Beijing-based Oceanwide pledged US$3.8 billion to take control of US insurer Genworth Financial in 2016. The 2016 global investment banking revenue rankings was led by JPMorgan, which topped the table with an 8 per cent…
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China closes over 100 golf courses for land, water conservation
China has launched a renewed crackdown on golf, closing 111 courses in an effort to conserve water and land, and telling members of the ruling Communist Party to stay off the links. The state-run Xinhua…
China Unicom Hong Kong : Global Signed IPX Direct-Connection Agreement With Multi International Telecommunication Operators
HONG KONG, Jan 23, 2017 – (ACN Newswire) – China Unicom Global Limited (CUG) signed the IPX direct-connection bilateral Agreement with PCCW Global Limited (PCCW Global), Hutchison Global Communications Limited (HGC) and Chunghwa Telecom Co.Ltd…
China Mobile deploys Brocade’s NFV solution to deliver agile cloud services
Brocade’s solution allows for scalable services on demand, while keeping operating costs under control. Mobile communications service provider China Mobile has selected an advanced network functions virtualisation (NFV) solution from Brocade to support … (…
China Mobile : sets up £12bn fund to turn it into top-tier internet player
CHINA has set up a 100bn yuan (£12bn) fund to support investment in the internet sector, official news agency Xinhua said yesterday. The fund, backed by China’s cabinet, is designed to help turn China into…
A Gap in the Great Firewall: Mobile Apps
Up until now however, mobile apps occupied a corner that has largely been under the radar of the “Great Firewall.” Alphabet Inc’s Google Play Store isn’t available in China and Apple Inc.’s App Store has…
DataCenterNews Asia – China Mobile puts Brocade tech at center of service provider transition
China Mobile’s key northern and southern base data centers will be equipped with a new advanced network functions virtualization (NFV), as the company not only maintains its IP services but also transitions to a large-scale…
How China plans to clamp down on foreign technology
Beijing – China’s largest chip maker has announced it will invest $30bn to build a new semiconductor factory, as the world’s second largest economy seeks to reduce its dependence on foreign technology. The state-owned Tsinghua…
China’s largest chip company to build $30 billion semiconductor factory
China’s largest chip maker has announced it will invest $30 billion (roughly Rs. 2,04,579 crores) to build a new semiconductor factory, as the world’s second largest economy seeks to reduce its dependence on foreign technology.…
12 bodies recovered after landslide buries hotel in China
Authorities in China say they’ve recovered the bodies of 12 people killed … and debris after the Friday night landslide in Hunan province. The official Xinhua News Agency said 3,000 cubic metres of debris tumbled…
Yum! Brands, Inc. (YUM) Brings Taco Bell Back to China
Yum! Brands, Inc.’s China division now operates a single Taco Bell store in Shanghai. The store opened on Monday and it serves the Mexican food chain’s popular menu items. However, the menu items have had…
China's property, financial sectors' growth slower in Q4 despite uptick in services
BEIJING Growth in China’s real estate and financial sector slowed in the fourth quarter of 2016, despite an uptick in the overall service sector that contributed to better-than-expected GDP growth in the quarter, National Bureau…
China Mobile opts for Brocade’s NFV to aid government Internet Plus initiative
Networking solutions company Brocade has announced that mobile communications service provider China Mobile has selected Brocade’s advanced network functions virtualization (NFV) solution to support its most strategic corporate development initiative. ( read original story …)
