China’s Cosco Eyes Veto Rights in Deal for Li Ka-shing’s Ports

[ad_1] China’s largest transport firm is about to hitch the worldwide consortium that’s buying Hong Kong tycoon Li Ka-shing’s abroad ports, and is requesting a strong function within the group so as to safe Beijing’s blessing for the controversial deal, folks aware of the matter mentioned. State-owned China Cosco Delivery Corp. is asking to have … Read more

China’s smartphone champion has triumphed the place Apple failed

[ad_1] Ever since he co-founded Xiaomi in 2010, Lei Jun, the chief government of the Chinese language tech big, has pulled off feat after feat of salesmanship. A decade in the past he earned a Guinness World File for promoting 2.1m smartphones on-line in 24 hours. Today, although, he is not only flogging low-cost telephones. … Read more

China’s deflationary slide worsens as companies spiral into price wars

The urban skyline and cityscape in Shanghai China. Lu Shaoji | Moment | Getty Images BEIJING — From coffee to cars to real estate, there’s a recurring pattern in China: companies rush into an industry, then resort to discounts to stay afloat. That has economists worried. Natixis’ study of 2,500 listed Chinese companies reinforce how … Read more

China’s Quant Funds Boost US Recruiting After Trump’s Visa Curbs

[ad_1] Chinese quantitative hedge funds are stepping up efforts to hire science and engineering students in the US affected by President Donald Trump’s university funding cuts and tighter visa policies. Shanghai-based Mingshi Investment Management launched a special program last month to offer full-time jobs to students unable to finish their PhDs due to the recent … Read more