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China’s three major telecoms operators may start 5G network commercial trials on Friday

The first commercial 5G trials may start this week in China. China's three major telecoms operators could start commercial trials on Friday, which is World Telecommunications Day, and they've already offered service upgrades for some  users to get feedback, said an insider."The preliminary phase of the commercial trials will be...

US raised tariffs on $200 billion worth of Chinese goods from 10% to 25%, China vows to retaliate

American president Donald Trump raised tariffs on $200 billion worth of Chinese imports from 10% to 25% on Chinese products, according to China's Ministry of Commerce. Beijing responded just minutes after the tariffs went into effect and China vowed to retaliate."China expresses deep regret over the development and will have...

Chinese markets plunge more than 5% with increasing tensions between China and the United States

Stocks in China plummeted on Monday following a new escalation between China and the United States, when President Trump announced an imminent increase in customs tariffs for $ 200 billion on Chinese goods. Chinese markets fell 5%. Japanese yen strengthened, while the Chinese yuan dropped. The Australian dollar has also...

Belt and Road forum: China showcases ‘project of the century’ to world leaders

The leaders of 37 countries are gathering in Beijing for Saturday's summit on the Belt and Road initiative, the Chinese project of the New Silk Road. The purpose of the New Silk Road is to expand global trade links, through the financing of railway routes, ports, roads.According to many analysts,...

China’s new gaming rules ban blood, gambling and some games based on the Chinese imperial past

Since December 2018 China started approving new licenses (ICP Certificate) for video games. But the government has also released new guidelines on how to obtain these licenses, which are essential for operating on the highly controlled Chinese market.From now on, games must include anti-addiction systems.Three types of video games will...

Amazon is shutting down its marketplace in China

Amazon is shutting down its domestic e-commerce marketplace business in China that allows Chinese consumers to buy from Chinese merchants, after the difficulties encountered in competing with Alibaba and JD.com. “We are notifying sellers we will no longer operate a marketplace on Amazon.cn and we will no longer be providing...

China says it wants to ban cryptocurrencies

The main Chinese economic authority wants to ban the bitcoin mining industry, according to a list of industrial activities that the agency is trying to stop and which shows the strong government pressure to block the sector. The National Development and Reform Commission, NDRC (中华人民共和国 国家 发展 和 改革 委员会)...

President Xi Jinping meets Macron after Italy

France-China relations. Chinese President Xi Jinping began his visit to France on Sunday, where he was received by his French counterpart Emmanuel Macron in Nizza. Macron welcomed the Chinese president with a private dinner.After Italy's surprising adhesion to the Belt and Road Initiative, seen by many analysts as a sort...

China and Italy sign trade agreements and memorandum of understanding on technology, energy, and tourism

After meeting the Italian president Sergio Mattarella yesterday, Xi Jinping will sign today with the president of the council Giuseppe Conte 29 agreements for a value between 5 and 7 billion. Then, Xi Jinping will travel to Sicily for the final part of his visit to Italy.The Memorandum of Understanding...

Full text of Xi Jinping’s signed article on Italian newspaper

A signed article by Chinese President Xi Jinping titled "East Meets West -- A New Chapter of Sino-Italian Friendship" was published Wednesday in Italian newspaper Corriere della Sera ahead of his state visit to Italy. Related: The risks of the New Silk Road , China pledges $124 billion for new...