The Chinese tech giant Huawei and the network operator China Unicom have recently announced a deal that will focus on the development of 5G network slicing ecosystem. As part of this agreement, the two companies…
Monthly Archives For May 2018
China Unicom to roll out 5G on mass scale by 2020
A customer uses her mobile phone outside an outlet of China Unicom in Yuncheng, Shanxi province.[Photo/Xinhua] China United Network Communications Group Co Ltd, the country’s second-largest telecom carrier, said on Thursday that it will finalize…
China Unicom and Huawei to develop 5G network slicing
Huawei and China Unicom have entered into a joint innovation agreement to collaborate on 5G network slicing. Under the terms of the agreement, the companies will work together to research and demonstrate the application of…
China Bank Launches Outlet Completely Run By Robots, Making The Entire Experience ‘Personless’
Artificial intelligence and machine learning are not just random jargons coined by industry experts. They mean something to you, your career and your kid’s future. AI-powered technology has already claimed many jobs that were once…
UPDATE 1-China central bank lends 367.50 bln yuan via MLF in April
(Adds details on lending operations) SHANGHAI, May 2 (Reuters) – China’s central bank said on Wednesday that it lent 367.50 bln yuan ($57.79 bln) to financial institutions via its medium-term lending facility (MLF) in April.…
The Chinese bank branch staffed entirely by robots
Besides a bored-looking security guard at the entrance, there are no human staff present. China Construction Bank (CCB), the country’s second-largest financial institution, has opened what it says is the world’s first robot bank. The…
China Is Weakening Its Currency Before U.S. Trade Talks Begin
China weakened its daily currency fixing by more than traders and analysts had expected before high-ranking U.S. officials arrive in the country to discuss trade issues. The People’s Bank of China cut the reference level…
Lloyds’ private bank tells its wealthy clients that emerging markets are ‘THE asset class to watch’
… watch” according to Lloyds Bank’s private banking division, which advises wealthy clients on how to invest. In a review of its ten-year investment strategy, Lloyds said that emerging markets such as China, India, Indonesia…
China’s central bank injects liquidity into market in April
BEIJING, May 2 (Xinhua) — China’s central bank continued to pump cash into the money market in April to maintain liquidity at a reasonable level. The People’s Bank of China (PBOC) said Wednesday in an…
China’s central bank injects liquidity via reverse repos
China’s central bank on Wednesday injected funds into the banking system via open market operations to maintain liquidity. The People’s Bank of China (PBOC) conducted 200 billion yuan (about 31.4 billion U.S. dollars) of seven-day…
Bank of China Interview Questions
the interview was very easy. no difficult question if u were to ask me, the toughest question was about why am i interested in corporate banking and why work in a china bank. There not…
Xiaomi’s smartphone shipments double ahead of IPO as ZTE’s slump by half
The companies are arguably the two most newsworthy smartphone brands in China today – but for very different reasons. Xiaomi is widely expected to file its application for a Hong Kong IPO this week, with…
Mobile payment increasingly popular in rural China
Mobile payment has become more popular in China’s rural areas. [huitu.com] Mobile payment has become more popular in China’s rural areas as internet technology has made transactions faster and more convenient in remote places where…