Huawei banking on financial digitalization for faster growth

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 ...)

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 ...)