Walking Dead universe with talented authors like Wesley Chu will allow walkers to truly become an even greater global phenomenon than ever before!”

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Trump on China: ‘I like the deal we have now’

Associated Press

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Scientists, officials in China abhor gene editing that geneticist claims

Chinese officials and scientists denounced on Tuesday the claims of a geneticist who said he had created the first gene-edited babies, and a hospital linked to his research suggested its ethical approval had been forged.


Reuters: Science News

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China to allow overseas firms to participate in credit info system-China Daily

China will allow overseas
credit information firms to participate in a nationwide credit
information monitoring system that the central bank is building,
the China Daily newspaper reported on Thursday, citing a senior
central bank official.


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Disney gets approval from China for its Fox acquisition, sending shares of both companies up

The deal still needs regulatory approval from several countries, but the unconditional Chinese approval marks a big hurdle for Disney
Top News & Analysis

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China Bars Dissident From Accepting U.S. Human Rights Award

Vivek Prakash/Getty

A pro-democracy activist from Hong Kong has been barred from traveling to the United States to receive a major human rights award, according to court documents reviewed by The Daily Beast.

Joshua Wong, who led major student protests against Beijing in 2014, was sentenced in January to three months in prison for his role leading the demonstrations.

He is appealing the conviction, and out on bail. As a condition of his bail, Wong surrendered his passport to the court. Documents show the court has denied his request to travel to the United States to receive the Lantos prize, an award from an American foundation honoring former House Foreign Affairs Committee chair Tom Lantos. Prior recipients of the prize include Hillary Clinton, the Dalai Lama, and Elie Wiesel. Wong, whose activist work was the subject of a 2017 Netflix documentary, would have accepted the award in Washington next month had he been able to travel.

Read more at The Daily Beast.

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Exclusive: China sends written response to U.S. trade reform demands – sources

China has delivered a written response to U.S. demands for wide-ranging trade reforms, three U.S. government sources said on Wednesday, a move that could trigger negotiations to bring an end to a withering trade war between the world’s top economies.


Reuters: Top News

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China Inflation Data Due On Friday

China will on Friday release October figures for consumer and producer prices, highlighting a modest day for Asia-Pacific economic activity. In September, consumer prices were up 2.5 percent on year and producer prices were up 3.6 percent.
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Portugal to build satellite launch pad, lab with China

Portugal plans to build an international launch pad for small satellites in the Azores and has agreed with China to set up a joint research center to make satellites on the mainland, its science and technology minister said on Tuesday.


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Tea and history: an evocative brew in Chengdu, China

This centuries-old teahouse in Sichuan province and its regulars are a world away from China’s modern megacities

Out in the western suburbs of Sichuan’s capital, Chengdu, the town of Pengzhen is home to what’s said to be the oldest teahouse in China. About 300 years old, the Guanyin Pavilion is at the heart of a tiny community of historic streets where, against a tide of rapid modernisation, the local population proudly preserves its heritage and traditional way of life.

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Travel | The Guardian

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Trade war, spy claims cloud horizon for China airshow

Trade frictions with the United States and accusations of industrial espionage are set to cast a cloud over China’s largest aerospace meeting this week, as suppliers consider what the country’s slowing economy could mean for booming jet demand.


Reuters: Business News

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China says must balance stable growth and risk prevention

China must balance the need for stable growth while managing risks and maintain a prudent and neutral monetary policy, the State Council, the country’s cabinet, said on Sunday following a meeting of top economic and financial policymakers.


Reuters: Business News

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Trump takes aim at postal treaty in latest spat with China

WASHINGTON — President Trump on Wednesday opened up a new front in the trade war with China, this time on postage rates. The White House announced that it intends to withdraw from an “unfair” Universal Postal Union treaty that allows countries like China to send small packages to the US at steeply discounted rates. The…
Business | New York Post

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John Cena – “Elbow Grease” & Bringing the WWE to China | The Daily Show

The Daily Show with Trevor Noah

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Larry Kudlow suggests some CEOs may be using China tariffs as an excuse for poor performance

Kudlow, who declined to call out any companies by name, says he wanted to express his skepticism because CEOs "love to blame other factors."
Economy

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US Homeland Security says no reason to doubt firms’ China hack denials

"Like our partners in the UK, the National Cyber Security Centre, at this time we have no reason to doubt the statements from the companies named in the story," the Department of Homeland Security said in a statement.
Top News & Analysis

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DHS says no reason to doubt firms’ China hack denials

The U.S. Department of Homeland Security said on Saturday it currently had no reason to doubt statements from companies that have denied a Bloomberg report that their supply chains were compromised by malicious computer chips inserted by Chinese intelligence services.


Reuters: Technology News

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