BEIJING (Reuters) – China’s banking regulator said on Wednesday that it will push forward with deleveraging and proactively fend off external risks, as the financial sector still faces hidden risks an… ( read original story…
Monthly Archives For August 2018
Trade tensions cast shadow as China’s top banks post higher profits
BEIJING (Reuters) – Agricultural Bank of China (AgBank) (601288.SS), the country’s third-largest lender, said its asset quality is expected to stabilize but mounting trade tensions are a threat … ( read original story …)
Rights groups to Google: No censored search in China
BEIJING — More than a dozen human rights groups are urging Google not to offer censored internet search in China, amid reports it is planning to again provide the service in the giant market. (…
Customers Died. Will That Be a Wake-up Call for China’s Tech Scene?
“Truly disgusting, despicable marketing for Didi Hitch that’s all sexual innuendo and all about ‘picking up’ girls,” said Rui Ma, a technology investor who works in both Silicon Valley and China, on T… ( read…
Chinese Tesla rival NIO revs up US$1.3bn IPO on NYSE
In a filing with the Securities and Exchange Commission, NIO registered an IPO of its American depositary shares … at about half the price of Tesla’s Model X in China. The ES8 is Nio’s first…
China’s smaller city net users are mobile junkies and prefer short video content over movies and chatting
China’s internet users in smaller cities, representing more than half of total netizens in the world’s most-populous nation, remain heavily attached to their mobile phones and are spending an increasi… ( read original story …)
Mobile Payments in China: Why Foreign Businesses in China Should Adopt a Strategy
Every country in the world has its own way of doing things, ranging from the type of food they eat to how they socialize with their friends to how they pay for things. The way…
Cash has done its dash as China gets mobile
China’s headlong rush into e-commerce, particularly mobile commerce, is now providing insights into the future of business in the west. Mobile payments have become so widespread in China, particularly … ( read original story …)
Alibaba Invested 1 Billion in Mobile Gaming Distribution
The association also aims at bridging the mobile games distribution between China and Russia, Europe, Japan, Middle East and the US, and provides upgraded gaming experience to local users. With this n… ( read original…
China denies Trump’s hacking accusation
got hacked by China. Next move better be by the FBI & DOJ,” he tweeted. Trump’s tweet seemed to have been influenced by a report published Tuesday on the The Daily Caller, the right-wing news…
Rights groups urge no censored Google search for China
BEIJING — More than a dozen human rights groups have sent a letter to Google urging the company not to offer censored internet search in China, amid reports it is planning to again provide the…
Garlic and the ‘dirty secret’ of China’s prisons
Prison labour is common and legal in China. And the “Financial Times” traced at least 55 prison companies around the country. But exporting goods made by prison labour is against China’s own laws. And ……
Ikea is the latest big brand to feel the heat in China over Taiwan
Ikea is coming under fire in China for how it describes Taiwan, making it the latest in a string of global brands that have fallen foul of Beijing’s political sensitivities. The Swedish furniture … (…
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