PRESS RELEASE: Recently, China Mobile Research Institute, Zhejiang Mobile and ZTE jointly completed the first trial of the innovative cross-gNB wireless computing power orchestration in China. This is …
Monthly Archives For October 2022
Putin’s energy threat backfires as Russia to bow to China’s demands: ‘Xi in control’
Experts told Express.co.uk that unable to sell their gas to Europe, Russia will be forced to export their gas at a low price to China.
China issues local govt bonds worth over 390b yuan in August
Of the total, the country issued general bonds worth 176 billion yuan as well as 214.9 billion yuan of special bonds in the period, the Ministry of Finance said in a statement. The bonds had…
China’s Stake in World Ports Sharpens Attention on Political Influence
two brands.” A 70-plus page publication for COSCO crew labeled “internal information” seen by Newsweek gives a rare glimpse of CCP activity. Crew on board a COSCO ship swears loyalty to the Communist …
China announces latest easing of foreign investment rules
The importance of the latest measures for China’s domestic market and in showing the country’s open stance should not be underestimated, according to Zhao Xijun, a Renmin University finance professor …
Chinese crypto mogul Leon Li sells stake in exchange firm Huobi
Once the most active Bitcoin trading platform on the globe, Huobi has in recent years retreated from China, its biggest user base and revenue source at one time. Mr Li’s exchange stopped providing …
Hong Kong’s axed quarantine brings no joy for China-focused business
Hong Kong’s move to axe its hotel quarantine won applause from the city’s battered aviation sector, but scores of other struggling businesses are pinning their hopes on cracking open a still-closed …
China to include eligible dual-listed shares in Stock Connect scheme
Dual-class shares, which have converted to primary listings in Hong Kong, can be included in the cross-border Stock Connect scheme, Shanghai and Shenzhen stock exchanges said on Saturday, potentially …
Dozens of Chinese cities implement family house mortgage paying policies to boost property market
Authorities in over 30 Chinese cities have allowed house buyers to pay the housing mortgage by using family members’ housing provident fund to reduce loan pressure, such a scheme is meant to further …
Samsung, SK vow efforts for smooth operations in China despite U.S. chip export curbs
Samsung Electronics Co. and SK hynix Inc. of South Korea will strive for smooth business operations in China, in spite of the latest U.S. export controls, on the basis of continued consultations with …
China releases first batch of 2023 crude oil import quotas
China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners, four sources familiar with the matter said on Saturday.
Samsung, SK vow efforts for smooth operations in China despite US chip export curbs
The Biden administration published a sweeping set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world …
US hits China with sweeping tech export controls
Restrictions will limit Chinese companies’ access to advanced computer chips and slow their progress in artificial intelligence …