At the end of 2008, China’s leaders rode to the rescue. Faced with a collapse in global demand as the international financial crisis deepened, they launched a massive stimulus programme that supported … ( read…
Monthly Archives For August 2018
Chinese intellectual property theft: Time for show trials (but get our story straight)
The mantra that “China is robbing our technology blind” regarding intellectual property, as mouthed by White House aide Peter Navarro, echoes a widespread — and not inaccurate — charge against Beijing … ( read original…
China Mobile approves Interlab Test Solution Device/UICC as first platform for NB-IoT SIM conformance tests
Since June 2018 7layers has been listed with “Interlab Test Solution Device/UICC” as a technically certified partner for NB-IoT SIM/SAT conformity test solutions at China Mobile, one of the largest an… ( read original story…
Chinese bitcoin mining rig makers aim to raise billions in HK IPOs
People close to the IPOs said regulatory scrutiny and a patchy performance … tools and the forthcoming build-out of 5G telecoms networks both within and outside China. “The mainland government encou… ( read original story…
Nissan launches China-focused electric car
… Nissan’s first electric sedan designed for China began production Monday at the start of a wave of dozens of planned lower-cost electrics being created by global automakers for their biggest marke… ( read original…
Catering to China’s Elderly: Smart Brands are Already Adapting
Wang Jianmei never thought she would own a smartphone: the 68-year-old retiree always believed they were just for the young. But one day, she noticed a group of her elderly neighbors in her village in…
Can the ‘Made in China’ label make a comeback?
China already has its foot in the door by acquiring several local French labels. With Western brands now under the Asian umbrella, companies turn their attention to creating brands with a Chinese busi… ( read…
Yuan hits four-week high as China signals support, revives X-factor for fixing
SHANGHAI (Reuters) – China’s yuan finished Monday afternoon trade at a near 4-week high to the dollar after the central bank revived a “counter-cyclical factor” in its daily fixing to support the curr… ( read…
Offshore yuan touches 1-month high after central bank makes tweak to daily pricing
Offshore yuan, traded outside the mainland, weakened Monday, giving up early morning gains when the currency jumped to its highest level in almost a month following an adjustment by the central bank i… ( read…
China cabinet to curb risks in online finance, share-backed loans
BEIJING (Reuters) – China will continue to resolve financial risks in online lending and the use of shares as collateral for financing activities to protect market stability, the state council said on … ( read…
Chinese bitcoin mining rig makers aim to raise billions in HK IPOs: sources
People close to the IPOs said regulatory scrutiny and a patchy performance … tools and the forthcoming build-out of 5G telecoms networks both within and outside China. “The mainland government encou… ( read original story…
China clamping down on transport sector after Didi passenger’s murder
BEIJING (Reuters) – China pledged to tighten oversight of its transportation sector, days after a Didi Chuxing passenger was raped and murdered by her driver, sparking social media outrage and forcing … ( read original…
Yuan at two-and-a-half week high as China signals support, revives fix factor
SHANGHAI (Reuters) – The yuan hovered at a 2-1/2-week high against the U.S. dollar on Monday after China’s central bank revived a “counter-cyclical factor” in its daily fixing to support the currency, … ( read…