China Unicom (Hong Kong) posted service revenue of CNY 133 billion for the first half of 2019, which represents a decrease of 1.1 percent year-on-year. EBITDA amounted to CNY 49.5 billion, up 8.4 … (…
Featured Posts Title
Did Joe Biden’s ex-medical advisor Fauci fund China’s Wuhan Lab research behind Covid-19 outbreak? Tulsi Gabbard’s final act with ‘never-before-seen’ documents …
How China’s navy is tightening the noose on Taiwan
US reveals concern that China now has top chip making tools
China’s threat to aging Americans is a national security issue, commissioners say
Anthony Fauci gave millions in taxpayer dollars to fund Wuhan lab research that sparked COVID, Tulsi Gabbard says
Elon Musk says that China will have a Fable 5-class AI model probably Q1 next year
Kevin O’Leary warns China is winning the AI race because US states are slowing data center production
Recent Posts
China Unicom’s H1 service revenue falls 1.1%, profit jumps 16%
China Wireless Carriers Soar on Savings From 5G Cost-Share Plan
China’s big three wireless carriers soared after China Unicom (Hong Kong) Ltd. Chairman Wang Xiaochu said his company was close to an agreement to share resources for building a 5G network. Joint … ( read…
VW brand’s China sales grow for 2nd straight month
Volkswagen, the largest car brand in China, bucked the market downturn for a second month in a row, with July sales rising 2 percent to 228,000. The gains came mainly as a result of its…
Trump trade war is splitting tech manufacturers along U.S.-China lines
Even the unseasonable downpour couldn’t dampen the spirits of the executives and officials gathered on the Indonesian island of Batam to cut the ribbon on a new Pegatron Corp. factory. The men … ( read…
Bank of Mexico lowers interest rate, citing global concerns
MEXICO CITY – Mexico’s central bank said Thursday it was lowering its benchmark interest rate by a quarter-point to 8%, citing slowing global economic activity and tensions including the trade war … ( read original…
Petrobras Repays Billions In China Debt Before Term
Petrobras has settled a debt of US$3 billion with the China Development Bank ahead of time and will repay another debt, this one of US$5 billion, in December, ending an agreement for the … (…
Exclusive: China curbs gold imports as trade war heats up
“There are virtually no import quotas now issued in China,” one source said. In June and July “next to nothing” was imported by banks, they said. The Chinese central bank did not respond … (…
Beijing starts military exercise in disputed South China Sea as tensions with Vietnam rise
Tensions in the South China Sea re-emerged last month, with a week-long confrontation between Chinese and Vietnamese coastguard vessels around the energy-rich Vanguard Bank, after Chinese survey ship … ( read original story …)
China curbs gold imports as trade war heats up
The bulk of China’s imports – coming from places such as Switzerland, Australia and South Africa and usually paid for in dollars – are conducted by a group of local and international banks given ……
Vanguard Bank is a clear example of Beijing’s South China Sea strategies in action
China is trying to manipulate international dispute resolution mechanisms to sew confusion and further its economic interests in the South China Sea. Its diplomatic and military activities are pushing … ( read original story …)
China injects 400 bln yuan via 1-yr MLF, with rate unchanged
SHANGHAI — China’s central bank on Thursday lent 400 billion yuan ($56.90 billion) to financial institutions via its one-year medium-term lending facility (MLF), with the interest rate … ( read original story …)
China’s small banks still struggling to obtain funds to lend three months after first bank failure in 20 years
China’s numerous small banks are still struggling to raise the finances needed to be able to offer more loans to aid the slowing economy nearly three months after the country’s first bank failure … (…
China bought U.S. pork last week as Beijing declared halt in U.S. farm purchases
China made its biggest purchases of U.S. pork in seven weeks last week as Beijing said Chinese companies suspended purchases of American agricultural products, according to U.S. Department of … ( read original story …)
