20191227 China News

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China News


1

Mastercard is planning to embed AI-driven data analytics in the day-to-day workflow of its retail and banking customers in China, to improve the quality and efficiency of data analytics and boost returns from this technology.


2

Huawei Technologies Co on Thursday denied the Wall Street Journal's report that the Chinese company has accessed $75 billion in special financial assistance from local governments, and said that it reserves the right to take legal action to protect its reputation.

 

3

China is likely to publish the draft of the country's first tariff law for public opinion in the near term, experts close to the Ministry of Finance told China Daily on Wednesday, a further indication that the country is speeding up the tax legislation process.


4

China's wearables market saw 45.2 percent growth in the third quarter from a year earlier, registering 27.15 million shipments, according to the third quarter report on China's wearable device market from the global market research firm International Data Corporation (IDC) on Tuesday.


5

Guangzhou is stepping up efforts to foster a better business environment to attract more investors, vice-mayor Chen Zhiying said on Wednesday. 


6

Retail sales in South Korea grew last month as a year-end shopping festival buoyed both online and offline sales, a government report said on Wednesday. The combined sales of 26 major online and offline retailers increased 7.5 percent in November from a year earlier, according to the Ministry of Trade, Industry and Energy.


7

China unveiled a guideline Thursday to further guide banking and insurance institutions in utilizing financial services to stabilize foreign trade.


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Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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