U.S. President Barack Obama pressed China's Xi Jinping during recent talks on the use of Chinese antitrust policy to limit royalty fees for foreign companies, an issue at the heart of a probe into U.S. mobile chipset maker Qualcomm Inc.
China
Xiaomi raising over $1 billion from investors including GIC
China's Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.
Uber business model faces legal scrutiny in Taiwan, Chinese mega city
Uber Technologies Inc is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that it and its drivers are not appropriately licensed, adding to a string of official complaints aimed at the fast-growing U.S. start-up.
China tells U.S. opposes all forms of cyber attacks, 'terrorism'
China opposes all forms of cyberattacks and cyber "terrorism", the country's foreign minister told U.S. Secretary of State John Kerry on Sunday.Foreign Minister Wang Yi made the remarks in a telephone call with Kerry on Sunday night, according to a statement posted on the foreign ministry's website on Monday.
China's JD.com to sell Gap clothing, vying with Alibaba to woo Western brands
China's JD.com Inc (JD.O) has partnered Gap Inc (GPS.N) to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd (BABA.N) to woo big foreign fashion names.
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China is unhappy with the U.S. spending bill passed by the House of Representatives last week, saying it contains discriminatory clauses that violate the rules of fair trade and "send the wrong signal".
The court order that banned Chinese mobile maker Xiaomi from selling its phones in India has halted its breakneck expansion into the world's fastest growing major smartphone market and could be just the start of a string of patent challenges.
Chinese financial firms are targeting purchases of distressed banking assets coming on the market in Europe, having been urged by Beijing to expand their reach beyond emerging markets.
China's economic growth could slow to 7.1 percent in 2015 from an expected 7.4 percent this year, held back by a sagging property sector, the central bank said in research report seen by Reuters on Sunday.
China's economy showed further signs of fatigue in November, with factory growth slowing more than expected and investment expansion hovering near a 13-year low, putting pressure on policymakers to unveil stronger stimulus measures.
Sony Corp should fear China's censors almost as much as rival Microsoft Corp as it prepares to unveil the price and release date of its PlayStation 4 gaming console in the world's third-largest gaming market.
China has told its banks to issue more loans in the final months of 2014 and has relaxed limits on their loan-to-deposit ratios to help hit a record new lending target as the government steps up efforts to lift flagging economic growth.
Chinese mobile chat app firm Momo Inc, backed by Alibaba Group Holding Ltd, said its CEO will fight allegations of misconduct and corruption made by his former employer, as it prepares to debut on Nasdaq.
The share of mobile transactions on Alipay, the online payment platform affiliated with Alibaba Group Holding Ltd, jumped to 54 percent of all transactions in the first 10 months of the year from 22 percent during the whole of last year, the company said.
