It is expected to benefit 80 million users. The People’s Daily reported that China Unicom and China Mobile had also announced they would cancel domestic roaming fees from September. China Telecom chairman Yang Jie said…
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White House warns of ‘industrial-scale’ efforts in China to rip off U.S. AI tech
These fishermen in the South China Sea get paid for their time on water — not to fish
White House accuses China of ‘industrial-scale’ AI technology theft weeks ahead of Trump-Xi summit
Hong Kong’s Langham group among first to invest in Beijing’s ‘city of the future’ Xiongan
China teases new aircraft carrier in video, vows to build up islands
China Publishes Maps Detailing Minerals on the Ocean Floor
Canada was almost driven into China’s arms by U.S. economic coercion, Trudeau says
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Roaming charges will be history by September
The firm behind one of the top China analysts in the world is warning of a ticking time bomb
China has shown signs that it is aware of the risks that shadow banking presents. In a recent interview with Bloomberg, Chu stated that Beijing has shown a “surprisingly high appetite for pain” as it…
Visa applies for direct access to China’s bank-card clearing market as it moves to challenge UnionPay dominance
Visa expects the central bank to consider its application in line with the publicly … will for sure means fiercer competition,” said Wang Pengbo, an analyst with Beijing-based consultancy Analysys. “Yet, it still an uncertainty…
China’s rules on overseas bank card transactions to have limited effect on users
BEIJING – China’s new rules on overseas bank card transactions will have a limited effect on card holders as they aim only to gather information to curb money laundering, not spending, an official said Tuesday.…
China Is Taking On the `Original Sin’ of Its Mountain of Debt
In July, the bank watchdog is said to have told some lenders to cut the … investments — funds that Chinese lenders farm out to external asset managers — and Beijing recently extended the deadline…
Finance news you need to know today
BEIJING — China will pay the biggest price from the new UN … KUALA LUMPUR — Malaysia’s government has launched an inquiry into massive foreign exchange losses by the central bank more than two decades…
Interview: Yassin Fawaz
These include the notorious Bank of Dandong, considered a primary tool of the regime … Washington needs to maintain strong pressure on China, to constantly urge a more assertive role by Beijing to force North…
McDonald’s to double number of China restaurants
The company with the instantly recognisable golden arches logo has seen its revenues plateau in China, where competitive local brands and mobile delivery apps have siphoned consumers away from restaurants. After expanding quickly in Asia,…
China says it’s OK with ‘paying the price’ for North Korea sanctions
China will pay the biggest price from the new UN sanctions against … it will face even stronger pressure and sanctions,” Defence Ministry spokesman Moon Sang-gyun told a regular news briefing. “We warn North Korea…
Carrie Lam meets banking and financial heavyweights in Beijing
Meeting mainland financial authorities in Beijing is a good start for her term, The Chief Executive Carrie Lam Cheng Yuet-ngor said yesterday met the mainland’s commerce minister, as well as leading banking and financial officials…
Online Financial Marketplace Sino Fortune Seeks $42 Million In US IPO
Beijing-based Sino Fortune wants to raise $42 million in a U.S. IPO. Sino is a growing financial service marketplace that matches those with capital to lend with borrowers. The company is growing quickly and has…
The U.S. Wants More IPOs. A Chinese Exchange Bid Will Test How Badly.
his career highlights included working on Alibaba Group Holding Ltd.’s record U.S. IPO. The SEC’s deadline to make a decision on the Chicago Stock Exchange comes as political and economic tensions between Washington and Beijing…
How Chicago Stock Exchange deal is making life rough for new SEC chief
his career highlights included working on Alibaba Group Holding Ltd.’s record U.S. IPO. The SEC’s deadline to make a decision on the Chicago Stock Exchange comes as political and economic tensions between Washington and Beijing…
