Hong Kong-listed carriers China Mobile, China Unicom and China Telecom, as well as China Broadcasting Network, were each awarded a licence to run commercial 5G services, according to MIIT. Beijing had … ( read original…
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China Issues 5G Licenses as Race to Build New Networks Heats Up
The operators, China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd., have been testing the technology in several cities including Beijing and Shenzhen. Full deployment of 5G networks … ( read original…
China’s GSX Techedu Raises $208 Million in U.S. IPO
The Beijing-based company sold 19.8 million American depository shares at $10.5 each, the people said, who asked not to be identified because the information wasn’t public. GSX marketed the shares at … ( read original…
China Plans Self-Sufficiency In Milk Formula
China has announced a plan to improve confidence in domestic infant milk formula. The intention of the National Development and Reform Commission (NDRC) is to obtain a higher market share for domestic … ( read…
Despite tariffs, hotel operators double down on China expansion and eye Vietnam
The U.S.-China tensions have emboldened U.S. hotel operators to double down on their expansions across China to ensure they get their brand in front of the important Chinese traveler. Large hotel … ( read original…
China wants domestically made baby formula to supply 60% of market
BEIJING (Reuters) – China aims to increase local production of baby formula … there is more consumer confidence in domestic formula, and Chinese brands are getting more competitive globally. Chinese … ( read original story…
Explainer: U.S.-China trade war – the levers they can pull
Many American brands in China have joint ventures with Chinese partners, and these would also be hurt by government pressure. Both sides have already slowed visa approvals for academics … ( read original story …)
Why China’s rare earths threat is no game changer in the trade war
China has threatened to stop exporting rare earths — minerals found in a wide range of everyday consumer electronics — to the U.S. The U.S. is not a big maker of technology products, so cutting…
Jamieson Wellness Inc. Secures New Product Licences in China
Three additional Jamieson brand products now licensed for sale in the domestic retail and e-commerce markets in China TORONTO — Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company … ( read original story …)
China unlikely to target Apple, says Tim Cook – 9to5Mac
The US trade war with China will provoke Chinese citizens to turn away from Apple and buy domestic mobile brands instead, according to an analyst note […] The analysts predicted that Apple’s … ( read…
Chinese AI start-up Megvii rethinks IPO plan this year
“SenseTime is in no hurry to IPO and it’s quite profitable,” said one investor. An absence of the two AI groups would leave further dent China tech’s IPO calendar. Early last year, bullish bankers ……
Chinese blockchain entrepreneur aims to sway Buffett on cryptocurrency
A worker checks on Bitcoin mining equipment at a facility in the Garze Tibetan Autonomous Prefecture, Southwest China’s Sichuan Province. File photo: VCG Chinese blockchain entrepreneur Sun Yuchen, … ( read original story …)
China’s home-grown brands benefiting from resurgence as trade war shifts focus closer to home
Trend, known as ‘guochao’ in Chinese, sees storied brands reinventing themselves with crossover and ancillary products to entice a new breed of millennial shoppers Warrior trainers and Shanghai M&G … ( read original story …)
