Despite the global economic downturn, some 65% of wealthy Asian shoppers still spend on luxury brand-name products when they go abroad, says Publicis Media. Bertilla Teo, chief executive of Publicis Media Greater China, said global…
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ZTE Wins More Than 70% Allocation in New China Mobile PTN Project
SHENZHEN, China — ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that, with the highest score in comprehensive assessment … (…
China boasts after news report it executed CIA informants
China reacted to the revelation it had purged a network of CIA informants with a victory lap, boasting that the execution of a dozen spies within the last seven years was a triumph for its…
China Unicom (Hong Kong) Limited (CHU) Given Average Recommendation of “Buy” by Analysts
Shares of China Unicom (Hong Kong) Limited (NYSE:CHU) have earned a consensus recommendation of “Buy” from the seven brokerages that are covering the firm. Two investment analysts have rated the stock with a hold rating…
China says no mining in its immediate plans for Antarctica
China plans to expand its scientific research in Antarctica in coming years amid worries over the area’s susceptibility to climate change, but has no immediate plans to mine or develop natural resources that could be…
China confirms detention of 6 Japanese amid report of spying
China confirmed Monday that it is investigating six Japanese citizens, following a Japanese news report that Chinese authorities had detained six men possibly for spying. Foreign ministry spokeswoman Hua Chunying said at a regular briefing…
China to detail its Antarctic ambitions at treaty meeting
China signed on in 1983 and has since established four Antarctic research stations. It plans to start construction of an airfield later this year and a fifth research station as early as 2018. About 400…
China faces financial crisis within a decade Gavekal Dragonomics
A global investment house has warned that China faces a financial crisis within the next decade as government and private debt rise to unsustainable levels. Anatole Kaletsky is chief economist and co-chairman at Hong Kong-based…
China Mobile Teams with Mobike and Ericsson to Accelerate Digital Services and Applications on IoT
At the end of last year, Ericsson, China Mobile Shanghai Company, and Mobike completed an industry-first end-to-end application trial based on live cellular IoT network in Shanghai. The parties has recently signed an MoU to…
China’s financial reform fraught with risks
China’s concerted effort to slash financial leverage and clean up its messy yuan 76 trillion ($14.8 trillion) shadow banking sector is fraught with political and economic risks. There is a real danger that the aggressive…
China is making a big bet on ‘soft power’
Soft power by nature is difficult to measure. In the case of the ambitious OBOR initiative, China’s neighbors and partners have so far responded by taking a cautious approach [PDF]. Many business and government leaders…
China ‘systematically dismantled’ CIA spying operations by killing or imprisoning informants: report
The Chinese government “systematically dismantled” CIA spying operations in China starting in late 2010 and killed or imprisoned at least a dozen CIA sources over the next two years, The New York Times reported Saturday.…
Meet the Canadians behind hockey night in Hangzhou, China
Collectively, they’re the Westlakers. “There are about 15 Chinese players who participate in the league and we have players from all over the world — Canada, U.S.A., China, New Zealand, Russia, France, Finland and Korea,”…