The growth in mobile payments will spur the development of China’s digital verification industry. According to the latest report released by domestic consulting company iResearch, the market scale of China’s third-party mobile payment more than…
Monthly Archives For March 2017
Chinese tech titan Alibaba invests 1 billion yuan in mobile gaming distribution
The company is investing 1 billion yuan in an alliance with a handful of other mobile gaming firms to distribute offerings between China and other parts of the world. Getting mobile games in front of…
China beats India hollow in net access, smartphone ownership
Smartphone ownership in China has jumped 31 percentage points since 2013, but in India it has increased by only six points during the same time period. While virtually every Chinese person surveyed owns at least…
China outpaces India in internet access, smartphone ownership
Reported smartphone ownership in China has jumped 31 percentage points since 2013, but only 6 points in India over the same time period. And while virtually every Chinese person surveyed owns at least a basic…
China adds Pinterest to list of banned sites
China’s Great Firewall is cracking down on Pinterest, the social media platform popular for letting users share, or pin, items of interest to a virtual board. For years, Pinterest has been freely accessible in China,…
China loosens some license requirements for foreign banks
SHANGHAI China’s banking regulator scrapped license requirements for foreign and joint-venture lenders in the country for treasury bond underwriting, custody and advisory services among other services on Friday. The move comes as President Xi Jinping…
China’s cautious financial opening up does not make it an enemy of the US
Last month, China commemorated the 20th anniversary of the death of Deng Xiaoping ( 鄧小平), the chief architect of the economic reform and opening up that catapulted the country to the top rungs of the…
China Aviation Oil Singapore : Date of Release of 2017 First Quarter Unaudited financial Results
Description (Please provide a detailed description of the event in the box below – Refer to the Online help for the format) DATE OF RELEASE OF 2017 FIRST QUARTER UNAUDITED FINANCIAL RESULTS China Aviation Oil…
China's Ant confident of closing MoneyGram deal: exec
BEIJING (Reuters) – Ant Financial Services Group … so we definitely want to have that capability,” Feagin said. Ant, which dominates China’s online payment market but has been ramping up investment overseas amid fierce rivalry…
China following US path on its way to higher rates
In China, officials are concerned about rampant asset bubbles, fed by a gush of cheap, post-financial crisis cash that found its way to investments from stocks and bonds to artwork and real estate. The People’s…
China Art Financial Announces 2016 Annual Results
HONG KONG, Mar 17, 2017 – (ACN Newswire) – China Art Financial Holdings Limited (“China Art Financial” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1572.HK), the leading art finance service provider…
China planning to build 1st structure on disputed shoal in South China Sea
BEIJING – China plans to build the first permanent structure on a South China Sea shoal at the heart of a territorial dispute with the Philippines, in a move likely to renew concerns over Beijing’s…
A.M. Best Affirms Credit Ratings of Starr Property & Casualty Insurance (China) Company, Limited
A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Starr Property & Casualty Insurance (China) Company, Limited (Starr China) (China). The outlook of these…
