State-controlled China Tower Corp., which operates almost 99 percent of the country’s wireless towers and charges its three carriers leasing fees, is preparing to raise as much as $8.7 billion in a Ho… ( read…
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Move Over Millennials: Why Brands Should Stop Ignoring China’s Silver Generation
Everyone knows the fastest growing group in China is the millennial demographic, right? Think again. The “silver generation” is actually the fastest-growing group in China, and seniors—a demographic t… ( read original story …)
Facebook opens subsidiary in China after being locked out of the country for years
A notice published on China’s National Enterprise Credit Information Publicity System listed the company as Facebook Technology (Hangzhou) Co., Ltd and noted that it is wholly owned by Facebook Hong K… ( read original story…
Facebook gets a toehold in China after being locked out of the country for years
Neither materialized. Oculus, Facebook’s virtual reality company, has a Shanghai office, and the company is interested in China for its growing hardware ambitions. ( read original story …)
Facebook, Trying to Move Forward in China, Registers a Chinese Subsidiary
SHANGHAI — After a decade of effort in which Facebook’s progress at courting China often seemed to stall, the social network finally gained an official status in the country — at least temporarily. Fa… (…
Xiongan calls in ConsenSys to bring blockchain technology to Xi Jinping’s dream city
“As one of our first major projects in the People’s Republic of China, we are excited to help define the many ‘use cases’ that could benefit from the trust infrastructure enabled by ethereum technolog… (…
China waging ‘cold war’ in its bid to become the world’s dominant power, CIA expert warns
Marcel Lettre, former undersecretary of defence for intelligence, said China was also pursuing advances in cyber, artificial intelligence, engineering and technology, counter-space, anti-satellite cap… ( read original story …)
Facebook sets up subsidiary in China: filing
BEIJING (Reuters) – Facebook has set up a subsidiary in China with registered capital of $30 million … The subsidiary’s operations will include network information technology development and related … ( read original story …)
China props up domestic growth in light of trade worries, economic slowdown
The People’s Bank of China injected some $74 billion worth of medium-term lending facility loans into its banking system overnight, in a move considered to be the start of a new phase for China. The…
China’s yuan falls against dollar, helping exporters
BEIJING — China’s central bank is allowing its tightly controlled currency to drift lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but also might reigni… ( read…
China’s regional banks hit by economic slowdown
In the southwestern province of Guizhou, Guiyang Rural Commercial Bank was downgraded by China Chengxin International Credit Rating Co to A+ from AA- in June after its bad loan ratio soared 15.41 per … (…
Beijing weighs options as deadline looms for airlines to describe Taiwan as part of China
Beijing has a raft of measures it can take to punish US airlines if they do not remove references to Taiwan as a country on their websites by the deadline on Wednesday, as it walks…
Beijing insists US airlines describe Taiwan as part of China
China says there will be “no room for negotiation” in its demand that US airlines describe self-ruled Taiwan as part of China ahead of a deadline this week. Beijing has insisted that carriers change r……