Services were Apple’s rare bright spot in its struggling China business and logged double-digit revenue growth in Greater China in January-March. And maintaining momentum is crucial, as device sales may come under pressure again until…
Monthly Archives For August 2017
Exposed! 8 China business leaders feasting on Gupta corruption spoils
The Chinese government has a reputation for tracking down the most influential of its state and business players who are believed to be corrupt. Yet, in South Africa, it leaves its own to get their…
Joining Apple, Amazon’s China Cloud Service Bows to Censors
A Chinese company that operates Amazon’s cloud-computing and online services business there said on Tuesday that it … of the American company’s Amazon Web Services operations in China, sent one round of emails to customers…
Alibaba, Tencent want pieces of telecom giant
Supervised by China Unicom’s headquarters, the two centers are engaged in product design, event planning and research and development, and other activities which will support the telecom carrier’s nationwide cooperation with the two tech heavyweights…
Fortune China 500 list goes public
China Unicom and China Telecom, the Paper reported. The three state-owned telecommunications giants recently announced they will remove domestic long-distance and roaming charges from September 1 onward. The GDP growth rate of China’s 21 provinces…
Telecoms must cut fees on individuals, businesses, Li says
Premier Li Keqiang chats with a China Unicom user at the phone company’s headquarters in Beijing on Monday. Li pressed the three largest phone companies earlier this year to make their services more affordable. The…
Russia & China Are Taking Steps To Block The Internet And This Is Why It Should Matter To You
China has three telecom providers, China Mobile, China Unicom and China Telecom, all of which are state-owned. In a recent order, all three have been instructed to block access to VPN and proxy services by…
Chinese Telecom Operators To Cancel Long-distance Call, Roaming Fees
China’s three major telecom operators, China Telecom, China Mobile, and China Unicom, announced plans to cancel long-distance call fee and roaming fees within China from September 1, 2017, which is one month earlier than the…
Trump accused China of profiting from American trade while doing nothing to restrain North Korea.
“We think the North Korea nuclear issue and China-U.S. trade … are in two completely different domains,” Chinese Vice Commerce Minister Qian Keming said at a news conference in Beijing. “They aren’t related. They should…
The immigrant success story that led police to a Chinese banking giant
The case file, he said, was sealed by the court so the bank could not comment on it. By the time of his arrest, Gao had become a prominent philanthropist. He had opened art galleries…
RPT-SPECIAL REPORT-How China’s biggest bank became ensnared in a sprawling money laundering probe
The bank said it had strengthened its internal checks and that the settling of the case did “not imply any admission of guilt.” For European countries, meanwhile, the investigations pose the risk of diplomatic conflict…
New chiefs at China’s top banks signal further reshuffles ahead
Chen Siqing (陳四清), previously Bank of China’s president … an economics professor at the Beijing Institute of Technology. ”The leadership wants to install people that they can trust to clean the troublesome financial industry.“ (…
How the Madrid branch of China’s ICBC bank ran a massive money laundering scheme
The bank said it had strengthened its internal checks and that the settling of the case did “not imply any admission of guilt”. For European countries, meanwhile, the investigations pose the risk of diplomatic conflict…
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