At least a third of new loans should go to non-state companies, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said late Thursday. Private lending was less than a quar… ( read…
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For China’s Bad Banks, the Future’s Worse
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story …)
Nokia, China Unicom Deploy Private LTE Network with Virtualized MEC at BMW Plant in China
Nokia and China Unicom have created a private LTE network for a BMW Brilliance Automotive plant being built in Shenyang city in the Liaoning province of China. The Nokia virtualized Multi-access Edge … ( read…
World’s first AI news anchor unveiled in China
The English-speaking virtual newsreader from Xinhua is based on the flesh-and-blood Xinhua news presenter Zhang Zhao. Photograph: Xinhua News China’s state news agency Xinhua this week introduced the … ( read original story …)
At China’s Internet Conference, a Darker Side of Tech Emerges
China’s tech industry is becoming more serious about grappling with its products’ unintended consequences — and about helping the government. Discussions of technology’s promise were leavened with con… ( read original story …)
China spends 28.74 bln USD on intellectual property import in 2017
SHANGHAI, Nov. 6 (Xinhua) — China spent 28.74 billion U.S. dollars on imports of charges for the use of intellectual property last year, official data showed Tuesday. The figure was up nearly 14 fold… (…
China Bank posts lower income at end-Sept. as revenues drop
CHINA BANKING Corp. (China Bank) saw its net income slip as of end-September, bogged down by lower non-interest revenues despite higher loans booked during the period. In a disclosure, the Sy-owned ba… ( read original…
China Construction Bank Corporation (CCB), Fall Report 2018 – ResearchAndMarkets.com
The “China Construction Bank Corporation (CCB) Fall, 2018” company profile from CIR has been added to ResearchAndMarkets.com’s offering. The Equity Valuation Report for China Construction Bank … ( read original story …)
IPO Update: TuanChe Files Proposed Terms For U.S. IPO
I will be closely watching the post-IPO action for a potentially lower entry point. Beijing, China-based TuanChe (TC) was founded in 2010 to connect and match automotive manufacturers, dealers and … ( read original story…
Bank Run In Southwestern Chinese City Could Signal “Impending Financial Crisis”
Ever since China’s shadow banking sector peaked two years ago, one of Beijing’s biggest financial and social stability concerns was of widespread, out-of-control bank runs which if left unchecked, cou… ( read original story …)
China’s October new loans seen lower but credit easing on track: Reuters poll
But banks prefer dealing with firms which have state banking, considering them lower risk. Serena Zhou, China economist with Mizuho Securities in Hong Kong, said the drop in loans from September did n… ( read…
Historic Preservation or Just Ripping Out a Way of Life in Beijing?
BEIJING — Beijing’s latest urban preservation campaign swung like a wrecking ball this summer through the colorful shops along Yonghegong Street, a tree-lined road between two of the city’s landmarks: … ( read original story…
China unveils AI news presenter
China’s state news agency has unveiled a virtual news presenter sporting a sharp suit and a somewhat robotic voice. Xinhua News claims the presenter “can read texts as naturally as a professional news … (…
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