China’s government has asked Alibaba Group Holding Ltd to dispose of its media assets, the Wall Street Journal reported on Monday, citing people familiar with the matter. Discussions over the matter … ( read original…
Monthly Archives For March 2021
China electric cars: Xpeng receives US$77 million investment from Guangdong government to strengthen expansion plan
The funds, which will be given to one of Xpeng’s subsidiaries, reinforces its commitment to building a comprehensive EV infrastructure, founder He Xiaopeng says. ( read original story …)
What China’s five-year plan could mean for venture capital’s tech sectors
China recently unveiled its strategic economic … restricts or bans activity in sensitive sectors such as aerospace and finance. The wish list includes a call to attract foreign capital to … ( read original story…
“The 6th (Daguan·Keweiwei) China Brand Value Top 100 List” and “The First World Brand Value Top 900 List” were successfully released
The Press Conference of “The 6th (Daguan · Keweiwei) China Brand Value Top 100 List” and “The First World Brand Value Top 900 List” was successfully held at Zhong Hua Banquet Hall of The Lake…
China’s New Expo in Hainan Attracts Global Brands
This is China’s first state-level premium consumer goods expo. The total exhibition area spanning 80,000 square meters will include 60,000 square meters dedicated to international brands and two … ( read original story …)
Biggest sandstorm in a decade turns Beijing skies yellow: “Like the end of the world”
Saharan dust cloud covers parts of U.S. Saharan dust cloud covers parts of U.S. 02:04 Beijing was cloaked in thick yellow and orange smog on Monday with pollution levels surging off the charts as the…
In Japan, top Biden administration officials attempt to set the tone on China
President Biden’s secretary of state and defense secretary began a multi-nation tour in Asia with a stop in Japan as they seek to address concerns about China with allies and partners in the region, ……
Billion-dollar crypto lawsuit against Nvidia dismissed over lack of evidence
The suit dates back to 2017, though the amended complaint was filed in 2020. It essentially claimed that throughout 2017 and 2018, 60 to 70 percent … ( read original story …)
Alibaba-backed China AI company Megvii counts losses ahead of IPO
Losses for Chinese artificial intelligence startup Megvii are far outpacing revenues as the company prepares for an initial public offering of nearly $1 billion on Shanghai’s STAR Market while under … ( read original story…
‘It looks like the end of the world’: China’s worst sandstorm in a decade chokes Beijing
This is the most intense sandstorm in China in the past 10 years,” China’s National Meteorological Center said Monday. ( read original story …)
Singapore Property Dynasty’s China Deal Is a Cautionary Tale
When Singapore’s richest property family invested in a Chinese real estate group, the deal was touted as “game-changing” for its expansion in Asia’s largest economy. Almost a year later, it has … ( read original…
Attacks on Chinese-run factories in Myanmar vex Beijing
Attacks on Chinese-run factories in Myanmar’s biggest city drew demands Monday from Beijing for protection for their property and employees, while many in Myanmar expressed outrage over China’s … ( read original story …)
China’s wealthy find identity in growth
UBS also projects the growth of HNW financial wealth in China to consistently outpace household wealth over that period. The former, it reckons, accounted for 30% of the latter in 2019; by 2025, that ……
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