China's Ministry of Commerce approved Google's $12.5 billion purchase of Motorola Mobility Holdings over the weekend on condition that Google's Android smartphone operating system will remain free and open to all handset makers over the next five years. "Given Google's dominant position in the smartphone operating system sector, it might treat Motorola favorably after the [...]
The United States is trying to spoil relations between Beijing and Taipei by deliberately playing up the imbalance in their military power in a Pentagon report, the Defense Ministry said on Monday. Moreover, the report also serves as an excuse to sell 66 US F-16 jets to Taiwan, ministry spokesman Geng Yansheng said in a [...]
(Beijing) – Private investors in Wenzhou may be able to cash in on local infrastructure building as the government moves ahead with reforms to invigorate and guide private investment. The city is about to launch an ambitious light rail project that requires an initial investment of 7 billion yuan. The government would pay half of [...]
China is to build an international cooperation demonstration zone in Hunchun, Jilin Province, with the aim of boosting exchanges, cooperation and stability in Northeast Asia, officials said in Beijing yesterday. The zone in Hunchun, a port bordering Russia and North Korea, will cover 90 square kilometers and enjoy national preferential policies ranging from taxes and [...]
WHILE austerity in Europe faces increasing social resistance, in principle it has the merit of simplicity. As the debate on fiscal consolidation versus growth intensifies, it is clear there is little agreement on how to kick-start the economy, beyond fielding broad stimulus packages. One idea is that environmental technology might feed a virtuous cycle of [...]
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