SHANGHAI (Reuters) – A Chinese Communist Party journal said on Saturday that the country may experience near-term pain from trade friction with the United States, including a negative impact on financ… ( read original story…
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China to launch nationwide inspections of ride-hailing companies
HONG KONG (Reuters) – China will conduct comprehensive inspections on all ride-hailing service companies, the transport ministry said on Friday, after a driver from dominant firm Didi Chuxing … ( read original story …)
China says not putting pressure on Taiwan’s last Africa ally
eSwatini will be the only African country not represented at a major summit between China and the continent opening in Beijing next week, where President Xi Jinping is likely to offer new loans and ai……
China-Africa Business Forum Attracts Over 1,000 African Representatives – Council
China will host more than 1,000 African representatives from over 600 enterprises, business groups, and research institutions at an upcoming conference of Chinese and African entrepreneurs. The confer… ( read original story …)
The UN is calling on China to ‘immediately release’ one million Muslim Uighurs who may be held in detention centers
The United Nations has called on China to end the detention of up to one million Uighurs in the far western Xinjiang province. The committee also called out China’s practice of racial and ethnic profi……
Guess who’s addicted to their mobiles? Net users in China’s smaller cities
The Chinese in smaller cities seem to have a love affair with their mobile devices. Source: Shutterstock INTERNET users in smaller cities in China are happy spending most of their leisure time … ( read…
Augustine Asset Management Has Boosted By $563,625 Its China Mobile LTD (Chl) (CHL) Holding; Sysco (SYY) Has 0.8 Sentiment
Augustine Asset Management Inc increased China Mobile Ltd (Chl) (CHL) stake by 146.7% reported in 2018Q1 SEC filing. Augustine Asset Management Inc acquired 12,525 shares as China Mobile Ltd (Chl) (CH… ( read original story…
China online video restrictions wipe $20 billion off Tencent’s market value
It estimated Tencent accounted for 42 percent of China’s mobile game market share in 2017. Tencent’s decline tracked a 7 percent fall in shares of China-based Netease and a 6 percent slide in … (…
Government broadband initiatives to drive China’s telecom and pay-TV market to 2023, says globaldata
Deepa Dhingra, Telecom Analyst at GlobalData, says: “4G will be the most adopted wireless network technology through the forecast period with its share of total mobile subscriptions set to reach 86.1% … ( read original…
Tencent loses $20 billion in value after China attacks myopia with gaming curbs
It estimated Tencent accounted for 42 percent of China’s mobile game market share in 2017. Founded in 1998, Tencent’s main business is video games but the company also runs China’s dominant … ( read original…
Beijing’s massive new airport ‘on time’ for 2019 launch
Amid farmlands on the outskirts of Beijing, a massive construction site rising above the horizon bustles with activity as 8,000 workers build a new mega airport. Aimed at easing the passenger load of … (…
Hong Kong’s digital banking push pits tech newcomers against old-guard lenders
Bidders hoping to challenge the dominance of HSBC and its local rivals, Bank of China (Hong Kong) and Standard Chartered , include China’s Ant Financial, Tencent , and Ping An Insur… ( read original story…
China’s Central Bank Faces Tough Task in Guarding Nervous Yuan
September is set to be a hard month for China’s money markets, handing the nation’s central bank the tricky task of adding just enough liquidity without prompting renewed weakness in the yuan. Funding … (…