China is the world’s largest buyer and manufacturer of EVs.Their first premium sedan, the ET7, plans to take on the Tesla Model S. Nio offers a battery swapping service owners can subscribe to.Chinese …
Monthly Archives For August 2021
China regulator says livestreaming sales stars should speak Mandarin, dress well
Hosts in China’s livestreaming industry should speak Mandarin and dress appropriately when they market products online, the country’s commerce ministry said on Wednesday, as it looks to tighten its …
5 things to know for August 18: Afghanistan, coronavirus, tropical storms, wildfires, China
Major retail chains are having trouble finding workers, but not necessarily for jobs in the store — it’s the positions in warehouses that they’re struggling to fill. Here’s what you need to know to …
Apple Sees Delay In Its Shift Away From China Due To COVID-19: Report
Apple Inc (NASDAQ: AAPL) is slowing plans to shift production from China to Vietnam as governments tighten border controls to contain outbreaks of new variants of the coronavirus, Nikkei Asia reported …
Cruising In Crisis: How Carnival Is Riding Out The COVID-19 Storm
COVID-19 has devastated the cruise industry, but one company may emerge stronger: Carnival. A case study by Stuart Gilson reveals how the cruising juggernaut is navigating the pandemic.
Crypto-Linked Firms in Shenzhen Latest Target of Chinese Central Bank
The Chinese central bank strikes again, this time targeting crypto-linked firms in the southeastern city of Shenzhen.
China’s Delta variant outbreak shows signs of slowing as it rages across the world
On July 20, Chinese authorities detected a cluster of Covid-19 cases in the eastern city of Nanjing. The virus soon spread across the country, with dozens of cities reporting infections fueled by the …
As US exits Afghanistan, China’s military conducts assault drills in seas near Taiwan
Chinese fighter jets, anti-submarine aircraft and combat ships conducted assault drills near Taiwan on Tuesday with the People’s Liberation Army saying the exercise was necessary to safeguard China’s …
Rift Forms on Didi’s Board Following Beijing’s Regulatory Assault
A rift has developed among the top executives of three of China’s internet giants, in the wake of Didi Global’s decision to go public in New York.
China targets 43 apps including WeChat for breaking data transfer rules
The move comes as Chinese authorities tighten regulatory oversight on a range of industries, with a particular emphasis on privacy and data.
China’s ‘Delta Stress Test’ Is About To Shake Global Economy
The country’s latest Covid wave is colliding with a financial system awash in preexisting conditions and policymakers intent on sabotaging its top innovators.
Staking will eat blockchain for breakfast — Here’s why
Proof-of-stake offers a far more attractive workaround — eliminating energy consumption dependency altogether.
GalaxyCore IPO Adds New China Tech Billionaire
GalaxyCore’s shares closed at 35.25 yuan, up 145% from their IPO price, leaving Zhao’s 42% stake worth 37 billion yuan, or $5.7 billion. Founded in 2003, GalaxyCore supplies sensors and display driver …