“We don’t even have a real telecom manufacturer for cellular equipment in the United States,” McCourt told Yahoo Finance’s On the Move … business for a long time and we’ve been using China for 50…
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China Launches World’s First Smart Oil Tanker
China News Service reports, adding that the vessel, named New Journey, was delivered to China Merchant Energy Shipping Co. in Dalian. “At present, countries around the world are actively promoting … ( read original story…
China Mengniu Dairy, Coca-Cola sign Olympic deal to 2032
LAUSANNE, Switzerland (Reuters) – China Mengniu Dairy and Coca-Cola have signed a multi-year global Olympic deal as joint beverages and dairy sponsors starting from 2021 until 2032, the International … ( read original story …)
China Mobile has deployed VIAVI’s tests and measurement equipment to accelerate 5G in the country
During R&D test of wireless network equipment in the 5G Phase I project launched by China Mobile recently, VIAVI supported China Mobile Research Institute (CMRI) in validating 5G base station … ( read original story…
Trump administration mulls requiring 5G equipment for domestic use to be manufactured outside of China: WSJ
The U.S. is considering a requirement that next-generation 5G cellular technology for domestic use be made outside of China, the Wall Street Journal reported on Sunday, citing sources. The shift could … ( read original…
China says U.S.-China trade teams in contact ahead of G20
The sides are now in a stalemate after 11 rounds of talks that have failed to overcome U.S. concerns over China’s acquisition of American technology and its massive trade surplus. China denies forcing … (…
Beijing orders brokerages to lift fundraising quota, eases liquidity for smaller financial firms
Beijing is working to ease interbank liquidity tightness after the takeover of Baoshang Bank, an Inner Mongolia-based mid-sized commercial bank, last month. “This is another action by the PBOC to ease … ( read original…
China central bank says lending small firms jumps 21 percent in January-May
BEIJING (Reuters) – China’s central bank said on Monday that more loans have been extended to small firms in the first five months of 2019, heeding Beijing’s call to support the economy. The number of…
US attacks on China’s economy reflect a double standard
During the 2008 financial crisis, the US rescued banks and provided fiscal … as part of its “America First” goal. SOEs are not unique to China. The concept started in the west. In sectors such…
Shenzhen takes economic top spot – again – but Hong Kong is more liveable, study finds
Shenzhen was the most economically competitive city in China in 2018 for a fifth consecutive year but Hong Kong leads the pack in living environment, business environment and development … ( read original story …)
China C.bank Says Lending Small Firms Jumps 21% in January-May
BEIJING — China’s central bank said on Monday that more loans have been extended to small firms in the first five months of 2019, heeding Beijing’s call to support the economy. The number of ……
The Bitter Contest for China’s Online Shoppers
Over the past few years, the French company’s plans to shrink its China footprint has been one of the worst-kept secrets in banking. Though Carrefour sold the business pretty cheaply – with a … (…
China says both U.S., China should make compromises in trade talks
Talks to reach a broad deal broke down last month after U.S. officials accused China of backing away from previously agreed commitments. Speaking at a news briefing on the G20 summit, Wang, who is ……