UBS will become the first foreign bank in China to increase its stake in a local securities joint venture to 51 per cent, in a sign that the country is making good on promises to…
Tagged By china
US, China put brakes on their trade dispute with ceasefire
BUENOS AIRES, Argentina — The United States and China reached a 90-day ceasefire in a trade dispute that has rattled financial markets and threatened world economic growth. The breakthrough came after … ( read original…
U.S., China agree trade war ceasefire after Trump, Xi summit
With the United States and China clashing over commerce, financial markets will take their lead from the results of the talks, widely seen as the most important meeting of U.S. and Chinese leaders in ……
China Trade Hawk Navarro to Attend Trump Dinner Meeting With Xi
(Bloomberg) — President Donald Trump and Chinese President Xi Jinping will be joined at their meeting Saturday by top U.S. trade officials including a White House adviser, Peter Navarro, who’s famed … ( read original…
Beijing on ‘heightened alert’ as US Navy vessels sail Taiwan Strait for the third time this year
Beijing said it is on “heightened alert” after the US Navy sailed two ships through the Taiwan Strait on Wednesday in the third such operation this year. Chinese defence ministry spokesman Ren Guoqian… ( read…
UBS becomes first foreign bank approved for majority stake in China JV
HONG KONG/SINGAPORE (Reuters) – China’s securities regulator on Friday gave approval for UBS Group (UBSG.S) to hold the majority stake in its securities joint venture, making it the first foreign bank … ( read original…
China’s mobile apps collect too much data, says consumer body
A large number of smartphone apps available in China have been found to be collecting an excessive amount of personal data, including user location, contact lists and mobile numbers, according to a ma… ( read…
China adds more than 10 million 4G subscribers in October
China Mobile led net monthly subscriber additions in the Chinese mobile market in September, growing its base by 2.93 million to 919.4 million. China Telecom followed with 2.83 million new customers a… ( read original…
This paradox explains why China has not failed so far
Officials are increasingly encouraged, and in some cases required, to set up public profiles on Weibo, China’s version of Facebook, and WeChat, a mobile chat app. The number of official Weibo accounts … ( read…
China’s ZTE may have cheated on US deal by installing Dell hardware for Venezuela, senators tell White House
Two senior US lawmakers known for their opposition to China’s telecommunications giant ZTE warned … “The Venezuelan government hired ZTE to build a database and develop a mobile payment system for a … ( read…
Fingerprint Cards argues biometric cards are perfect compliment to mobile payments in China
While smartphones are commonly used for payments in China, biometric payment cards can fill a significant and often-forgotten gap in the country’s payment ecosystem, Fingerprint Cards argues in a blog … ( read original story…
Nepal imports 86% mobile sets from China
Kathmandu, Nov 27 (IANS) Nepal imported 86 per cent of the country’s total mobile sets from China as of the first quarter of the current fiscal year 2018-19 that began in mid-July, the Department of…
Adoption of mobile payment shifts consumer spending patterns, habits: study
By studying data from Alipay, China’s most popular mobile payment platform, as well as using a unique data set from one of the largest banks in China, which contained the transaction data from persona… (…
