China Business & Economy

Security Company: Coolpad Smartphones Have Hidden Backdoor

Chinese models show the new types of Coolpad mobile phones at the P&T/Expo Communication China 2008 at China International Exhibition Center on Oct. 21, 2008 in Beijing, China. Backdoors were recently discovered in Coolpad smartphones. (Feng Li/Getty Images)
Chinese models show the new types of Coolpad mobile phones at the P&T/Expo Communication China 2008 at China International Exhibition Center on Oct. 21, 2008 in Beijing, China. Backdoors were recently discovered in Coolpad smartphones. (Feng Li/Getty Images)

Smartphone users in China were noticing something odd about their Coolpad phones. The devices were automatically installing strange apps, and the users were getting advertisements...




  • A resident clears dead fish from the Fuhe River in Wuhan, China, in September 2013. An official Weibo account said that they died of severely high levels of ammonia. (STR/AFP/Getty Images)

    China’s Problems Impeding Rapid Growth–Part 2: The Lack of Clean Water

    Many people maintain that China will continue growing at the incredible rate that it has been for the last twenty years. Since the early 1990’s... Read more

  • A man flies kite at The Bund in heavy smog on Dec. 5, in Shanghai, China. (ChinaFotoPress/ChinaFotoPress via Getty Images)

    China’s Problems Impeding Rapid Growth – Part 1: The Cost of Smog

    Many people maintain that China will continue growing at the incredible rate that it has been for the last twenty years. Since the early 1990’s... Read more

  • Lightning strikes at sunset in Wuhan, the capital of central China's Hubei Province, on Aug. 11, 2013. Real estate business has become an important part of Xi Jinping’s anti-corruption campaign against the Jiang faction. (STR/AFP/Getty Images)

    Jiang Faction-Related Real Estate Companies in Hot Water

    News Analysis Real estate companies aren’t safe from Chinese Communist Party leader Xi Jinping’s anti-corruption campaign, which is aimed at investigating his rival Jiang Zemin’s... Read more

  • Employees work on a herbal medicine production line on April 8, 2013, in Bozhou, China. The FDA is facing hurdles with inspecting pharmaceutical companies in China. (ChinaFotoPress via Getty Images)

    Beware of Fake Prescription Drugs Smuggled From China

    Drug gangs in the United States are moving to new markets, with the help of Chinese factories. Their new target is counterfeit pharmaceuticals, and their... Read more

  • A man sets up his new iPhone 6 inside an Apple store on Oct. 17, 2014 in Beijing, China. A Chinese firm claims Apple violated its patent for the design of the iPhone 6. (Feng Li/Getty Images)

    iPhone 6 Patent Fraud Case in China Complicated Hacked Photos

    During the time that a Chinese company was filing a patent that it said Apple’s iPhone 6 violates, hacked photos of Apple’s phone showing the... Read more

  • Guo Jun, branch manager of HK Epoch Times gives a speech at a conference in Taiwan in November 2014, she says as an independent media with integrity and truthfulness in reporting Epoch Times is the only window into the real China.
(Chen Bo-Chou/Epoch Times)

    Investors Need Truthful Media Reports on China

    News Analysis TAIWAN—Overseas investors are in need of accurate reporting on China’s economic and political situation, and they aren’t getting it from media controlled by... Read more

  • Chinese workers weld at a construction site in heavy pollution on Nov. 29, 2014, in Beijing, China. (Kevin Frayer/Getty Images)

    China’s GDP Growth Insanity: $6.9 Trillion Badly Invested in 5-Year Time

    What an astronomical figure! 42 trillion yuan, that’s 42 thousand billion yuan, or 6.9 trillion US dollars. These giant mounds of money have been wasted... Read more

  • Mario Draghi (R), president of the European Central Bank (ECB) and vice president Vítor Constancio speak to the media following the monthly ECB board meeting on Nov. 6, 2014 in Frankfurt, Germany. Constancio mentioned on Nov. 26 that the ECB could start purchasing sovereign bonds in the first quarter of 2015. (Thomas Lohnes/Getty Images)

    China, Eurozone Central Banks Play Catch Up With Japan’s

    What should have been a period of relative calm before some potential risk events was anything but, with the People’s Bank of China (PBoC) and... Read more

  • A staff member counts money at a branch of the Bank of China in Lianyungang, Jiangsu Province of China. Increasingly, other currencies including the Canadian dollar will be taking the US dollar’s place in exchange for renminbi. (ChinaFotoPress/Getty Images)

    China’s Currency Gains Global Reach

    China is tirelessly working to promote the use of its currency, the renminbi, across the globe. It is making progress, even in North America.  Earlier... Read more

  • U.S. dollar notes are counted next to stacks of Chinese 100 yuan (RMB) bank notes at a bank in Huaibei, in eastern China's Anhui province, on Sept. 23, 2014. (STR/AFP/Getty Images)

    Beijing’s Interest in Offshore Tax Evasion Limited to Corrupt Officials

    Fifty-one countries signed the Multilateral Competent Authority Agreement in Berlin on Oct. 29 to fight offshore tax fraud and evasion. The agreement aims to put... Read more

  • Specialist William Geer works at a post on the floor of the New York Stock Exchange on Oct. 16, 2014. (AP Photo/Richard Drew)

    Why Chinese Stocks Leave US Investors Vulnerable

    WASHINGTON—Something about the deal smelled fishy. China Marine Food Group Ltd., a Chinese company then on the New York Stock Exchange, spent $27 million in... Read more

  • Tianhe Chief Executive Wei Xuan shows journalists a sample of one of the specialty chemicals the company manufactures at its 800,000 square meter Jinzhou plant in China on Oct. 24, 2014. The pitch to investors described the company on the verge of spectacular success. Tianhe Chemicals Group Ltd. boasted rock-bottom labor costs, unique manufacturing techniques and net profit margins triple those of competitors. (AP Photo/Erika Kinetz)

    Morgan Stanley Pushes Murky Chinese Stocks to Market

    WASHINGTON—The pitch to investors described a company on the verge of spectacular success: a Chinese firm making sophisticated, high-end chemicals used to fight fires, stain-proof... Read more

  • Nov. 10:  Russian President Vladimir Putin (R) puts on a shawl for Chinese President Xi Jinping's wife Peng Liyuan (2nd R) while Chinese President Xi Jinping (2nd L) and U.S. President Barack Obama (L) looks them before a fireworks show after the Welcome Banquet for 2014 APEC leaders (Feng Li/Getty Images)

    Chinese Media Censors Vladimir Putin for Giving Xi’s Wife His Coat

    During his appearance in Beijing for this year’s Asia-Pacific Economic Cooperation (APEC) summit, Russian president Vladimir Putin seems to have put the moves on China’s... Read more

  • A clerk counts the renminbi bills at a bank in Taipei on November 11, 2010.(AFP Photo/Patrick Lin)

    Private Lending Industry Is Collapsing in China

    In recent months in China there have been frequent cases of the owners of private financing companies disappearing, leaving investors’ principal unpaid. The wide spread... Read more

  • Containers waiting to be transported at the port of Qingdao, China, on March 7. (STR/AFP/Getty Images)

    China Data Expert Leland Miller Confirms Slowdown (Video)

    For the first time in decades the Chinese economy is slowing down. Whether it is official data, bank research data, or commodity prices, all point... Read more

  • Passengers wait in line to take a subway during the ban on alternate days for odd and even license plates put in place for the APEC Summit, on November 3, 2014 in Beijing, China. Complaints among Beijing residents have grown louder concerning the inconveniences brought on by Beijing, which is seeking to make a good impression on foreign leaders. (ChinaFotoPress/Getty Images)

    APEC Summit Inconveniences Beijingers

    As Beijing seeks to make a favorable impression on foreign leaders attending the Asia-Pacific Economic Cooperation (APEC) summit from Nov. 5 to 11, the city’s... Read more


    Top