Global ICT and connectivity services provider China Unicom has officially entered the African telecoms space and set up operations in South Africa. The company hosted a launch ceremony in Johannesburg … ( read original story…
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Exclusive: China Huarong trying to recall some loans as cash crunch bites – sources
The exact nature of the allegations against Lai remain unknown, but sources with knowledge of the matter said the investigation had slowed down operations at China’s largest asset management firm and … ( read original…
China says it won’t devalue currency to bolster exports
The Chinese Foreign Ministry also said that threats and intimidation on trade would never work on China, after U.S. President Donald Trump said he was ready to impose tariffs on all $500 billion of go……
China’s mobile payment platforms are transforming online marketing
Getting a cup of coffee in Starbucks used to be a pretty pedestrian affair. Stand in line, hand over some crumpled banknotes and receive your fuel for the day. Mobile payments are changing that: more…
Cornerstones take 16 percent of China Tower’s $8.7 billion HK IPO: sources
The Beijing-based mobile phone infrastructure firm has set an indicative price range of HK$1.26 to HK$1.58 ($0.16-$0.20) per share for the initial public offering (IPO), valuing itself at between $28 … ( read original story…
China Tower sets price range, gets cornerstones for $8.7 billion HK IPO: Sources
The Beijing-based mobile phone infrastructure firm has set an indicative price range of HK$1.26 to HK$1.58 ($0.16-$0.20) per share for the initial public offering (IPO), valuing itself at between $28 … ( read original story…
China probes stainless steel imports from Indonesia, EU, Japan and Korea
The move follows a complaint by Shanxi Taigang Stainless Steel (Shenzhen:000825.SZ – News), with backing from four other state-owned mills including Baosteel’s stainless steel division, which blamed c… ( read original story …)
China vaccine scandal ripples through domestic market, threatens global push
Late on Sunday, the state news agency Xinhua ran an editorial calling for strict punishment for any violations, big or small, in the vaccine industry and for regulators to close loopholes and tighten … (…
The Unreal Scope of China’s Intellectual Property Theft
A federal judge recently issued a $1.5 million fine to a Chinese wind turbine company, Sinovel, for stealing key intellectual property from a Massachusetts technology company, American Superconductor … ( read original story …)
China launches probe into stainless steel imports from EU, Japan, South Korea, Indonesia
The move follows a complaint by Shanxi Taigang Stainless Steel (Shenzhen:000825.SZ – News), with backing from four other mills including Baosteel’s stainless steel division, it said. China imported 70… ( read original story …)
Analysts Are Downgrading China’s Small Banks at Record Pace
Analysts are taking note of the struggles in China’s banking industry, which is being battered by an official deleveraging drive. At least five smaller lenders have been downgraded by credit-rating co… ( read original story…
As its film business grows up, China faces an ‘Ishtar’ moment with its most expensive movie
It was supposed to be China’s “Lord of the Rings.” Instead, it turned into another “Ishtar,” the infamous box office bomb of 1987. Produced for more than $100 million, the fantasy epic “Asura” was bil……
China thinks long-term on financial stability — so should we
Where are we in the global economic cycle? I wish I had the answer. The unwinding of the Fed’s stimulus programs, combined with the risk of a global trade war and rising populism in a…
