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May, 25, 2016

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Business > Asia > China
The company handling licensing rights for the Wright Brothers trademark says two replicas of the brothers' airplanes and early equipment have been sold to museums in China.
 
Uber on Tuesday announced a partnership with a major Chinese automaker as the controversial ride-hailing service revved its efforts in the country.
 
Mainland leaders promise lower business costs
Mainland China leaders promised Monday to promote economic growth by cutting business costs and reducing surplus production capacity in some industries as they try to reverse an unexpectedly sharp downturn.
 
Mainland China's auto sales grew at this year's fastest rate in November as Chinese manufacturers took market share from global rivals, helped by the popularity of their lower-priced SUVs, an industry group reported Thursday.
 
Who's investigating fake mainland China goods? Fake investigators
The woman called herself Flaming Lee, an English name she picked when she was 10 years old, long before she got into the dirty business of counterfeit goods. Her job as a private investigator sometimes took her to client meetings at Dubai's seven-star Burj Al Arab hotel. Otherwise, she lived in apparent simplicity.
 
Mainland China's consumer inflation rate edged up in November, official data showed Wednesday, while factory gate price falls lingered at a six-year low as the world's second-largest economy grapples with slowing growth.
 
The United States launched a WTO challenge to mainland China's aircraft taxation on Tuesday, accusing Beijing of discriminating against foreign-made airplanes in breach of global trade rules.
 
Mainland China's broadest bank by branch numbers has sold a one-sixth stake to strategic investors for more than 45 billion yuan (US$7 billion) ahead of an expected flotation, official media reported Wednesday.
 
The deputy chief of mainland China's top securities regulator has been fired, the mainland authorities said Wednesday, a month after he was put under investigation and as probes into the financial sector deepen.
 
China's foreign exchange reserves fell to their lowest level in nearly three years in November, official data showed Monday, with analysts blaming "record" capital outflow on expectations the yuan will depreciate.
 
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