iPhone 3G in the PRC?On the internet grapevine, a story surfaced yesterday that had China Unicom launching Apple’s new 3G iPhone here on the mainland come August. The wildly popular iPhone 1.0 never made it to the PRC (well not officially, the local grey market was pretty well supplied). The rift between folks over... continue reading on Shanghaiist
Morgan Stanley cuddles up to ChinaWhat should a Wall Street firm do when it loses billions on risky bets in the mortgage securities market? Have its CEO call the Chinese government for a capital infusion of course. Bear Stearns did it back in October. Yesterday, Morgan Stanley announced a USD $5 billion equity investment from... continue reading on Shanghaiist
Apple still talking to China Mobile, but will it matter?Those sounding the death knell for an Apple, China Mobile iPhone partnership maybe a bit premature. On Friday, a China Mobile spokesperson in Hong Kong confirmed(in Chinese) that discussion between the two sides is still ongoing, but didn’t elaborate on any details. China Mobile has bluntly stated that it has... continue reading on Shanghaiist
China may add foreign companies to domestic boursesThe Xinhua News Agency is reporting that China may allow foreign multinationals to list on the Shanghai Stock Exchange(SSE). SSE officials are conducting feasibility studies and companies names mentioned include HSBC Holdings Plc, Coca-Cola Co., and Siemens AG. China is under renewed international pressure to speed up its currency reform... continue reading on Shanghaiist
iPhone coming to China Mobile?Maybe. China Mobile’s CEO Wang Jianzhou confirmed that his company has been in discussion with Apple to bring the wildly popular handset to China, “because our customers like this kind of fashionable product,” said Wang. But, negotiations have stalled over Apple’s subscription revenue sharing business model. In Europe and the... continue reading on Shanghaiist
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