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China ZTE Sanctioned News - Caixin Global

Telecom equipment maker falls foul of Washington again, after failing to follow through on agreement to discipline employees who sold products to Iran in violation of U.S. sanctions.

ZTE Hit by 7-Year U.S. Ban on Tech Exports

Telecom equipment company is accused of making false statements in last year’s settlement for violating U.S. sanction laws

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09 11, 2020 15:36 PM

Chinese Semiconductor Firm 3Peak Looks to Raise $339 Million in STAR Market IPO

Firm said it will use the proceeds for analog products and tools, its research center, and operating funds

09 08, 2020 23:47 PM

China Business Digest: China May Regulate Online Health-Care Mutual Aid Platforms; ByteDance Plans Bonuses to Thank Employees Amid Turmoil

Nongfu Spring shares surge in HK debut; Founder Group won’t recognize $1.7 billion of bond issued by its HK unit; Chinese distiller Jiangxiaobai raises $300 million

08 31, 2020 21:23 PM

China Business Digest: Nongfu Spring Prices HK IPO at Top of Range; Bank of China Profit Drops 11.5%

New export restrictions cast uncertainty over TikTok’s sale of U.S. assets; two more state-owned banks join China’s digital currency experiment; Citic won’t name HK CEO

08 31, 2020 20:16 PM

L.A.-Hong Kong Internet Cable Sits Unused After U.S. Flags Security Threat

Google and Facebook-backed plan put on hold due to concern over local partner company amid deteriorating U.S.-China relations

08 28, 2020 17:07 PM

Curbs Against Chinese Firms Pose Challenge for India’s Telecom Firms

Move to decouple the two economies will not be easy and will add to financial stress, analysts say

08 28, 2020 09:16 AM

CX Daily: Walmart Joins Microsoft in Bid for TikTok

China’s first personal bankruptcy legislation is set to take effect next March. Huawei, ZTE lose patent cases at the U.K. top court

08 27, 2020 20:32 PM

China Business Digest: Walmart Joins Microsoft Bid for TikTok; Huawei Buys More in Japan Amid U.S. Sanctions

Nation’s first personal bankruptcy law to take effect in March; Tianjin-backed developer’s debt woes deepen with bond default; Xpeng raises $1.5 billion

08 27, 2020 02:25 AM

Huawei Loses U.K. Top Court Ruling Over Global Patent Rates

Supreme Court says British judges can set global telecom royalty payments while rejecting Huawei and ZTE argument that Chinese courts should have that power

08 26, 2020 21:11 PM

China’s Rare Earth Exports Fall to Over Five-Year Low as Pandemic Devastates Demand

Year-on-year slump of two-thirds in July is due to pandemic’s impact on demand for vital minerals, official says

08 26, 2020 20:06 PM

China Business Digest: U.S. Sanctions Chinese Companies Over South China Sea; Vanguard Repositions in Asia

JPMorgan to pay $1 billion for the remaining 49% of its China mutual fund venture; hotpot giant Haidilao had a $100.6 million first-half loss amid pandemic

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