China is on the cusp of recasting itself as a leading technology innovator from a mere follower in the telecommunications industry, as efforts to develop a global 5G mobile standard near the final stage. “While…
Monthly Archives For October 2017
U.S. IPO Weekly Recap: Roku Streams Ahead In Week Of 6 IPOs
In another strong week for IPOs, six companies combined to raise $1.2 billion … RYB Education, a provider of early childhood education in China, priced above the range at $18.50 and raised $144 million. It…
Beijing: City between two worlds
BEIJING — Beijing is a city stepping between two worlds, trying with all its might to seem to have completed the step. The old world, or Third World as we sometimes call it, has been…
China Soft Power Technology Holdings Ltd (0139) Soars 5.73% on Oct 1
Shares of China Soft Power Technology Holdings Ltd (HKG:0139) last traded at 0.166, representing a move of 5.73%, or 0.009 per share, on volume of shares. After opening the trading day at 0.16, shares of…
Chinese investors bemoan Beijing’s bitcoin crackdown
Beijing’s decision to shut down bitcoin trading platforms has left investors scrambling to cut their losses and threatens to deprive the crypto-currency of a crucial market. “The authorities don’t understand anything about bitcoin!” fumed Zhang…
With Wang Zhimin, what will Beijing’s liaison office in Hong Kong be about?
It speaks volumes that Beijing’s new representative in Hong Kong chose to make his first public appearance attending the National Day reception organised by local media groups last Friday. Wang Zhimin, who replaced Zhang Xiaoming…
U.S. Navy conducts drills amid North Korea tensions, as China keeps watch
As the commanders of the largest U.S. warship in Asia seek to maintain operational readiness amid protracted tensions over North Korea, they find themselves keeping one eye on China, too. On Saturday, as F-18 Super…
China Tries to Steer Loans to Small Businesses
A little more than a week ago, Standard & Poor’s downgraded China’s sovereign debt rating and its ratings on many Chinese financial institutions, citing a steep expansion in credit. But more than half of that…
Why China diverts consumer loans to real estate
“People should be consuming out of their higher future income,” he said. “That’s what a financial system is supposed to do.” But in China, “it doesn’t look like that’s happening.” With few investment options –…
China Fears India May Be Edging It Out in Culture Battle
Similarly, China has made no secret of its soft power ambitions. The outcome of its most ambitious soft power project to date — President Xi Jinping’s $1 trillion One Belt, One Road initiative — remains…
After Doklam stand-off, China seeks a friend in India
China is the largest trading partner of India … while finding solutions to new problems. Get latest news & live updates on the go on your pc with News App. Download The Times of India…
China gives banks room to increase lending
Beijing: China’s central bank on Saturday cut the amount of cash that some banks must hold as reserves for the first time since February 2016 in a bid to encourage more lending to struggling smaller…
China’s central bank loosens small-business loans
BEIJING–China’s central bank announced it will free up funds for banks that boost lending to small businesses, in a targeted measure to balance support for the economy without aggravating already high corporate debt. In a…
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