Last Friday, the People’s Bank of China briefed media on China’s financial reform and developments on the sidelines of the Two Sessions in Beijing. Officials attending the press conference included: Zhou Xiaochuan: Governor of the…
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China's Ant confident of closing MoneyGram deal: executive
Ant, which dominates China’s online payment market but has been ramping up … So I would expect to see some other partnerships this year,” Feagin said. Ant Financial is currently in talks with Indonesian media…
'Global powerhouse' competition with ties to China now in Toronto
An international business competition known as the “Global Olympics of Innovation” is in Toronto for the first time this weekend. Toronto is hosting a regional round of the the China (Shenzhen) Innovation and Entrepreneurship International…
UPDATE 2-China Unicom posts lower annual profit, tough 2017 looms
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…
Shadow Lending Threatens China’s Economy, Officials Warn
BEIJING — The chairman of China’s biggest bank and a senior Chinese insurance regulator issued strong warnings on Saturday about the dangers of shadow banking to the Chinese economy, in the latest signs of growing…
Business leaders share views on forum
During the 13th Five-Year Plan (2016-20), China is emphasizing supply-side reform and long-term prosperity brought about by economic restructuring. With the annual China Development Forum that kicks off in Beijing on Saturday, senior executives of…
In Beijing, Tillerson urges China-U.S. cooperation on North Korea
BEIJING — U.S. Secretary of State Rex Tillerson on Saturday pushed for closer China-U.S. cooperation on dealing with North Korea’s nuclear program in his first face-to-face talks with top Chinese diplomats. Tillerson’s visit to Beijing…
It's time China and EU lifted all digital barriers
Mobile phone users in China will not have to pay roaming charges while travelling within the Chinese mainland from October and people in European Union member countries will start enjoying the same concession within the…
China: 373 million rural residents used mobile banking in 2016
Mobile banking posted the fastest growth among non-traditional payment methods in rural China, with online banking stagnant and telephone banking falling significantly. About 373 million rural residents in China made payments totalling to USD 3.4…
Look for Shares of China Mobile to Potentially Pullback after Yesterday's 1.31% Rise
China Mobile (NYSE:CHL) traded in a range yesterday that spanned from a low of $55.91 to a high of $56.30. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of…
China’s online retailer Alibaba is spending a lot of money on mobile gaming
The best way to stay connected to the Android pulse. Our main newsletter is the Android Weekly which is sent every Sunday and contains all the top Android news, reviews and features from the past…
Beijing to expand funding for reducing air pollution
The municipal government plans to spend up to 18.2 billion yuan ($2.6 billion) this year on stronger pollution-control measures, the Beijing Finance Bureau said. In 2014, the special allocation for air pollution was 12.9 billion…
Saudi Arabia Wants China To Invest In Aramco IPO, A Good But Dangerous Idea
Saudi Arabia wants Chinese wealth funds and state oil companies to take a stake in the Aramco IPO, with King Salman traveling to Beijing to make the pitch. That’s according to a recent Bloomberg report,…
