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China Mobile Strives to Sell 70 Million 5G Data Plans by Next Year, VP Says
(Yicai Global) Nov. 15 -- China Mobile is anticipating to sell 70 million fifth-generation wireless network data plans by the end of next year, which would be quite a large jump...
China's Housing Price Hikes Cooled Down in October
(Yicai Global) Nov.15 -- China's property markets, particularly those of large and medium-sized cities, started showing signs of cooling in October. New home prices in China's four largest cities, Shanghai, Beijing, Shenzhen, and...
Chinese Stock Markets Close at Intraday Lows as Traders Lose Risk Appetite
(Yicai  Global) Nov. 15 --  China's major mainland stock indexes showed signs  of bottoming out at the end of the day as investors took a seat on the  sidelines ahead...
Chenzhi's Shares Jump on Hydrogen Filling Stations Deal With US Air Products and Chemicals
(Yicai Global) Nov. 15 --  The share price of Chengzhi rose today after the clean energy platform  of Beijing's Tsinghua University said that it will partner with a  Chinese unit...
China Used 5% More Electricity Last Month, NDRC Says
(Yicai Global) Nov. 15 --  China used an increasing amount of electricity in October while its  service sector has been leading the growth during the past 10 months. China's electricity...
China's Stocks Markets Go Into Lunch Mixed
(Yicai Global) Nov. 15 --  China's major stock markets moved higher from their earlier nadirs in  morning trading but two Shenzhen benchmarks remained still underwater by  noon.  The Shenzhen Component...
China Strives to Keep Natural Gas Prices Reasonable, NDRC Says
(Yicai Global) Nov. 15 --  China will make efforts to keep the prices of natural gas within a  reasonable range, according to a spokesperson of the nation's top  macroeconomic planning...
China's Interbank Rates Move Higher Despite PBOC's Cash Injection
(Yicai  Global) Nov. 15 --  The Shanghai Interbank Offered Rates continued to climb higher today in  spite of the central bank's fresh injection of CNY200 billion (USD28.5  billion) into the...
PBOC Injects USD28.5 Billion Into China's Monetary System via MLF
(Yicai  Global) Nov. 15 -- The People's Bank of China has net injected CNY200  billion (USD28.5 billion) via its medium-term lending facility into  China's financial system today. The liquidity in...
Degree of Tariff Cancelation Should Reflect Importance of China-U.S. "Phase One" Deal: MOC
(Yicai Global) Nov. 15 -- China reiterated Thursday that canceling tariff hikes is an important condition for China and the United States to reach a trade agreement, noting that the...