A new consumer credit rating system being developed by China’s central bank could go so far as to record whether people have paid their utility bills, according to a state media report. The People’s ……
Monthly Archives For April 2019
China’s March forex reserves rise 7-month high to $3.099 trillion
China’s forex reserves expanded marginally,” China’s forex … as foreign inflows into the country’s financial markets look set to boost the currency. Chinese stocks have rallied more than 20 percent … ( read original story…
China’s March forex reserves rise to seven-month high
The tide may also be turning for China’s economy, with business surveys showing March manufacturing activity returned to growth, suggesting months of government stimulus measures are starting to take … ( read original story …)
One Trump Victory: Companies Rethink China
Now companies in a number of industries are reducing their exposure to China. GoPro, the mobile camera maker, and Universal Electronics, which makes sensors and remote controls, are shifting some work … ( read original…
China news agency: ‘New progress’ in US trade talks
WASHINGTON — China’s official news agency says U.S.-Chinese trade talks “achieved new progress” in Washington this week and remaining issues will be handled through “various effective … ( read original story …)
Mobile payment gaining steam in rural China
Mobile payment is gaining steam in China’s rural areas, strengthening its dominant position in online payment in rural areas, according to the country’s central bank. A total of 274.883 billion mobile … ( read original…
Brokers Set Expectations for China Unicom (Hong Kong) Limited’s FY2023 Earnings (NYSE:CHU)
China Unicom (Hong Kong) Limited (NYSE:CHU) – Stock analysts at Jefferies Financial Group issued their FY2023 earnings estimates for China Unicom (Hong Kong) in a research note issued to investors on … ( read original…
China-U.S. trade must benefit both nations
Whether the U.S. can force China to make substantial concessions on “structural reform,” “intellectual property protection,” “forced technology transfer” and government subsidies became a focus of the … ( read original story …)
Rare overtime protest by China tech workers goes viral
JD.com Inc and drone maker DJI Technology Co Ltd were among the blacklisted firms. Alibaba did not immediately respond to a request for comment on Friday, a public holiday in China. A DJI … (…
Terence Corcoran: Stop being so alarmist Canada. The China ‘threat’ is fading fast
From a Chinese perspective, why not? Assorted Canadians have been sounding alarms over the possibility that China’s 5G cellphone technology is full of security bugs that could allow China’s … ( read original story …)
We could lose the 5G race to China, warns US Department of Defense
A new report on the risks and opportunities presented by the introduction of 5G Networks by the Defense Innovation Board – an arms-length consultation panel of the US Department of Defense focusing on … (…
America’s universities are finally waking up to the China threat
The Massachusetts Institute of Technology (MIT) announced it would end all collaboration … They are wholly controlled by China’s education ministry and are part of the Chinese Communist Party’s … ( read original story …)
Machine Intelligence, Schools in China, and You
China is out-innovating the world, and it’s using technology to do it. The Chinese are raising venture capital at unprecedented levels, creating transportation links between major cities, and … ( read original story …)