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China devaluation: what's the big deal?

2015-08-20 19:21:00| Daily apparel & textile news and comment - from just-style.com

Why the fuss about China's yuan devaluation earlier this month? While pretty trivial by the standards of the past 50 years, it has managed to raise all sorts of hackles, writes Mike Flanagan.

Tags: big china deal

 

China Mobile H1 revenues up 4.9%, led by 4G expansion

2015-08-20 08:52:00| Telecompaper Headlines

(Telecompaper) China Mobile reported operating revenue for the first half of 2015 of CNY 340.7 billion, up 4.9 percent from a year earlier. Services revenue rose 0.5 percent to CNY 299.5 billion, led by a 24.3 percent increase in data revenue to CNY 151.5 billion, or just over half of service revenue. EBITDA increased 7.3 percent to CNY 126.9 billion, while net profit was down 0.8 percent to CNY 57.3 billion. The mobile operator ended the period with over 810 million customers, up 3.4 percent year-on-year and 10.56 million more than at the end of 2014. Growth was helped by the roll-out of its 4G network, which reached 940,000 base stations and coverage of 1 billion people by the end of June. China Mobile sold over 140 million 4G phones in the first half, helping grow the 4G customer base by 99.6 million in the period to a total 190 million at the end of June. China Mobile said 4G customers were averaging 704 MB of data per month, and total data traffic was up 154 percent year-on-year in the first half. 

Tags: china mobile led expansion

 
 

China Markets Live - Early calls, price forecasts and analyst views

2015-08-20 03:05:38| Logistics - Topix.net

Chinese investors monitor stock prices at a brokerage house in Beijing as stock prices gyrate in Shanghai and Shenzhen. Photo: AP Welcome to the SCMP's live markets blog.

Tags: price live china early

 

Ultra Deep to deliver DSCV to China Merchants Heavy Industry

2015-08-20 01:00:00| Ship Technology

Ultra Deep Group (UDS) has signed a contract with China Merchants Heavy Industry for the construction of an Ultra Deep installer multipurpose diving support construction vessel.

Tags: china industry deep heavy

 

Study: China carbon emission lower than previously thought

2015-08-19 19:40:00| Climate Ark Climate Change & Global Warming Newsfeed

CCTV: According to a study conducted by Nature, China`s emissions in 2013 were as much as 14% lower than previously thought. The study says that China released 10.6 billion tonnes less carbon dioxide (CO2) during 2000 to 2013, equivalent to three years of EU emissions. China still is the highest in terms of carbon emissions but the latest figures prove that they are not as high as previously stated such as according to a report by Harvard`s Kennedy School`s Belfer Center, published in May 2015, in 2012...

Tags: china study lower thought

 

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