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Tag: china
ZTE H1 growth led by China, network equipment
2015-08-26 14:13:00| Telecompaper Headlines
(Telecompaper) ZTE reported first-half results largely in line with its preliminary report. Revenues rose 21.8 percent to CNY 45.9 billion, and net profit was up 43.2 percent to CNY 1.62 billion. Revenues in its home market China rose 26.5 percent to CNY 24.36 billion, and international revenues were up 16.8 percent to CNY 21.54 billion. Africa showed the strongest growth, with revenues up 54.2 percent to CNY 3.21 billion, and sales to the rest of Asia outside China rose 27.7 percent to CNY 7.20 billion. The final interim report shows that its network equipment business was largely responsible for the growth, with revenues up 30.6 percent year-on-year to CNY 28.51 billion. ZTE said it profited from the issue of FDD LTE licences in China and the government's new programme to expand broadband access in China. Revenues from mobile phones and other end-user devices were down 4.3 percent to CNY 9.96 billion amid a fall in prices in China. ZTE said it focused on the CHina and US markets and expanding its brand awareness and marketing.
Tags: china
network
equipment
led
Tianjin explosion "minimal" impact on China garment exports
2015-08-26 13:35:00| Daily apparel & textile news and comment - from just-style.com
The Chinese clothing export sector would have suffered more if the powerful explosions that ripped through a storage facility at Tianjin Port earlier this month had occurred in more southerly ports in the country, according to a specialist in China's garment industry.
Tags: china
impact
minimal
explosion
BEIJING: Major apparel brands bank on China for success
2015-08-26 10:34:04| Apparel - Topix.net
A GAP store in Shanghai. Although quickly growing, the Chinese market is still at an early stage of expansion offering attractive opportunities for foreign apparel brands.
Tags: china
major
bank
success
Minerals Technologies Begins Operation Of NewYield Integrated Process Technology Facility For Sun Paper Group in China
2015-08-26 04:08:15| pulpandpaperonline Home Page
Minerals Technologies has successfully begun operation of a new satellite plant to produce the breakthrough NewYield Integrated Process Technology for the Sun Paper Group's pulp and paper operations in Shandong Province, China
Tags: group
technology
process
china
US stocks surge after China takes steps to boost economy; a Maybe ita s time to get back ina
2015-08-25 21:00:24| Energy - Topix.net
Stocks surged Tuesday afternoon on Wall Street, erasing some of the heavy losses of a day earlier, after China cut interest rates to try to boost the world's second-largest economy. Traders around the world welcomed the move, which came after a dayslong global sell-off triggered by fears of a slowdown in China.
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