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  1. amoy

    China Economy: News & Discussion

    I did see cows along Esplanade metro station along Chowrongee - a main Street of Calcutta. In the centre of Udaipur around the City Palace I had to make do with the so-called Rajasthan pizza. I was told all veggie foods since residents in the downtown were all "pious" Hindus. I couldn't...
  2. amoy

    China Economy: News & Discussion

    Kaldi Creator Daniel Povey Joins Xiaomi in Beijing https://syncedreview.com/2019/10/17/kaldi-creator-daniel-povey-joining-xiaomi-in-beijing/ Beijing (PingWest)- Daniel Povey, the main developer of the widely-used open-source speech recognition toolkit Kaldi, tweeted on Friday that he is likely...
  3. amoy

    China Economy: News & Discussion

    Alibaba Closes Books Early for Hong Kong Listing Amid Strong Demand https://www.caixinglobal.com/ Planned $13.4 billion secondary offering would be the world’s biggest so far this year, though Saudi Aramco may soon take the top spot
  4. amoy

    China Economy: News & Discussion

    I think India's exit from the RCEP deal makes good sense. Many cite China's entry to WTO to liberalize her economy as a successful precedent. But that's hardly applicable for India which is promoting ""Make in India"" nor does Modi / the ruling BJP garner consensus across the Indian society...
  5. amoy

    China Economy: News & Discussion

    The Russia-China Investment Fund is working to attract Chinese investors for Saudi Aramco's planned initial public offering, the head of Russia's RDIF sovereign wealth fund said on Thursday...
  6. amoy

    China Economy: News & Discussion

    China issues its first euro-denominated sovereign bonds in 15 years https://www.ft.com/content/7a4fdd8a-fbb4-11e9-a354-36acbbb0d9b6 · China is poised to raise up to €4bn from the country’s first euro-denominated sovereign bond issuance in 15 years, as Beijing seeks to take advantage of...
  7. amoy

    China Economy: News & Discussion

    TikTok Under U.S. National Security Investigation, According To Reports U.S. authorities have opened a national security investigation into TikTok and its owner, Chinese tech company ByteDance, Reuters reported Friday, another sign that lawmakers continue to worry about China’s influence on the...
  8. amoy

    China Economy: News & Discussion

    CAN VIETNAM REPLACE CHINA AS A GLOBAL MANUFACTURING HUB? https://www.cnbc.com/2019/10/29/trade-war-can-vietnam-replace-china-as-a-global-manufacturing-hub.html KEY POINTS Vietnam has been a favored destination for shifts in trade flows and supply chains due to the U.S.-China trade war. Some...
  9. amoy

    China Economy: News & Discussion

    China's high-speed railway connecting Beijing and Shanghai submitted an application to the country's stock regulator for a public listing. The China Securities Regulatory Commission (CSRC) disclosed the filing information on its website, showing it received the Jinghu Expressway Railway...
  10. amoy

    China Economy: News & Discussion

    China is almost an cashless society and one with a smartphone alone is able to survive everywhere. PayPal isn't competitive Imo. https://edition.cnn.com/2019/09/30/tech/paypal-gopay-china-payments/index.html China's central bank has approved PayPal's (PYPL) acquisition of a 70% equity...
  11. amoy

    China Economy: News & Discussion

    Carrefour sells China business to Suning.com The purchase price for the acquisition of 80 percent of Carrefour China shares is 4.8 billion renminbi, or 620 million euros," it said, indicating the deal was expected to be completed by the year's end...
  12. amoy

    China Economy: News & Discussion

    Samsung ends mobile phone production in China https://news.cgtn.com/news/2019-10-03/Samsung-ends-mobile-phone-production-in-China-KtWLxOe5DG/index.html Samsung's share of the Chinese market shrank to one percent in the first quarter from around 15 percent in mid-2013, as it lost out to...
  13. amoy

    China Economy: News & Discussion

    Chinese textile manufacturer's investment thrives in Ethiopia https://news.cgtn.com/news/2019-09-24/Chinese-textile-manufacturer-s-investment-thrives-in-Ethiopia-KfxyLR6oGQ/index.html According to MOFCOM, the total of FDI outflows worldwide in 2018 decreased by 29 percent year on year, falling...
  14. amoy

    China Economy: News & Discussion

    China Yangtze to buy Peru's largest electric company for $3.59 bln https://news.cgtn.com/news/2019-10-01/China-Yangtze-to-buy-Peru-s-largest-electric-company-for-3-59-bln-Krr6gZAmWI/index.html China Yangtze Power International (CYP) has agreed to buy Peru's largest electric company Luz del...
  15. amoy

    China Economy: News & Discussion

    Changsha Maglev Express 2.0 CRRC says that on 2 August, the speeding-up tests for Changsha’s second-generation maglev train began. The maglev has been developed in four stages: conceptual design component testing assembly integration test verification The speeding-up tests are the final aspect...
  16. amoy

    China Economy: News & Discussion

    9 Things You Need to Know About Beijing’s Enormous New Daxing Airport https://www.chinadiscovery.com/beijing-tours/beijing-transportation/beijing-daxing-international-airport.html Beijing Daxing International Airport is Beijing’s second international airport which will be the largest airport...
  17. amoy

    China Economy: News & Discussion

    When u speak of ETHICS u shall check and respect FACTS above all, instead of being a loose cannon! ZTE wasn't held for "espionage" or "rip-off" as u blabbered. ZTE was accused of following related to IRAN transactions ~~~ ZTE violated U.S. sanctions over a six-year period beginning in 2010...
  18. amoy

    China Economy: News & Discussion

    FDI to Vietnam increases 28.6 pct in first 4 months of 2019FDI to Vietnam increases 28.6 pct in first 4 months of 2019 HANOI, May 3 (Xinhua) -- Vietnam attracted foreign direct investment (FDI) of over 7.4 billion U.S. dollars in the first four months of this year, witnessing a year-on-year...
  19. amoy

    China Economy: News & Discussion

    Here's my take on the ongoing trade disputes: China used to be a manufacturer of low end labor intensive products. Footwear, garments, minerals.... At the very beginning China was even an exporter of crude OIL. But as time goes by Chinese have gained know-how and climbed up the value chain...
  20. amoy

    China Economy: News & Discussion

    Things have got rather ugly. Time and again the bubble of West supremacy goes bust of business conduct. FedEx Apologies for 'Inadvertently' Mishandling Huawei Packages FedEx Corp. (FDX - Get Report) issued an apology Tuesday for mishandling packages destined for Huawei Technologies amid...
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