China is concentrated on “new infrastructure,” such as artificial intelligence, cloud computing, smart cities, and 5G technology from telecom firms such as Huawei. Despite U.S. warnings against using …
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‘Crazy’ US sanctions against China, Russia ‘weaponise’ financial markets, threaten to undermine dollar, says former HKMA chief Joseph Yam
The order listed 35 stocks, including China Mobile, China Unicom and China National Offshore Oil Corporation (CNOOC). Biden’s administration expanded Trump’s list last August, adding 24 more companies …
China secured $120 million in contracts with US universities in 2021, records show
Other universities reported contracts directly with China’s government. The University of Illinois at Urbana Champaign shows five contracts totaling $26.5 million with the Chinese government.
China’s Sichuan Province to launch NFT marketplace
Despite the lack of clarity from the Chinese government regarding digital collectibles, the Sichuan province of Southwest China is working on an NFT trading platform. The move is a strategy by the …
China Tech Stocks Slide as Risks Outweigh Game Approval Uplift
Chinese tech stocks erased earlier gains on Tuesday as worries over rising interest rates and Covid-19 lockdowns outweighed optimism from Beijing’s approval of new video game licenses.Most Read from …
China Tech Stocks Advance as New Game Licenses Stir Optimism
Chinese technology stocks rose on Tuesday as Beijing’s approval of new video game licenses fueled bets that the country’s crackdown on the sector may have peaked. Companies that obtained new licenses …
Tencent soars after China ends 8-month gaming freeze
Tencent Holdings surged more than 5 per cent, joining the rest of China’s gaming industry in a rally after regulators approved the country’s first batch of new titles in more than eight months. . Read…
Revenue of China’s software industry posts double-digit growth
China’s software industry reported robust growth in the first two months of the year, with its revenue posting double-digit growth, data from the Ministry of …
China’s military is watching closely to see how US-made ‘tank-killer’ drones perform in Ukraine
China has several drones comparable to the Switchblade 600 drones that the US is reportedly providing to Ukrainian forces.
China Mobile orders 68,400 units of Vivo X Fold and Vivo X Note smartphones
Vivo is all set to launch its highly anticipated Vivo X Fold and Vivo X Note smartphones in a couple of hours in its home market China. Ahead of the official launch, China Mobile has…
Chinese telecom industry logs a 9% jump in Jan-Feb
The combined industrial revenue of China’s telecommunications sector rose 9% year-on-year to 258.6 billion yuan ($40.72 billion), a pace 3.2 percentage points faster than the same period last year, …
H.K. Billionaire Rebounds From Blunders With Win From Goto IPO
In 2005, he sold 20% of it to a state-owned firm now part of the China Unicom Group to cut down on debt after borrowing $12 billion to fund PCCW’s purchase of Hong Kong’s then…
Satellite Images Show China Readying Hundreds of Nuclear Missile Launch Sites; US Warned Over Taiwan
Beijing accelerated the work on nuclear missile launch facilities at a site in Gansu province; the Communist regime has been expanding its nuclear weaponry for months.