A North Korean official is believed to have arrived in Beijing late on Monday, but China has remained quiet about what could potentially be a historic visit by leader Kim Jong Un. While China doesn’t…
Monthly Archives For March 2018
China’s mystery guest: Rumors North Korea’s Kim Jong Un is in Beijing
(CNN)Heavy security in Beijing and the presence of what appears to be a train that belongs to North Korea’s ruling Kim family are fueling speculation that a high-level representative from Pyongyang, perhaps even Kim Jong…
Parts of China are using facial recognition technology that can scan the country’s entire population in one second
Stxteen areas in China are using facial-recognition technology that can reportedly scan the country’s population in one second, and the world’s population two seconds. Over the last two years the system has been used to…
KKR plans to hike investment in technology, consumer sector
Private equity investment firm KKR & Co plans to boost investment in China with a focus on technology and consumer-related sectors and will set up a new technology fund in the country, according to a…
Trump moves toward China tariffs in warning shot on technology transfer
WASHINGTON (Reuters) – U.S. President Donald Trump lit a slow-burning fuse on Thursday to launch long-promised anti-China tariffs, but his actions appeared to be more of a warning shot than the start of a full-blown…
China can be a standard bearer for technology
ZHI SHUPING, head of the General Administration of Quality Supervision, Inspection, and Quarantine, said in a recent interview that standards will play a key role in promoting the quality of Chinese products. Beijing News comments:…
China warns against ‘trade war,’ appeals for cooperation
Washington accuses China of flooding global markets with unfairly low-priced steel and other goods and stealing or pressuring foreign companies to hand over technology. “The business community has always supported the idea that open market…
China’s OPPO embraces Xiaomi’s flash sale gambit to grow Indian base
OPPO, which launched a new flagship smartphone on Monday in India – its biggest market outside China – plans to woo buyers with an online flash sale for the device on April 2. Similar marketing…
China names reformist Guo Shuqing central bank Communist Party chief, vice governor
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, has been appointed the Communist Party chief and deputy governor of the People’s Bank of China (PBOC), official publication…
BRIEF-China Development Bank Financial Leasing Posts FY Profit Attributable Of RMB2.13 Bln
* BOARD RECOMMENDED TO DISTRIBUTE A FINAL DIVIDEND OF RMB0.7585 PER 10 ORDINARY SHARES Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
SFC identifies deficiencies by lead IPO underwriters
Hong Kong’s securities regulator has issued a fresh circular urging licensed corporations acting as initial public offering (IPO) sponsors to critically review and enhance their systems and controls. The move comes in the wake of…
Asiamoney China retail banking awards 2018
It can be hard to understand the sheer size of China’s banking system. At the end of January, Chinese commercial banks had Rmb248.9 trillion ($39.35 trillion) of assets. Four of the world’s five largest banks…
Asiamoney China private banking awards 2018: A time of rapid growth
As ever in this country, the numbers are extraordinary – whether it’s rate of growth or just the overall total. But Asiamoney has identified China’s best banks in 2018 to help high net-worth individuals with…
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