China Mobile Ltd. 0941 Friday reported a 4.1% year-over-year rise in its first-quarter net profit after margins improved slightly. Net profit in the January-to-March quarter was 25.8 billion Chinese yuan (US$4.1 billion), compared with CNY24.8…
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China Mobile profit up 4.1% as margins expand
China Mobile : UNAUDITED KEY PERFORMANCE INDICATORS FOR THE FIRST QUARTER OF 2018
The Group achieved overall favourable performance from its mobile business during the first quarter of 2018, following its steadfast efforts to further develop its data traffic operations, maintain market competitiveness and boost customers’ data usage.…
China will curb financial irregularities from the root – regulator
BEIJING (Reuters) – China’s banking and insurance regulator said in a statement on Friday it will curb financial irregularities from the root. ( read original story …)
Factbox: Made in China 2025: Beijing’s Big Ambitions From Robots to Chips
SHANGHAI — China is looking to catch up with rivals like the United States and Germany in high-end technology, making a major push with a “Made in China 2025” strategy that identifies 10 key sectors,…
Beijing beauty salon investigated after woman, 78, spends US$44,000 on treatments
Beijing’s industry and commerce authority is investigating a claim that a 78-year-old woman was defrauded by being coaxed into spending large sums of money at a beauty salon, a report claims. The woman spent 274,500…
BRIEF-China Unicom Hong Kong Says March Aggregate Number Of Mobile Billing Subscribers 293.9 Mln
April 20 (Reuters) – China Unicom Hong Kong Ltd: * MARCH NET ADDITION OF LOCAL ACCESS SUBSCRIBERS DOWN 0.308 MILLION * MARCH AGGREGATE NUMBER OF MOBILE BILLING SUBSCRIBERS 293.945 MILLION * MARCH NET ADDITION OF…
Finance Chiefs Told Trade Tensions Are Hitting Confidence
That’s the message being conveyed to finance ministers and central bankers from around … The U.S. argues China needs to lower its barriers to imports and foreign investments, while Beijing is criticizing President Donald Trump’s…
China Huarong confirms chairman departs after probe, shares tumble
Huarong said in a statement to the Hong Kong stock exchange late on Thursday that Lai’s departure “will not cause any adverse impact to the business.” Wang Zhanfeng, head of the Guangdong branch of China’s…
China is obsessed with stopping jaywalkers — and is now spraying them with water
One city in China has built bollards that spray jaywalkers with water, and tell pedestrians that “Crossing is dangerous.” The system also uses facial recognition technology to capture and shame wayward walkers. Facial recognition technology…
China’s ZTE fires back over US ban: ‘We cannot accept it’
One of China’s top tech companies has lashed out at the US government’s move to prevent it from buying technology from American companies. ZTE (ZTCOF), which sells smartphones and other telecommunications equipment around the world,…
China’s ZTE slams U.S. ban on sales, says company’s survival at risk
HONG KONG (Reuters) – China’s ZTE Corp (HKSE:0763.HK – News) (Shenzhen:000063.SZ – News) said on Friday that a ban on the sale of parts and software to the company was unfair and threatens its survival,…
Beijing 2022 urged to be cost-efficient by Samaranch during latest IOC Project Review visit
Beijing’s preparations for the 2022 Winter Olympic and Paralympic Games have been backed by the chairman of the International Olympic Committee (IOC) Coordination Commission Juan Antonio Samaranch following his latest visit to the Chinese capital.…
U.S., U.K.join forces on financial regulation
So our own producers are concerned.” U.S.-China Trade Spat a Glitch, Sri Lankan Says (11:39am) Sri Lanka’s junior finance minister, Eran Wickramaratne, is among those who expect a resolution to the U.S.-China trade tensions. Instead…
