The smartphone market globally has been on a decline, but analysts and other stakeholders in the phone business are banking on the rollout of 5G services to expand the market once again. 5G will ……
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China Unicom teases new 5G Xiaomi phone, Samsung Galaxy A90 5G, and Huawei Mate 30 5G
Chinese brands outperforming German premium car makers on e-mobility
[Photo by Zhang Dandan/China Daily] BERLIN – Chinese original equipment manufacturers (OEM) were becoming relevant competitors for top German players in the premium automobile segment, according to a … ( read original story …)
Chrystia Freeland praises ‘two brave Canadians’ detained in China since December
Canada and China have been locked in a diplomatic dispute since Dec. 1 when Canadian authorities arrested Huawei Technologies Co Chief Financial Officer Meng Wanzhou in Vancouver on a U.S. warrant. … ( read original…
IMF says China should keep Yuan flexible as wrade war widens
The IMF said directors on its executive board, which concluded its annual review of China on July 31, “concurred that greater exchange rate flexibility and deeper and better functioning FX markets … ( read original…
International Monetary Fund says China may need more stimulus if U.S. trade war worsens
The International Monetary Fund said on Friday that China may need more fiscal stimulus if trade tensions with the United States worsen, putting economic and financial stability at risk. The IMF’s … ( read original…
China mulls biggest revamp to its futures market since 2015 restraint
The China Financial Futures Exchange is also considering a new range of products, including futures on the MSCI China A Index, the people said. The bourse plans to introduce an equity volatility index … (…
The U.S. is on a collision course with China – and Canada could get hit
He may use the currency-manipulator label as justification to have his own government intervene in currency markets, either to push China’s yuan higher or to devalue the U.S. dollar. Such a move would … (…
China’s yuan slips, on track for worst week in more than a year
The yuan on Friday was trading 0.1% lower at 7.05 a dollar. The escalating U.S.-China trade war drove much of the volatility across the region this week. “Emerging market currencies have sold … ( read…
China Ex-Central Bankers Warn of Lasting Currency War With U.S.
The U.S.’s labeling of China as a currency manipulator “signifies the trade war is evolving into a financial war and a currency war,” and policy makers must prepare for long-term conflicts, Chen Yuan, … (…
China to push to attract more high-tech manufacturers
BEIJING (Reuters) – China will push to attract more high-tech manufacturers to set up in the world’s No.2 economy, the nation’s commerce ministry said late on Friday, without giving further … ( read original story…
Bank of China Has a Message for Hong Kong: ‘Stop Violence, Contain Chaos’
The terse message in a full-page advertisement from Bank of China Ltd.’s units in Hong Kong greeted local residents on Friday while the city braced for another weekend of unrest. Printed in the … (…
China’s Huawei to invest $800 million in new Brazil factory amid 5G push
Initially, handsets would be imported from China, but the world’s third-largest … trusts the company and the country needs its technology. Rivals noted that Huawei is under particular pressure … ( read original story …)
Former US ambassador to China warns Beijing intervention in Hong Kong will provoke Taiwan
the former U.S. ambassador to China warned Beijing against interference, saying that could escalate tensions across the Strait. Speaking to Yahoo Finance, Gary Locke said mainland intervention in … ( read original story …)
