Chinese R&D investment has grown remarkably over the past two decades. It is now the second-largest performer in terms of R&D spending, on a country basis, and accounts for 20 percent of total world R&D…
Monthly Archives For August 2017
Dollar, commodities cheered by China, US economic news
SYDNEY (Reuters) – Investors discovered a taste for the dollar and commodities on Thursday as upbeat Chinese and U.S. economic news whetted appetite for riskier assets globally, even as tensions over North Korea simmered in…
China Unicom partners up for IoT offering
China Unicom has announced it is partnering with Ayla Networks to offer enterprise and consumer IoT solutions. Announced during the Guangzhou IoT Industry Conference, both China Unicom and Ayla Networks; a global IoT platform for…
Mobile, Social and Data: Three Keywords Marketers Cannot Miss
China has become the world’s biggest “mobile” economy, surveyed by the China Internet Network Information Center (CNNIC). Mobile netizens in China reached 724 million in June 2017, with an average of 4.1 devices (mostly mobile)…
Postal Savings Bank’s HK shares rise on A-share offer plan
Shares in the Postal Savings Bank of China rallied in Hong Kong on Wednesday after it unveiled plans to replenish its capital levels through an A-share offering. Its stock ended the morning session up 3…
China’s Big Banks Beat Profit Estimates as Bad Loans Curbed
along with China Construction Bank Corp., control about a third of the nation’s $36 trillion of banking assets. What’s more, as interbank lenders, their interest margins have benefited from the government’s campaign against financial leverage…
8 Popular Chinese Video-Streaming Sites Luxury Brands Should Know
Here is a list of eight popular video-streaming platforms in China and the content they prevail in. The report by iResearch indicates how popular Youku is among luxury brands: out of every seven yuan spent…
China turns farmland into rental housing for the first time to stabilise property prices
China has projected that 100 million migrant workers, including graduates, would have moved to the cities to take up jobs by 2020. Scholars who have long studied China’s land system said the biggest breakthrough of…
China isn’t about to have a Japan-style lost decade
financial deleveraging and business deregulation. This policy pragmatism and willingness to embrace structural changes are, in our view, the fundamental differences between China today and Japan in the early 1990s. Should the official policies continue…
China correction would have negative effect on Australia property
The action in the long running Australian property boom has shifted to outer suburban land. And at the same time we need to watch closely what is happening in China because there is a potential…
China likely to unveil NEV car quotas soon, but delay implementation: sources
Global automotive manufacturers wrote to the head of China’s Ministry of Industry and Information Technology (MIIT) in June, urging a softening of the proposals for so-called new energy vehicles (NEVs), which cover all-electric battery vehicles…
Bank of China net profit up 12%
BEIJING–Bank of China said on Wednesday its first-half net profit rose 12% on year, thanks to higher interest and fee income. Net profit for the six months ended June 30 rose to 103.69 billion yuan…
China’s postal bank plans Shanghai listing, seeks to raise $785 million
HONG KONG (Reuters) – State-owned Postal Savings Bank of China (1658.HK), the country’s biggest lender by branches, said it was planning a Shanghai listing, seeking to raise around $785 million. The move follows its Hong…