BEIJING: China Mobile Pakistan (CMPak) telecom company will further increase its investment in 4G in Pakistan and would build 5,000 base stations in the next three years. The company entered in Pakist… ( read original…
Monthly Archives For October 2018
China Mobile Ltd. (CHL) Shares Sold by Advisors Asset Management Inc.
Advisors Asset Management Inc. decreased its stake in China Mobile Ltd. (NYSE:CHL) by 23.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchang… ( read original…
China finance: why ‘accidental banks’ face a crackdown
It is a campaign that has spilled across China’s borders and into global markets. The curbs on the investment banking operations at Huarong and three other state-owned asset management companies, or A… ( read original…
China promises not to weaken yuan, criticizes US concern
BEIJING — China promised Tuesday not to weaken its currency to boost … Mnuchin’s trip to Indonesia for meetings of the International Monetary Fund and World Bank. The tightly controlled yuan has los… ( read…
The Latest: IMF head to US, China: fix not break trade rules
NUSA DUA, Indonesia — The Latest on the IMF-World Bank annual meeting in Bali, Indonesia (all times local): 11:05 a.m. International Monetary Fund Managing Director Christine Lagarde says the U.S. and … ( read original…
The world’s top 10 most valuable nation brands
China has maintained its spot as the world’s second-most valuable nation brand, with its worth rising 25 percent to $12.8 trillion, according to the latest Brand Finance Nation Brands report … ( read original story…
The ‘Tesla of China’ IPO’d last month in the US — take a look inside the swanky clubhouses it’s using to try to lure wealthy people to buy its cars
The Chinese electric-car startup Nio, which has been touted as the “Tesla of China,” went public in the US last month. The company is competing with Tesla in China, where the American automaker genera… (…
In a first, a Chinese spy is extradited to the U.S. after stealing technology secrets, Justice Dept. says
Last week Vice President Pence accused Chinese security agencies of masterminding the “wholesale theft of American technology.” [Read the indictment] Justice Department officials said the indictment i… ( read original story …)
Amid trade war and spying claims, Apple CEO Tim Cook turns on the charm in China
a technology analyst at IDC, an international market research firm. “Part of the messaging that he is probably hoping to establish while he is here is to emphasize how important China is to his ……
Chinese finance ministry official says ‘optimistic’ on trade war breakthrough
NUSA DUA, Indonesia (Reuters) – A Chinese finance ministry official said on … on an additional $267 billion of Chinese imports if Beijing retaliates for the recent levies and other measures … ( read original…
China issues rules for online financial bodies to battle money laundering
BEIJING (Reuters) – China’s central bank on Wednesday issued anti-money laundering and counter-terrorism financing regulations for online financial institutions, as part of Beijing’s efforts to rein i… ( read original story …)
China says unaware ex-Interpol president’s wife threatened
BEIJING — China is “not aware of the situation” surrounding reports that the wife of the detained Chinese former president of Interpol has been threatened, a foreign ministry spokesman said Wednesday … ( read original…
China Plans Major Expansion of Too-Big-to-Fail Rules
(Bloomberg) — China plans to increase the number of companies it deems systemically important financial institutions, people familiar with the matter said, a sign that policy makers are stepping up c… ( read original story…
