Telecom operator China Mobile, which has 568 million 4G subscribers, has released its revenue performance for the first quarter of 2017. China Mobile posted operating revenue of RMB184 billion (+3.7 percent), telecom service revenue of…
Monthly Archives For April 2017
Beijing government says property curbs show results, despite March price gains
BEIJING New property curbs in China’s capital unveiled in March have started to cool the red-hot housing market, but the frothy market will take some time to stabilize, the Beijing municipal government said. Beijing, a…
Beijing summons Apple over live-streaming apps
Beijing’s internet regulators are turning up the heat on Apple. Authorities in the Chinese capital say they plan to summon the U.S. tech giant to urge it to “tighten up checks” on apps available in…
Beijing gov't says property curbs showing initial results despite March price gains
BEIJING The municipal government of China’s capital said on Wednesday that new property curbs unveiled in March have started to cool the red-hot housing market, but it will take some time before the frothy market…
Analysts Set China Unicom (Hong Kong) Limited (CHU) Target Price at $13.75
Shares of China Unicom (Hong Kong) Limited (NYSE:CHU) have received an average rating of “Hold” from the nine brokerages that are covering the stock. One research analyst has rated the stock with a sell recommendation,…
Canadian companies need to upgrade technology to compete in China, says new HSBC commissioned report
VANCOUVER, April 20 2017 /CNW/ – Canadian manufacturing industries doing business in China will need to make technological upgrading a priority if they are to keep pace with Chinese and foreign companies which are rapidly…
Ivanka Trump China brand rights get greenlight
On the same day Ivanka Trump met Chinese leader Xi Jinping in the US, a government office in China approved trademarks for her namesake brand. The Chinese president was dining with America’s first family in…
China preps launch of country's first cargo spacecraft
BEIJING – Preparations are underway for the launch of China’s first unmanned cargo spacecraft on a mission to dock with the country’s space station. The Tianzhou 1 was due to blast off at 7:41 p.m.…
China and Europe have responsibility to avert North Korea crisis: EU
BEIJING – EU foreign policy chief Federica Mogherini expressed concern Thursday about rising tensions over North Korea’s nuclear weapons program, and said China and Europe have a common responsibility to avoid a military escalation on…
China criticizes North Korea, praises US on nuclear issue
“China firmly opposes any words or actions that would escalate … North Korea’s official Korean Central News Agency called the carrier’s deployment “nothing but a reckless action of aggression to aggravate the tensions in the…
China left as observer as tensions rise on Korean Peninsula
China’s foreign minister recently likened the U.S. and North Korea to two speeding trains hurtling toward each other, an analogy that would seem to place China in the role of helpless bystander. And indeed, while…
China’s Shandong Tyan says talks over on bid for Barrick’s Kalgoorlie mine
Shanghai-listed Shandong Tyan Home said on Wednesday its negotiations with Barrick Gold Corp to buy the Canadian operator’s 50-per cent stake in Kalgoorlie mine have ended without a deal, citing new capital and acquisition rules…
China capital outflows stabilized in first quarter as capital controls bite
Expectations for further yuan depreciation have weakened significantly, State Administration of Foreign Exchange (SAFE) spokeswoman Wang Chunying told a news conference. Net foreign exchange sales by China’s commercial banks fell sharply in the first ……
