ZTE tells suppliers China trade row may be factor in U.S. ban: source
NEW YORK (Reuters) - China's ZTE Corp (SZ:000063) held a conference call on Wednesday with major suppliers, during which a company representative suggested the trade dispute with Beijing may have been a factor in last week's U.S. order banning American firms from selling goods to the smartphone make
'Tesla reminds me of Apple,' says the president of a Chinese start-up
Tesla's potential move into the Chinese electric vehicle market should be welcomed, according to the president of a Chinese start-up."Tesla reminds me of Apple. It educated the high end market for China, but it also spurred a lot of competitive, diverse brands like Xiaomi and Huawei to come up with
China considering cutting duty on imported cars by about half: Bloomberg
BEIJING/SHANGHAI (Reuters) - China is considering cutting the import duty on passenger cars by about half as part of the country’s plan to further open up the automobile market, Bloomberg News reported on Thursday, citing people familiar with the matter.
Asia a bright spot for Japan carmakers facing sluggish U.S. sales, trade concerns
TOKYO (Reuters) - Japanese automakers that rely heavily on exports to sell their models in the United States would be hardest hit by trade restrictions the country is threatening to impose, as rivals with more limited exposure focus on growing, niche markets.
Japan's Coincheck posts $433 mln writedown in year to March
TOKYO, April 26 (Reuters) - Japanese cryptocurrency exchange Coincheck Inc recorded an estimated writedown of 47.3 billion yen ($432.56 million) for the year ended March, its parent Monex Group Inc said on Thursday.