foreign-firms
China policymakers pledge stability for ‘complex’ year ahead
January 1, 2017 by admin · Leave a Comment
China's economy is on a steady growth path as 2016 ends, supported by a housing boom and billions in government investment, but the mood of policymakers is more cautious than celebratory as they face “complexity” in the new year. The central bank – while reaffirming a…
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China policymakers pledge stability for ‘complex’ year ahead
foreign-firms
Tesla owner files lawsuit in California claiming sudden acceleration
January 1, 2017 by admin · Leave a Comment
Tesla Motors Inc was sued on Friday by a Model X owner who said his electric SUV suddenly accelerated while being parked, causing it to crash through the garage into the owner's living room, injuring the driver and a passenger. The Model X owner, Ji Chang Son, said that one night in September, he slowly pulled into his driveway as his garage door opened when the car suddenly sped forward. It cites seven other complaints registered in a database compiled by the National Highway Traffic Safety …
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Tesla owner files lawsuit in California claiming sudden acceleration
foreign-firms
Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’: Xinhua
January 1, 2017 by admin · Leave a Comment
A Shanghai court ordered two Chinese firms to pay Walt Disney Co and Pixar more than 1.35 million yuan ($194,440) compensation for copying parts of their hit movies “Cars” and “Cars 2”, the official Xinhua news agency reported on Saturday. The ruling is the latest in a slew of intellectual property wins for large foreign firms, who have complained about widespread copyright infringement in China. Disney and Pixar took the Chinese firms to court saying the characters, titles and posters from local animation “The Autobots” were substantially similar…
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Chinese firms ordered to pay Disney, Pixar $194,000 for copying ‘Cars’: Xinhua
foreign-firms
Apple weathers anti-U.S. demo in China, where patriotic protests snowball
July 24, 2016 by publisher · Leave a Comment
Apple Inc found itself on the receiving end of a small, short-lived anti-U.S. protest this week in China, the tech firm's biggest overseas market and a country where foreign firms have suffered damaging boycotts following international spats. A handful of unofficial Apple stores were picketed and social …
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Apple weathers anti-U.S. demo in China, where patriotic protests snowball