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Hao Peng, Communist Party boss of the State-owned Assets Supervision and Administration Commission, hopes the move will lead to mutually beneficial resultsBut analysts are still waiting to see if state-owned enterprises can genuinely benefit from investment by leading digital companies.
Pegatron Corporation is one of many diversifying their manufacturing away from China, with a US$40mil project to make wireless chips and semiconductors. Global supply chains have been disrupted by the ongoing tensions, which could ease this week as Xi Jinping and Donald Trump meet at the G20 summit in Japan.
SAP, Europe's biggest software company, is making sweeping changes to its sales practices around the world after saying it faces a US corruption probe over sales commissions paid to win South African government contracts.
Software produced by Microsoft Corp has been acquired by state organizations and firms in Russia and Crimea despite sanctions barring U.S-based companies from doing business with them, official documents show.
Hewlett Packard Enterprise allowed a Russian defence agency to review the inner workings of cyber defence software used by the Pentagon to guard its computer networks, according to Russian regulatory records and interviews with people with direct knowledge of the issue.
If Britain leaves the EU, trade and travel across the English Channel may get trickier and there are also concerns that Brexit might disrupt the sensitive data traffic.
China's tech giants Tencent Holdings Ltd and Alibaba Group Holding Ltd beat state firms for the first time to become the country's most valuable brands in 2015, a report published shows.
Chinese software companies such as Neusoft Corp and China National Software & Service Co Ltd (ChinaSoft) are picking up sales and expanding their marketing as China trades cyberspying accusations with the United States.