Japan is bound to develop a revolutionary supercomputer able to outcome China regarding technology. The costs of this new device will reach up to $173 million. The computer was planned to be ready for launching…
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Sorry Donald Trump, Apple's iPhones should still be made in China
Few people took Donald Trump seriously when he said in March that he’d “get Apple to start making their computers and their iPhones on our land, not in China”. But his election appears to have…
BRIEF-NARI Technology says change of corporate auditor
Nov 25 NARI Technology Co Ltd : * Says it appoints BDO CHINA SHU LIN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP as corporate auditor to replace Ruihua Certified Public Accountants for 2016 Source text in Chinese:…
Japan plans 130-petaflops China-beating number-crunching supercomputer
The investment in the massive system is part of a wider move to boost Japan’s standing in the world of technology. In recent years, it has been rather overshadowed by developments in South Korea and…
Oppo A57 with 16MP front camera launched in China: Key specifications and features
Oppo has announced its latest smartphone – A57 – in China. The smartphone packs a 16MP front camera and will go on sale in China starting December 15. Oppo A57 features a design language similar…
UPDATE 1-China's Oct industrial profits get boost from raw material sectors
while high technology and equipment manufacturing profit growth slowed … Profits for iron and steel production and processing companies rose 310.2 percent in January-October. China’s producer prices jumped more than expected in October as prices…
China steps up protection of property rights
BEIJING (Reuters) – China will increase protection for property rights, including stepping up oversight of the management of state-owned assets, the Xinhua news agency reported on Sunday, citing guidelines issued by the State Council, China’s…
Risks in China's digital service industry yet to be tackled in rural areas
Senior central bank officials called for the establishment of legal framework to fend off risks caused by digital financial services in order to better achieve inclusive growth nationally. Speaking at the China Financial Forum in…
Surging homeowner loans in China raise alarms over debt
Transferring risks – China’s total debt — including housing, financial and government sector debt — hit 168.48 trillion yuan ($25 trillion) at the end of last year, equivalent to 249 percent of national GDP, according…
13 detained in China over deadly construction collapse
Most of the dead had been working on the interior concrete wall of a massive circular cooling tower 70 metres (230 feet) up when the scaffolding collapsed Thursday morning, resulting in one of China’s most…
China Industrial Profits Accelerate as Factory Prices Increase
Profit at industrial companies in China accelerated last month as prices recovered. Industrial profits rose 9.8 percent in October from a year earlier to 616.1 billion yuan ($89 billion), the National Bureau of Statistics said…
Fiona Reynolds — China takes lead on climate change
China is emerging as an unequivocal driver of global climate change mitigation, sustainability and green finance, as its representatives forcefully communicated during a recent U.N. climate change conference in Morocco. The talks in Marrakech, which…
Former finance minister urges supply-side reform
China’s former finance minister has stressed the need to press ahead with structural reform on the supply side to fend off corruption and low efficiency during the transformation process. “As a key driver of global…