Nvidia Corporation (NASDAQ: NVDA) may have found a workaround for the China export ban announced by the U.S. government in late August. What Happened: Nvidia is offering a new chip, dubbed A800 …
Monthly Archives For November 2022
China To Support Proposed Debt Treatment Process Of Sri Lanka
China has assured support to the proposed debt treatment process of Sri Lanka. The assurance was given during a meet …
iPhone factory workers in China offered bonuses to return to work
The Taiwanese company, which has been racing to control a Covid outbreak at its vast campus in the Chinese city of Zhengzhou, has started recruiting for the facility once again and is offering bonuses …
China’s security increasingly unstable, uncertain – China’s Xi
China will comprehensively strengthen its military training and preparation for any war, state broadcaster CCTV quoted China’s President Xi Jinping as saying on Tuesday.
Atour reopens China-into-US IPO market
Atour is issuing around 4.75m American depositary shares at between $11 and $13 each, with a 15% greenshoe option of 712,500 ADS. At the top end, the company will raise $61.75m from the base deal.…
One Plus Partnership adds sculptural stage spotlights to Shenzhen cinema
Chinese studio One Plus Partnership used reflective bronze panels and a variety of spotlights to create a light-and-shadow effect at the Wan Fat Jinyi cinema in Shenzhen, China.
China’s Superrich Decimated as Economic Downturn Wipes out Billions
A perfect storm of economic obstacles saw hundreds drop off an annual China rich list in 2022, with an expert saying, “China’s stock market has fallen sharply.” …
Chinese Government Takes Stake in Kuaishou, Short Video Rival to TikTok
The Chinese government is understood to have taken a small but significant equity stake in Kuaishou, China’s second largest short video platform and a direct rival to Douyin, the Chinese half of …
China offers major financial bailout to Pakistan
Describing Pakistan as its all-time friend, China has talked about improving the economic situation in the flood ravaged country …
In a world on the edge of a new cold war, abandoned G2 concept for China-US ties may find its moment in the sun
As Obama became US president in 2009, G2 was held up as a way to redefine US-China ties as a comprehensive partnership to avoid a ‘clash of civilisations’ Amid uncertainty of post-pandemic disorder it …
Chinese consumers flock to foreign brands on Alibaba platforms, providing a bright spot amid bleak Singles’ Day shopping festival
A total of 82 brands, including Nike, P&G and North Face, each reported over US$13.8 million in sales on November 1, according to data provided by Alibaba However, pre-orders on Alibaba’s Tmall for …
Xi shook up the power order in China, but the world should expect little change — because Xi is still the complete puppet master, 2 experts say
With Xi still at the helm, it’s unlikely that any significant changes to the country’s policies can be expected, experts say.
Gap to Sell Greater China Business to Baozun for Up to $50 Million
By Ben Otto U.S. apparel company Gap Inc. will sell its business in China and nearby regions to Chinese e-commerce services provider Baozun Inc. for up …