At the 2018 Barcelona Mobile World Congress, China Unicom, in partnership with ZTE and Intel, has officially launched its edge cloud field trials, and released the China Unicom Edge Service Platform Architecture and Industry Ecosystem…
Monthly Archives For February 2018
China considers merger of insurance and banking watchdogs, sources say
China is considering plans to merge its banking and insurance watchdogs to bring more order to a fragmented regulatory system and to heed President Xi Jinping’s calls to reduce financial risk. Sources with knowledge of…
iQiyi: ‘China’s Netflix’ to list on US stock market
In China, it competes with fellow streaming platforms Youku Tudou … though revenue jumped by 55% to 17.4bn yuan. Baidu, which founded the business as Qiyi before later changing its name to iQiyi, is itself…
Rob Blain: What Awaits the Chinese Property Industry
Given this backdrop, the continuation of the relatively low interest rate environment will not exert strong pressure on property yields. China’s pursuit of deleveraging is expected to create opportunities for non-bank lenders. Chinese developers face…
Baidu’s video unit iQiyi files for US IPO of up to $1.5 billion
iQiyi, a unit of Baidu, filed for a $1.5 billion IPO. The Chinese company is known for its Netflix-like services. The Beijing-based company has posted losses since its inception in 2010. Chinese video streaming service…
Artprice’s Annual Report on the Global Art Market in 2017: A Genuine Alternative to Financial Markets, with China in First Place
Our 20th Global Art Market Annual Report is once again the fruit of an alliance between Artprice, world leader in Art Market information, founded and directed by thierry Ehrmann, and Artron, its powerful Chinese institutional…
China’s military flexes muscles for domestic objective: more funding
BEIJING (Reuters) – With stealth jets entering service, leaked pictures of new high-tech naval artillery and proud reports of maneuvers that “dare to shine the sword,” China’s armed forces are putting on a show of…
Asian shares lurch lower as weak China PMI adds to Fed rate worries
Asian markets had opened mildly lower but selling intensified after data showed growth in China’s manufacturing sector in February slowed more than expected to the weakest in over 1-1/2 years as the Lunar New Year…
China is set to let Xi Jinping rule for life — and it’s a ‘death knell’ for anyone opposing him
the conduct of foreign policy,” Economy told Business Insider. “He is the outward face to the rest of the world. When Xi Jinping travels, he goes as the president of China, not as the General…
China banking sector’s total assets reach 252t yuan
Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a bank in Beijing on March 30, 2016. [Photo/Agencies] BEIJING – Total assets in China’s banking sector saw steady…
China startup Nio hires eight banks for up to $2 billion U.S. IPO: sources
HONG KONG (Reuters) – Chinese electric vehicle startup Nio has hired eight banks including Morgan Stanley (MS.N) and Goldman Sachs (GS.N) to work on a planned U.S. stock market listing this year worth up to…
China’s iQIYI Sets NASDAQ Share Listing
iQIYI, one of China’s video streaming market leaders, has filed for an IPO that will see its shares traded on the New York-based NASDAQ exchange. The company has filed a prospectus that provides a sketch…
Xiaomi, ‘China’s Apple’, makes debut in Spain at world’s biggest mobile show ahead of IPO
Xiaomi, at times referred to as the “Apple of China”, made its debut in Barcelona this week at the mobile industry’s most important event ahead of a widely anticipated IPO set for later in the…
