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Banking Fintech

Huawei Teams up with China Merchants Bank to Launch Database Innovation Lab

Chinese telecommunications giant Huawei and joint-stock lender China Merchants Bank (CMB) have launched a new facility for data innovations.

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Economy Fintech

Huawei Exec Says US Is Scared of Losing Its Tech Hegemony

A leading executive from Chinese telecommunications giant Huawei has lashed out at the US following the introduction of strict new trade restrictions, and accused the Trump administration of fearing the loss of technological dominance.

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Finance Fintech

Huawei Executes Strategic Cooperative Agreement with China UnionPay

Telecommunications giant Huawei has just entered a strategic partnership with leading Chinese payments provider China UnionPay.

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Economy Fintech

Huawei Teams up with Europe’s STMicroelectronics to Procure Silicon Microchips

Chinese telecommunications giant Huawei has teamed up with a European chipmaker to sidestep trade restrictions imposed by the US.

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Fintech

Huawei Teams up with UnionPay to Launch Digital Bank Card

Telecommunications giant Huawei has teamed up with leading payments provider China UnionPay to launch a new digital bank card.

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Economy Finance

Huawei’s Sales Revenues Rise 19.1% YoY in 2019, Expects 2020 to be “Most Challenging” Year

Chinese telecommunications giant posted a modest rise in net profits last year amidst a Sino-US trade stoush that saw a ban placed on its access to the American market.

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Fintech

Huawei Seeks to Apply Blockchain Technology to Sharing of Medical Data During Coronavirus Outbreak

Chinese tech giant Huawei is touting the use of blockchain technology to drive efforts to combat the spread of the novel coronavirus.

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Banking Economy Fintech

15 Companies Reportedly Participating in Development of China’s Central Bank Digital Currency

Speculation is rife as to which companies People’s Bank of China (PBOC) with the development of its central bank digital currency (CBDC).

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Economy Finance

Huawei Tops Latest List of China’s 500 Leading Private Enterprises, JD.com Takes 6th Place

Tech giant Huawei has come in first on the latest list of China’s top 500 private enterprises, while e-commerce platform JD.com has taken sixth place.

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Banking Fintech

Bank of Communications Executes Fintech Cooperative Agreement with Huawei

One of China’s big six state-owned banks is teaming up with a leading tech giant to engage in fintech cooperation.