Number of Cooperating Stores Doubles YoY Daily Delivery Order Volumes Increase 144% YoY Shanghai, China – 3, 2020 – Dada Group (NASDAQ:DADA) … ( read original story …)
Monthly Archives For December 2020
Pentagon blacklists China chipmaker SMIC and oil producer CNOOC
China’s largest chipmaker and national offshore oil and gas producer were added Thursday to a blacklist of alleged Chinese military companies, the Pentagon said in an evening statement. The Department … ( read original story…
Completely driverless cars are being tested in China for the first time
Alibaba-backed AutoX said this is the first time a “completely autonomous fleet” without any safety drivers or remote operators is on the streets of China. ( read original story …)
US in talks with Huawei finance chief Meng Wanzhou about resolving criminal charge
The U.S. Justice Department is discussing a deal with Huawei Technologies Co. finance chief Meng Wanzhou that would allow her to return home to China from Canada, in exchange for admitting wrongdoing … ( read…
China’s Budget Store King Takes on Toys ‘R’ Us With New Chain
Miniso Group Holding Ltd., the Chinese budget lifestyle goods retailer, is making its first foray into the $86 billion global toy market as it tries to take on heavyweights like Toys “R” Us Inc. on…
Breakingviews – China’s Xi has precious opportunity to clean up
China is seizing an opportunity to clean house. From property to cars to chips, officials are pushing new rules and regulations to defuse risks and reallocate capital. It echoes the forceful effort to … (…
European Union condemns China over ‘irresponsible’ tweet about Australian military
The European Union has blasted China over an “irresponsible, insensitive” tweet about Australian military personnel as the regional bloc revealed it has raised the issue directly with a Chinese … ( read original story …)
1,000 ‘Beijing agents’ flee America as net closes in
More than 1,000 Chinese spies have fled the United States following an investigation into industrial and technological espionage, US officials have claimed.The Chinese citizens involved had been … ( read original story …)
China to expand weather modification program to cover 5.5 million square kilometers
China this week revealed plans to drastically expand an experimental weather modification program to cover an area of over 5.5 million square kilometers (2.1 million square miles) — more than 1.5 … ( read original…
‘China is a hard rock. It won’t be beaten by virus’
A year on from the beginning of the outbreak the Chinese economy has bounced back. It may be a recovery led by debt and the spending of China’s rich but nonetheless it’s good news for…
China’s financial regulators fret about fintech’s power, and its risks to financial security. Here’s why
China has seized the global lead in tackling Big Tech lending which threatens to destabilise finance in multiple jurisdictions. ( read original story …)
China might know the answer to one of our biggest coronavirus questions
Despite promising research, the world can’t say how long coronavirus immunity lasts after exposure to the virus or vaccination. This is a key detail that will impact future public health and … ( read original…
U.S. in Talks With Huawei Finance Chief Meng Wanzhou About Resolving Criminal Charges
The Justice Department is discussing an arrangement with Meng Wanzhou that would allow her to return home to China from Canada, in exchange for admitting wrongdoing in a criminal case that has … ( read…
