Beidou2020
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Patents granted is more important than patents filed.
Any info on patents granted?
Any info on patents granted?
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(Reuters) - Santander (SAN.MC), Spain's largest bank, is to buy HSBC's (HSBA.L) 8 percent stake in Bank of Shanghai, just as many international rivals are beginning to sell out ofChina.
Santander, which already has a consumer finance venture in China as well as a car financing business, said on Tuesday the Bank of Shanghai deal also included a cooperation agreement, taking the value of its investment to 470 million euros ($647.3 million).
Several major U.S. and European banks including Bank of America (BAC.N) and Switzerland's UBS (UBSN.VX) have started shedding their Chinese holdings for a variety of regulatory and business reasons.
(Reuters) - China Telecom (0728.HK) has picked Alcatel-Lucent (ALUA.PA) to supply its next-generation 4G technology for a nationwide trial of high-speed mobile broadband, the French telecom gear maker said on Thursday.
Alcatel will supply 9,892 base stations in 12 Chinese provinces under the deal - similar to the amount needed to provide adequate coverage in a country the size of France. It will also supply "lightRadio" small-cell technology, which are akin to mini-mobile antennas for urban or indoor areas.
The Chinese market is the world's largest in terms of subscribers, mobile data services and smartphones, increasing by more than 50 percent a year, according to Alcatel. China Telecom has more than 181 million mobile customers.
The latest contract, for which no financial details were given, comes around three months after Alcatel won a share of 4G contracts worth around $3.2 billion from China Mobile Ltd (0941.HK), which has more than 750 million subscribers.
China’s trade surplus widened last month to the largest in more than four years as exports exceeded estimates, in a sign global demand is helping sustain a recovery in the world’s second-biggest economy.
The surplus was $33.8 billion as outbound shipments rose 12.7 percent from a year earlier and imports gained 5.3 percent, data from the General Administration of Customs showed yesterday in Beijing. Consumer prices rose a less-than-estimated 3 percent, a statistics-bureau report showed today.
Stronger demand from abroad may give Premier Li Keqiang more room to implement reforms outlined at a Communist Party meeting last month to increase the role of markets and boost domestic consumption for more sustainable growth in the long term. At the same time, the data triggered speculation among some analysts that capital flows disguised as trade could be boosting the export numbers.
The surplus was $33.8 billion as outbound shipments rose 12.7 percent from a year earlier and imports gained 5.3 percent, data from the General Administration of Customs showed yesterday in Beijing.
THE world's trade structure has changed dramatically over the last decade, with China having replaced the United States last year as the biggest trading nation.
As recently as 2006, the US was the most important trading partner for 127 countries, compared with 70 for China. But by 2011, the two had changed places, with China being the most important trading partner for 124 countries, compared with 76 for America.
This means that countries that used to look to the US for their economic welfare and security now look to China for their growth.
This means that countries that used to look to the US for their economic welfare and security now look to China for their growth
Well, bubble has not popped yet as expected???