Chinese telecom giant China Mobile plans to spin off and list three to four of its subsidiaries, said the company’s managing director and CEO Li Yue at an Aug 9 news conference on interim results,…
Monthly Archives For August 2018
China Evergrande to deliver record dividend of US$2.15 bln
China Evergrande, the second largest Chinese property developer by sales, announced a dividend payment on Thursday that is equivalent to half of its accumulated profits for 2016 and 2017. The develope… ( read original story…
China’s central bank to maintain prudent policy, keep yuan steady
HONG KONG/BEIJING (Reuters) – China’s central bank said on Friday it would maintain its prudent and neutral monetary policy to ensure ample liquidity and keep the yuan largely stable, as global econom… ( read original…
Hedetang was Recognized as One of China’s Top 10 Assured Food Brands
XI’AN, China, Aug. 10, 2018 /PRNewswire/ — Future FinTech Group Inc. (FTFT), a financial technology company and integrated producer of fruit-related products company, today announced the Company’s fr… ( read original story …)
China may be holding 1 million Uighur people in massive internment camp: U.N.
A United Nations human rights panel said on Friday that it had received many credible reports that 1 million ethnic Uighurs in China are held in what resembles a “massive internment camp that is shrou……
China says business ties with Iran no harm to any other country
BEIJING (Reuters) – China’s business and energy ties with Iran do not harm the interests of any other country, the country’s Foreign Ministry said, after U.S. President Donald Trump said companies doi… ( read original…
BRIEF-China Unicom Hong Kong Appoints Zhu Kebing As Chief Financial Officer
Aug 10 (Reuters) – China Unicom Hong Kong Ltd: * LI FUSHEN CEASED TO SERVE CONCURRENTLY AS CHIEF FINANCIAL OFFICER OF COMPANY * ZHU KEBING HAS BEEN APPOINTED AS CHIEF FINANCIAL OFFICER Source text for…
China mosque demolition sparks standoff in Ningxia
according to Reuters news agency. Many questioned why the authorities had not stopped construction of the mosque, which took two years to complete, if it had not been granted relevant permits, accordi… ( read original…
Trump’s Space Force is about beating China, as Beijing is talking as if it already owns space
In laying out its plans for the future of space this week, the US took a big shot at China’s ambitions. The head of the Chinese lunar-exploration program recently described space as if it were…
Trump’s Space Force is about beating China, as Beijing’s talking like it already owns space
The US just laid out its plans for the future of space and took a big shot at China’s ambitions in the process. The head of the Chinese lunar exploration program recently described space like…
BEIJING | China auto sales down 5.3 percent as SUV demand sags
BEIJING — China’s auto sales shrank in July from a year earlier as SUV demand sagged, an industry group reported Friday, adding to signs of economic malaise amid a tariff battle with Washington. Sales ……
Luxury Brands Eye Younger Customers in China
More than four months after French fashion house Christian Dior became the first luxury brand to have an official account in China on shortvideo app Douyin, it had attracted less than 40,000 followers … (…
Chinese President Xi’s favourite steamed buns maker moving closer to IPO -state media
BEIJING (Reuters) – A Beijing steamed buns maker known for being a favourite of Chinese President Xi Jinping is moving closer to an initial public offering after a 92 million yuan (£10.56 million) fun… (…