China Mobile (NYSE: CHL) reported fourth-quarter results early Thursday morning. Let's take a look at what we learned. The world's largest mobile phone network (about triple the size of the two largest American carriers combined) saw profits sliding in the ... ( read original story ...)
China Mobile, domestic rivals set sights on 5G
HONG KONG -- China's top three wireless carriers are looking toward beginning fifth-generation service around 2020, with the two smaller players hoping to narrow the gap with leader China Mobile. China Mobile said it will concentrate investment in 5G ... ( read original story ...)
Book Review: Saving China’s Banking System
China’s Banking Transformation: The Untold Story by James Stent. Oxford University Press, hardcover, 1798pp with bibliography and index In the middle of the first decade of this century, Chinese officials led by then-Prime Minister Zhu Rongji set out to ... ( read original story ...)
China debt risk 'very much under control': vice finance minister
BOAO, China China's debt risks are "very much under control", but local governments must ensure that the increase in their debt spending this year is within stipulated limits, Vice Finance Minister Liu Wei said on Friday. Beijing tightened controls in ... ( read original story ...)
China’s Zhonghong Zhuoye buys SeaWorld stake from Blackstone
SeaWorld Entertainment Inc said China’s Zhonghong Zhuoye Group Co. Ltd. would buy Blackstone Group LP’s stake in the embattled U.S.-based marine park operator, sending SeaWorld’s shares up 10 per cent in morning trading on Friday. Zhonghong Group ... ( read original story ...)
Next stop China: how small businesses can tame the dragon
Investigate major market trends, seek customer feedback and watch the competition. Groups like the EU SME Centre publish sector specific guides, the China-Britain Business Council (CBBC) has a business in China handbook, and private research firms can help ... ( read original story ...)
Why Apple's red iPhones are not 'Red' in China
These are external links and will open in a new window Image caption Apple's special-edition red iPhone 7 and 7plus launch in over 40 countries, including China, on Friday Apple's latest iPhone might be red, but it's not Red in China. The special-edition ... ( read original story ...)
Australian prime minister won't choose between China and US
Australia does not have to choose between the United States and China, the Australian prime minister said Friday as he announced a new beef export deal with the Chinese. Prime Minister Malcolm Turnbull and Chinese Premier Li Keqiang oversaw signing of ... ( read original story ...)
Is China Deleveraging? Part I
Another metric, labeled "Depository Corporations claims on Non-Financial Institutions", was up again, a modest 6.2% to 85 trillion. Time to pop the bubble China is deleveraging, right? Wrong — for obvious and non-obvious reasons. First, as you may have ... ( read original story ...)
UPDATE 2-China Mobile's net profit holds up, raises dividend payout
* Net profit up 0.2 pct at 108.7 billion yuan * Revenue rises 6 pct to 708.4 billion * Final dividend raised 3.9 pct * Full-year payout ratio raised to 46 pct of profits * Capex in 2017 to fall to 176 bln yuan from 187.3 bln in 2016 (Adds capital spending ... ( read ...