China Unicom, the country’s second largest mobile operator, plans to increase capex this year by 19 per cent to as much as CNY50 billion ($7.9 billion) after cutting back on network investment sharply in 2017.…
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China to name reformer Guo Shuqing as central bank party chief: sources
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, can be expected to also be installed soon in the role of Communist Party chief of the People’s Bank…
China’s new central bank chief pledges steady opening of financial sector
BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing risks through regulation and supervision, the new central bank governor said on Sunday. In his first…
China appeals for co-operation, warns against ‘trade war’ amid dispute with U.S.
However, he also emphasized that China’s income per person still is low … interest and hopes both sides will remain rational,” according to the official Xinhua News Agency. Consumers would be the biggest victim in…
China will steadily advance financial reforms, open sector: Central bank governor
In his first public speech since becoming central bank chief last week, Yi Gang told the China Development Forum in Beijing that opening up leads to progress while closure points to backwardness. The sector’s opening…
China will steadily advance financial reforms, open sector: central bank’s Yi Gang
BEIJING (Reuters) – China will steadily reform and further open its financial sector while putting “equal emphasis” on preventing financial risks through regulation and supervision, the new central bank governor said on Sunday. In his…
China’s new central banker pledges to rein in financial risk
BEIJING — China’s new central bank governor has outlined sweeping changes aimed at reining in rising debt and financial risks but expressed confidence Beijing can prevent potential dangers. Speaking at an economic conference, Yi Gang…
China names Guo Shuqing as central bank party secretary: NYT tweet
BEIJING (Reuters) – Guo Shuqing, head of China’s new regulator for the banking and insurance sectors, has been named as Communist Party chief of the People’s Bank of China (PBOC), the New York Times said…
China will steadily advance financial reforms, open up sector: PBOC’s Yi Gang
BEIJING (Reuters) – China will steadily push forward financial reforms as it further opens up the sector, Yi Gang, the central bank’s new governor, said on Sunday, adding that the process of opening up will…
China renews pledges to open economy, protect intellectual property rights
China pledged on Sunday to press ahead with market opening and reforms while reiterating that it will treat domestic and foreign firms equally and protect intellectual property rights. The pledge on reform and equal treatment…
China’s new finance says some tax changes coming
BEIJING (Reuters) – China’s new finance minister on Sunday vowed to push ahead fiscal reforms, including changes in tax on manufacturing and transportation, to support the government’s goal of “high-quality” growth. Liu Kun made the…
China renews pledges to open economy, protect IP rights
BEIJING (Reuters) – China pledged on Sunday to press ahead with market opening and reforms while reiterating that it will treat domestic and foreign firms equally and protect intellectual property rights. The pledge on reform…
China ‘moving forward’ in technology research
Cai Rui, deputy director of the Dalian Institute of Chemical Physics, believes China is catching up with the West in the technology race. Provided to China Daily Cai Rui believes China is catching up with…
