Archive for May 9th, 2019

China building third aircraft carrier: think tank

China building third aircraft carrier: think tank

09-May-2019 Intellasia | AFP | 6:00 AM

Recent satellite photographs indicate China’s construction of its third aircraft carrier is well underway, a Washington think tank reported Tuesday. ChinaPower, a unit [...]
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Is she their prisoner or their boss? Huawei CFO Meng Wanzhou’s private jailers act like bodyguards, obstructing and photographing journalists

09-May-2019 Intellasia | South China Morning Post | 6:00 AM

The guard was in a semi-crouch behind a boat parked in its trailer, but there was no mistaking what she was doing surreptitiously photographing us with a smartphone, as we [...]
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Chinese cash fuels vast luxury car laundering scheme in Canada

09-May-2019 Intellasia | South China Morning Post | 6:00 AM

Chinese wealth and demand for luxury cars is fuelling a vast money laundering and tax avoidance scheme in Canada, involving thousands of fake local buyers of vehicles that [...]
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Chinese fintech firms cosy up to banks as collaborators instead of disrupters they shift towards retail banking

Chinese fintech firms cosy up to banks as collaborators instead of disrupters they shift towards retail banking

09-May-2019 Intellasia | South China Morning Post | 6:00 AM

Chinese companies that are engaged in financial technology, or fintech, are increasingly collaborating with banks, some of them even helping banks acquire retail customers, [...]
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China says its April trade surplus was $13.84 billion, far below expectations

09-May-2019 Intellasia | CNBC | 6:00 AM

* China’s overall trade surplus posted a big miss in April, coming in at $13.84 billion, customs data showed. That was far lower than the $35 billion economists polled [...]
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Escalating US-China trade tensions has ‘raised the stakes’ for both sides: Barclays

09-May-2019 Intellasia | Finance | 6:00 AM

The escalation of the trade battle between the US and China has raised the stakes for both sides of the dispute but it’s too early to gauge the potential fallout, [...]
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Trade war pushing companies from China to Vietnam, but experts warn they may have missed the boat

09-May-2019 Intellasia | South China Morning Post | 6:00 AM

When Ernie Koh first opened a production plant in Vietnam in 1993 to manufacture furniture, the Southeast Asian nation was not on the radar of many manufacturers, but a [...]
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Chinese Porsche driver loses licence after listening to fortune-teller

09-May-2019 Intellasia | South China Morning Post | 6:00 AM

A superstitious motorist in eastern China who waited for “an auspicious day” to put number plates on his new Porsche has temporarily lost his driving licence and [...]
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Donald Trump is a business ‘killer’ who ‘never plays by the rules’, say Chinese exporters after tariff threat

Donald Trump is a business ‘killer’ who ‘never plays by the rules’, say Chinese exporters after tariff threat

09-May-2019 Intellasia | South China Morning Post | 6:00 AM

US President Donald Trump is a business “killer” who “never plays by the rules”, according to China’s manufacturers who have been left reeling [...]
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Tencent pulls blockbuster game PUBG in China, launches patriotic alternative

09-May-2019 Intellasia | Reuters | 6:00 AM

* Year-plus wait for approval to earn money from PUBG continues * Tencent launches “Game for Peace”, analysts say resembles PUBG * Users say PUBG data transferred [...]
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Tencent pulls blockbuster game PUBG in China as regulatory approval proves elusive

09-May-2019 Intellasia | Reuters | 6:00 AM

Tencent Holdings Ltd said on Wednesday it will stop offering in China its test version of global best-selling video game “PlayerUnknown’s Battlegrounds” [...]
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Chinese spies stole NSA hacking tools, report finds

09-May-2019 Intellasia | CNN | 6:00 AM

Chinese hackers acquired and used National Security Agency hacking tools in 2016 and used them to carry out cyberattacks, a new report has found. In the report, the [...]
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‘China has more to lose’ if US trade negotiations unravel: Expert

09-May-2019 Intellasia | Finance | 6:00 AM

An expert on China says the country is facing greater consequences than the US, if trade negotiations fall through between the world’s two largest economies. [...]
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Japan’s emperor reports to Shinto gods week after succession

09-May-2019 Intellasia | AP | 6:00 AM

Japan’s Emperor Naruhito performed a Shinto ritual at the palace Wednesday to report to imperial family gods the plans for the main ceremonies of his succession later [...]
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Japan’s labour shortage eats away at back-breaking work culture

Japan’s labour shortage eats away at back-breaking work culture

09-May-2019 Intellasia | Reuters | 6:00 AM

When she worked in sales for a Japanese bank, Chihiro Narazaki was passed over for the best assignments in favour of older colleagues. Her input was discouraged and she often [...]
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