China Unicom registered profit gains in H1, aided by lower finance costs and capex, with revenue growth in mobile, cloud and data centres.
Monthly Archives For August 2025
China July bank loans unexpectedly contract for first time in 20 years
China’s new yuan loans contracted by 50 billion yuan ($6.97 billion) in July, falling well short of analysts’ forecasts and plunging from 2.24 trillion yuan in June, according to Reuters calculations …
US Navy Ship ‘Expelled’ From Disputed Waters, China’s Military Says
The statement comes two days after Chinese ships collided during a confrontation with a Philippine government supply mission.
What CEOs really think about Nvidia and AMD’s China export deal: ‘Brilliant, a tariff that we don’t have to pay’
In today’s CEO Daily: Diane Brady on Nvidia and AMD’s deals to give the U.S. government a 15% cut of their chip sales to China. The big story: China tariff deal pushed off.
How are businesses that import from China handling the trade war?
President Donald Trump announced Monday night that he is extending the pause on higher tariffs on China for another 90 days, until mid-November. Tariffs on Chinese imports are currently set at 30%, …
China rejects OpenAI’s GPT-5 trademark bid, here’s why
Chinese authorities have rejected OpenAI’s bid to trademark “GPT-5” on the mainland, marking another setback for the ChatGPT maker in protecting its brand in one of the world’s largest AI markets.
Shenzhen Port Achieves Full East-West LNG Bunkering Coverage
“The successful first bunkering at the Shenzhen West Port area fills a gap in LNG bunkering services at berths in the western port area, establishing a full-chain “on-site refueling” service, …
Beijing Evacuated Thousands Before Floods, but Not the Most Vulnerable.
The recent flooding that killed 31 in a single nursing home exposed flaws in emergency planning as China braces for more extreme and unpredictable weather.
Exclusive: US embeds trackers in AI chip shipments to catch diversions to China, sources say
U.S. authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk of illegal diversion to China.
China targets 2 Lithuanian banks as EU relations sour over Ukraine
China has imposed sanctions on two Lithuanian banks, in retaliation for recent EU curbs on two Chinese lenders as relations sour over Russia’s invasion of Ukraine.
China’s Tencent revenue grows 15% in Q2 on strong gaming performance
Tencent reported second-quarter revenue growth of 15% on Wednesday, driven by robust gaming performance and AI-powered business expansion.
China says it ‘drove away’ U.S. warship near the disputed Scarborough Shoal
This comes after a Chinese warship crashed into one of its own country’s coast guard vessels as it chased a patrol boat belonging to the Philippines …
Unwed mother denied childcare subsidies sparks debate in China
BEIJING: A post by a Shenzhen resident claiming she was denied new childcare subsidies because she is unmarried has sparked a wave of debate across social media in China, drawing thousands of comments …