The billionaire co-founder of struggling Chinese technology giant LeEco has defied a demand from regulators to return to the country. Jia Yueting had been given until the end of 2017 to come back to China…
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China Mobile chooses Huawei’s CloudFabric solution for its SDN data centre network
Huawei recently announced that it would use the CloudFabric solution to help China Mobile build a private cloud resource pool for data centres in Hohhot and Harbin. Its aim is to support China Mobile in…
The story behind China House
Tam’s brother, mother and other family members came to Canada years earlier, in the 1970s. Her brother opened China House restaurant on Torbay Road. ‘My dad is such a huge inspiration to us and it’s…
China’s New Four New Great Inventions In The Mobile Era
When it comes to four great Chinese inventions shaping the world’s progress, the unanimous response would be Compass, Papermaking, Gunpowder and Printing from ancient China. But given the rise of the mobile era, do you…
Hong Kong stocks hit 10-year high; China up on factory activity
Sentiment is also buoyed by a private business survey showing growth in China’s manufacturing sector unexpectedly picked up to a four-month high in December as factories cranked up production to meet a surge in new…
China’s WeChat denies storing user chats
HONG KONG (Reuters) – Tencent Holdings’ WeChat, China’s most popular messenger app, on Tuesday denied storing users’ chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring…
China targets trust industry next year in fight against shadow banking: sources
China’s banking regulator will further tighten the screws on the trust industry next year, two sources with direct knowledge of the matter said, as Beijing steps up a campaign to clampdown on the country’s shadow…
Chinese newspaper publishes ‘disturbing’ warning to Australia over South China Sea dispute
CHINA appears to be pushing back against Australia taking sides … But Park Strategies senior vice president Sean King, an expert on Asian politics, told news.com.au last year the US President’s message was confusing. “He…
China Unicom becomes official Olympics telecom
China Unicom inked a deal with the Beijing 2022 Winter Olympics organizer in Beijing on Dec 26, 2017. [Photo provided to chinadaily.com.cn] China Unicom, the country’s second largest mobile carrier by subscriber count, has become…
Special Report: China’s leaders fret over debts lurking in shadow banking system
SHANGHAI/BEIJING/HONG KONG (Reuters) – In March 2013, retired chemical company employee Anne Xing, her older sister and their husbands visited a China Everbright Bank branch on the outskirts of Shanghai. A private wealth manager at…
BRIEF-China Shandong Hi-Speed Financial Group Announces Subscription Of Shares
Jan 2 (Reuters) – China Shandong Hi-Speed Financial Group Ltd: * ANNOUNCES ACQUISITION AND SUBSCRIPTION OF AN AGGREGATE OF 60% SHARES IN KUN PENG Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters…
China holds first IPO for mental health sector in a test of a social taboo
The number of Chinese registered as suffering from depression, anxiety, alcohol abuse, dementia, and other mental illnesses increased by 25 percent between 2014 and 2016, according to Chinese authorities. By one recent accounting, they number…
Mental-Health IPO Is a Leap Forward for China
The number of Chinese registered as suffering from depression, anxiety, alcohol abuse, dementia, and other mental illnesses increased by 25 percent between 2014 and 2016, according to Chinese authorities. By one recent accounting, they number…
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