China Unicom set a bold target of double-digit gains in profitability for the full year, driven by growth in its private 5G and cloud businesses, as it revealed its performance for H1.
Posts By admin
Joe Biden’s China strategy is not working
President Joe Biden unveiled his latest weapon in America’s economic war with China. New rules will police investments made abroad by the private sector, and those into the most sensitive technologies …
Tesla’s sales in China have tumbled and its slumping economy may not be to blame, Bank of America says
China’s economic slump may not be the reason why demand for Teslas in China are waning – consumers are just flocking to local competitors.
The China market is a ‘value trap’ while the U.S. is the ‘biggest’ investment idea: Bank Julius Baer
Bhaskar Laxminarayan, Asia CIO of Bank Julius Baer discusses where he thinks the opportunities for investors are at the moment.
Deflation and default haunt China’s economy
China’s export boom is long over. Its property slump is not. And, therefore, deflation beckons. Ever since China imposed its first brutally effective lockdown on Wuhan in early 2020, its economy has …
A 300,000-year-old skull found in China may be from a new branch of the human family tree
An ancient skull dating back 300,000 years is unlike any other premodern human fossil ever found, potentially pointing to a new branch in the human family tree, according to new research.
How floods and extreme heat could test China’s one-party system
Recent disasters highlight a pair of challenges testing China’s one-party political system, known for its strong top-down approach.
There’s another real-estate crisis brewing in China — and it could even be worse than Evergrande’s 2021 woes
China’s property sector is teetering on another Evergrande moment, as a developer with almost $200 billion of debt is in deep trouble.
China expands the number of countries for travel by its big-spending tourists
China has increased the number of countries that its big-spending tourists can visit by more than 70 following the lifting of its last COVID-19 travel restrictions.
Guangdong sees import export gains in July
Guangdong’s import and export volume from private enterprises reached 2.74 trillion yuan from January to July, a year-on-year increase of 6 percent, accounting for 60.3 percent of the province’s total …
WHO classifies EG.5 Covid-19 strain as ‘variant of interest’
The EG.5 strain of the coronavirus was classified ‘variant of interest’ by the World Health Organisation. The health body, however, said the variant did not pose a threat to the public health.
Shenzhen Airport takes aim at e-commerce as volumes soar
Shenzhen Bao’an International Airport’s cross border e-commerce volumes doubled in the first seven months of the year and it expects a further increase in …
UK considers response to U.S ban on tech investments in China
Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe Biden to prohibit some tech investments in China, adding it was continuing to assess potential national security risks.