X Financial (NYSE: XYF) (the “Company” or “we”), a leading online personal finance company in China, today announced the results of the …
Monthly Archives For December 2021
China sets new mark against US bullying with 1st white paper on export controls
China on Wednesday set a new mark for anti-US bullying, with its first ever white paper on export controls drawing a clear line between the country’s approach to safeguarding its interests that is …
SW China’s Tongren launches COVID-19 testing
People line up for COVID-19 tests at a COVID-19 testing site in Tongren City, southwest China’s Guizhou Province, Dec. 29, 2021. (Photo by Peng Jun/Xinhua) A medical worker collects a swab sample from …
Micron Warns of DRAM Chip Delays Due to China’s Xian Lockdown
Micron Technology Inc said on Wednesday a COVID-19 lockdown in the Chinese city of Xian would lead to delays in the supply of its DRAM memory chips, which are widely used in data centers. Micron,…
Fact check: Stationary bikes at McDonald’s locations in China are part of green-friendly initiative
Stationary bikes were introduced at two McDonald’s locations in China to let customers charge their cell phones.
Mercedes-Benz latest to spark outrage in China for featuring model with ‘slanted eyes’
Mercedes Benz has become the latest company to face backlash in China for allegedly perpetuating Western stereotypes about Chinese people in a recent advertisement. Driving the news: The critical …
Didi revenue falls as China’s regulatory crackdown hits business
China’s ride-hailing firm Didi Global on Wednesday reported a 1.7per cent decline in third-quarter revenue, as its domestic business took a hit from a regulatory crackdown.Daniel Zhang, the chief …
Is Shenzhen International Holdings (HKG:152) Using Too Much Debt?
We note that Shenzhen International Holdings Limited (HKG:152) does have debt on its balance sheet. But should shareholders be worried about its use of debt? Debt and other liabilities become risky …
China says its space station had to dodge a collision with Elon Musk’s Starlink satellites
China is urging the United States to protect a Chinese space station and its three-member crew after Beijing complained that satellites launched by Elon Musk’s SpaceX nearly struck the station.
China tech crackdown: Yu Minhong, founder of the nation’s largest private education services firm, makes debut as live-streaming host
Michael Yu Minhong, founder of New Oriental Education, made his debut as a live-streaming e-commerce host this week on Chinese short video platform Douyin.
China’s Biggest Tech Players Lost More Than $80 Billion In 2021
U.S. relationship and government crackdowns, the ten richest technology magnates in China lost a lot of money.
Yearender-China Focus: China embarks on realistic path toward decarbonized future
These changes came after China unveiled its ambition to peak its CO2 emissions before 2030 and achieve carbon neutrality before 2060. This carbon pledge, a major strategic decision based on the …
With China, EU tries to balance business and human rights
When Olaf Scholz took over as Chancellor of Germany on December 8, President Xi Jinping made a note in his diary to call him as soon as possible. His reason? Persuade him to be China’s…
