China let through the first shipments of beef from the United States in 14 years on Friday, after the two nations agreed to resume the trade in May, state media reported. The imports were brought in by Cofco Meat Holdings from U.S. meat processor Tyson Foods, China National Radio reported on Friday, citing Beijing Entry-Exit […]
Read moreChina will again host the World Economic Forum’s annual June meeting, often called Summer Davos, and innovation is in the spotlight. The world’s second-largest economy has made waves recently with its fast-growing tech sector, marking what experts say is a noticeable shift away from the old image of a copycat China. And it’s a move […]
Read moreFor centuries, innovation in education has been led by powerful and influential countries. That could be set to change, however, with today’s developing nations primed to lead the charge. “It is likely that we could see the transformation of education systems occurring first in developing countries,” said William Altman, tech industry analyst at CB Insights. […]
Read moreThe United States is expected to authorize India’s purchase of a naval variant of the Predator drone, two sources familiar with the situation said, ahead of a visit next week by Indian PrimeMinister Narendra Modi to try to revitalise ties in his first meeting with President Donald Trump. Securing agreement on the purchase of 22 […]
Read morePowerful mini-crossbows that shoot toothpicks and needles are the new must-have toy for schoolkids across China — and a nightmare for concerned parents and school officials. Several cities including Shenzhen and Qingdao have reportedly banned sales of the palm-sized contraptions, which sell for about $1 and are powerful enough to puncture soda cans, apples and […]
Read moreThis article is part of a “Reporter’s Notebook” series, wherein CNBC journalists submit tales and observations from the field. Many unsung heroics took place during last month’s Asia-Pacific Economic Cooperation (APEC) trade ministers’ summit in Hanoi. There were diplomats and officials working feverishly behind the scenes to keep globalization alive — and then there was […]
Read moreChina-based co-working firm UrWork has joined hands with Australian consultancy firm Collective Campus to launch its first overseas branch in Singapore on Friday. UrWork is currently backed by Alibaba-affiliate Ant Financial and Sequoia Capital, among others, and has established its co-working platform across 16 cities, including Shanghai and Beijing, in China. UrWork also recently announced […]
Read moreChinese authorities are at it again. This time, its banking regulator is investigating how the country’s top overseas deal makers are borrowing money, according to multiple media reports.It’s a move that connects and highlights a number of risks that plague China at the moment. Here’s a look at the related challenges. China’s stock markets are […]
Read moreTravis Kalanick’s resignation as Uber’s chief executive is a potential blow to the company’s operations in Asia, a region where it faces stiff competition from local ride-hailing players, the Wall Street Journal reported. Investors and analysts interviewed by the Journal said Uber is losing the race in Asia. The company retreated from China last year […]
Read moreVenezuelan troops on Thursday fired what appeared to be rubber bullets at protesters attacking the perimeter of an airbase and a demonstrator was killed, bringing renewed scrutiny of the force used to control riots that have killed at least 76 people. At least two soldiers shot long firearms through the fence at protesters from a […]
Read more