China has recently taken a decision to prohibit Apple from offering the company's iTunes Movies and iBook Store services. Some experts are of the view that China may eventually shut out the world's most valuable company from the country.
There is no doubt that the United States and Europe are far ahead in technology related to self-driving car development, but China is trying to catch up with them with a controlling structure that may put the country ahead in the race.
China is taking steps to prevent more businesses from being victimized by illegal fundraising after a massive number of suspects were caught and punished last year.
Apple took a double whammy beating from China this week. First, China’s censors ordered the closure of Apple’s online book and movie services, and second, weak sales in the Asian giant was partly responsible for the 13 percent decline in Q1 revenues of the iPhone maker.
Sports utility vehicles (SUVs) and electric cars are expected to be the crowd drawers for the 2016 Beijing Auto Show, which opened on Monday.
Good news to Bank of America clients, as the American banking and financial services corporation introduced a technology that would enhanced the security of their client’s information.
Apple CEO Tim Cook revealed during quarterly earnings call on Tuesday that Apple Music now has 13 million subscribers. The music streaming service has added 2 million subscribers since February this year.
China's banking regulator directed seven Shanghai-based banks to suspend their mortgage businesses for two months because they violated lending rules. Six real estate firms are also prevented for one month from transacting with commercial banks in the city.
Confident that the sales trend from two previous quarters will continue, Volkswagen AG China chief Jochem Heizmann said on Sunday, April 24, that it plans to invest 4 billion euros ($4.49 billion) with its joint venture partners this year, according to a report by Reuters.
While China's white-collar employees are enjoying deeper pockets than their Asian peers, the country's labor cost competitiveness may be losing its luster.
Fiat Chrysler aka FCA recently announced it will voluntarily recall over 1.1 million vehicles worldwide.
Google and Microsoft are calling a truce after the two biggest tech companies dropped regulatory complaints against each other and agreed to settle issues between themselves.
On Thursday, German automaker Volkswagen has finally reached a settlement to repair or buy back nearly half a million diesel cars involved in the dieselgate scandal. The deal also covers setting up consumer and environmental and compensation funds that conform with the U.S. Environmental Protection Agency.
China's three biggest telecommunication companies are about to face a fourth contender with state-owned CBN receiving the green light from the MIIT to compete against existing major telcos.
China’s economy would likely continue to grow at a rate “enviable” to other major economies for the next 20 years, Alibaba founder and executive chairman Jack Ma said, as he presented sensible arguments about China’s economy in an interview published on Thursday, April 21, on his newly purchased Hong Kong newspaper, the South China Morning Post.
