one of the top telecom equipment suppliers in China, is banking on its efforts in promoting digital transformation for firms in the financial and other industries, to achieve a "much faster" year-on-year growth in its enterprise business this year. ( read original story ...)
China Cracks Down On Banks’ Risky Lending Practices
Two unnamed sources told the publication that the nation’s financial regulator, the China Banking and Insurance Regulatory Commission (CBIRC), have deployed teams from local branches to commercial banks. Officials will stay at those branches and monitor ... ( read original story ...)
China’s biggest tech companies have reason to be worried
two of China's biggest tech companies. That's left many to wonder: Will big names like Alibaba, Tencent and Lenovo be next? "If things continue as they have been, all bets are off," said Samm Sacks, a senior fellow in the Technology Policy Program at the ... ( read original story ...)
Hope for US trade visit to China: A delay in harmful tariffs
Beijing could offer to cut its 25 percent tariff on auto imports and make it easier for U.S. carmakers to do business in China. In a recent speech, Xi pledged to do both. China could also offer to limit its steel exports — another source of tension ... ( read original story ...)
Communist China’s Latest Intellectual Property Con: Stealing IP Creation
China is an “alleged” IP thief – the way Don Juan was an “alleged” fan of women. How Much Has the US Lost from China’s IP Theft?: “The United States Trade Representative, which led the seven-month investigation into China’s intellectual ... ( read original story ...)
Two China biotechs drop US IPO plans for $800 million Hong Kong floats
HONG KONG: Two Chinese biotechs have axed plans to list in New York and instead aim to raise up to $800 million in Hong Kong IPOs, seeking to cash in on new rules to woo early-stage drug developers, sources said. Fidelity Investments-backed Innovent ... ( read original story ...)
China flexes muscles with ‘Guam killer’ missile and more drills near Taiwan
claimed by China as its sacred territory, has rattled nerves around the region and in Washington. Speaking at a regular monthly news conference, Defence Ministry spokesperson Wu Qian said that the military had begun putting into service the DF-26 ... ( read original story ...)
China Mobile and Huawei Jointly Build an E2E Open Lab Based on Latest 5G Standards
[Beijing, China, April 26, 2018] China Mobile and Huawei jointly set up an end-to-end (E2E) Open Lab in Beijing based on the latest 5G standards during China Mobile 5G Innovation Center's Partner Conference. The two parties also teamed up to showcase 4K ... ( read original story ...)
China Pins Hopes On Blockchain Technology For Government Audits
The National Audit of the People’s Republic of China, the country’s supreme audit institution, is pinning high hopes on blockchain technology as a way to improve government auditing functions, according to a statement posted April 24. An article titled ... ( read original story ...)
MGM China Reports 2018 First Quarter Financial Data
HONG KONG, April 26, 2018 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the "Group") for the three months ended ... ( read original story ...)