China’s stocks rose, with the benchmark index entering a bull market, as the economy showed signs of stabilization and the rollout of property curbs boosted the lure of equities. The Shanghai Composite Index climbed 0.8…
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China to launch yuan direct trading pair with Canadian dollar
Direct trading between the currencies will help cut companies’ foreign exchange costs and spur two-way trade and investment, the China Foreign Exchange Trade System (CFETS) said. (Reporting by Beijing Monitoring Desk; Editing by Clarence Fernandez)…
China slashes its demand for US plastics scrap
Asia: A combination of lower virgin plastics prices, a stronger US dollar and weaker Chinese demand is being blamed for a steep decline in America’s plastics scrap export volumes to China. Latest figures from the…
China Mobile Launched World's First Commercial Wideband Massive MIMO
[Shanghai, China, Nov 8, 2016] On November 4, 2016, China Mobile Shanghai Branch and Huawei jointly deployed the world’s first wideband Massive MIMO site. This is another key milestone delivered after the world’s first Massive…
China Mobile gets cosy with Samsung for 5G prototypes
China Mobile is partnering with Samsung to demonstrate technologies related to a yet-to-be-defined 5G mobile network standard. During an initial 5G test in Beijing, key technologies like spatial modulation and FBMC (Filter Bank Multicarrier) were…
China Mobile, Huawei Claim World's First Live Wideband Massive MIMO Deployment
China Mobile and Huawei announced that they have jointly deployed a wideband Massive MIMO site in Shanghai. Claiming to be world’s first, the achievement is touted as a great leap forward for large-scale commercial Massive…
China Banking Sector: Challenges In The Near Future
Slowing economic growth and shrinking net interest margins are leading to rising bad debt and sluggish profit growth. Most of China’s bad debt is from “old economy” sectors most of which are struggling with overcapacity…
Hong Kong lawmakers barred by Beijing from office
Beijing has made an unprecedented intervention in Hong Kong politics to block two lawmakers from taking office. Pro-independence elected lawmakers Sixtus Leung and Yau Wai-ching have refused to pledge allegiance to Beijing when being sworn…
Rights advocates express alarm after China police official chosen as head of Interpol
BEIJING – A top Chinese police official was elected president of Interpol on Thursday, setting off alarm bells among rights advocates over abuses and lack of transparency within China’s legal system. Vice Public Security Minister…
UK and China seek to bury power plant spat with deeper finance ties
LONDON Britain and China smoothed over a diplomatic spat on Thursday as top finance officials announced closer cooperation between stock exchanges in the two countries and other initiatives in the financial services sector. British finance…
U.K., China Agree ‘Strategic Plan’ for Financial Services
LONDON—The U.K. and China on Thursday agreed to deepen ties between their financial services industries, in part of Britain’s ongoing push to establish London as a global hub for Chinese finance that has gained added…
UK-China 8th Economic and Financial Dialogue: financial services
Plans for London-Shanghai Stock Connect to progress to next stage as part of long-term, strategic plan for financial services cooperation between UK and China. The London-Shanghai Stock Connect – the first of its kind outside…
Hong Kong's economic growth to ease in third-quarter on China slowdown
continuing to take a toll on the Asian financial centre. The once vibrant city is also grappling with a slowdown in China, while its outlook has been hurt by rising tensions with Beijing that could…
