Chinese government have been putting on very strict control on the internet by great firewall of China system for years and lots of foreign websites or Chat software were blocked in China
US Senate approves Trump’ tax Bill overhaul WASHINGTON – The US Senate on Saturday approved a sweeping tax overhaul, moving Republicans and President Donald Trump a major step closer to their goal of slashing taxes for businesses and the rich while offering everyday Americans a mixed bag of changes. In what would be the largest…
Inside the Wal-Mart vs. Amazon Battle Over Black Friday Wal-Mart Stores Inc. and Amazon.com Inc. battled to capture spending over the holiday weekend, as the shifts that have upended the retail industry this year were on display: fewer people visited traditional stores on Thanksgiving and Black Friday while online purchases continued to surge. On Thanksgiving…
China is cracking down on Skype and it yanked from app stores today China is cracking down on Skype. Apple has yanked the online video calling app and other voice over internet protocol (VoIP) products from its App Store in China. “We have been notified by the Ministry of Public Security that a number of VoIP apps…
Euro steadies after big drop as markets look beyond politics The euro steadied on Tuesday after registering its biggest daily fall in the previous session as investors looked beyond Germany’s political impasse to focus on the euro zone’s still robust economy. With major currencies closeted in tight trading ranges in a lackluster session in a…
Alibaba Group’s First Overseas eWTP Hub Goes Live in Malaysia Alibaba Group Executive Chairman Jack Ma and Malaysian Prime Minister Dato’ Sri Najib Tun Razak hit the gong to signal the first eWTP hub outside of China has gone live in Malaysia’s Digital Free Trade Zone Alibaba Group Executive Chairman Jack Ma and Malaysian Prime…
Trump visit China binging US more business deals with China China have signed a series of multibillion-dollar business agreements during President Donald Trump’s visit in a tradition aimed at blunting criticism of Beijing’s trade policies. Commerce Minister Zhong Shan said agreements signed Thursday at a ceremony attended by Trump and his Chinese counterpart, Xi Jinping,…
China's 19th Communist Party Congress closes The Communist Party will convene its week-long Nineteenth National Congress in Beijing on Wednesday. Xi Jinping, just proclaimed “the world’s most powerful man” by the Economist, looks like he has set in motion a chain of events that will lead to the end of China’s one-party state. Expect a period of intense…
Alibaba Group to Invest $15 Billion Establishes New DAMO Academy Research Institute More than $15 billion will be invested by Alibaba Group into global research and development program called Alibaba DAMO Academy. Alibaba Group will recruit 100 researchers for this program to achieve their goal of serving two billion customers and creating 100 million jobs…
Putin orders end to trade in US dollars at Russian seaports Russian President Vladimir Putin has instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, according to the Kremlin website. To protect the interests of stevedoring companies with foreign currency obligations, the government…
China supplier is suffering cost rising & exchange rate droping Recently export supplier in China is facing two big pressures. One is the cost rising and one is the exchange rate. The Chinese government started a strict environmental checking on most raw material manufactures 3 months ago. This caused a lots of factories which is not qualify…
Today is Eid Al-Adha in Muslins countries in the world. All Muslims are celebrating this great festival.
RMB to USD exchange rate break 6.6 The exchange rate between RMB and USD break 6.6 from yesterday. Up to now it is 6.5695. This means before you can spend USD100 to buy goods that worth RMB660 from China and now it can only buy goods worth RMB656 which is smaller. The rate keep dropping since…
Biggest typhoon “Tropical Storm Hato“ attack South China, most port shut down Biggest typhoon “Tropical Storm Hato” attack South China yesterday, most port in the south shut down. Some ports were flood by big water and containers in the port fall down into the water and get damaged. Welcome to contact us Your Email(Will not display…
The US fired the first shot in a trade war with China buy using 301 The US has initiated an investigation into China’s theft of US intellectual property (IP) using Section 301 of the Trade Act of 1974. What that boils down to is that the US just fired the first shot in a trade…