”China” News

China Mobile sees user revenue, margins under pressure

HONG KONG (Reuters) – China Mobile ( 0941.HK ), the
08 21 2009 4:37PM (...more)

BofA mulls $8 billion CCB stake sale

HONG KONG (Reuters) – Bank of America , which may need to raise an additional $34 billion in capital according to a source familiar with the results of a U.S. government stress test, would gain an extra dividend of $200
05 21 2009 1:25AM (...more)

China sex theme park causing controversy: media

BEIJING (AFP) – A sex theme park in southwest China that exhibits naked human sculptures, giant genitals and boasts a sex technique workshop is stirring up howls of protest, according to state press. "Love Land",
05 20 2009 4:57PM (...more)

Allianz, AmEx sell half of stakes in China's ICBC

SHANGHAI (AFP) – American Express Co. and German insurer Allianz said Tuesday they had offloaded half of their stakes in Industrial and Commercial Bank of China
05 20 2009 7:30AM (...more)

China Telecom Vs. China Mobile Emerging

Will wireless newcomer China Telecom live up to its billing as the nemesis of market leader China Mobile ? Investors and some analysts seem to think so. U.S.-listed shares
03 26 2009 9:20AM (...more)

China Mobile says Q2 profit up

HONG KONG (Reuters) - China Mobile ( 0941.HK ), the world's largest wireless operator, posted a 51 percent rise in quarterly profit on strong subscriber growth, but faces new competition in China 's revamped telecoms sector.
08 28 2008 3:02AM (...more)

Bumpy start for China's homegrown 3G

Despite deployment troubles, China's homegrown 3G standard will likely be given more than a fighting chance to take off there, according to analysts.
08 5 2008 5:06AM (...more)

US groups in China call for freer trade

BEIJING - Three American business groups are appealing to Washington and Beijing to promote freer trade and reject protectionism amid slowing U.S. economic growth and a widening trade gap with China .
04 29 2008 5:46PM (...more)

SIA's bid for China Eastern looks set to fall short: analysts

BEIJING (AFP) - Singapore Airlines ' bid for a stake in China Eastern Airlines is looking doomed ahead of a key shareholder vote next week that could presage a revived counter-bid by Air China , analysts said Thursday.
01 3 2008 7:47PM (...more)

Chinese government agency pumps US$20 billion into Development Bank

BEIJING - China 's sovereign wealth fund has made another large investment at home, injecting US$20 billion into a state agency that is preparing to become a commercial lender, the central bank said Monday.
01 2 2008 8:19PM (...more)