That means carriers in the United States and China may be racing to build infrastructure more quickly than the technology that would make best use of it is developing. At a recent Huawei summit meeting…
Monthly Archives For April 2018
BRIEF-China Internet Nationwide Financial Says Independent Committee Completed Investigation Into Allegations In Muddy Waters Report
* CHINA INTERNET NATIONWIDE FINANCIAL-INVESTIGATION FOUND NO MATERIAL INCONSISTENCY BETWEEN GROSS REVENUE IN CO’S BOOKS & RECORDS & REVENUE REPORTED IN SEC REPORTS * CHINA INTERNET NATIONWIDE FINANCIAL – INVESTIGATION FOUND ACQUISITION OF BEIJING ……
21 hot cars at the 2018 Beijing Auto Show
There are few segments of the global economy where this is more evident than the auto industry. For more car makers, China is the most important market in the world. The Middle Kingdom’s new-found wealth…
China is monitoring employees’ brain waves and emotions — and the technology boosted one company’s profits by $315 million
Chinese businesses and the military are monitoring employees’ brain activity and emotions. The “emotional surveillance technology” helps employers identify mood shifts so they can change break times, an employee’s task, or even send them home.…
Is Regulation Finally Taming Shadow Banking in China?
Having injected fresh energy into the curbing of shadow banking during last year’s final quarter, it seems that China is now finally seeing its efforts starting to pay off. The once-booming controversial financial sector, which…
BRIEF-China Development Financial Holding unit disposes stake in Qisda for T$3.43 bln
* Says its unit CDIB Capital Group disposes 149.5 million shares of Qisda Corp, at the average price of T$22.954 per share, for T$3.43 billion in total ( read original story …)
China’s Baidu to sell majority of financial services unit for $1.9 billion
(Reuters) – China’s Baidu Inc said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led by TPG Capital Management LP [TPG.UL] and Carlyle Group LP,…
China eases restrictions on foreign ownership of securities ventures
BEIJING (Reuters) – China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some restrictions and launched an application process for more foreign ownership. The consultation…
T-Mobile, Sprint say $26 billion deal would give U.S. tech lead over China
(Reuters) – T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) said on Sunday they had agreed to a $26 billion all-stock deal and believed they could win over skeptical regulators because the merger would create…
Looming $10 Billion IPO Has Hong Kong Bracing for a Cash Crunch
Market players already got a taste of the cash crunch a giant IPO brings when Ping An Good Doctor, a unit of China’s biggest insurer by value, started locking in retail investors for its $1.1…
China presses Canada over illicit marijuana imports
An April 2017 meeting of deputy ministers “determined that China is concerned about what Canada is doing to stem the flow of illicit cannabis into China and we will be working with them on this…
Russia, China, and the US are in a hypersonic weapons arm race — and officials warn the US could be falling behind
China has the only known operational HGV … a senior fellow and co-director of the Nuclear Policy Program at the Carnegie Endowment for International Peace told Business Insider. He warned, however, that that lead “is…
Kazakh Finance Minister meets Chinese colleague in Beijing
BEIJING. KAZINFORM – Minister of Finance Bakhyt Sultanov paid a working visit to Beijing on the invitation of the Chinese side on April 27-28, Kazinform reports. During the negotiations with his Chinese colleague Liu Kun…
