BEIJING, Aug 24 (Reuters) – China will keep hitting back at Washington as more U.S. trade tariffs are imposed, but its counter-strikes will remain as targeted as possible to avoid harming businesses i… ( read…
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Exclusive: China to keep hitting back at U.S. over trade, to boost government spending – finance minister
China to keep hitting back at US over trade, to boost gov’t spending: Finance Minister
The Chinese government will increase its spending to support workers and the unemployed who are hurt by the trade conflict. BEIJING: China will keep hitting back at Washington as more US trade tariffs … (…
China Removes Foreign-Stake Limits in Banks, Asset Managers
Overseas financial institutions will now be treated the same as local companies, the China Banking and Insurance Regulatory Commission said in a statement late Thursday, taking forward a process start… ( read original story …)
Japan, China finance ministers to meet in Beijing as relations improve
TOKYO (Reuters) – Finance ministers and officials from Japan and China are to meet in Beijing on Aug. 31, a Japanese official said, a sign of improving ties amid Sino-U.S. trade tensions. Japanese Fin… (…
China official says U.S. tariffs will impact high-tech industries in both nations
BEIJING (Reuters) – China’s state planner said on Friday the United States’ tariffs on Chinese high-technology products will have an impact on high-tech industries in both countries. Ren Zhiwu, head o… ( read original story…
China Removes Foreign Ownership Limits in Banks, Asset Managers
Overseas financial institutions will now be treated the same as local companies, the China Banking and Insurance Regulatory Commission said in a statement late Thursday. Foreign stakes were previously … ( read original story …)
China Unicom promises 300 Beijing 5G bases this year
China Unicom (CHU +1.2%) is promising to build 300 5G base stations in Beijing this year. That comes as part of the state-owned telecom’s “NEXT 5G” initiative. The company also plans to pilot 5G techn……
Why China and US tech stocks are diverging
“Tech sector [in China] had previously been the large beneficiary of such large inflow, now it is seeing the reverse,” Liu told Yahoo Finance in an email. With ongoing trade negotiations between the t… (…
Australia bans China’s Huawei from 5G mobile network, angers Beijing
SYDNEY (Reuters) – Australia has banned Chinese telecoms firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment for a 5G mobile network, citing risks of foreign interference and hacking whi… ( read original story …)
China Mobile HK claims 5G network testing record
China Mobile Hong Kong (CMHK) has proclaimed it is the first network provider in Hong Kong to successfully complete end-to-end 5G network testing. CMHK says it has successfully built a 5G network that … (…
Australia bans China’s Huawei from mobile network build over security fears
SYDNEY (Reuters) – Australia’s government on Thursday banned major Chinese telecoms firm Huawei Technologies Co Ltd from supplying equipment for its planned 5G mobile network, citing risks of foreign … ( read original story …)
China Now Boasts More Than 800 Million Internet Users And 98% Of Them Are Mobile [Infographic]
China’s internet population just passed a major milestone. According to the Chinese government, 802 million people are now actively using the internet, 57.7 percent of the population. The data was pub… ( read original story…
China Furious After Australia Bans Huawei From Mobile Network Project
Taking a page out of Trump’s playbook – and coming at a tumultuous time for the country, with PM Turnbull apparently on his way out and the local government in disarray – Australia banned Chinese…
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