China’s latest move to crackdown on VPN software that enables people to circumvent its internet censorship system appears to be a very worrying one. Bloomberg reports that the government has requested that state-run telecom operators…
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China’s mobile operators are reportedly being told to ban all use of VPNs
China’s LeEco crisis to cost listed unit $2.5 billion in market value, funds estimate
In separate revaluation statements, Harvest Fund Management Co Ltd, China Post & Capital Fund Management Co Ltd and E Fund Management Co Ltd said they expect shares of Leshi Internet Information & Technology Corp Beijing…
China, Pakistan vow to strengthen cooperation in science, technology
Islamabad: China and Pakistan have agreed to strengthen bilateral cooperation in science and technology under the Belt and Road Initiative. Calling Pakistan and China “iron brothers”, President Mamnoon Hussain has said the $50 billion (Dh183.65…
China’s strategy protecting own territory, while increasing military presence within disputed waters
representing the rising sophistication of China’s defence industries. Once heavily dependent on foreign technology, China in April launched its first aircraft carrier built entirely on its own, based on an earlier Ukrainian model. In terms…
China Rapid Finance Exceeds 20 Million Cumulative Loan Milestone
SHANGHAI, July 10, 2017 /PRNewswire/ China Rapid Finance Limited (“China Rapid Finance” or the “Company”) (NYSE: XRF), a leading online consumer lending marketplace, today announced that it has achieved a new milestone of 20 million…
China Rapid Finance: 20 Million in Cumulative Loans Facilitated Since Marketplace Lending Platform Inception
China Rapid Finance announced on Monday it has exceeded 20 million cumulative loans facilitated since its marketplace lending platform launch. According to the lender, this new milestone demonstrates accelerating the growth of its consumer marketplace…
How one city’s borrowing practice highlights China’s daunting financial risks
China’s finance ministry was technically correct when it reacted to a sovereign debt rating downgrade in May by saying the debts of local government financing vehicles (LGFVs) and state-owned enterprises would not swell the government’s…
China renews commitment to less coal, more natural gas
China has renewed an ambitious commitment to displacing coal with natural gas-fired energy, plotting a course to revive a “golden age” for a petroleum product – even as Canada’s ability to profit from Chinese demand…
China’s June factory price inflation subdued
China’s producer price inflation was unchanged in June and remained well off highs seen earlier this year, amid lingering oversupply issues in the steel sector and as signs of economic weakness weighed on the outlook…
China’s COSCO to buy Orient Overseas for $6.3 billion
BEIJING – China’s biggest shipping company, state-owned COSCO Shipping Holdings Co., is creating the world’s No. 3 container shipping giant by acquiring rival Orient Overseas (International) Ltd. Shares in both companies surged Monday following the…
China’s ambition, US retreat on show in Serbian factory town
has often expressed his admiration for the economic achievements of countries like China. He wants to make Hungary the main hub for Chinese business and investments in Central and Eastern Europe. “The old model for…
China’s Wanda steps back from theme park, hotel drive with $9.3 billion Sunac deal
The sale – the second-biggest real estate deal ever in China according to Reuters data – is however … While Wanda did not give a reason for the sale, local business magazine Caixin quoted Wang…
Business PC market to grow on digital transformation
“The driver for China’s business PC market will shift from ‘equipment replacement’ to ‘satisfying demand from digital transformation,” Wang Jiping, associate vice-president of IDC China, said at an event in Beijing on Friday, when IDC…
