CHINA

LONDON (Reuters) - World stocks slipped after China posted its weakest growth rate in nearly three decades on Friday, while the dollar was set for its worst week in almost four months having been pummeled by pound and euro Brexit rallies. FILE PHOTO: The German share price index DAX graph is pictured at the stock…

BEIJING (Reuters) - China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as soon as possible, the Commerce Ministry said on Thursday, adding that trade wars had no winners. A phased agreement would help restore market confidence and reduce uncertainty, ministry spokesman Gao Feng told…

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. China attacks Apple for allowing Hong Kong crowdsourced police activity app Apple’s decision to greenlight an app called HKmaps, which is…

Apple’s decision to greenlight an app called HKmaps, which is being used by pro-democracy protestors in Hong Kong to crowdsource information about street closures and police presence, is attracting the ire of the Chinese government. An article in Chinese state mouthpiece, China Daily, attacks the iPhone maker for reversing an earlier decision not to allow…

(Reuters) - The National Basketball Association (NBA) took heavy fire on Monday for saying a weekend tweet by Houston Rockets General Manager Daryl Morey, which supported Hong Kong protests for democracy, was “regrettable” and “inappropriate.” FILE PHOTO: Senator Ted Cruz (R-TX) arrives for a vote on Capitol Hill in Washington, U.S., September 17, 2019. REUTERS/Joshua…

By now, you’ve probably heard about the tweet heard ‘round the world, or at least, the part of the world where Mandarin is spoken. The GM of the Houston Rockets basketball franchise wrote a tweet — since deleted — supporting the democracy protesters that have lit up Hong Kong these past few weeks. As Eben…

BEIJING (Reuters) - China celebrated its growing power and confidence with a massive display of military hardware and goose-stepping troops in Beijing on Tuesday, overseen by President Xi Jinping who pledged peaceful development on the 70th birthday of Communist China. Soldiers of People's Liberation Army (PLA) march in formation past Tiananmen Square during a rehearsal…

BEIJING (Reuters) - China will celebrate seven decades of communist rule on Tuesday with a display of power through central Beijing, showing off goose-stepping troops, new missiles and floats celebrating the country’s technological prowess. Soldiers of People's Liberation Army (PLA) march in formation past Tiananmen Square during a rehearsal before a military parade marking the…

The People’s Bank of China has approved PayPal’s acquisition of a 70% equity state in GoPay (Guofubao Information Technology Co. (GoPay), Ltd.), which will make PayPal the first foreign payment platform to provide online payment services in China. GoPay has licenses for online and mobile transactions, and mainly provides payment products for industries including e-commerce,…

BEIJING (Reuters) - Chinese companies are facing many difficulties due to trade frictions, Commerce Minister Zhong Shan said on Sunday. Men work on a cargo ship at a port in Lianyungang, Jiangsu province, China September 13, 2019. REUTERS/Stringer The United States and China have been locked in an escalating trade war for over a year.…