In many Chinese cities, government restrictions have cooled formerly feverish property markets, but in the southwestern city of Chongqing, construction is booming and sales soaring as investors rush … ( read original story …)
Monthly Archives For June 2019
China hosts conference to promote AI ethical standards
… provided to China Daily] China is keen on ensuring that ethical standards take hold in the booming artificial intelligence industry, says Chen Xiaoping, director of the Robotics Lab at the … ( read original…
Trax eyes greater presence in China with LenzTech
According to company officials, the merger will combine Trax’s expertise in merchandising strategies and LenzTech’s crowdsourcing market competitiveness and AI technology to help digitize China’s … ( read original story …)
Hexindai Reports Unaudited Fourth Quarter and Fiscal Year 2019 Financial Results
BEIJING, June 18, 2019 (GLOBE NEWSWIRE) — Hexindai Inc. (NASDAQ:HX) (“Hexindai” or the “Company”), a fast-growing consumer lending marketplace in China, today announced its unaudited financial … ( read original story …)
How China is counting on 5G to improve health care
In China, with a population of about 1.4 billion at the end of last year, the stakes are high for health care to become one of the major applications for 5G mobile technology because the…
Are Shenzhen Investment Limited’s (HKG:604) Interest Costs Too High?
Investors are always looking for growth in small-cap stocks like Shenzhen Investment Limited (HKG:604), with a market cap of HK$24b. However, an important fact which most ignore is: how … ( read original story …)
China’s Got More Competition Now as Info-Tech Exporter to the U.S.
China’s still ahead of the pack as a supplier of information technology to the U.S., but the gap is starting to narrow. Equipment that can process data faster and in larger volumes is key to…
US-China contest centres on race for 5G domination
Last year they reached $107bn. Friction between the US and China, which seemed to have its origins in trade disputes, has moved on. Today telecoms and wireless technology are at the forefront of the ……
China Financial POS Terminal Industry Report, 2019-2025
NEW YORK, June 18, 2019 /PRNewswire/ — In 2018, Chinese banks issued 7.597 billion cards, an upsurge of 13.51% from 2017. At the same time, the number of credit cards rose from 588 million in…
Watch out, Facebook plans huge blockchain bank, virtual nation
As the Intelligencer points out, Calibra has only one rival, China, which already has a blockchain-based digital currency for a billion-plus-citizens economy. Remember, you can never leave Zuckerstan. … ( read original story …)
China suspends imports from Canadian pork company over food safety issues
MONTREAL — China is targeting another Canadian pork producer by temporarily halting imports allegedly over food safety issues at a time when diplomatic tensions are intensifying between the two … ( read original story …)
To Beijing, Hong Kong’s extradition protests are sealing the city’s fate. Can ‘one country, two systems’ survive?
With China’s economic rise, it is natural that Hong Kong’s status as a trade and finance hub has declined. Still, following the Occupy protests in 2014 , Beijing has been more proactive about … (…
Facebook’s Libra: blockchain, but without the blocks or chain
China’s social media-turned-payments giant WeChat Pay — who Facebook is surely trying to compete with on a global level — doesn’t use the blockchain. Nor does PayPal. Or Venmo. Internet money … ( read original…
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