For a 6 month test period, China Unicom has consistently achieved data rates of 990 Mbps (limited by GigaEthernet) at 850 meters Tests were conducted under serious weather conditions including high …
Monthly Archives For October 2021
U.S. Ban on China Telecom Signals Broad Concern Over Beijing
Corp. by regulators shows that broad concerns about Beijing persist in Washington, even as the Biden administration takes steps to improve communications between the world’s biggest economies.
Global financial crash warning: China panics as one of the world’s biggest property firms
The news has led to comparisons to the 2008 financial crisis, as Evergrande was likened to collapsed US bank Lehman Brothers. The source of Evergrande’s funding for the latest interest payment is not …
China’s Inner Mongolia quarantines tourists amid COVID-19 resurgence
More than 2,000 tourists visiting China’s Inner Mongolia region have been sent to hotels to undergo two weeks of quarantine following the detection of new cases of COVID-19 in the area. The move …
Stranded tourists to leave China’s Inner Mongolia
Tourists are beginning to leave China’s Inner Mongolia after a swift lockdown this week left more than 10,000 people stranded in the Ejin Banner region. China’s Xinhua news agency said on Friday that …
China in ‘culture export’ push as it seeks to expand soft power overseas with global media platforms
According to the most recent breakdown of data from the Ministry of Commerce, China’s exports of cultural products in 2019 were worth US$100 billion while imports were only worth US$11.6 billion. But …
BEST To Sell Express Business In China
BEST Inc (NYSE: BEST) has agreed to sell its express delivery business in China to J&T Express Co., Ltd., a PRC limited liability company and a logistics services provider, at ~RMB6.8 billion ($1.1 …
China’s top airlines post wider losses on COVID-19 resurgence
BEIJING/SYDNEY (Reuters) – China’s three biggest airlines on Friday posted wider third-quarter losses than in the previous quarter as a resurgence of local COVID-19 cases drove a sharp decline in …
China’s Submarine Fleet Is Catching Up to the U.S., Causing Partners to Panic
Australia, India and others are rushing to buy a passenger plane-sized submarine killer called the P-8 Poseidon, which one senior Pentagon official calls “the best answer to countering Chinese …
China debt: Beijing names and shames costly local government projects in bid to curb debt
It is now a key period for China to tackle local debt problems Wen Laicheng “It is now a key period for China to tackle local debt problems,” said Wen Laicheng, a professor of fiscal…
China central bank makes biggest weekly short-term cash injection in 21 months
China’s central bank on Friday injected 200 billion yuan (US$31.29 billion) through seven-day reverse repurchase agreements into the banking system, bringing the weekly net cash injection to the …
Alibaba-backed Best to sell China express delivery business in $1.1 bln deal
Alibaba-backed Best Inc said on Friday it would sell its express delivery business in China to J&T Express Co. Ltd. in a deal valued at about 6.8 billion yuan ($1.06 billion). Oct 29 (Reuters) -…
China proposes guidelines on internet platform responsibilities
SHANGHAI, Oct 29 (Reuters) – China’s market regulator on Friday proposed a long list of responsibilities it said it wanted the country’s internet platforms to uphold, in the latest effort by Beijing …
