(Beijing) – China Unicom, the nation’s second-largest wireless carrier, has disciplined 73 employees in Shaanxi province after discovering widespread falsification of new business to inflate revenue from their areas, according to multiple company sources. (…
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Recent Posts
China Unicom Says It Uncovered Massive Revenue Falsification in Shaanxi Unit
China Mobile, ZTE complete MEC indoor positioning trial
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that it has successfully implemented a Mobile Edge Computing (MEC) indoor high-precision … ( read original…
Global And China Mobile Water Treatment Market Research Report 2017
The Global And China Mobile Water Treatment Industry 2017 Market Research Report is a professional and in-depth study on the current state of the Mobile Water Treatment industry. Firstly, the report provides a basic overview…
China's biggest mobile payment service launches in Toronto
TORONTO, May 16, 2017 /CNW/ – Tourism Toronto announced today a new strategic partnership with OTT Financial Group that introduces the Chinese mobile payment service, WeChat Pay, into local tourism businesses to boost travel and…
China Boom to Churn Out Pakistan’s Largest IPO in Decade
Agha Steel plans to raise as much as $95 million this year Company to triple output as China finances $55b in projects Agha Steel Industries Ltd. is planning Pakistan’s biggest-ever private sector initial share sale…
China Cannot Finance the Belt and Road Alone
There is no doubt that Asia needs infrastructure. The Asian Development Bank (ADB) recently increased its already very high estimates of the amount of infrastructure needed in the region to 26 USD trillion in the…
Goldman Builds China Financial-Stress Index and, Yes, It's Risen
Economic growth hit can be limited if stress dissipates fast With China’s leadership focused anew on curbing the economy’s leverage, Goldman Sachs Group Inc. analysts are rolling out a new gauge of stress in the…
BRIEF-China Finance Online says CFO Jeff Wang resigned
* China finance online co ltd – has started conducting a search for a new chief financial officer. Source text for Eikon: Further company coverage: Our Standards: The Thomson Reuters Trust Principles Next In Market…
No timetable set for Ant Financial listing
“We do not set a concrete timeline for the IPO,” said the company in a text reply to China Daily. Ant Financial－which owns a digital wallet service, a wealth management fund, and a micro loan…
China Pumps $24.7 Billion Into Financial System — Update
SHANGHAI – China’s central bank made its biggest one-day cash injection into the country’s fragile financial markets in nearly four months Tuesday, a fresh sign that Beijing is trying to mitigate the damage to investor…
As China Pumps Liquidity, Concerns Over Financial Tightening
As China is reported to have pumped $24.7 billion of liquidity into its financial system Tuesday to boost investor confidence, an HSBC report dives deeper into concerns regarding financial tightening among Chinese economic thinkers. On…
China capable of maintaining financial market stability: Premier Li
Chinese Premier Li Keqiang said Sunday the country is capable of maintaining financial market stability and warding off regional and systemic financial risks. China will strike a balance between financial stability, gradual deleveraging and stable…
New Bank Serves As Financial Catalyst For Central Asia’s “Belt And Road” Development
Regional experts believe the reluctance of the United States, EU and others to give Beijing more of a say in the operations of existing financial institutions was a significant factor in prompting China to push…
