While the world is still warming up to 5G technology, Huawei Technologies is already setting sights on the next leap with the introduction of 5.5G networks. Announced in a grand ceremony in Dubai, …
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Huawei is Planning to Leap Ahead in the Connectivity Race with 5.5G Networks
Chinese Bank Stocks Gain After State Fund Raises Stakes — Update
By P.R. Venkat Chinese bank stocks rose after a state fund raised its stakes in the country’s four biggest banks, boosting hopes that Beijing will step …
China State Fund Buys Bank Shares, Fueling Rescue Hopes
China’s sovereign wealth fund increased its stake in the nation’s biggest banks for the first time since 2015, stoking speculation authorities will intensify efforts to prop up the sinking stock …
China’s ‘Big Four’ banks rally after state wealth fund boosts stake
China’s sovereign wealth fund, Central Huijin Investment, increased its stake in four of the country’s biggest banks late Wednesday in what is seen as a move to renew confidence in its stock market.
China’s GDP expected to grow at around 4% in Q3
China’s GDP is expected to grow 4.1 percent year-on-year in the third quarter of this year, Securities Daily reported on Thursday. The Chinese economy has shown a trend of stabilization and recovery, …
Gov’t working to verify speculation over China’s forced repatriation of N. Korean defectors
There are growing concerns over China’s forced repatriation of such refugees, as North Korea started to reopen its border in August after it imposed strict COVID-19 lockdowns in early 2020. The …
China’s appetite for U.S. IPOs shows little sign of roaring back
Seventeen Chinese companies raising a total of $405 million made their debut on U.S. exchanges this year, according to data through Oct. 4 from IPO research firm Renaissance Capital. That is already …
China Forcibly Repatriates 600 Defectors to N.Korea
China abruptly repatriated about 600 North Korean defectors to North Korea on Monday night, sources said Wednesday.The defectors had been detained in prisons in Jilin and Liaoning provinces since they …
US to Attend Beijing Defense Forum in Latest Sign of Improving Ties
The United States, however, won’t send Austin to the event, styled by Beijing as its answer to Singapore’s annual Shangri-La Dialogue, where in late May China’s defense minister Li Shangfu – who has since disappeared…
U.S., in Chip War with China, Extends Some Allowances for Asian Allies
Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech upgrades could prove difficult.
China issues guidelines to promote high-quality development of inclusive finance
BEIJING, Oct. 11 (Xinhua) — China’s State Council has released a guideline document specifying policies and measures to promote the high-quality development of inclusive finance over the next five …
China State Fund Buys Bank Shares, Fueling Market Rescue Hopes
China’s sovereign wealth fund increased its stake in the nation’s biggest banks for the first time since 2015, stoking speculation that authorities will intensify efforts to prop up its sinking stock …
OCBC’s Private Bank To Forge Ahead in China Despite Economic Slowdown
Amid an ongoing economic slowdown in China, Singapore-based private bank OCBC has declared its plans to expand its workforce in the country, a move that stands in stark contrast to the caution …
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