BARCELONA — Sweden’s Ericsson, the world’s No.2 maker of mobile network equipment, said on Monday the company had signed a Memorandum Of Understanding (MoU) with world’s biggest network operator, China Mobile, over the weekend. Ericsson…
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China cut down to size by Japan’s pacey run-and-gun game
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Ericsson Signs China Mobile for Industrial Internet Trials
China puts responsibility for battery recycling on makers of electric vehicles
SHANGHAI (Reuters) – China will make manufacturers of electric vehicles (EV) responsible for setting up facilities to collect and recycle spent batteries, as part of its efforts to tackle mounting waste in the sector, say…
China’s Geely becomes biggest Daimler investor
But the German government said it saw “no need to act in terms of competition rules or foreign investment rules”. China is widely considered the most important future market for global car manufacturers. In a…
China’s move to abolish presidential term limits is more unpopular than the government thought — so it’s turning to censorship
China’s ruling Communist Party announced its plan to abolish presidential term limits on Sunday, which would allow President Xi Jinping to rule indefinitely. A number of related phrases as well as pictures of Winnie the…
China’s Geely surges after building $9 billion Daimler stake
The 9.7 percent holding makes Li Daimler’s biggest shareholder and puts the owner of Mercedes-Benz in a quandary as it already has a partnership with China’s BAIC Motor Corporation, with the two unveiling a plant…
China leads its citizens to snow ahead of the 2022 Beijing Winter Games
Zhangjiakou, China (CNN)Four years out from the next Winter Games in Beijing, China faces the same challenges as most Olympic hosts — to build facilities, expand infrastructure and do it all within a budget. However,…
China’s new home prices rose in January, even as top cities register decline
China’s housing market has boomed since late 2015, giving a major boost to the economy, but is expected to gradually slow as measures to curb property speculation drag on sales. The challenge for policymakers is…
Financial literacy of consumers in focus
Senior citizens enquire about wealth management products at a financial expo in Beijing. [Photo by Fan Jiashan/For China Daily] BEIJING－Financial literacy has become a catchphrase in China after decades of reform and opening up, with…
China cuts banking red tape to rally foreign investment
BEIJING: China’s banking regulator has introduced steps to cut the red tape for foreign banks, state media agency Xinhua said on Saturday, as part of the government’s ongoing effort to promote investment in the country’s…
Nokia and China Mobile to jointly explore use of 5G to drive new business opportunities for vertical industries
Companies to collaborate with focus on delivery of services for verticals leveraging key growth areas of smart cities, smart transportation and intelligent video analytics Extends existing 5G collaboration, with China Mobile’s 5G innovation lab to…
Chinese banks poised for better times thanks to rising interest income, analysts say
Morgan Stanley estimates net interest margins at Ping An Bank and Beijing-based Hua Xia Bank dropped by 35 and 38 basis points respectively last year. In contrast, Postal Savings Bank of China, which has a…
No NHL, no problem for Pyeongchang — but what about Beijing?
Nothing can replace best-on-best in any sport. But as exciting as Canada’s win was in 2010 with Sidney Crosby’s golden goal against the United States, this country’s successful gold-medal defence four years ago was a…
Pyeongchang hands off Winter Games to Beijing
PYEONGCHANG, Korea, Republic Of — The Latest on the Pyeongchang Olympics (all times local): 9:20 p.m. IOC President Thomas Bach has handed off the Olympic flag to the mayor of Beijing, Chen Jining, symbolising the…
