Archive for February 28th, 2019

Xiaomi sets up artificial intelligence and big data departments to sharpen focus in tech race

28-Feb-2019 Intellasia | South China Morning Post | 6:00 AM

Xiaomi, the world’s fourth-biggest smartphone maker, announced the creation of three artificial intelligence-related departments in another reshuffle to transform the [...]
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US Army estimates Russian capability will peak in 2028, China’s in 2030

US Army estimates Russian capability will peak in 2028, China’s in 2030

28-Feb-2019 Intellasia | Reuters | 6:00 AM

The US Army estimates the Russian army’s military capabilities will peak in 2028, closely followed by the Chinese around 2030, giving the United States almost a decade [...]
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IMAX posts first drop in annual profit since 2016 as investments in expansion outpaced growth in box-office receipts

28-Feb-2019 Intellasia | South China Morning Post | 6:00 AM

IMAX China Holding, a unit of the Canadian company that patented wide-format film, posted its first decline in annual earnings since 2016, as its investments for expanding [...]
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China’s CDH targets raising $1 billion in venture capital arm sources

28-Feb-2019 Intellasia | Reuters | 6:00 AM

China’s CDH Investments is aiming to raise nearly $1 billion in dollar and yuan funds through its venture and growth capital arm to invest in sectors including [...]
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China urges ‘objective’ view of Xinjiang after Turkey criticism

28-Feb-2019 Intellasia | Reuters | 6:00 AM

Countries should take an “objective” view of Chinese policy in Xinjiang and stop saying the wrong thing, China’s government said on Wednesday, after Turkey [...]
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Shanghai to Beijing high speed rail operator may be readying for an IPO this year, documents show

28-Feb-2019 Intellasia | South China Morning Post | 6:00 AM

The operator of the high-speed railway linking Shanghai and Beijing has taken its first step towards a mainland initial public offering after receiving pre-listing tutorial [...]
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Beijing’s capital controls are weighing on Chinese investors looking to buy property abroad

28-Feb-2019 Intellasia | CNBC | 6:00 AM

* Chinese investors are keeping unchanged or even reducing the amount of money they allocate for overseas property, according to a survey by global real-estate services [...]
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China to face ‘pain’ in meeting US trade war demand on cybertheft, but will Beijing yield?

28-Feb-2019 Intellasia | SCMP | 6:00 AM

* A key part of the tension between the two nations revolves around American allegations of widespread Chinese cyber intrusion and cybertheft * Last year, the US Department [...]
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Huawei, Samsung agree to settle patent dispute in US court

28-Feb-2019 Intellasia | Reuters | 6:00 AM

China’s Huawei Technologies and South Korea’s Samsung Electronics have agreed to settle a two-year old patent dispute in the United States, court documents show. [...]
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Commentary: US trade negotiators risk underestimating China

28-Feb-2019 Intellasia | CNA | 6:00 AM

The US economy’s current strength appears fleeting. Its short-term resilience is already faltering and, in view of worrisome long-term fundamentals, may fade further, [...]
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Chinese EV maker BYD says 2018 preliminary profit down 31pct, blames competition

28-Feb-2019 Intellasia | Reuters | 6:00 AM

Chinese electric vehicle maker BYD Co Ltd reported preliminary net profit for 2018 that was 31.4 percent lower than a year earlier, pinning the blame on intensifying [...]
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Declining home sales in smaller Chinese cities during Lunar New Year point to longer term troubles

28-Feb-2019 Intellasia | South China Morning Post | 6:00 AM

Property developers in China’s tier 3 and 4 cities have reported disappointing home sales during the traditional Lunar New Year buying season this year. And their [...]
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Chinese couple accused of killing daughter’s stalker await decision in self-defence row

28-Feb-2019 Intellasia | South China Morning Post | 6:00 AM

Judicial authorities in northern China are caught in a debate over the right of self-defence as they deliberate trying a couple arrested for killing their daughter’s [...]
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China’s economic policy dilemma increases as boosting growth is eating into local government coffers

28-Feb-2019 Intellasia | South China Morning Post | 6:00 AM

While Bank of Jiangsu, Guangzhou Automobile and Weichai Power applauded China’s cut in value-added tax last year designed to help companies sustain growth during the [...]
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Rising Chinese political star Wang Junzheng confirmed in Xinjiang security role

Rising Chinese political star Wang Junzheng confirmed in Xinjiang security role

28-Feb-2019 Intellasia | South China Morning Post | 6:00 AM

Wang Junzheng, one of the Chinese Communist Party’s rising stars, has officially taken over as the party secretary in charge of law and order in Xinjiang. Xinjiang [...]
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