China Business & Economy

Microsoft Office Raided by China Officials

Mailboxes are seen inside the Microsoft office in Guangzhou, in southern China's Guangdong province on July 29, 2014. China is investigating Microsoft for allegedly operating a monopoly in its market, the government said on July 29, as it took aim at the US software giant over business practices. (STR/AFP/Getty Images)
Mailboxes are seen inside the Microsoft office in Guangzhou, in southern China's Guangdong province on July 29, 2014. China is investigating Microsoft for allegedly operating a monopoly in its market, the government said on July 29, as it took aim at the US software giant over business practices. (STR/AFP/Getty Images)

BEIJING—China’s anti-monopoly agency announced an investigation Tuesday of Microsoft Corp., stepping up regulatory pressure on foreign technology companies. The State Administration for Industry and Commerce...

  • Hong Kong and US dollars in Hong Kong, January 12, 2008. (Laurent Fievet/AFP/Getty Images)

    Is China’s Money Pouring Into Hong Kong?

    HONG KONG—The Hong Kong Monetary Authority (HKMA) has intervened in the currency market eight times in just ten days due to recent unusual fluctuations of... Read more

  • An archway with the sign “China 'Shanghai' Free Trade Experimental Zone” in Shanghai, September 23, 2013. (ChinaFotoPress/Getty Images)

    Foreign Banks Impeded in Shanghai

    Foreign banks have been welcomed into Shanghai’s Free Trade Zone, but not given the means for doing business there. Recently, 10 foreign banks have set... Read more

  • Peter Humphrey of ChinaWhys, a business risk consultancy in China, is interviewed by China Central Television while awaiting trial. Humphrey and his wife, Yu Yingzeng, were prosecuted on July 14 for collecting private information of Chinese citizens—but the case seems to have a shady political background. (Screenshot/Beijing Times)

    British Private Eye in China Prosecuted for Knowing Too Much

    As a private investigator for over a decade in China, it was Peter Humphrey’s job to find out secrets. But after he was hired by... Read more

  • A woman visits the Samsung Electronics Co.'s showroom in Seoul, South Korea, Tuesday, July 8, 2014. Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China. (AP Photo/Ahn Young-joon)

    Samsung Suspends China Supplier Over Child Labor

    SEOUL, South Korea—Samsung Electronics Co. said it has suspended business ties with a Chinese supplier that allegedly hired children. The South Korean company, which is... Read more

  • A container ship berths at the port of Qingdao, in northeast China’s Liaoning Province on Jan. 20. Chinese handheld scanning devices used in shipping and logistics were found to contain spying software. (STR/AFP/Getty Images)

    China Spies on Global Shipping Using Pre-Infected Hardware

    Chinese products for use in global shipping are sold with spy software already installed. Once connected, they begin collecting files and allow off-site agents to... Read more

  • Bank workers walk outside the headquarters of the Bank of China in the Xidan District of Beijing on May 8, 2013. The state-owned Bank of China was accused of money laundering by Party mouthpiece Chinese Central Television on July 9. (Mark Ralston/AFP/Getty Images)

    Official Chinese Bank Accused by Official Chinese TV Station

    A public fight has erupted in China between two major state institutions: China Central Television (CCTV), the official mouthpiece of the Communist Party, and the... Read more

  • Chinese auto workers on the assembly line at the FAW-Volkswagen plant in Chengdu, southwest China's Sichuan province, July 6, 2014. (Goh Chai Hin/AFP/Getty Images)

    China Auto Sales Slow in June

    HONG KONG—Car sales in China cooled in June, with domestic brands falling further behind their foreign rivals in the world’s biggest auto market, an industry... Read more

  • Linkedin CEO Jeff Weiner hosts a town hall meeting in Mountain View, Calif., on Sept. 26, 2011. LinkedIn has been censoring user profiles on behalf of the Chinese regime. (Mandel Ngan/AFP/Getty Images)

    LinkedIn Connects With Beijing, Censors Falun Gong

    LinkedIn confessed in June to having blocked in China information users posted about the Tiananmen Square massacre. Epoch Times has learned the world’s largest social... Read more

  • This picture taken on March 14 shows a Chinese policeman walking across a pile of fake medicines seized in Beijing in recent months. The rapid growth of Internet commerce has led to an explosion of counterfeit drugs sold around the world, with China the biggest source of fake medicines, pharmaceutical experts said as the illicit trade is now believed to be worth around 75 billion USD globally, with criminal gangs increasingly using the web to move their products across borders. (STR/AFP/Getty Images)

    China’s Counterfeiting Efforts Win Awards

    When 30 shining new counterfeit FIFA World Cup trophies, carefully wrapped and boxed, were seized by customs at a Paris airport last week, it made... Read more

  • Commercial and residential property in Shanghai on Sept. 30, 2013. Chinese officials are attempting to bolster demand in the real estate sector as the market seems to face an inevitable decline. (Peter Parks/AFP/Getty Images)

    China Props Up Slumping Housing Market

    To combat a growing lack of confidence in China’s real estate market, local governments are loosening restrictions on who can buy houses, offering incentives for... Read more

  • Internet company Tencent Holdings Limited: Shares fell back by 0.69 per cent at end of trading on June 12, 2014 due to false news. (Epoch Times)

    Chinese Internet Giant Loses Millions After False News Report

    HONG KONG—Mainland Chinese media recently reported that the Internet company Tencent Holdings Limited was approaching China LotSynergy Holdings Ltd (CLS) and SMI Culture Group Holdings... Read more

  • Chinese-made smartphones are displayed at 'CES: Unveiled,' the media preview for International CES, at the Mandalay Bay Convention Center January 5, 2014 in Las Vegas, Nevada. A different phone, the Star N9500 , has spyware installed at the factory. (Robyn Beck/AFP/Getty Images)

    German Security Firm Finds Chinese Phone Comes Preloaded With Spyware

    BERLIN—A German security firm says that a cheap brand of Chinese-made smartphone comes preinstalled with espionage software. G Data Software says it ordered a Star... Read more

  • Linkedin CEO Jeff Weiner speaks at the Computer History Museum, in Mountain View, Calif., on Sept. 26, 2011. Weiner announced in February that LinkedIn will abide by Chinese censors. (Mandel Ngan/AFP/Getty Images)

    LinkedIn Self-Censorship Shows Cost of Doing Business in China

    When social networking sites Facebook and Twitter were blocked in China in 2011, it was an enduring mystery as to how LinkedIn remained open to... Read more

  • This photo taken on August 2, 2013 shows commercial and residential property from the under construction Shanghai Tower in Pudong, Shanghai. Chinese property prices increased at a faster rate in September than the previous month as the effect of price-control policies weakened, a survey said on September 30. (Peter Parks/AFP/Getty Images)

    A Crash in China’s Property Market Probable

    For years, people who warned about the burst of China’s property market bubble appeared as if they were crying wolves. The state of the property... Read more

  • Men pass by the IBM booth on the eve of the start of the 2014 CeBIT technology trade fair on March 9, 2014 in Hanover, central Germany. (John MacDougall/AFP/Getty Images)

    Amid Hacking Charges, China Retaliates Against US Businesses

    China has launched a series of actions in response to charges unsealed by the FBI and U.S. Department of Justice (DOJ) on May 19 against... Read more

  • A Chinese farmer grazes his livestock on his dried-up field after an extended drought in Fuyuan, Yunnan Province, in 2012. Facing a food crisis, China relinquished its policy for grain self-sufficiency. (STR/AFP/Getty Images)

    Shift in China’s Food Policy Spells Trouble for US

    A policy change in China means that the country now imports more grain than it produces. This is bad news, not only for food security... Read more