Alibaba has put a concerted effort on cloud computing and analysts as well as executives see it becoming a critical area in the future, despite it currently accounting for just 7% of total revenue. (…
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Australian PM Albanese meets Chinese President Xi in Beijing
Chinese President Xi Jinping meets SCO Foreign Ministers in Beijing, calls for stronger regional cooperation and stability
China’s balancing act: Will Beijing help Iran rebuild its defenses?
Gillian Chung unveils lavish Beijing residence on TV show
In China, delivery robots now ride the subway to restock 7-Eleven stores
5 Greater Bay Area shows and concerts in August 2025 to catch
Xi meets Australian PM in Beijing
Recent Posts
China’s Alibaba to invest $28.2 billion in cloud infrastructure as it battles Amazon, Microsoft
Passiveness or unclear Legco rules? All eyes on Hong Kong pro-Beijing bloc’s next move over gridlocked House Committee chair election
Amid the gridlock, 14 bills and 89 pieces of subsidiary legislation are held up, including a national anthem bill that, observers say, is testing Beijing’s patience Central government agencies have … ( read original story…
Asian shares mixed as oil prices fall back; China cuts rate
Shares were mixed in Asia on Monday after China cut a key interest rate to help cushion the impact of the pandemic on its economy. Benchmarks rose Monday in Hong Kong … ( read original…
China shows that currency stability suits its purposes best: Strategist
Despite the coronavirus outbreak originating from China, the Yuan has been moving through the crisis in a very tight range. Ray Attrill of NAB says China is showing that currency stability is the … (…
New Zealand to Ease Lockdown; China Vows Stimulus: Virus Update
Signs emerged that the global pandemic is easing in some hot spots, as regions from Spain to New York saw a slowdown in fatalities, though some Asian countries wrestled with worsening conditions. ( read original…
Asia Pacific stocks mixed as China cuts loan prime rates; US crude plummets
China cut its one-year loan prime rate to 3.85% from 4.05%. The five-year loan prime rate was also reduced to 4.65% from 4.75%. The moves marked the second cut to the loan prime rates for…
Singapore, India Cases Rise; China Vows Stimulus: Virus Update
Signs emerged that the global pandemic is easing in some hot spots, as regions from Spain to New York saw a slowdown in fatalities, though some Asian countries wrestled with worsening conditions. ( read original…
China Reports 12 New Mainland Coronavirus Cases on April 19, Eight Imported
China reported 12 new confirmed coronavirus cases on April 19, down from 16 a day earlier, with no new deaths, the country’s health authority said on Monday. Of the total, eight were imported, down ……
China cuts benchmark rate for second time this year as expected
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. ( read original story…
UPDATE 1-China cuts key rate for second time this year, more easing likely
China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. The … ( read…
China Bourse May See Additional Support On Monday
The China stock market has finished higher in two straight sessions, gathering more than 25 points or 0.9 percent in that span. The Shanghai Composite Index now rests just beneath the 2,840-point … ( read…
Here’s What Analysts Are Forecasting For China Unicom (Hong Kong) Limited (HKG:762) After Its Annual Results
Limited (HKG:762) shareholders are probably feeling a little disappointed, since its shares fell 4.9% to HK$5.00 in the week after its latest annual results. It looks like the results were a bit of a ……
China first-quarter fiscal revenues down 14.3% year-on-year: finance ministry
China’s fiscal first quarter revenue fell 14.3 percent from a year earlier to 4.598 trillion yuan ($649.75 billion), the country’s finance ministry said on Monday, attributing the decline to the … ( read original story…
