China Telecom buys six provincial networks for 5.5 billion dollars

AFP reporting from Hong Kong: China Telecom Corp Ltd., the Chinese mainland’s largest fixed-line telephone operator, has agreed to buy six provincial networks from its parent for 46 billion yuan (5.5 billion US dollars) to boost revenue and expansion, the firm said. China Telecom said in a statement that it will take over networks in […]

Read More

Is China’s Boom In Danger

China’s rapid economic development has raised concerns that the country’s economy might be overheated. Manufacturing, constuction and real estate are all sectors that have attacted huge amounts of investment. If there is a bubble, it will not only affect China’s domestic economy, but also the countries it exports to. Source at businessweek.com

Read More

China’s Net cafes to be consolidated

Nearly all of China’s 110,000 Internet cafes will be consolidated under the management of larger mainly state-owned companies in the next three years. The government is concerned about the sudden popularity of such cafes, which are gathering places for online gamers and those seeking Web information outside of official sources, in a country where many […]

Read More

China Third in R&D Spending: OECD

According to the Organization for Cooperation and Development (OECD), China is now third in the world in research and development investment, behind the US and Japan. This rise is due to higher business development with multinational companies taking advantage of lower costs. Most of the research spending is in applied technologies, such as cell phones […]

Read More

Most Internet Cafes to be chains in 3 years

The majority of local Internet cafes, currently exceeding 110,000 in the country, will be put under the management of large chain store companies within three years, as part of efforts by the Chinese government to rein in the fledgling and troublesome business.   Not all of the Internet cafes will be chains, but the government will […]

Read More

Shanghai Telecom launches Internet cafe chain

This Thursday, Shanghai unveiled 30 newly-built chain Internet cafes run by Shanghai Telecom, the first time that the telecom trade extended their business to this field. Uniform management policies will be applied to the Internet cafes, according to an official from Shanghai Telecom. All the cafes will provide uniformly quality services, use uniform logos and […]

Read More

German/China Co-operation in Software Development

International interest in conducting software development with China is expanding. A joint software institute will be formed between the German Ministry of Education and the Chinese Ministry of Science and Technology. This institute will focus on many topics including operating systems and software for mobile communications. Article from English People Daily

Read More

X3D partners with China Daily

Partnership formed on Chinese culture ( 2003-10-22 09:39) (chinadaily.com.cn) Chinese official English newspaper China Daily has entered into a partnership with X3D Technologies Corp of the United States. According to China Daily’s report

Read More

Chinese Internet Stocks Sag

TheStreet.com just published a article on Chinese Internet stocks. The article Piper Jaffray said the growth of short-message-service mobile technology has temporarily evened off in China. After the note, Sohu.com was down $2.67, or 7.5%, at $32.84, while Sina.com was down $3.68, or 8.9%, at $37.78. Netease.com was down $6.50, or 9.6%, at $61.05.

Read More

Beijing punk comes to San Francisco – Anna-Sophie Loewenberg

From SFGate.com: When Xiao Rong started China’s seminal punk band Brain Failure, he was a teenager. That was years ago, when nobody had ever seen anything like the mohawk and the studded-leather belt Xiao sported around Beijing. Living on American fast food and pirated CDs, Xiao was one of the first Chinese youth to write […]

Read More
Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.