China kept its benchmark lending rate for corporate and household loans unchanged at its December fixing on Monday, as expected. ( read original story …)
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China keeps benchmark lending rate steady for 8th straight month, in line with expectations
How China leads in evolution of digital-era money, payments
CNY design if/when they arise? All these potential problems are worthy of study. The driving force of DC/EP research and development, pilots and possible promotion in the future will be mainly from … ( read…
5G connected cars to take 40% of China market by 2025
G connected car sales volume in China will reach 7.1 million units in 2025, accounting for 40 per cent of the country’s total connected car sales volume, according to latest research. The sales volume ……
China Unicom Beijing Branch showcases intelligent network for effective 5G backhaul operations
China Unicom is building an intelligent 5G backhaul network in the capital city of Beijing to enable efficient network operations and support enterprises … ( read original story …)
China accused of using Caribbean mobile networks to spy on US devices
A new report alleges China has conducted mass surveillance of US mobile phones via China Unicom and proxies in the Caribbean. ( read original story …)
China reportedly using mobile networks to monitor US users abroad
The Federal Communications Commission issued a warning in April that it might shut down the US operations of China Unicom, and the agency’s chairman, Ajit Pai, said the agency was concerned … ( read original…
‘You Can Take Any Of The Platforms Ant Has,’ Jack Ma Told Beijing Amid IPO Scrutiny: WSJ
Jack Ma, the co-founder of Alibaba Group Holding Ltd (NYSE: BABA), offered to give Beijing parts of his financial technology firm Ant Group in order to repair his … ( read original story …)
China’s stunning export comeback has factories scrambling for workers
China’s manufacturing recovery, fuelled in part by demand from COVID-constrained consumers abroad, has soared past expectations this year, so much so that factories are now struggling to fill a … ( read original story …)
U.S. lawmakers back $1.9 billion to replace telecom equipment from China’s Huawei, ZTE – sources
U.S. lawmakers will back $1.9 billion to fund a program to remove telecom network equipment that the U.S. government says poses national security risks as part of a $900 billion COVID-19 relief bill, … (…
WHO says experts to visit China in January to find origins of coronavirus
A team of international experts from World Health Organisation will travel to China in the first week of January to look into the origins of coronavirus. ( read original story …)
In unusual year, fintech thrives in China
BEIJING－The long queues at automated teller machines have become a rare sight as people in China are already accustomed to going out with mobile phones instead of wallets, and many can’t even remember … (…
Jack Ma offered China parts of Ant Group to save IPO
As Jack Ma was trying to salvage his relationship with Beijing in early November, the beleaguered Chinese billionaire offered to hand over parts of … ( read original story …)
China leaves lending benchmark LPR unchanged for 8th straight month
China left its benchmark lending rate for corporate and household loans steady for an eight straight month at its December fixing on Monday, matching market expectations. The one-year loan prime … ( read original story…
