“The purpose is to safeguard [China’s] national cyberspace sovereignty and national security… rather than to restrict foreign enterprises,” the Cyberspace Administration of China (CAC) said in a statement on its website. The law, which was…
TECHNOLOGY
Mobile Payments Hit $5.5 Trillion In China
Mobile payments reached $5.5 trillion in China in 2016, representing more than half the country’s total gross domestic product. That’s according to a report on the size of the mobile payment market in China, which…
China’s big Airbnb rival is taking the battle overseas
China’s leading home-rental site has been a thorn in … Both destinations are full of young people with big dreams, hungry to start their own business and learn new technology, she said. In her opinion,…
China postpones portion of cybersecurity law
Companies and foreign governments have complained the law might hamper access to China’s technology markets and possibly weaken information security. The latest version of the law sent to companies says enforcement of measures on cross-border…
Zhongtian Technology enters offshore engineering market
According the Zhongtian Technology, it will serve the offshore wind farm in Rudong, Jiangsu and enter the Southeast Asia and the Middle East market in the next five to ten years. The market for offshore…
With Shares Trading down at $74.07 (CAVM) Cavium and China Unicom Sign…
Cavium and China Unicom Sign Collaboration Agreement for Virtualized RAN Technology. The company is so far trading down by -0.19% since yesterday’s close of $74.21. Company chares are trading at $74.07 just a bit higher…
China Tower prepping $5B-$10B public offering
and China Unicom (CHU +1.4%) — has approached investment banks as it plans an initial public offering. The company is said to seek floating 10-20% of its shares and raise $5B-$10B, most of which would…
ARM in China joint venture to help foster ‘secure’ chip technology
TAIPEI — ARM Holdings, a British chip innovator controlled by SoftBank Group, will form a joint venture with Chinese partners “within months” to help companies in China develop semiconductor technologies, including products that could have…
China accelerates commercial use of NB-IoT for industrial applications
According to China Daily, the The Ministry of Industry and Information Technology is encouraging enterprises to promote the technical transformation of broadband network infrastructure, such as fiber broadband and Long Term Evolution (LTE) enhancement ……
China Information Technology : CNIT SIGNS $2 MILLION CLOUD-BASEDAD TERMINALCONTRACT FOR SHENZHEN
SHENZHEN, China, May 30, 2017 -China Information Technology, Inc. (Nasdaq:CNIT), a provider of cloud-app technologies for Internet-of-Things (IoT) platforms and internet-based ad distribution and ad screen sharing systems in China, today said it has ……
China to launch cybersecurity law despite concerns
China will implement a controversial cybersecurity law Thursday despite concerns from foreign firms worried about its impact on their ability to do business in the world’s second largest economy. Passed last November, the law is…
Big Data Is Part Of China Unicom’s New Investment Strategy
China Unicom’s deputy general manager Jiang Zhengxin said that China Unicom attaches great importance to the development of big data and considers it as a strategic business for the group and has therefore set up…
China Unicom (Hong Kong) Limited (CHU) Getting Somewhat Positive Press Coverage, Study Shows
News headlines about China Unicom (Hong Kong) Limited (NYSE:CHU) have trended somewhat positive this week, according to AlphaOne Sentiment Analysis. The research group, a unit of Accern, rates the sentiment of news coverage by reviewing…
