China’s first self-made high-resolution commercial satellite, the JILIN-1 Satellite, was launched in October, 2015 by Chang Guang Satellite Technology, located in Changchun New Area. It is the first satellite named after a province. The company…
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Credit China eyes online payments, P2P
In January alone, Credit China unveiled a $30 million investment in San Francisco-based blockchain technology firm BitFury Group Ltd and is part of a group that offered HK$664 million for a stake in Ping An…
Xiaomi goes all-in on retail to revive China smartphone sales
After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi Corp. is turning to old-fashioned retail to arrest its slide. The phonemaker will roll out a chain of about…
Trump hugs ally Japan after easing U.S.-China tensions
“I believe that will all work out very well for everybody, China, Japan, the United States and everybody in the region,” Trump said at a joint news conference with Abe. Stepping carefully into Japan’s longstanding…
China kicks out 32 Christian missionaries amid missile row
China’s expelled 32 South Korean missionaries from its country amid a dispute about a missile system. South Korea’s Foreign Ministry said the group were working in Yanji in northeastern China, some reportedly for more than…
China gets an early win off Trump, but many battles remain
Several areas of disagreement between the superpowers, including currency, trade, the South China Sea and North Korea, were not mentioned in public statements on Thursday’s telephone conversation between Presidents Xi Jinping and Donald Trump. In…
Exclusive: Cheil wins China Unicom account in 11-way pitch
Cheil China will be China Unicom’s main branding and marketing strategy partner for 2017 and 2018. The undertaking comes after a November pitch involving more than 20 local and multinational agencies based in Beijing, of…
FINANCIAL CRASH WARNING: China’s debt could cause economic disaster ‘worse than 2008’
The colossal country has seen its GDP to debt ratio soar to eye-watering levels, from 148 per cent at the end of 2007 to around 277 per cent at the end of 2016. Fears over…
Leading stocks in today’s market: China Unicom (Hong Kong) Limited (NYSE:CHU)
With its market value over its outstanding shares, China Unicom (Hong Kong) Limited (NYSE:CHU) Wireless Communications has a market capitalization valued at Wireless Communications. As the outstanding stock of China Unicom (Hong Kong) Limited NYSE:CHU…
China approves 12 new IPO applications
BEIJING, Feb. 11 (Xinhua) — The China Securities Regulatory Commission (CSRC) on Friday approved 12 IPO applications. The 12 firms will be allowed to raise a maximum of 7 billion yuan (1.03 billion U.S. dollars),…
Doing business in China: Meet face to face and mind your Ps and Qs
When Ciara Donlon set up Theya Healthcare in 2014 to produce specialist post-breast surgery underwear for women, she needed two things: someone to turn her ideas into finished designs, and someone to make her a…
Trump hugs ally Japan after easing US-China tensions
“I believe that will all work out very well for everybody, China, Japan, the United States and everybody in the region,” Trump said at a joint news conference with Abe. Stepping carefully into Japan’s longstanding…
Trump predicts level playing field on trade with China soon
President Donald Trump, noting that he had long complained that China’s currency was undervalued … I have been complaining about that for a long time,” Trump told reporters at a joint news conference in Washington,…
