Edition:
United States

Brenda Goh

China's iQiyi looks abroad after hitting 100 million paying subscribers

Jun 25 2019

(This June 24 story corrects to add company clarification that iQiyi's partnership with Netflix has ended, not ongoing. Removes quote which suggested that partnership was ongoing.)

Alibaba puts CFO in charge of investment in major management reshuffle

Jun 18 2019

BEIJING/SHANGHAI China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks to bolster its investment focus in the face of slowing growth.

Awake at the wheel: Automakers tap VR to banish boredom in autonomous cars

Jun 14 2019

SHANGHAI Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertained, auto industry executives said.

China's new measures to spur car sales fall short of expectations

Jun 06 2019

BEIJING China announced a series of measures on Thursday to revive slumping car sales, but failed to meet market expectations as it included no plans to relax controls over the issuance of new licenses for traditional-fuel cars in major cities.

Samsung Electronics to cut China phone output as market share sinks

Jun 05 2019

SEOUL/SHANGHAI South Korea's Samsung Electronics Co Ltd said on Wednesday it plans to cut production at a smartphone plant in China, as competition from domestic rivals squeezes its share of the world's biggest smartphone market to less than a paltry 1%. | Video

China fines Ford's Changan venture $24 million for antitrust violations

Jun 05 2019

SHANGHAI China's market regulator fined Ford Motor Co's main local joint venture 162.8 million yuan ($23.55 million) on Wednesday for violating anti-monopoly laws, the latest automaker with foreign partners to face such penalties.

U.S. firms fret as China's FedEx probe, planned hit-list heightens trade frictions

Jun 04 2019

SHANGHAI The sudden deterioration in trade talks between the United States and China last month has ratcheted up concerns among U.S. firms that the dispute could go beyond tariffs and affect business in the long-term.

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