An easy way to lose friends in China is to say that any of its technology companies owes some its growth and profitability to receiving state money and regulatory protection from competitors. But you ……
Monthly Archives For March 2019
Bank of Beijing eyes joint venture with ING
The Bank of Beijing announced it plans to set up a joint venture with Netherlands-based ING Bank NV with the latter holding the majority stake. Total investment for the joint venture bank will be 3…
Why These Fundamentals Make China CITIC Bank Corporation Limited’s (HKG:998) More Attractive
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! As a large-cap stock with market capitalization of HK$319b, China CITIC Bank Corporation … (…
Canada’s $27B canola market could lose $2.7B over China’s import block
China’s decision to block imports of Canadian canola products signals a significant threat to Canada’s canola farming industry — and has the government rushing to resolve the dispute. The … ( read original story …)
China, U.S. Pore Over Details of Agreement Text to End Trade War
Chinese and U.S. negotiators made “new progress” in trade negotiations as both sides discussed the wording of an agreement that’s designed to resolve a bilateral trade dispute, according to Beijing’s … ( read original story…
Exclusive: Chinese EV car maker NIO restricts its IPO banks from working for rivals – sources
EV CAPITAL-RAISING RUSH NIO’s move comes at a time when many Chinese EV makers are considering IPOs or have launched private fundraisings as China cuts the subsidies it has historically offered as … ( read…
China Mobile International, CMI connects its brand new mobile communication service.
From China and Thailand seamlessly – Two numbers, One SIM with limitless data usage! CMLink of China Mobile International (CMI) partners with Thai mobile carrier TrueMove H to roll out the first … ( read…
China’s Huawei posts 25 percent rise in 2018 profit on smartphone sales
SHENZHEN/HONG KONG (Reuters) – China’s Huawei Technologies … from Washington to ban Huawei from building next-generation mobile networks. Huawei has repeatedly said Beijing has no influence … ( read original story …)
Sony to close smartphone plant in China to cut costs
Samsung late last year said it would cease operations at one of its mobile phone plants in China, as its sales in the world’s biggest smartphone market slumped. Reporting by Pei Li in BEIJING ……
China’s shoppers spent record $41.5t on their phones last year
A new study this week from the People’s Bank of China shows the boom in mobile payments using wallet apps: According to market researcher eMarketer, China is ahead of all other countries in terms of…
China Says Unfair Treatment of Huawei Could Damage Japan Ties
“Ties between Japan and China have returned to a normal path and are beginning … be the Chinese leader’s first visit since taking office. Japan’s three largest mobile carriers have banned Huawei and … (…
China launches anti-addiction drive to protect the country’s short video-loving youth
which is designed to “protect the healthy growth of those who are under 18” and “create a good internet environment in China”, comes amid a drive by Beijing to tighten its grip on short video,…
Understanding How China Became A Tech Giant
Therefore, nowadays, China’s mobile payment market has grown to be almost 50 times the size of the one from the US. The new social conventions and massive technological trends have caused … ( read original…