In July 2024, the aggregate number of “Big Connectivity” subscribers was about 1.078 billion, with a net increase of 12.111 million in a single month, slowing down from the net increase of 12.959 …
Featured Posts Title
Kremlin Doesn’t Rule Out a Putin-Trump Meeting in Beijing in September
US government worker prevented from leaving China: what we know
Chinese circuit-board maker Victory Giant considering Hong Kong listing, sources say
China, EU leaders to hold summit in Beijing on Thursday
Beijing will respond decisively to the 18th package of EU sanctions – Ministry of Commerce of China
Analysis-Trump’s Renewed Interest in Pakistan Has India Recalibrating China Ties
How China Set About Amassing European Shipping Ports
Recent Posts
CHINA UNICOM 5G Package Subscriber Net Increase Accelerates to 2.882M in Jul
China’s central bank conducts 20.9$ billion via reverse repos Tuesday
China central bank conducted 1491 billion yuan US209 billion of seven-day reverse repos at an interest rate of 17 percent TuesdayXinhu …
China teases New Coast Guard ‘mothership’: What it means for naval warfare in the Indo-Pacific
China has built the world’s first drone carrier, a Yulan-class Landing Helicopter Assault ship, pioneering a new era in naval warfare. This advanced vessel boosts China’s amphibious capabilities, …
PwC loses major client Bank of China amid regulatory probe
Auditor PwC has lost its largest mainland China-listed client, Bank of China, to rival EY, adding to an exodus of clientele amid a regulatory investigation into its work on troubled property developer …
China’s Finance Ministry to Refinance USD56 Billion This Month in Regular Special Bond Repayment
China’s Ministry of Finance will issue CNY400 billion (USD56 billion) worth of special government bonds on Aug. 29 as part of a standard rolling issuance that has been in place since 2017 to pay off…
China Classifies Crypto Transactions as Money Laundering in Major AML Law Update
China has updated its anti-money laundering laws to include virtual asset transactions, introducing severe penalties for offenders and sparking speculation about the country’s future stance on …
Chinese PV Panel Maker Das Solar Withdraws IPO Application Amid Sluggish Market
Das Solar canceled its application for a listing on the Shenzhen Stock Exchange submitted on Dec. 29 last year, according to a bourse filing on Aug. 16. The Zhejiang province-based company planned to …
China is backing off coal power plant approvals after a 2022-23 surge that alarmed climate experts
Approvals for new coal-fired power plants have dropped sharply in China after a flurry of permits in the previous two years raised concern about the government’s commitment to limiting climate change …
China Weighs Letting Local Governments Issue Bonds to Buy Homes
China is considering a new funding option for local governments to buy unsold homes after a series of rescue packages failed to prop up the market, according to people familiar with the matter.
Binance Remains King Among Chinese-Speaking Crypto Users: Survey
Binance is the preferred crypto exchange platform among Chinese-speaking users, a survey from Hong Kong publication TechFlow showed.
China keeps key loan rates on hold as economic recovery shows progress
After unexpected cuts in July, the People’s Bank of China (PBOC) left the one-year and five-year Loan Prime Rates (LPR) unchanged. Amid recent mixed activity data, China’s economy shows signs of a …
Swiss Watch Exports Gain as US, Japan Offset Steep China Drop
Swiss watch exports eked out a slight gain in July as strong shipments to the US and Japan outweighed further declines in demand for premium and luxury timepieces in China and Hong Kong.
China Recognizes Virtual Asset Transactions in Revised AML Laws
China has revised its AML laws to include virtual asset transactions in first major update to the country’s AML framework since 2007.
