Tag Archives: China

China to focus on online finance companies to further strengthen regulations over internet firms

China’s central bank plans to include large systemically important internet finance firms in its Macro Prudential Assessment (MPA), the official Xinhua news agency reported on Saturday. Representational image. AP The MPA risk assessment framework already includes checks of loans, bond investments, equity investments, and buy-backs of financial assets sold, and deposits at non-financial institutions. China will explore different methods of covering internet ... Read More »

India ahead of China for a decade: Harvard University

According to the Harvard University’s Centre for International Development (CID) growth projections, “India has made inroads in diversifying its export base to include more complex sectors, such as chemicals, vehicles, and certain electronics.” India ahead of China for a decade China’s economic expansion rate dropped from 6.7 per cent (2016) to 4.4 per cent and will continue for the coming ... Read More »

Tencent’s Honor of Kings to Launch in US, EU Amid Regulatory Chill in China

HIGHLIGHTS Tencent to launch Honor of Kings game in EU and US this year The game has roughly 55 million daily active users It’s already facing a backlash in China over its addictive features Chinese gaming giant Tencent Holdings Ltd will launch its mega-hit smartphone game “Honor of Kings” in the EU and United States this year, a person familiar with the ... Read More »

Moto Z2 Spotted on China Site With July 25 Launch Date, Moto Z2 Force Specifications Leaked

HIGHLIGHTS Moto Z2 launch date was briefly listed on China site The smartphone is tipped to sport a dual camera setup Moto Z2 Force is expected to sport a 6GB of RAM While the Moto Z2 Play has already been made official, the Moto Z2 and Moto 2 Force are yet to be unveiled. Moto has sent out invites for a #HelloMotoWorld event ... Read More »

Inclusive Finance: China Opens Up Credit To More People — But Risks Must Be Controlled

China has been promoting inclusive finance in recent years, striving to reach less affluent individuals and small companies. This is because people in rural areas, smaller and medium sized companies, entrepreneurs, and individuals without a credit history are often unable to obtain financing and are forced to turn to the curb market for often very high interest loans. Last week, ... Read More »

China Mobile Ltd. Wants More Broadband Customers

IMAGE SOURCE: GETTY IMAGES. What happened with China Mobile this quarter? The world’s largest mobile phone network (about triple the size of the two largest American carriers combined) saw profits sliding in the face of higher total sales. The value of U.S. dollars against the Chinese yuan also increased 7% year over year, limiting China Mobile’s dollar-value revenue growth while ... Read More »

Honor V9 to be available outside China as Honor 8 Pro

Huawei announced it will unveil Honor V9 on February 21 – the week before MWC. The device has a ChinaMobile branding on its back, indicating its China-exclusive status. But according to a company insider the device will go global just under a different name. The V9 will be rebranded to Honor 8 Pro and revealed at the Huawei event on ... Read More »

Nokia,6,escapes,China,,going,on,sale,tomorrow,in,the,Philippines

Nokia 6 is the first device to come alive after HMD Global acquired the rights to sell smartphones with the beloved brand. The device is still officially a China-exlusive with the first batch of units selling out in a minute and now 1.4 million people are waiting for another stock in. But looks like another country can also take part ... Read More »

Blue and black Redmi Note 4 color options now available outside China

Late last month, Xiaomi announced two new color options for its Redmi Note 4 smartphone – black and blue. Until now these models were China-exclusive, but that just changed. From what is currently known, the new variants are now available for purchase in Malaysia, where retailer DirectD has them listed on its website. The black model is available in 32GB ... Read More »

How does China respond to US chip threats? With a $30 billion factory

For China, actions speak louder than words, especially in the escalating chip battle with the U.S., which has been hurling out verbal threats in recent months. The Chinese chip infrastructure is getting a serious boost from Tsinghua Unigroup, which is investing US$30 billion in a new foundry to make chips. The state-owned Tsinghua Holdings is a majority shareholder in Tsinghua ... Read More »