The People’s Bank of China (PBOC) on Wednesday pledged to improve its information disclosure as part of steps to make its policy-making process more transparent. The central bank said that it would strengthen its policy…
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Investors should ‘absolutely’ own mainland China assets: Bank Julius Baer
“I think people should own China, absolutely,” Mark Matthews, head of Asia research at Bank Julius Baer, told CNBC. The size of the market, inexpensive assets, and better management in the country were among the…
How Alibaba Helps US Brands Reach a Half-Billion China Consumers
If you think of China solely as a manufacturing hub you’ve missed major economic shifts in the country and its population of 1.3 billion. China’s consumption economy is booming. The country’s middle class is already…
China’s Li Welcomes German Investment as Merkel Arrives in Beijing
BEIJING — China welcomes German firms and will protect their investments, China’s Premier Li Keqiang said on Thursday after meeting visiting German Chancellor Angela Merkel, who said Germany supported Chinese investment there. Merkel faces a…
Tencent and China Unicom launch eSIM card with blockchain-based authentication
Tencent and China Unicom, a state-owned telecommunications operator, have launched the TUSI SIM card which implements new identity authentication standards for the Internet of Things (IoT) industry. The Tencent TUSI (Tencent User Security Infrastructure ……
Ant Financial partners with China Everbright Bank and Everbright Technology to facilitate the bank’s digital transformation
Agreement is latest example of Ant offering technological support to help financial institutions deliver inclusive financial services more effectively HANGZHOU, May 24, 2018 /PRNewswire/ — On May 23, Ant Financial Services Group (“Ant Financial”) has…
BRIEF-Ant Financial, China Everbright Bank To Cooperate On The Bank’s Digital Transformation
* ANT FINANCIAL SAYS IT WILL WORK WITH CHINA EVERBRIGHT BANK TO HELP IT DEVELOP AREAS SUCH AS PRIVATE AND HYBRID CLOUD PLATFORMS, INTERNET FINANCE AND AI-DRIVEN APPLICATIONS Further company coverage: (Reporting by Hong Kong…
China – Further Opening In The Financial Sector.
China’s financial regulators have suggested in recent weeks that liberalisations that would permit greater foreign participation in China’s financial markets were pending. Mr. Yi Gang, the chairman of the People’s Bank of China, announced the…
Tesla Set To Win Big As China Slashes Car Import Tariffs
Amid easing of tensions in the U.S.-China trade dispute, China is slashing its import tariffs on cars and car parts from July 1 in what could be a boon to auto manufacturers without local production…
Singapore Property Firm Switches Bets from China to Europe
Less than four years after its public offering as a play on China’s red-hot property market, Singapore’s First Sponsor Group Ltd. is banking on continental Europe to fuel earnings growth. “We expect growth predominantly to…
China Mobile 4G Users Decline For First Time
China Mobile’s first-ever drop in 4G subscribers in April can be attributed to the company’s early arrival to the space. This reflects the broader market’s maturation that’s also adding similar pressure on Unicom and China…
China Mobile International (CMI) Establishes Japan Office
東京, 2018年5月24日 – (JCN Newswire) – China Mobile International Limited (CMI) has hosted the opening ceremony of its Japan office in Tokyo. Attending were Mr. Song Yaoming, Minister of Economic and Commercial Office, Embassy of…
U.S. employee in China reported strange sounds, pressure
A U.S. employee in southern China reported abnormal sensations of sound and pressure, the State Department said Wednesday, recalling similar experiences among American diplomats in Cuba who later fell ill. In an emailed notice to…
