SHANGHAI — After a decade of effort in which Facebook’s progress at courting China often seemed to stall, the social network finally gained an official status in the country — at least temporarily. Fa… (…
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Xiongan calls in ConsenSys to bring blockchain technology to Xi Jinping’s dream city
“As one of our first major projects in the People’s Republic of China, we are excited to help define the many ‘use cases’ that could benefit from the trust infrastructure enabled by ethereum technolog… (…
China waging ‘cold war’ in its bid to become the world’s dominant power, CIA expert warns
Marcel Lettre, former undersecretary of defence for intelligence, said China was also pursuing advances in cyber, artificial intelligence, engineering and technology, counter-space, anti-satellite cap… ( read original story …)
Facebook sets up subsidiary in China: filing
BEIJING (Reuters) – Facebook has set up a subsidiary in China with registered capital of $30 million … The subsidiary’s operations will include network information technology development and related … ( read original story …)
China props up domestic growth in light of trade worries, economic slowdown
The People’s Bank of China injected some $74 billion worth of medium-term lending facility loans into its banking system overnight, in a move considered to be the start of a new phase for China. The…
China’s yuan falls against dollar, helping exporters
BEIJING — China’s central bank is allowing its tightly controlled currency to drift lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but also might reigni… ( read…
China’s regional banks hit by economic slowdown
In the southwestern province of Guizhou, Guiyang Rural Commercial Bank was downgraded by China Chengxin International Credit Rating Co to A+ from AA- in June after its bad loan ratio soared 15.41 per … (…
Beijing weighs options as deadline looms for airlines to describe Taiwan as part of China
Beijing has a raft of measures it can take to punish US airlines if they do not remove references to Taiwan as a country on their websites by the deadline on Wednesday, as it walks…
Beijing insists US airlines describe Taiwan as part of China
China says there will be “no room for negotiation” in its demand that US airlines describe self-ruled Taiwan as part of China ahead of a deadline this week. Beijing has insisted that carriers change r……
Trade tensions simmer as Morneau, finance ministers hold G20 meetings
WATCH BELOW: Trump threatens almost all imports from China as Beijing fires back Finance ministers from the G20 last met in March and could not come to any agreement on how to address the problem.…
$100b cash injection into China’s banking system highlights growth worries
Mr Trump has accused Beijing of manipulating the yuan, which last Friday reached its lowest point for a year against the US dollar. It has fallen 5 per cent since the start of last month.…
China Tower seeks $8.7 billion IPO
China’s state-owned China Tower — the world’s largest operator of telecommunications towers — announced Tuesday it will aim for an $8.7 billion initial public offering in Hong Kong, the biggest glob… ( read original story…
China Tower plans $8b IPO in Hong Kong
China Tower, a joint venture handling mobile infrastructure in Chinese mainland, will list on Hong Kong stock market on Aug 8, aiming to raise HK$68.1 billion ($8 billion) with its initial public offe… ( read…
