Didi Chuxing is China’s largest ride-hailing company, with 300 million users across more than 400 cities in China. It cemented its dominance in the domestic market earlier this year, when it bought Uber’s operations in…
Posts By admin
Alibaba, Tencent Get Behind China’s Strict New Cyber Law
China’s Alibaba Group Holding and Tencent Holdings rallied behind Beijing’s recently imposed cybersecurity law on Thursday, following criticism of it from overseas technology rivals. The country’s two tech giants also urged closer cooperation between ……
Looking for dream wedding? Try 4D hologram technology
A wedding show featuring 4D hologram technology is held during the China Hi-tech Fair in Shenzhen, Guangdong province, on Nov 16, 2016. For those unfamiliar with the technology, a hologram is a three-dimensional image formed…
China's tech hub
“Even though the technology industry in China is moving toward that direction, it’s still not the case. Making fast money is still the king,” said Wang. On the other hand, the reality that many Chinese…
China Focus: High-tech fair showcases China's innovation power
A mining truck made in China and powered by a new type of lithium battery drew crowds at an ongoing technology fair in the southern Chinese city of Shenzhen. Jointly developed by mining machinery maker…
China LBS 2016 Global Market Expected to Grow at CAGR 46% and Forecast to 2020
This market research study presents a detailed segmentation of the LBS market in China by technology (outdoor LBS, indoor LBS). The leading vendors identified in the market are Alibaba Group, Baidu, Dianping, Navinfo, and Tencent.…
IBM China Wants to Use Blockchain to Fight Climate Change
IBM’s China division is working with a regional textile printing firm to to develop a platform for trading digital assets tied to carbon emissions. The company is working with Zhonghe Technology Co., a textile firm…
JPMorgan Is Said to Settle Bribery Case Over Hiring in China
After more than three years of digging into JPMorgan Chase’s hiring practices in China, federal authorities have determined that the bank hired the children of Chinese leaders as part of a quid pro quo to…
China central bank has Trump headache amid US policy flux
As if defusing the world’s biggest debt bomb while keeping economic growth humming wasn’t tough enough, Donald Trump’s shock election victory has just made the policy outlook even more complex for People’s Bank of China…
Western Union Services Now Available at Bank of China Locations in All Provinces
BEIJING, Nov. 17, 2016 /PRNewswire/ — The Western Union Company, a leader in global payment services, today announced additional enrollment of over 6,700 Bank of China (BOC) locations into its retail network. BOC customers can…
China c.bank lends $43.96 bln via medium-term lending facility, rates unchanged
BEIJING Nov 16 China’s central bank said it lent 302 billion yuan ($43.96 billion) to 18 financial institutions via its medium-term lending facility (MLF) on Wednesday. Interest rates for the MLF loans were unchanged at…
UPDATE 2-China calls for new private bank to rejuvenate northeast
* At least one new regional bank to be set up by next June * Govt to correct negative, false reporting about northeast * Local govts tasked to develop private economy in the region *…
China’s tightened rules on wealth management products having little effect
China has made several moves this year to reduce the risks posed by opaque wealth management products (WMPs) – one of the main sources of income for the shadow banking industry. However, as many companies,…
ADVERTISEMENT
