The world’s largest mobile provider by subscribers, China Mobile, has set out a timeline for its 5G deployment, C114 writes. The cellco will initially concentrate on utilising spectrum in sub-6GHz bands, but will test higher…
Monthly Archives For November 2016
China's banking regulator asks peer-to-peer lenders to register
BEIJING China’s banking regulator has issued new guidance to tighten control over a fast-expanding peer-to-peer (P2P) lending sector, the regulator said in a statement to Reuters on Tuesday. The guidance, which the China Banking Regulatory…
UPDATE 1-China's national pension fund appoints four custodian banks
BEIJING Nov 30 China’s National Council for Social Security Fund has selected four banks to be custodians for its basic pension insurance fund, it said in an online statement on Tuesday. The four banks are…
China's 'extraordinary leverage' tops Bank of England's growing list of concerns
China, euro zone sovereign debt and the potential fallout from Brexit top the escalating list of concerns for the Bank of England (BOE), according to a report published on Wednesday which warns that risks to…
When Chinese Bank's Trump Lease Ends, Potential Conflict Begins
The Industrial & Commercial Bank of China Ltd., a state-controlled enterprise and the world’s biggest lender by assets, is due to renegotiate its lease at Trump Tower in Manhattan during Donald Trump’s presidency — a…
China's yuan will appreciate vs US dollar in the long-term: Central Bank advisor
[BEIJING] The Chinese yuan will appreciate against the US dollar in the longer-term, a central bank adviser said, arguing that recent weakness in the currency is largely due to a stronger US dollar. The Chinese…
DEUTSCHE BANK: The property bubble 'is the most important macro issue in China'
A man rides a motorcycle past a replica of the Eiffel Tower at the Tianducheng development in Hangzhou, Zhejiang Province August 1, 2013. Reuters/Aly Song China’s debt-fuelled property boom, and potential bust, will be one…
Central bank to force dual-network bank cards out of mainland market
Photo: CFP Dual-network bank credit cards, which can operate through the domestic bank card association China UnionPay and foreign networks such as Visa and MasterCard, will soon be phased out the Chinese domestic payment card…
China's central bank denies banning commercial banks on home loans
View of the headquarters of the Peoples Bank of China (PBOC), Chinas central bank, in Beijing, June 27, 2015. [Photo/IC] BEIJING – China’s central bank has not banned commercial banks from issuing personal home mortgage…
China Unicom Hong Kong : Clarification Announcement
11/28 DJ AT&T: Unveils Pricing for DirecTV Now Streaming Service — 2nd Update 11/28 DJ AT&T: Unveils Pricing for DirecTV Now Streaming Service — Update 11/26 DJ AT&T: DirecTV Now Streaming Service Is Unveiled, Watch…
China Unicom surge leads Hong Kong shares higher by midday
HONG KONG (NewsRise) — Hong Kong shares rose on Wednesday as telecommunication companies rallied on speculation Chinese policymakers could approve a mixed ownership plan, bringing in new shareholders as part of a broader reform agenda.…
China’s 4G user base surpasses 700M
China’s three mobile operators added another 26.5 million 4G customers in October, taking the country’s 4G user base to more than 700 million. China Mobile continued to widen its lead on its rivals, adding 16…
Why Facebook's China adventure will need more than censorship to succeed
… needs to invest in more than just censorship tools if it hopes to lift a seven-year ban in China, experts say, amid a tightening space for foreign technology companies in the world’s most populous…