China announced plans on Wednesday to release copper, aluminium and zinc from its national reserves to boost market supply and guide commodity prices to a return to normal ranges. [nL2N2NY06O] …
Monthly Archives For June 2021
Growatt consolidates market-leading position as global top 10 brand
Global PV inverter shipments increased by more than 35% in 2020 despite the pandemic according to IHS Markit’s latest PV Inverter Market Tracker, with Growatt consolidating its market-leading position …
Didi IPO runs into flashing regulatory yield sign
Beijing trustbusters are probing the ride-hailing giant as it readies a market debut. Its dominance at home depends less on the anticompetitive tactics used by tech peers. Abrupt crackdowns on Ant and …
Beijing Vaccination Rate Tops 80% as China Nears 1 Billion Shots
Beijing has fully vaccinated more than 80% of its adult residents, as the Chinese capital leads other global hubs in the race for herd immunity against Covid-19.
Hong Kong prosecutors questioned by magistrate after letting reporter from pro-Beijing newspaper walk on same charge pursued against RTHK freelancer
A reporter with a pro-Beijing newspaper in Hong Kong accused of making a false statement when accessing a government car registry has been let off the hook after prosecutors agreed to drop the charge …
China’s 5G mobile phone shipments up 7% in May
China’s domestic shipments of 5G mobile phone witnessed a 7 percent year-on-year increase to 16.74 million units in May this year, The Paper reported on Wednesday. Domestic mobile phone shipments …
ZTE deploys China’s first SPN&PTN project with China Mobile
ZTE Corporation together with China Mobile has deployed China’s first “SPN&PTN Integration” demonstration project in Changde, Hunan province.
Bonjour Hold (00653) to cooperate with China Mobile (00941)
ET Net News Agency, 17 June 2021] Bonjour Holdings Limited (00653) said its subsidiary Bonjour Technology has entered into a development cooperation framework agreement with Chin …
Restrictions are needed but full US-China tech decoupling isn’t wise, US Treasury Secretary Janet Yellen says
If we are too broad in our policies we can lose the benefits that come from having globally integrated technology systems,’ US Treasury secretary tells lawmakers.
Baidu pushes to put driverless taxis on China’s roads, pledging to build 1,000 in 3 years
Baidu has been testing driverless taxis but has now partnered with state-owned automaker BAIC Group to try and commercialize a robotaxi service in China.
China’s property investment up 18.3% in Jan.-May
China’s investment in property development maintained steady expansion in the first five months of this year, data from the National Bureau of Statistics (NBS) showed Wednesday. In Jan.-May period, …
New digital RMB trial launched in Beijing
Beijing has launched a new trial of digital RMB recently, with consumers able to spend the digital currency at multiple merchants in the city. The Bank of Communications unveiled its digital RMB trial …
Xi Jinping Picks Top Lieutenant to Lead China’s Chip Battle Against U.S.
Chinese President Xi Jinping is renewing his years-long push to achieve technology self-sufficiency by tapping a top deputy to shepherd a key initiative aimed at helping domestic chipmakers overcome U …
