BEIJING - Apps from Chinese publishers dominate the top rankings of the most used Android apps globally, according to industrial research. Six of the top 10 most-used Android apps in July were from China, according to the latest research by App Annie, a leading mobile app data and insights platform. When it comes to apps on both the iOS and Android platforms, Tencent's WeChat ranked third in the number of active iOS and Android users, and four China-made mobile games made it into the top five most popular games globally. Games, music and audio, photography, video players and editing, and s...
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Chinese internet giant Tencent Holdings Ltd will subscribe for approximately 207.5 million new H shares of China International Capital Corp Ltd, CICC announced on its official website Wednesday.The subscribed shares account for 12.01 percent and 4.95 percent of the total issued H shares and the total issued shares of CICC on a fully diluted basis respectively, CICC said.Besides the subscription agreement, the two companies also signed a strategic cooperation framework agreement on Wednesday, committed to join hands in tilling the financial service sector.In addition, CICC said the two companie...
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With more than 50 brands competing in the Russian market, Chinese brands control over 25 percent of the total smartphone market while share of Russian manufacturers dropped to single digits in Q2, according to a report by consultancy Counterpoint Research.But the overall health of the Russian market isn't so rosy.The country's smartphone shipments fell 12 percent year-on-year in the second quarter of this year while they grew 2 percent sequentially,said the report.Chinese smartphone brand Huawei took the third spot with 8 percent of Russia's smartphone shipments market share in the...
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2017
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BEIJING - The zero-depth earthquake measuring 3.4 on the Richter scale that occurred Saturday in the Democratic People's Republic of Korea (DPRK) is not the result of a nuclear test, the China Earthquake Networks Center (CENC) said.The China Earthquake Administration, of which the CENC is a part, and related departments conducted studies on the infrasonic records of the earthquake and previous quakes including those provoked by nuclear tests on the Korean Peninsula. They concluded that Saturday's quake is a natural one, the seismic service said.The epicenter was at 41.36 degrees north ...
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China's Ministry of Finance on Friday rebutted S&P Global Ratings' decision to downgrade the country's sovereign credit rating, saying it was "a wrong decision" that neglects the nation's economic fundamentals and development potential.Analysts said the agency's methodology in rating China is fundamentally flawed as it neglected the country's strong capability for debt repayment.The Standard & Poor's agency on Thursday cut China's long-term sovereign rating by one notch to A+ from AA-, citing its increasing debt risks. The finance ministry said...
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2017
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