China Telecom again led the growth in the Chinese mobile market in March. The operator added 4.83 million new customers for a total of 315.05 million, while China Unicom gained 3.375 million to reach ……
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China Mobile faces competition investigation over 4G handset sales
China Mobile announced that it’s under investigation by the state competition regulator SAMR for possible unauthorised practices in handset sales. The investigation is looking at sales of customized … ( read original story …)
BRIEF-China Mobile Updates On Investigation By State Administration For Market Regulation Of PRC
April 29 (Reuters) – China Mobile Ltd: * UPDATES ON INVESTIGATION BY STATE ADMINISTRATION FOR MARKET REGULATION OF PRC * SAMR INVESTIGATING IF SOME SALES ACTIVITIES OF CUSTOMIZED 4G+ HANDSETS OF 4 … ( read…
China’s Ruyi Group is Growing Fast, But Can They Conquer the Luxury Market?
For example, since their acquisition of SMCP in 2016, “[SMCP] has expanded to over 100 stores in about two dozen Chinese cities, and the brands had also increased online sales in China by 40 percent…
China International Cartoon & Animation Festival: Building a High-End Platform for Cultural Communication between China and Foreign Countries
HANGZHOU, China, April 30, 2019 /CNW/ — Speaking of “Cartoon & Animation … The International Animation Game Business Conference at the Festival has attracted global leading toy manufacturers: the … ( read original story …)
Four’s the Magic Number for China’s Banks
China’s banks doled out a fifth more loans in the first quarter than a year earlier, so profit increases shouldn’t be surprising. What’s striking is just how small – and similar – those gains are.…
Andrew Scheer demands Canada pull funds from Chinese development bank in retaliation for canola ban
Among the steps, Scheer will call on Trudeau to cut Canada’s funding to China’s Asian Infrastructure Investment Bank, to which the government has committed $256 million over five years. ( read original story …)
Chinese bank profits rise, but so do bad loans
Industrial & Commercial Bank of China (ICBC) — the world’s largest bank by assets and several other yardsticks — posted a net profit of 82.0 billion yuan in the January-March period, up 4.1 percent. (…
MGM China Reports 2019 First Quarter Financial Data
Adjusted EBITDA Up 27% Year-on-Year Continued to Grow Market Share Sequentially Extended Gaming Sub-Concession to 2022 HONG KONG, April 30, 2019 /PRNewswire/ — MGM China Holdings Limited (“MGM … ( read original story …)
Weak Asia Data Greets U.S. Trade Negotiators Nearing China Deal
China’s manufacturing purchasing managers index stood at … first three months of last year and due to external uncertainties, according to the city’s financial secretary. Story continues There will … ( read original story …)
China April factory growth unexpectedly slows as economy struggles for traction
China’s slowdown has weighed heavily on exports of many of … While the official factory survey disappointed on the growth front, it did not show a marked deterioration in business conditions, either … ( read…
Asian shares fall as China manufacturing data disappoints
Japan’s financial markets remain closed for a national holiday as Japanese Emperor Akihito prepares to abdicate on Tuesday in favour of his elder son, Crown Prince Naruhito. Even before the China data … ( read…
China Mobile Upends Broadband Market
Hyper-aggressive price competition led by China Mobile has upended China’s broadband market, driving out smaller players and probably thwarting the latest reform effort. Great Wall Broadband, the … ( read original story …)
