Technology vendors and some mobile operators showcased their long-term vision for connectivity services in the 6G era. While use cases are still taking shape, initial discussions point towards a …
Monthly Archives For February 2024
China’s Feb factory activity likely contracted for fifth month
To prop up faltering growth, the People’s Bank of China cut the reserve requirement ratio (RRR) for banks by 50 basis points on Feb. 5, the biggest in two years, releasing 1 trillion yuan ($139.0…
Don’t let China skirt tariffs via Mexico
The U.S. should prepare to take action against Mexico unless it ensures Chinese businesses pay tariffs to the U.S.
China’s February factory activity likely contracted for fifth month: Reuters poll
China’s manufacturing activity likely contracted for a fifth straight month in February, a Reuters poll showed on Thursday, possibly increasing the clamour for further stimulus measures as factory …
In delicate China play, Reckitt turns to livestreaming to sell condoms
Durex-owner Reckitt is hoping that Chinese consumers’ penchant for livestream shopping will also extend to purchases of condoms, but the company will have to toe a “delicate line” as it looks to grow …
China’s economy looks like a mess — but some sectors are quietly doing well in its ‘2-speed economy’
Even before COVID-19 hit, Beijing knew China’s economy needed to transition from its position solely as the world’s cheap factory floor — because companies were already starting to leave. The reasons …
Focus: In delicate China play, Reckitt turns to livestreaming to sell condoms
The hype around livestreaming, which has become a major driving force of an e-commerce boom that has been sweeping China since the beginning of the COVID-19 pandemic, could help the British consumer …
Beijing to host 2027 World Championships
Beijing has been selected to host the 2027 World Athletics Championships, governing body World Athletics said on Wednesday.
Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China
Alibaba Cloud on Thursday said it is cutting prices across more than 100 core public cloud products to make cloud computing more accessible in the AI boom. “As the biggest cloud service provider in …
Asia hedge fund launches drop to lowest number in 14 years as China interest wanes
Only 62 new hedge funds launched in Asia last year, the lowest since number since 2009 and just 15 were China-focused funds, data provider Preqin said.But Japan-focused funds more than doubled to …
China securities regulator to tighten scrutiny of derivatives, high-frequency trading
China’s securities regulator said on Wednesday it will continue to strengthen supervision of over-the-counter derivative businesses including the so-called DMA-Swap.
The crafty counties of China
From the synthetic sparkles of cultivated diamonds to the exquisite flavors of foie gras, manufacturers that hone their craft in making a single product have been growing in China over the past …
China rolls over $2 billion loan to Pakistan, finance minister says
China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed in a response to Reuters on Thursday.The $2 billion loan was due in March and has been …
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