China’s digital currency is designed to avoid this problem. In a paper published in Tsinghua Financial Review, an academic journal, and posted online recently, Yao Qian, deputy director of the Technology Department of the People’s…
Monthly Archives For June 2017
China tightens online video controls, jolting investors
In January, the government announced the launch of a 14-month crackdown on cloud-hosting and content-delivery services. The technology ministry said it forbids use of virtual private networks and leased lines to circumvent government filters and…
China’s road-straddling bus bites the dust
according to China News. A local government official told CNN she didn’t know who was in charge of tearing up the tracks. She said her office has been unable to contact TEB Technology, the company…
China Netcom Technology : NOTICE OF EXTRAORDINARY GENERAL MEETING
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this notice, make no representation as to its accuracy or completeness and expressly disclaim…
China launches record-breaking UAV swarm
The China Electronics Technology Group Corporation (CETC) claims to have set a new record for the number of unmanned aerial vehicles (UAVs) flying in a swarm, the state-owned Xinhua news agency quoted the corporation as…
BOC, Tencent establish joint laboratory of financial technology
Bank of China (BOC), one of the country’s big four state-owned lenders, and Tencent have established a joint financial technology laboratory, said the lender in a statement on Thursday. The lab will work on cloud…
Hong Kong’s Stock Market Tells the Story of China’s Growing Dominance
Tencent is the largest stock in the Hang Seng Index with a market cap of HK$2.58 trillion ($330 billion). There were no China technology names in 1997. Telecomm Big players China Unicom Hong Kong Ltd.…
China’s squeeze on capital outflow felt in Cambodia
“The number of scrapped deals is also bound to increase due to Chinese investors’ failure to get the money to pay for a deal out of China or the increasing wariness of foreign parties to…
China’s banking regulator targets firms investing heavily overseas
News of the regulator’s investigations hit shares in some of the companies, which are among China’s biggest blue-chips. Shares in Fosun fell nearly 10 per cent, while HNA stocks were down around six per cent…
China takes delivery of first shipments of American beef in 14 years
BEIJING • China let through the first shipments of beef from the United States in 14 years on Friday, after the two nations agreed to resume the trade in May, state media reported. The imports…
China’s May imports from North Korea 3rd lowest on record
China’s imports of North Korean goods in May fell by more than 30 percent from a year ago, data showed on Friday, the latest sign that China’s ban on coal purchases from the isolated country…
China tightens online video controls, scaring investors
It ordered them to stop the services. Communist leaders promote internet use for business and education but try to block access to material deemed subversive or obscene. Beijing has been especially wary of social media…
Belt and Road Initiative to benefit the whole world, Australian business leader says
The president of the Australia China Business Council’s North Territory office said he believes the Belt and Road Initiative, proposed by Chinese president Xi Jinping, could bring a lot of new business opportunities to the…
