Australia has banned Chinese telecom firm Huawei from being a supplier of equipment for the country’s 5G broadband network, the company announced Thursday. Huawei had attempted to soothe law... Read more
A Chinese delegation arrived at the US Treasury Department on Wednesday for the start of the first round of trade negotiations between US and Chinese officials in more than two months, Reute... Read more
China outbound tourism surge continues
Tourists from the Chinese mainland made more than 71 million overseas during the first half of 2018, an increase of 15% year-on-year, the South China Morning Post reports. Chinese online tra... Read more
Chinese non-financial issuers sold just $2.9 billion of offshore bonds in July, less than one-fifth the amount sold during the same period last year, as concerns over rising numbers of defau... Read more
Xiaomi posts strong profits growth in second quarter
Chinese smartphone maker Xiaomi has bounced back from a tepid initial public offering in Hong Kong last month by posting strong financial results for the second quarter, the Financial Times... Read more
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