The New Energy Vehicle (NEV) market is expected to see steady and robust growth in China. The sale of the NEVs is projected to grow more than 40 percent every year for the next five…
Monthly Archives For June 2021
Baidu To Build Autonomous Taxis With BAIC Group In China
Baidu has joined forces with Chinese automaker BAIC Group to build 1,000 driverless taxis over the coming three years that will be deployed across the nation’s streets. The vehicles will be operated …
ASRock Claim China Crypto Demand and GPU Prices are Dropping
Some reports are rolling in, with ASRock saying that both cryptocurrency demand and the overall market price of graphics cards are dropping in China. ASRock really raises more questions than it …
Baidu to make thousands of robotaxis for a driverless service in China
Baidu, a Chinese multinational tech firm specializing in Internet-related services and artificial intelligence, wants to put its Apollo robotaxis on the roads in China by 2023. The company also …
RSHP beats big names to win Shenzhen skyscraper job
Rogers Stirk Harbour + Partners and Paris-based AUBE Conception have triumphed over big-name architects to win a design competition for an office skyscraper in Shenzhen, south-east China …
Global trade: A huge backlog at China’s ports like Yantian could spoil your holiday shopping this year
A coronavirus outbreak in southern China has clogged ports critical to global trade, causing a shipping backlog that could take months to clear and lead to shortages during the year-end holiday …
China Bank of Communications signed 4Paradigm to build a bank-level unified AI capability platform
Recently, Bank of Communications, as one of China’s five largest state-owned banks, officially signed a contract with 4Paradigm. In this cooperation, the two parties will build a bank-level end-to-end …
China Huarong set to be removed from MSCI indexes as Hong Kong trading halt persists
Embattled bad-debt manager China Huarong Asset Management will be dropped by global index compiler MSCI from all its gauges next week.
How is China building the digital Silk Road of the 21st century?
This 100-episode podcast explains how China works. Exploring Xi Jinping Thought and how the Chinese president’s approach has shaped the governance of China, the podcast recounts the country’s growth …
Can Biden’s Build Back Better World Partnership Really Challenge China?
The announcement last weekend that the G-7 would throw its weight behind a U.S.-led proposal to create an alternative to China’s eight-year-old Belt and Road Initiative was met with cautious optimism …
Hydro-Rich Chinese City Is Said to Clamp Down on Crypto Mining
A Chinese city with abundant hydropower is said to have begun a sweeping clampdown on crypto mining firms this week, following an earlier ban from the central government on such activities.
Didi may face new antitrust probe ahead of US IPO: Reuters
China’s market regulator is investigating Didi on whether it violated antitrust rules, Reuters said. Didi said that was “unsubstantiated speculation.” …
Will slow approval of BioNTech and other foreign vaccines block China from reopening its borders?
200,000 of 845,000 foreigners living in the mainland have had the jab but many may be holding out for a foreign shot to become available.
