Chinese graduates find lucrative haven in the artificial intelligence (AI) industry, according to Chinese recruitment platform Liepin.
Monthly Archives For October 2023
China’s Longsys completes US$132 million takeover of Suzhou plant from Powertech
Longsys, one of US chip maker Micron’s largest clients in China, has acquired a 70 per cent equity stake in Powertech Technology (Suzhou), which provides chip packaging, testing and surface-mount …
China has banned brokers from opening overseas trading accounts for local investors
As the economy struggles, Beijing has also launched its first purchasing program targeting shares in top banks.
China: Tesla Increased EV Exports, But Retail Sales Fell In September 2023
It seems that, in September, Tesla boosted its exports to a record level among all final months of a quarter, while the factory in Shanghai was preparing for production of the significantly upgraded …
‘Skiving’ China butler jailed for sleeping in luxury flat of woman tenant 30 times while she was away on business trips
A man employed as a butler in China has been jailed after it emerged that he had slept in an empty luxury flat 30 times to “skive off work” while the tenant was out of…
Fisker’s Expansion Into China Starts In December With First Store
Fisker’s Shanghai Lounge located on Taicang Road in the heart of China’s largest city will open in December 2023-January 2024.
Beijing-backed server chip startup formed by ex-Arm China execs
Almost a quarter of SoftBank-owned chip designer’s total revenue comes via Middle Kingdom, um, arm China could prove problematic for Arm once more, amid claims key staff from its local subsidiary have …
BioNTech Turns to China Again for Cancer Drugs, Paying $70M to Partner on an ADC
BioNTech is flush with Covid-19 vaccine revenue and it’s putting some of that money … The expression of HER3 is associated with the spread and progression of the disease. Suzhou, China-based …
China Forcibly Returns More than 500 to North Korea
Chinese authorities recently forcibly returned more than 500 people who had escaped North Korea. The returnees, mostly women, are at grave risk of being detained in forced labor camps, and face …
US working to stabilise China ties, envoy Nicholas Burns says while questioning Beijing’s peace efforts in conflict hotspots
Nicholas Burns speaks highly of recent high-level engagement and says Washington hopes to continue to stabilise ties with ‘greatest rival’. However he says US is disappointed by China’s response to Israel-Hamas conflict.
China’s RISC-V community shrugs off US lawmaker threats to impose curbs on open-source chip standard
V International have made any comment in response to reports that US lawmakers want a crackdown One expert says US curbs would not have direct impact on mainland RISC-V companies but may have a …
Property crisis pushes China to increase financial risk monitoring, asset disposal for troubled small banks
Commercial banks and rural financial institutions will be helped to dispose of bad assets and loans, while also having their capital replenished through multiple channels Beijing is striving to establish a high-quality inclusive financial system…
US Trade Data Overstates Decoupling From China, Report Says
The US’ reduction in its import dependence on China is less than official figures indicate, according to research looking at under-invoicing and trade rerouting.Most Read from BloombergIsrael Latest: …
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