Investors snub first US-listed Chinese P2P platformShares of Chinese lending platform Yirendai closed 9 percent lower from the offering price on its debut on the New York Stock Exchange, as investors remain cautious with the mounting risk of P2P leading.December 21, 2015 by Cyrus Lee in China
Baidu admits cheating in international supercomputer competitionBaidu recently apologised for violating the rules of an international supercomputer test in May, when the Chinese search engine giant claimed to beat both Google and Microsoft on the ImageNet image-recognition test.June 9, 2015 by Cyrus Lee in China
Tesla Chinese CMO fired for low January salesTesla Motors CEO Elon Musk is threatening to fire more overseas managers after the company sold only 120 cars in China during January.February 11, 2015 by Cyrus Lee in China
Alibaba denies princelings’ influence on the companyResponding to a NYT report which connects some of its shareholders to Chinese political powers, Alibaba said the background of its investors mattered little to the group and slammed some international media for making things out of nothing.July 23, 2014 by Cyrus Lee in China
ZTE hikes H1 profit on back of 4G growthThe Chinese telecommunications equipment provider on Monday lifted its forecast for first-half profit citing strong earnings from 4G infrastructure operations.July 15, 2014 by Cyrus Lee in China
Chinese telcos told to cut marketing expenditure by $6.4BCutting marketing expenditures may lead to large decreases in terminal subsidies and notable declines of frontline staffer income among the three telcos.July 10, 2014 by Cyrus Lee in China
Chinese airline to offer free inflight Wi-Fi serviceAir China, the country’s national flag carrier, said more passengers will soon be able to enjoy free broadband browsing services at 32,000 feet after a successful trial run on Wednesday.April 17, 2014 by Cyrus Lee in China
Buoyant e-commerce business spurs couriers' incomeSalary of some couriers estimated to be over five times of minimum wages in some key Chinese cities where residents are crazy about online shopping.August 5, 2012 by Cyrus Lee in China
China's Internet population hits 538 millionNumber of Chinese online video viewers grew to 350 million in end-June, higher than total online population of 302 million in the United States.July 19, 2012 by Cyrus Lee in China
Chinese court postpones iPad trademark ruling for mediationThree month since its release in mid-March, the new iPad is still unavailable in the official retail channels in the territory.June 14, 2012 by Cyrus Lee in China