BEIJING (AP) — China can be bolder about opening its financial markets following steps to strengthen its regulatory system and encourage use of its currency abroad, the central bank governor said Friday. The comments by…
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Central banker: China can be ‘bolder’ about market opening
China Fast-Tracks IPO Approval for Foxconn Unit
SHANGHAI—A fledgling unit of Taiwanese electronics manufacturer Foxconn Technology Group jumped to the front of the queue of Chinese companies waiting to go public, showing how China is moving quickly to allow select technology stalwarts…
Breakingviews – China courts tech and Taiwan with Foxconn IPO
The speedy approval shows Beijing is serious about luring tech giants onto mainland exchanges. Companies hoping to list in China must brave a tedious and unpredictable application process. For the 400-plus outfits waiting in line…
What’s driving the 2018 wave of tech IPOs from China
This year is off to a rousing start for Chinese tech companies listing overseas, with multiple companies already planning to go public in Hong Kong, and US$110 million raised and nearly US$2 billion filed for…
Cobham gets massive testing gig with China Mobile
UK connectivity provider Cobham Wireless has announced the China Mobile Research Institute is using its massive MIMO test solution. While massive MIMO is already a thing with more advanced flavours of 4G (4.5G and decimals…
Cobham works with China Mobile to develop 5G Massive MIMO
Cobham Wireless announced that it has delivered its massive MIMO (Multiple-In-Multiple-Out) test solution to China Mobile Research Institute, to enable the operator to benefit from the capacity and performance gains of digital Massive MIMO technology.…
What To Expect From China Mobile’s 2017 Results
China Mobile (NYSE:CHL), the largest Chinese wireless carrier, is expected to publish its full-year 2017 results in mid-March. We expect the company to post year-over-year growth in revenues and earnings, driven by its recent wireless…
Toronto attractions now accepting China’s biggest mobile payment apps
Some of Toronto’s biggest attractions are now accepting China’s biggest mobile payment apps. The CN Tower and Ripley’s Aquarium of Canada are now accepting WeChat Pay and Alipay, so payments can be made in Chinese…
Rise of mobile payments in China: Myths and facts
An article about why mobile payment is so popular in China has gone viral. The article, written by a Taiwanese manager working on the mainland, has however made many wrong conclusions. I have been managing…
China to rely less on economic stimulus as it battles risks: central bank governor
BEIJING (Reuters) – China has moved away from its old growth model which was heavily reliant on investment and will rely less on stimulus to boost the economy in future, People’s Bank of China governor…
UK bank to offer Chinese payment options
British bank Santander UK is to enable business customers to accept payment directly from China UnionPay and other leading Chinese payment wallet providers. From 2018 onwards, when companies sell products to China through e-commerce platforms…
Highlights of central bank governor’s news conference
Renminbi internationalization promotes China’s opening-up, said governor of the People’s Bank of China. In terms of market access, China could take more bold actions to further open up, Zhou added. He also predicted the trend…
China will rely less on stimulus as it battles risks from debt, says its central bank
China will rely less on stimulus to boost economy, the country’s central bank governor said. China has entered a period of reducing risk, curbing debt. Risks remain from financial holding companies and digital currencies. China…
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