China Unicom and Telefónica are to combine their services and networks in the internet of things (IoT) to accelerate deployment around the world. The companies said that, under the partnership, which was signed in Madrid,…
Monthly Archives For March 2018
Chinese Animation Streaming Platform Bilibili Heads for U.S. IPO
The company aims to raise some $400 million in fresh capital. The disclosure comes only days after iQIYI, one of China’s leading video streamers, revealed details of its IPO on the NASDAQ exchange. In its…
‘Make China medieval again’: Beijing finalizes its push to let President Xi rule indefinitely
BEIJING — China’s government pledged Monday to deliver robust growth, pursue advanced technology and boost military spending while urging the public to embrace President Xi Jinping’s rule as its ceremonial legislature prepared for changes to…
China boosts defense spending, rattling its neighbors’ nerves
BEIJING (Reuters) – China unveiled its largest rise in defense spending in three years on Monday, setting a target of 8.1 percent growth for this year, fuelling an ambitious military modernization program and making its…
China pledges strong growth as Xi bids to rule indefinitely
The premier said Beijing will speed up state-led development of integrated circuits, mobile communications, aircraft engines, electric cars and other technology. China’s military spending, already the world’s second-highest behind the United States … ( read…
‘Beijing’s Silicon Valley’ offers express green cards for foreign spouses of top Chinese talent
Beijing is offering streamlined permanent residency for the foreign spouses and children of top-tier Chinese talent at the capital’s hi-tech hub as it tries to recruit skilled professionals. The benefits for workers at the Zhongguancun…
No. 2 spender China to boost defence spending in 2018
BEIJING — China’s defence budget will rise 8.1 per cent to 1.1 trillion yuan ($173 billion) this year as the country prepares to launch its second aircraft carrier, integrate stealth fighters into its air force…
Xi term-limits controversy looms at China political meeting
China’s fraught relations with North Korea, its dispute with South Korea over missile defence and perennial sparring with the U.S. over trade and regional security are among the hot-button issues likely to be raised at…
China boosts defense spending amid military modernisation
China on Monday unveiled its largest rise in defense spending in three years, setting a target of 8.1 per cent growth over 2017, fueling an ambitious military modernisation program amid rising concerns over its security.…
As Western banks leave, China adds Brunei to new silk road
HSBC pulled out of Brunei last year, while Citibank exited in 2014 after 41 years. Bank of China, meanwhile, opened its first branch in the sultanate in December 2016. The Muara Besar project is promising…
European brands to steal the show at Intertextile Shanghai
European brands are set to steal the show at the upcoming Intertextile Shanghai Apparel Fabrics show in China, one of the leading apparel fabric and accessories exhibitions in the world. The show that provides an…
China’s sports industry eyes global market
[Photo/China Daily] FUZHOU – Zheng Jie was excited when he saw Chinese athletes wearing outfits produced by his company at the closing ceremony of the 2018 Pyeongchang Winter Olympics. “Our brand caught world attention at…
China Mobile to launch 5G trials in Q2 – report
China Mobile plans to start large-scale 5G trials later this year. The company has confirmed it will run field trials in Shanghai, Hangzhou and three other cities from the second quarter of this year, with…