Yet that investment will do little to help Suning pay its 16 billion yuan debt that is due within a year, not to mention the more than 200 billion yuan of total debt the company…
TECHNOLOGY
China Mobile launches CMLink Italy MVNO on WindTre network
China Mobile International, a wholly owned subsidiary of China Mobile, has officially launched a new MVNO on the Italian market, offering three plans mainly aimed at the Chinese community. The MVNO is … ( read…
China Telecom tops mobile customer adds in February, China Mobile sheds 3.6 mln users
China Telecom added the most new mobile subscribers in China in February this year, growing by around 1.78 million to a total of 352.80 million. Market leader China Mobile lost more than 3.69 million ……
China’s state-owned assets supervisor demands risk control of offshore capital
China’s State-owned Assets Supervision and Administration Commission of the State Council (SASAC) asked centrally administered state-owned enterprises (SOEs) to effectively control the risks of … ( read original story …)
China to ban apps from collecting excessive user data starting May
Starting May 1, apps in China can no longer force users into providing excessive personal data, according to a document jointly released by a group of the country’s top regulators, the Cyberspace … ( read…
China encourages its universities to take initiative in international science and tech
Ministry of Education says it aims this year to forge the country’s colleges into a national strategic innovation force. ( read original story …)
Data privacy: China defines for the first time ‘necessary’ information that apps can collect, closing ‘bundled consent’ loophole
The new regulation on ‘necessary’ personal information for common mobile apps defines for the first time the data that operators can collect from their users. ( read original story …)
2nd Canadian goes on trial in China on spying charges
Meng’s case has deeply angered China’s government, which has promoted Huawei as a global leader in mobile communications technology, and sees her detention as a deliberate attempt to malign Chinese … ( read original story…
Why RLX Technology Shares Plunged 46% Today
Shares of RLX Technology, a manufacturer of vaping products, fell as much as 46% in trading on Monday after reports came out that China will put restrictions on e-c … ( read original story …)
PBOC And CSRC Speeches Soothe Mainland China Market
Asian equities started the week mixed on light volumes as China outperformed. The most significant catalysts for China equities were speeches from the heads of both the People’ (PBOC), China’s central … ( read original…
RLX Technology stock sinks 45% after report says Chinese government will increase e-cigarette regulation
RLX Technology stock sank as much as 42% on Monday after Chinese officials said they will increase regulations on e-cigarette sales in the country. ( read original story …)
The OnePlus 9 will use Oppo’s ColorOS in China
OnePlus is switching to ColorOS, the variant of Android used by Oppo smartphones, for its new OnePlus 9 series in China. The move was announced on OnePlus’ forums by Gary C, the product lead on…
Second Canadian, Michael Kovrig, goes on trial in China on spying charges with diplomats refused access
Beijing trial of analyst and former diplomat follows hearing of compatriot Michael Spavor in northeastern China on Friday. ( read original story …)
