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27
Nov
2014

China to open up Internet broadband market with upcoming trials

With China’s Internet growth slowing, the country is opening up the broadband provider market to private enterprises as part of government sponsored trial. The country on Wednesday released a draft of the upcoming trial rules, which will let private enterprises sell broadband services in 16 cities across the country. China’s...
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24
Nov
2014

World stocks up on China, Europe stimulus

Sydney – Asian markets rallied on Monday with shares in Shanghai hitting three-year highs as the prospect of further policy stimulus in China and Europe whetted risk appetites globally while sending the euro skidding. The single currency was near 28-month lows having shed 1.2 percent on Friday when European Central...
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20
Nov
2014

Courtesy, not confrontation, best for Europe

Minister of Commerce Gao Hucheng arrived in the lobby of the European Commission’s headquarters at 9 o’clock on Saturday morning. He was led to the office of outgoing Trade Commissioner Karel De Gucht, who has been a thorn in the side of Chinese businesses because of his protectionist attitude ever...
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17
Sep
2014

Internet Power Balance Tilts Toward Asia

After Alibaba’s IPO, Four of the 10 Most Valuable Web Companies Will Hail From the Region. Silicon Valley dominates the Internet, but this week’s initial public offering by Alibaba Group Holding Ltd. shows how much action is shifting to Asia. When the Chinese e-commerce firm begins trading Friday, four of...
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