Now, thanks to high bandwidth internet technology, the classrooms at Lumacha and other schools in the northwestern part of China are no longer quiet – except that the chatter is coming across a live streaming…
Monthly Archives For March 2018
China regulator to cut banks’ bad debt buffers – sources
SHANGHAI (Reuters) – China’s banking regulator plans to reduce the amount of funds that banks must set aside to cover bad loans, two sources with direct knowledge of the situation said on Tuesday. The China…
China asks for hold on UN ban of North Korea traders
China’s government said Tuesday it asked for a hold on a U.S … “It takes some time for us to look into the matter together with other agencies,” said Geng at a regular news briefing.…
China defends hike in military spending as proportionate and low
BEIJING (Reuters) – China’s increase in military spending for 2018, the biggest rise in three years, was proportionate and low, and Beijing had not been goaded into an arms race with the United States, state…
Urgent rates decision likely to face next head of China’s central bank
SHANGHAI/BEIJING (Reuters) – China’s central bank will probably have to respond to an expected U.S. interest rate rise at a particularly sensitive time later this month. Zhou Xiaochuan, the long-serving People’s Bank of China (PBOC)…
Airbnb has removed listings in Beijing and canceled bookings during China’s annual parliament because it wants to be ‘good neighbors’
Airbnb has cancelled bookings and removed listings in Beijing until March 30. The company confirmed to Business Insider it made the decision due to “external factors” and that it always tries to be “good neighbors.”…
China pledges to attract global talent and venture capital in bid to accelerate technology push
China has pledged to accelerate its efforts to surpass the US in advanced technologies from artificial intelligence (AI) to robotics by wooing overseas talent and venture capital investment. The government will do more to implement…
Beijing sets softer growth target with eye on financial risks and economic restructuring
Beijing has set a lower economic growth target for this year than the 6.9 per cent achieved last year as it keeps an eye on global trade uncertainties and long-term financial risks and seeks new…
Telefónica, China Unicom partner in IoT
Madrid – Telefónica and China Unicom have signed an agreement in the field of Internet of Things (IoT). Under the partnership the two companies will have access to each other networks and deploy their IoT…
China phone users to get major tariff cut on Internet
China Mobile and China Unicom, two prominent telecom operators in China, will offer more free Internet access, reduce mobile data tariffs, enhance network speed, etc. as part of their strategy to meet a Government direction.…
China Unicom expects 178-pct surge in 2017 net profit
Chinese telecom giant China Unicom expects its net profit in 2017 to surge 177.6 percent due to primary business growth, according to a company statement. Net profit attributable to shareholders was estimated at 430 million…
U.S. Navy carrier in Vietnam puts China on notice
DANANG, Vietnam — For the first time since the Vietnam War, a U.S. Navy aircraft carrier is paying a visit to a Vietnamese port, seeking to bolster both countries’ efforts to stem expansionism by China…
China sets ambitious growth target, promises steel cuts
BEIJING — China’s top economic official set a robust growth target Monday and promised more market opening and cuts in a bloated steel industry that has inflamed trade tensions with Washington and Europe. The growth…