NEW DELHI: Brocade has announced that China Mobile, the world’s largest mobile communications service provider, has selected an advanced network functions virtualization (NFV) solution from Brocade to support its most strategic corporate development … (…
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Huawei and China Unicom jointly complete world's first FDD Massive MIMO field verification
SHANGHAI, CHINA–(Marketwired – Jan 17, 2017) – Huawei, together with China Unicom Group, completed field verification of the industry’s first FDD-based Massive MIMO technology, using the existing two-antenna receiving terminal on the 20MHz spectrum to…
China to develop prototype super, super computer in 2017
China has poured money into big-ticket science and technology projects as it seeks to become a high-tech leader. But despite some gains the country’s scientific output still lags behind, and its universities generally fare poorly…
The 10 most powerful Chinese export brands
While many huge Chinese brands are unknown outside of China, several are now competitive on the world’s stage. On Tuesday, the first “BrandZ Top 30 Chinese Global Brand Builders” report was released by advertising holding…
China’s banks need coordination for debt-equity swaps, CCB says
The Beijing-based bank has an asset-management unit with 12 billion yuan in seed capital awaiting approvals. In addition, it has agreed to swap 50 billion yuan of debt owed by three state-owned mining and energy…
Hong Kong regulator sues StanChart, UBS, KPMG, others over China Forestry IPO
HONG KONG Hong Kong’s securities regulator has filed a suit against Standard Chartered Plc (STAN.L), UBS Group AG (UBSG.S) and four other parties over the 2009 IPO of timber company China Forestry Holdings Co Ltd…
China unveils new plan to further open economy to foreign investment
BEIJING (Reuters) – China’s cabinet issued measures on Tuesday to further open the world’s second-largest economy to foreign investment, including easing limits on investment in banks and other financial institutions. China will lower restrictions on…
Audi to expand electric car range in China with FAW
An early entrant to China, Audi remains the best-selling premium car brand … up a new company for mobility and digital services as well as closer cooperation in financial services. (Reporting by Andreas Cremer and…
Stable Growth, Multiple Awards: China Rapid Finance Named to Hurun Report
China Rapid Finance Limited, a large Chinese consumer lending marketplace launched in 2001, added to its recent haul of awards and recognitions by being named to Hurun Report’s “2017 China New Finance Top 50.” CRF’s…
Taiwan simulates China attacks as tension rises
Taiwan began two days of military drills Tuesday simulating an attack by China as the government sought to reassure the public in the face of deteriorating relations with Beijing. The island’s armed forces gathered in…
2016: A big year for Shanghai's financial sector
furthering innovation of the financial system and increasing the city’s global influence in the finance industry. The China Financial Information Center and the Shanghai branch of the China Economic Information Service reviewed the city’s efforts…
China targets Bitcoin, casinos and overseas property buyers as outflows surge
China’s financial regulators have had a very busy start to the year. In just a few short weeks they have raided the country’s fast-growing Bitcoin exchanges, pressured banks to stop processing cross-border yuan payments until…
China says will not let non-financial firms' debt rise beyond current levels
BEIJING Jan 10 China will not allow non-financial firms’ debt to rise beyond current levels, the head of the state planning agency said on Tuesday. China’s corporate debt has soared to 169 percent of GDP.…
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