Posts Tagged ‘Business’

China’s Ministry Of Culture Issues Four Internet Cafe Chain Licenses

China’s Ministry of Culture has published announcements on its official website stating that it has issued the first batch of four licenses for operating Internet cafe retail chains in China. The four companies that gain the netcafe licenses are T-Matrix, Beijing Zhonglu Shikong, Beijing Read China, and CECT-Chinacomm Communications. The issuance of the licenses represents [...]


China’s Gome To Sue Former Chairman

Chinese electronics and home appliances retailer Gome has announced that its board of directors has decided to sue its former executive director Huang Guangyu. As part of this initiative, the company requires Huang to compensate losses caused by his irregular activities in the repurchase of shares of Gome at the beginning of 2008. According to [...]


India Resumes Imports Of Chinese Telecom Equipment With Stricter Rules

The Indian government has amended its telecom security rules, stating that India telecom operators can resume their imports of Chinese-made telecommunications equipment, but stricter rules will be applied. According to a statement published by the Department of Telecommunications of India, due to security reasons, all telecom equipment suppliers must share their source code and design [...]


Beijing E-commerce Committee To Fight Poor Competitive Practices

The Beijing E-commerce Industry Collaboration Committee has been established to encourage resource sharing and industry self-regulation, and to resist unhealthy competition. Chinese e-commerce and industry websites, including Hc360.com, Dhgate.com, 99114.com, Zhongsou.com, expressed their support for the newly established committee and said they promise to be honest and self-disciplined to resist unhealthy competition and to create [...]


China’s 99bill.com Opens R&D Center In Nanjing

The Chinese third-party electronic payment platform 99bill.com has announced that its new research and development center in Nanjing has gone into operation. The new research and development center will be fully responsible for 99bill.com’s development and trial operation of new technologies and products. With professional talents, equipment, and environment, the new center aims to provide [...]


China’s Huawei Accused Of Trade Secret Theft By Motorola

Motorola has raised a lawsuit against the Chinese telecom equipment maker Huawei in the United States, accusing the Chinese company of trade secret theft. Motorola claimed that during a certain period in the 1990s, many of its former employees offered detailed information about Motorola’s networking structure technologies, including seamless mobile solutions, to Huawei. In an [...]


American Search Engine Tries China, Again

Google.com, which has failed to gain momentum in China against rivals like Baidu.com, has issued a statement that it will end its automatic redirect to its Hong Kong website.
David Drummond, Google’s senior vice president of corporate development and the chief legal officer, stated on the company’s official blog, “We currently automatically redirect everyone using Google.cn [...]


IBM Cleanses Its China Ranks Of Corrupt Staff

IBM’s recent anti-corruption campaign in China has reportedly resulted in the resignation or downgrading of more than 120 employees in the company’s Chinese offices.
The Chinese media reported that about a month ago, over 120 employees from IBM China were investigated. Of them, about 100, including two top executives, were downgraded to a lower position and [...]


China’s Pilot Program For Convergence Of Three Networks Approved

According to reports in local media, following the rejection of five drafts, the sixth draft of the pilot program for the convergence of three networks in China has been approved by the government’s leadership team.
The program will reportedly start to collect implementation plans from pilot cities before June 15, 2010, and plans to enforce the [...]


India Will Conditionally Lift Ban On Chinese Telecom Equipment

To avoid delay of telecom projects, officers from India’s Prime Minister’s Office, Ministry of Home Affairs, Department of Telecommunications, and intelligence organizations have jointly decided to allow Indian operators to import Chinese-made telecom equipment that are authorized by international security audit firms, or with the guarantee of banks.
Electronic Warfare Associates in Canada, Infoguard in the [...]