2019-12-07 11:30:00 Sat ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
China turns on its 5G telecom networks in the hot pursuit of global tech supremacy. China Telecom, China Unicom, and China Mobile disclose 5G fees of $18-$20 per month. These state carriers provide 5G network services up to $100 per month for 300 gigabytes of fast data transfer with 3,000 minutes of phone calls. Meanwhile, Chinese telecom carriers expect to start the 5G rollout by mid-2020. Some experts warn of challenges to 5G network proliferation since there are now few 5G-capable mobile devices.
5G commercial network services are now available in 50 major cities in China (e.g. Beijing, Shanghai, Guangzhou, and Shenzhen). By 2025, China is likely to become the biggest 5G market in the world. The country can account for the largest number of 5G connections worldwide. Specifically, China can reach almost 110 million 5G users in 2020. As the British mobile industry body GSMA suggests, this massive scale can dwarf the combination of North American and European 5G markets. 5G is one of the major battlefields where China and the U.S. engage in an active tech race. The recent Sino-American trade conflict resolution can help better align the economic interests of both superpowers in the 5G network domain.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-08-03 07:33:00 Friday ET

President Trump escalates the current Sino-American trade war by imposing 25% tariffs on $200 billion Chinese imports. These tariffs encompass chemical prod
2023-05-27 11:30:00 Saturday ET

Bank failure resolution and financial risk management: Silicon Valley Bank, Signature Bank, and First Republic Bank. What are the main root cau
2018-05-06 07:30:00 Sunday ET

President Trump withdraws America from the Iran nuclear agreement and revives economic sanctions on Iran for better negotiations as western allies Britain,
2019-06-01 10:33:00 Saturday ET

Top tech firms such as Google, Intel, and Qualcomm suspend Android services to HuaWei as the Trump administration blacklists the Chinese company. HuaWei can
2025-03-03 04:11:06 Monday ET

Is higher stock market concentration good or bad for Corporate America? In recent years, S&P 500 stock market returns exhibit spectacular concentrati
2019-06-05 10:34:00 Wednesday ET

Fed Chair Jay Powell suggests that the recent surge in U.S. business debt poses moderate risks to the economy. Many corporate treasuries now carry about 40%