The signal came into operation on Sunday in an area popular with tourists near Dunhuang City, Gansu province, Chinese state media outlet ECNS reported Monday. Camel-riding tours are a big attraction …
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Stop! Camel time! China creates world’s first traffic signal for the humped beasts
Blockchain provides major boost to speed of China-Europe rail trade
The China-Europe rail cargo trade has been given a boost in the arm with the aid of blockchain tech, which has sped up global trade.
China’s Ant Group to restructure under central bank agreement
BEIJING, April 12 (Reuters) – Ant Group, the fintech affiliate of Alibaba Group Holding Ltd BABA.N, will restructure as a financial holding company, China’s central bank said … requirements of …
China Tells Ant to Become Financial Holding Firm in Overhaul
The central bank told Ant to rectify unfair competition in its payments business and also end information monopoly … The recast is a step toward meeting the demands of China’s watchdogs, who have …
China’s Ant Group to become financial holding company -central bank
Ant Financial, the fintech affiliate of Alibaba Group Holding Ltd, will restructure as a financial holding company, China’s central bank said on Monday … Reuters provides trusted business, financial …
West China’s Chongqing Liangjiang New Area leverages ties with SCO for greater opening-up
Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post. SEE ALSO: Alibaba shares jump 8% as China ends its antitrust probe on Jack Ma’s tech empire …
Pintec To Acquire Shenzhen Jishengtai Technology – Quick Facts
(RTTNews) – Pintec Technology Holdings Limited (PT) has agreed to acquire all of the equity interest in Shenzhen Jishengtai Technology Co. Ltd, a securities technology firm based in Shenzhen, China.
Alibaba’s record fine is a ‘warning shot’ in China’s tech crackdown
Alibaba is trying to draw a line under accusations that it behaved like a monopoly after Chinese regulators hit the online shopping giant with a record fine over the weekend. But that doesn’t mean the…
Breakingviews – Capital Calls – JLL is late to China’s property services party
BETTER LATE THAN NEVER. Jones Lang LaSalle is late to a party. The $9 billion New York-listed company is weighing up a sale of its Chinese property management business for at least $500 million, per…
UPDATE 1-China March new bank loans rise to 2.73 trln yuan, beat forecast
BEIJING, April 12 (Reuters) – New bank lending in China rose more expected in March from the previous month as the central bank walks a tightrope between supporting the rapidly recovering economy …
China March new bank loans rise but broad credit growth eases
M arch new loans 2.73 trln yuan vs forecast 2.45 trln yuan March M2 money supply +9.4% y/y, vs forecast of +9.6% BEIJING, April 12 (Reuters) – New bank loans in China rose more expected…
Smartphone shipments in China in March increase 67.7%: CAICT
SHANGHAI (Reuters) – Shipments of smartphones within China increased 67.7% year-on-year to 35.5 million handsets in March, the China Academy of Information and Communications (CAICT) reported on …
China: Credit growth limited by deleveraging reform
Although China’s aggregate finance grew at a slower pace than last year, yuan loan growth was faster than a year ago, showing that shadow banking has continued to shrink. Together with deleveraging …
