The Trump administration is set to announce on Monday it will further tighten restrictions on Huawei Technologies Co, aimed at cracking down on its access to commercially available chips, officials … ( read original story…
Tagged By mobile
China Mobile sees growth in H1 2020, as 5G rollout continues
The company deployed 188,000 in the first half of 2020, as its gargantuan 5G rollout continued it earnest. The company said that it was on course to hit its target of 300,000 base stations by…
As U.S. targets China tech, TikTok rival Bigo shifts servers from Hong Kong
BIGO Technology, a smaller rival of embattled Chinese appmaker ByteDance, is shifting servers from Hong Kong to Singapore, out of the reach of a new national security law at a time when it is seeking…
China Traders Ready for Stock Daily Limits to Double Next Week
Stocks on China’s Nasdaq-like ChiNext board will be allowed to rise or fall 20% as of next week when the first batch of listings under revamped rules start trading. ( read original story …)
First Into the Virus Slump, China Is Proving the Fastest Out
China’s economy, the first to succumb to the coronavirus, is proving to be the fastest to recover. An industry-powered rebound is pushing the Asian nation out of the historic first-quarter slump and … ( read…
5G is the first stage of a tech war between the U.S. and China
The U.S. tech war on China continues, banning Chinese equipment from its network, and asking its Five Eyes partners and NATO allies to follow suit. It is a market and a technology denial regime that…
China unveils two-seater design for stealth plane based on J-20 fighter
China is developing a new generation two-seater stealth warplane … The report, which appeared on War Industry Black Technology, a social media platform run by Shenzhen-based Quantum Defence Cloud … ( read original story …)
Stocks Likely to Survive the U.S.-China Decoupling
Investors have largely shrugged off the escalating tensions between the U.S. and China. They shouldn’t. Watch for these risks and opportunities. ( read original story …)
China Market Update: July Industrial Production Reaffirms V-Shaped Recovery, Baidu & IQ Report Q2 Earnings, Week In Review
Tencent Music Entertainment TME (TME US) reported strong results that were above analyst expectations for Q2 on Tuesday. Revenues increased +17.5% to $981mm (RMB 6.93B) versus estimate RMB 6.871B as … ( read original story…
Why China Unicom Stock Soared Today
Shares of China Unicom have soared today, up by 19% as of 12:15 p.m. EDT, after the company reported financial results for the first half of 2020. Its performance w … ( read original story…
China expands digital yuan trials to Beijing and neighboring provinces
China’s Commerce Ministry announced today that it will expand the trials of the nation’s central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces. According to … ( read original…
China to Expand Testing of a Digital Currency
China said it would expand a pilot program for its digital currency to include a number of large cities, advancing a pioneering initiative by a major central bank to launch an electronic payment … (…
Top iPhone Assembler Foxconn Expects To Move Further Away From China
Foxconn Technology Group, Apple’s main iPhone assembler, plans to split its manufacturing capacity between China and other countries. ( read original story …)
