China Mobile is working with Chinese handset players trying to roll out 5G smartphones priced below CNY2,000 (US$292) before the end of 2020 compared to a range of CNY8,000-10,000 available currently. … ( read original…
Monthly Archives For July 2019
European Tech Stocks Reach One-Year High on U.S.-China Truce
(Bloomberg) — European technology stocks reached the highest level since June 2018 after the U.S. and China signaled a truce in the trade dispute, and the U.S. said it would permit some companies to ……
China Vowed to Safeguard Hong Kong’s Freedoms. Some See a Wolf at the Door.
And last year, Hong Kong expelled a Financial Times editor who had hosted a talk by an activist who called for the city’s secession from China. The decision to expel a representative of a powerful…
China c.bank says will play active role in responding to trade frictions
BEIJING — China’s central bank said on Monday it … vowing to “resolutely” fend off systemic financial risks. The PBOC also said it would prevent and resolve risks in its key institutions … ( read…
China Plans to Tighten Rules on $2 Trillion Corner of Market
China’s banking regulator plans to tighten rules on so-called … They can invest in anything from bonds and stocks to property. Like mortgage-backed securities in the U.S., WMPs had become key … ( read original…
China c.bank adviser sees no ‘big’ stimulus unless trade war worsens
DALIAN — A Chinese central bank adviser said on Monday China’s economy is likely to grow more than 6% this year provided a bitter trade dispute with the United States does not worsen, and ……
JP Morgan predicts US-China truce will keep investors optimistic for a couple months
Most stock markets in Asia Pacific climb on Monday after the U.S. and China agreed to hold off new tariffs. “I think this optimistic tone will continue for the next couple months,” says Jing Ulrich,…
XCMG Ranks 65th in World Brand Lab’s 2019 China’s 500 Most Valuable Brands with 71.365 Billion Value
BEIJING, July 1, 2019 /CNW/ — XCMG, a leading Chinese construction machinery manufacturer with a brand value of 71.365 billion yuan (USD 10.3775 billion), has ranked 65th in the 2019 edition of China … (…
Nigeria-China currency swap: Manufacturers groan over Renminbi access
Almost 70 per cent of Nigeria’s imports come from China and other Asian countries, while a paltry 12 per cent comes from the United States of America. This must have, no doubt, influenced the decision…
Beijing’s New Airport Is Completed, Opens September
Beijing’s second international airport has been completed — and it’s expected to become one of the world’s busiest. Designed to take the pressure off the overcrowded Beijing Capital International … ( read original story …)
Beijing’s giant new airport set to open on eve of China’s 70th birthday
BEIJING (AFP) – Beijing is set to open an eye-catching multi-billion-dollar airport resembling a massive shining starfish, to accommodate soaring air traffic in China and celebrate the communist … ( read original story …)
Beijing’s new starfish-like airport set to open in September
Beijing is set to open an eye-catching multi-billion dollar airport resembling a massive shining starfish, to accommodate soaring air traffic in China and celebrate the Communist government’s 70th … ( read original story …)
Brewers move upmarket in China as thirst for beer wanes
China Resources Beer has formed an alliance with Netherlands-based Heineken, the world’s second-biggest brewer, and has started selling Heineken brand products exclusively. Tsingtao Brewery has … ( read original story …)