China Mobile, the world’s largest wireless provider by subscribers, booked operating revenue of CNY708.421 billion (USD102.872 billion) for the year to 31 December 2016, equating to a 6.0% increase year-on-year, whilst annual service revenue growth…
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China Mobile : service revenue growth hits five-year high
China Unicom’s Net Profit Decreased by 94.1%
China Unicom, a state-owned telecommunications operator, had an operating revenue of 274.2 billion yuan in 2016, a 1 percent year-on-year decrease. The company’s net profit for the same year was 630 million yuan, a 94.1…
China’s Leverage Love Affair Is Tricky to Break, PBOC Finds
The need for stronger action is becoming clear at China’s financial regulators, with further steps likely thanks to leverage that continues to mount. First in the line of fire was the bond market, which had…
Why is Spain in the middle of a spat between China and Taiwan?
These are external links and will open in a new window Spain could soon become the first European Union country to extradite Taiwanese criminal suspects to China, instead of their home island. In December, a…
Canada joins China-backed Asian infrastructure bank
The bank has does not limit participation to members. Joining, however, carries other benefits, said John Gruetzner, a Canadian business consultant with extensive experience in China, and co-founder of the Ottawa-based China Policy Centre. It’s…
Trade mission to China part of goal to quadruple P.E.I. sales
A trade mission from P.E.I. to China covering the end of March is a big part of a strategy to quadruple sales from the Island by 2025, says Premier Wade MacLauchlan. Food is currently the…
China Bets on Sensitive U.S. Start-Ups, Worrying the Pentagon
They can also get an inside glimpse of how technology is being developed and could have access to a start-up’s offices or computers. Trump administration officials and lawmakers are raising broad questions about China’s economic…
China rebuffs South Korea WTO complaint, says respects rules
… said that China pays great attention to developing economic and trade relations between China and South Korea,” Sun told a regular news briefing. China has noted comments from a South Korean minister that there…
China Mobile : 2016 Annual Results Presentation
The Company defines EBITDA as profit for the year before taxation, share of profit of investments accounted for using the equity method, finance costs, interest income, other gains, depreciation, amortization of other intangible assets and…
China’s Love Affair With Leverage Is Tricky to Break, PBOC Finds
The need for stronger action is becoming clear at China’s financial regulators, with further steps likely coming thanks to leverage that continues to mount. First in the line of fire was the bond market, which…
Business with China only sometimes a deal-breaker for Trump
Anthony Scaramucci announced to the world in January that he would be leaving Wall Street for the White House to become President Donald Trump’s top public liaison. Not long after, Scaramucci was told by Trump’s…
China Mobile 2016 Net Profit CNY108.7 Billion
China Mobile Ltd.’s (>> China Mobile Ltd.) 2016 net profit rose 0.2% from a year earlier, as strong demand for faster wireless services was offset by intensifying competition that weighed on profitability. China Mobile, the…
China Mobile Ltd.: 2016 Annual Results Presentation
The Company defines EBITDA as profit for the year before taxation, share of profit of investments accounted for using the equity method, finance costs, interest income, other gains, depreciation, amortization of other intangible assets and…
