China Unicom Ltd. (NYSE:CHU) was downgraded by equities researchers at Nomura from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday. A number of other research…
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China Unicom Global Launches "CUniq" MVNO Business in the UK
LONDON, Dec. 2, 2016 /PRNewswire/ — On 2 December 2016, China Unicom Global Limited (“CUG”) launched the “CUniq” overseas mobile virtual network operator (“MVNO”) service in London, the UK and unveiled the first one-card-multiple-number service.…
Bank of China sharply limits forex sales to companies in Shanghai: sources
SHANGHAI Bank of China, one of the country’s “Big Four” state banks, has begun to sharply limit corporate customers’ ability to purchase foreign currency in Shanghai, in what sources said on Friday was a bid…
China and the Church: The 'outlaw' do-it-yourself bishop
Without the Pope’s permission, or Beijing’s, this 58-year-old labourer from a village in northern China calls himself a bishop. China and the Vatican are believed to be close to a historic agreement governing the selection…
China urges U.S. to abide by WTO anti-dumping agreement
BEIJING (Reuters) – China on Friday urged the United States to abandon a surrogate country approach it uses to calculate anti-dumping measures against Chinese exports, as a related clause in China’s World Trade Organization (WTO)…
China's top social messaging app censors users abroad: report
BEIJING (Reuters) – Censorship on China’s top social messaging app WeChat goes beyond the country’s borders, according to a report released on Thursday, with messages containing sensitive terms that are sent from overseas to mainland-linked…
China Technology Transfers: The Relationship and Deal Structure Myths
In my previous post Three Myths of China Technology Transfers, I focused on the misconceptions Western companies so often have regarding China technology transfer deals. In this post, I focus on two commonly held misconceptions…
Fear, Then Skepticism, Over Antibiotic-Resistant Genes in Beijing Smog
BEIJING — Reports that Beijing’s already notorious smog contained bacteria with antibiotic-resistant genes spread through the city last week like pathogens in a pandemic disaster movie. “Drug-resistant bacteria make people very afraid,” The Beijing ……
Beijing to quit coal mining by 2020
BEIJING: Beijing will close its last three coal mines in the next four years and entirely quit coal mining by 2020, ending an 800-year-old practice in a bid to curb alarming air pollution. China is…
China Mobile to Start 5G Tests in 2017
China Mobile has announced its plan of launching the trial run of 5G technology by 2017, rolling out around 10,000 5G base stations by 2020. The world’s largest mobile operator will choose four to five…
China Unicom Seeks New Life With 'BAT' Magic
Unicom is likely to choose all three of China’s Internet giants as equity and strategic partners under Beijing’s pilot program to invigorate big state-run companies. But none of the tie-ups will produce meaningful results. The…
China Takes Key Step Toward Reducing Banking System Risk
Last week, China (NYSEARCA:GXC), through its Banking Regulatory Commission (“CBRC”), has taken aim at reining in the risk in its financial sector through the regulatory targeting of off-balance-sheet activities. Given the organization’s current regulations ……
China banking regulator to tighten rules on lenders' derivative trading
SHANGHAI China’s banking regulator has drafted rules that will require lenders to tighten risk management in derivatives trading, a business the watchdog said has been expanding rapidly in recent years. Lenders must set up sound…
