HONG KONG — Despite the shock waves from a full-blown trade war with the U.S., China continues to harbor a dream of being a global leader in fifth-generation wireless communications. It has sent Chin… (…
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Guggenheim Capital LLC Has $2.32 Million Stake in China Mobile Ltd. (CHL)
Guggenheim Capital LLC boosted its holdings in China Mobile Ltd. (NYSE:CHL) by 22.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commi… ( read original…
China has outspent the US by $24 billion in 5G technology since 2015, study shows
China has built 350,000 new cell sites, while the U.S. has built fewer than 30,000 since 2015, according to Deloitte. “China and other countries may be creating a 5G tsunami, making it near impossible ……
Exclusive: Alibaba merging China food delivery units to counter Tencent-backed Meituan – sources
HONG KONG (Reuters) – Alibaba Group (BABA.N) plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance … ( read original story…
China millennials’ love of credit cards raises debt fears
Combined with a rapid growth in mortgage lending, which makes up most of China’s household debt … potentially triggering a financial crisis. While borrowing restrictions make widespread mortgage def… ( read original story …)
China’s global ‘community’ falls short of rhetoric
In China, the Xi Jinping Thought on Socialism with Chinese Characteristics … All views expressed are those of the author(s) and should not be taken as reflecting the views of the Financial Times. Th… (…
Financial sector’s growth role tapped
China’s financial sector could contribute more to stabilizing economic growth, amid a better balance with risk control, to create new growth engines and boost domestic demand, according to a Cabinet-l… ( read original story …)
A Generation Grows Up in China Without Google, Facebook or Twitter
He once heard of Facebook, though. It is “maybe like Baidu?” he asked one recent afternoon, referring to China’s dominant search engine. A generation of Chinese is coming of age with an internet that ……
China Unicom, AliCloud Establish $51.4M Venture to Build Government Cloud Services
China Unicom entered into a joint venture with Alibaba Cloud (AliCloud) to provide application software services to government agencies and dip its toes into cloud business opportunities. The venture … ( read original story …)
Beijing’s response to Japan’s new destroyer shows its authoritarian endgame in the South China Sea
Japan launched a new destroyer with top-of-the line US missile defense technology earlier this month. Japan’s military is a self-defense force and the ship is only meant to do training and diplomatic … ( read…
Beijing beefs up security in financial district
BEIJING (Reuters) – China ramped up the police presence in the financial district of its capital on Monday, with officers checking bystanders’ identity cards and telling pedestrians to disperse, while … ( read original story…
Beijing promotes ‘toilet revolution’ in 5,000 restaurants
Toilet Revolution: Beijing has issued a guideline for restaurant toilets, to improve sanitary conditions of the city’s 5,000 restaurants this year, Beijing Youth Daily reported Friday. Released by the … ( read original story …)
UFC returns to China with first-ever event in Beijing on Saturday, November 24
BEIJING, CHINA – UFC® today confirmed its first-ever event in Beijing, China, will be held at the Cadillac Arena on Saturday, November 24. Limited early bird tickets for UFC FIGHT NIGHT® BEIJING, Pres… ( read…
