HONG KONG — Struggling to gain a foothold in China’s fourth-generation (4G) wireless telecommunication markets, Beijing-based China Unicom reported lackluster results on Wednesday and plans to cut back outlays in preparation for its next move.…
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In China, brands scramble ahead of “315” consumer day show
SHANGHAI, March 15 (Reuters) – Chinese and global firms steeled themselves on Wednesday ahead of the country’s annual consumer rights day TV show, an evening gala from China’s state broadcaster that can have brands and…
China's Name-and-Shame TV Show Puts Household Brands on Edge
Household brands in China are bracing for the government’s version of public-service journalism — the annual program on state-run TV that uses hidden cameras to highlight what the network calls companies’ unfair practices against consumers.…
China Unicom says removal of domestic roaming fees will trim 1.6bn yuan in quarterly revenue
China Unicom, the world’s sixth-largest mobile network operator by subscribers, has estimated the cancellation of domestic roaming fees will cost it about 1.6 billion yuan (US$231 million) in lost revenue each quarter, which may complicate…
Australian woman badly burned when her HEADPHONES exploded in her face on a flight from Beijing to Melbourne
A woman who was travelling to Melbourne has received burns to her face after the pair of battery-operated headphones she was wearing exploded mid-flight. The woman was sleeping two hours into her flight from Beijing…
China Unicom posts 94pc slump in 2016 net profit
China Unicom, the world’s sixth-largest mobile network operator by number of subscribers, reported widely expected downbeat earnings for last year on Wednesday, as its senior management burnished investors’ hope for a turnaround this year. “The…
China's Premier Li touts free trade, says no hard landing for economy
That would not make our trade fairer,” Li said at his annual news conference at the end of the annual meeting of China’s parliament. “Our hope on the Chinese side is that no matter what…
China urges cooperation with US ahead of Trump-Xi summit
at a Wednesday news conference. Speaking at the conclusion of the nation’s annual ‘Two Sessions’ meetings, Li said that Beijing and Washington should strengthen dialogue to resolve differences and achieve common ground on trade relations.…
China begins new work on disputed South China Sea island
CHINA has started fresh construction work in the disputed South China Sea, new satellite images show, a sign that Beijing is continuing to strengthen its military reach across the vital trade waterway. Regional military attaches…
Li says China wants stability in South China Sea
… China hopes to maintain peace and stability in the South China Sea by pushing forward with negotiations for a code of conduct for rival claimants in the disputed waters. Addressing a news conference at…
China Anxious About Trade War With US
China is warning about the possible impact of a trade war with the United States, even as the world’s two biggest economies take steps to map out relations under the administration of President Donald Trump.…
China’s economy gets off to strong start in 2017
Solid growth is welcome news for China’s policymakers as they turn their focus to containing risks from a sharp build-up in debt ahead of a major leadership reshuffle later this year. But economists are not…
UPDATE 1-China Unicom reports 2016 profit drop, braces for challenging 2017
HONG KONG, March 15 State-owned China Unicom Hong Kong Ltd on Wednesday reported a drop in revenue and profit for 2016, and is bracing for further challenges this year as the Beijing government calls on…
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