BEIJING (Reuters) – American Express Co (NYSE:AXP – News) on Friday won approval to clear card payments in China, making it the first U.S. card network to gain direct access to what is set to…
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Recent Posts
AmEx wins China approval to clear card payments
China detained the vanished president of Interpol one month ago — and his wife fears he’s dead
Sophie Richardson, the organization’s China director, told Business Insider that “we assume but cannot confirm” that. Meng’s wife, Grace, repeatedly denied China’s corruption charges and claimed that … ( read original story …)
China Overtakes Japan To Become World’s Top Natural Gas Importer
China has recently overtaken Japan to become the world’s biggest importer of natural gas and will likely keep that crown as pipeline and liquefied natural gas (LNG) infrastructure grow … ( read original story …)
Two news anchors at China’s state-run news agency aren’t human
The news never sleeps, and neither do the two new anchors at China’s state-run news agency. New China News Agency on Wednesday unveiled what it’s calling the world’s first news anchors powered by arti… (…
In high-level talks, U.S. presses China to halt militarization of South China Sea
Even as the United States and China confront difficult challenges in their relationship, “cooperation remains essential on many issues,” U.S. Secretary of State Mike Pompeo told a joint news … ( read original story …)
Trade war, market drag creating opportunities in China, CPPIB chief says
“Our teams are busy,” Machin told the Financial Post on Friday in a phone interview during his latest trip to China. “I think given the softening markets in China and related markets … ( read…
China Mobile leads mobile subscriber additions in September
China Mobile led net monthly subscriber additions in the Chinese mobile market in September, growing its base by 3.52 million to 916.4 million. China Telecom followed with 3.09 million new customers a… ( read original…
Huawei and China Mobile unveil first 8K VR 5G broadcast at 5th World Internet Conference
China Mobile’s 5G Innovation Centre “worked closely with Huawei to unveil the first 5G network based 8K VR live broadcast”, showcasing one way 5G will change our virtual and actual realities. With Hua… ( read…
Huawei, China Mobile team for 5G 8K VR live broadcast demo
China Mobile 5G Innovoation Centre and Huawei are demonstrating what they claim as the first 5G network-based 8K virtual reality (VR) live broadcast at the World Internet Conference in China. Compared … ( read original…
In China, response to pledged share meltdown stirs concern
“If risks spread further into the financial system, a match box could morph into an atomic bomb.” The crisis has brought Pang Da Automobile Trade Co , a car dealer once dubbed China’s “King ……
Italian brand hub introduced to Tmall
To join the brand hub on the Alibaba platform … He said that there will also be special offers at the e-shop during China’s Double 11 shopping festival, which is “one of the most important…
Beijing’s new lending targets for private firms send China bank stocks diving
Chinese banking stocks tumbled on Friday after China’s financial regulator outlined targets for banks to increase lending to private companies to boost confidence in the strained sector. The China Ban… ( read original story …)
China Banks Fall on Concern Loan Targets Are a Step Too Far
At least a third of new loans should go to non-state companies, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said late Thursday. Private lending was less than a quar… ( read…
