China Mobile offers new data packages

China Mobile will offer more data and favorable price packages to 20 million users in Shanghai from Friday as it aims to compete with its two rival state-owned carriers. China Mobile's users in Shanghai will be able to enjoy upgraded packages of 50 yuan ($ ... ( read original story ...)

Focus on financial risk puts China on a more sustainable path

After years of hyper rapid credit growth, China’s leadership now has a laser-like focus on reducing financial risk. Not so long ago this issue was met with official silence. Since late 2016, President Xi Jinping has devoted half a dozen speeches to the ... ( read original story ...)

China relaunches world’s fastest train

China's fleet of high-speed trains is set once again to become the world's fastest. The top speed of the Fuxing or "rejuvenation" bullet trains was capped at 300km/h (186mph) in 2011 following two crashes that killed 40 people. From next week, some of the ... ( read original story ...)

S&P’s Yip Sees China Property Market Slowing in 2H

Aug.21 -- Christopher Yip, senior director of corporate ratings at S&P Global Ratings, discusses the performance of China's top tier developers and his outlook for the property market. He speaks on "Bloomberg Daybreak: Asia." ( read original story ...)

Ford, China’s Zotye Auto plan JV to build electric vehicles

Both firms will hold a 50-50 stake in the JV, it said. It did not provide details of financial commitments nor say by when it will take a firm decision on the JV. Ford sees China as the fastest growing market in the world for new energy vehicles (NEV ... ( read original story ...)

China shares higher on continued Unicom surge

SHANGHAI, Aug 22 (Reuters) - China stocks ended higher as a unit of China Unicom surged by the daily limit for a second day, and as financial and materials firms also experienced strong gains. The blue-chip CSI300 index rose 0.3 percent, to 3,752.57 points ... ( read original story ...)