9F, an online consumer lending platform in China, announced terms for its IPO on Thursday. In its latest filing, the company also added CLSA and China Investment Securities International as joint … ( read original…
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Mobile giant hit by cost and market pressures
Stella Zhai Net profit at China Mobile (0941) for the six months ended June dropped by 14.59 percent from a year ago to 56.06 billion yuan (HK$62.4 billion). The biggest mobile operator in the ……
Smart home tech makes inroads into China’s emerging elderly care market
WEIFANG, China (Reuters) – Charging elderly clients just 1 yuan or about 15 cents a day, little-known Lanchuang Network Technology Corp has embarked on one of the most ambitious undertakings in aged … ( read…
CEO of Wrangler, Lee parent isn’t afraid of a recession or tariffs on China-made goods
Kontoor Brands has its eye on China as a growth opportunity. While it currently sells its Lee-branded denim in China, Wrangler will enter the country in the first quarter of 2020, when it will be…
China bought small volumes of U.S. soy, wheat and pork ahead of latest tariff threats
China bought small amounts of U.S. soybeans, wheat, sorghum and pork last week ahead of the latest escalation of trade tensions with Washington, according to U.S. government data issued on Thursday, … ( read original…
China Mobile seeks new growth drivers alongside 5G rollout
HONG KONG (Nikkei Markets) — China Mobile, the world’s largest mobile services provider, is pursuing new growth drivers to circumvent the pressure on its traditional revenue streams as it gears … ( read original story…
China continued to import Iranian oil in July despite U.S. sanctions: analysts
China imported Iranian crude oil in July for the second month since a U.S. sanctions waiver ended, according to research from three data firms, with one estimate showing some oil entered tanks holding … (…
China posts best export growth in months, but more U.S. tariffs may cut rebound short
An official Chinese think tank attributed the rise in exports partly to Beijing’s Belt and Road initiative, a program that aims to boost business and trade ties with dozens of countries across the … (…
China imports from US fall 19% in July amid trade war
Washington and Beijing are locked in an increasingly costly tariff war over U.S. complaints China steals or pressures companies to hand over technology. The United States and other Chinese trading … ( read original story…
Nestle starts selling Starbucks-branded coffee in China
“Right now the overall soluble coffee in China is growing between 3-5% (a year) and we believe that by bringing this exciting new business opportunity we should be able to grow faster than that ……
China Mobile profit tumbles as data growth stalls
China Mobile, the largest mobile operator in the world, warned of a limited upside for data traffic as the market becomes saturated, and stressed the need find new growth as its reported declines in ……
China Mobile interim profit slumps to 56b yuan, revenue shrinks
China Mobile (0941) reported net profit for the six months ended June dropped by 14.59 percent from a year ago to 56.06 billion yuan (HK$62.4 billion) amid intensifying competition within the telecom … ( read…
China denounces Australian lawmaker’s World War Two Germany remark
he argued the West had wrongly calculated that economic liberalization in China would lead to democratization. In World War Two, France had failed to appreciate the “evolution of mobile warfare … ( read original story…
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