Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has once again stirred controversy with his social media activity, and this time it could have implications for his company’s business in China. What Happened: …
Monthly Archives For July 2024
China Faces Backlash Over Plans to Increase Retirement Age
China plans to raise the retirement age to counter an ageing population and pension crisis, sparking strong citizen backlash. Current urban male retirement age is 60, and females retire at 50 or 55.
China to raise retirement age as population gets older
China will gradually raise its statutory retirement age in the next five years to try to cope with its ageing population and buckling pension system. Life expectancy in the country has now risen above …
China accommodates 3.92M 5G base stations
and China Unicom—as well as China Broadnet. The combined subscriber base of these entities stood at nearly 1.78 billion by the end of June. China’s rapid development and commercialization of its 5G …
China home to 3.92 million 5G base stations
The number of 5G base stations in China had risen to nearly 392 million by the end of June data from the Ministry of Industry and Information Techno …
China’s Chip Sector Poised For ‘Explosive Growth’ In Next 3-5 Years Amid Tech War With US, Says Industry Leader
Chen also pointed out the role of the ongoing U.S.-China tech war in accelerating the growth of China’s domestic semiconductor industry.
50 youth headed to China were stranded by the tech outage. Tacoma came to the rescue
“None of them knew us.” McMurray, who plans to go to Brigham Young University this fall, flew into Seattle on Thursday and planned to travel to China the next morning. Then the global CrowdStrike …
Analysis-Volkswagen is reeling in China. Can EVs help it grow in the US?
By Victoria Waldersee and Joseph White BERLIN (Reuters) -When Volkswagen Group last month invested $5 billion in U.S. electric truck-and-SUV maker Rivian, the startup’s shares soared on the cash …
Midea IPO: China’s market regulator approves top appliance maker’s Hong Kong listing
The Foshan-based company proposes to issue up to 650.8 million ordinary shares on the Hong Kong stock exchange, according to the CSRC.
China Electric Truck Startup Windrose to Raise $200 Million Before US IPO, Source Says
SHANGHAI (Reuters) – Chinese electric truck startup Windrose is aiming to raise $200 million in its final round of funding in equity investments and debt before it seeks an initial public offering in …
Palestinian factions agree to end yearslong division after Beijing talks
A number of Palestinian factions, including rival groups Hamas and Fatah, signed an agreement in Beijing on Tuesday “ending division and strengthening Palestinian unity.”
China brokers ‘Beijing declaration’ for Palestinian unity
China hosted leaders from 14 Palestinian factions in an attempt to bridge divisions, part of Beijing’s effort to portray itself as a global mediator.
China electric truck startup Windrose to raise $200 mln before US IPO, source says
Chinese electric truck startup Windrose is aiming to raise $200 million in its final round of funding in equity investments and debt before it seeks an initial public offering in the United States, a person…
