International investors in China’s most successful unicorns, including TikTok owner ByteDance and fashion giant Shein, are still waiting to cash out A sea change is taking place in China’s venture …
Monthly Archives For July 2024
China’s shipbuilding industry soars in H1, solidifies global leading position
The MIIT’s data also demonstrates China’s dominant position in the global shipbuilding market. In the first half of this year, the country’s shipbuilding completions, new orders, and order book as …
Shenzhen to offer affordable self-driving minibus rides
The commercial application of self-driving technology is gaining momentum in China, with Shenzhen, a metropolis in Guangdong province, preparing to launch a fleet of 20 autonomous minibuses this year …
China’s exports to prevail amid headwinds in 2H
China’s foreign trade will continue its quality upgrade in the second half of the year, bolstered by its industrial chain advantages, robust innovation momentum and strong policy support, exporters and market watchers say.
Expectation Acquisition Files for $60M IPO
Expectation Acquisition Corp. filed for an initial public offering valued at $60 million.
Will Tesla Robotaxis Be Allowed in China? Analyst Says ‘Highly Unlikely,’ Investors Should Consider Unavoidable National Security Risks
New robotaxis could be the future of Tesla Inc (NASDAQ:TSLA) and a multi-billion dollar opportunity. An analyst believes the technology could be great for the U.S. but face pressure of being allowed …
Xi Jinping is trying to love-bomb China’s entrepreneurs
Reviving China’s flagging entrepreneurial spirits has become an urgent priority. As this article was published, the Communist Party’s Central Committee was meeting in Beijing to discuss reviving the …
With its latest moon mission success, China’s space program has the US in its sights
The Moon’s south pole is designated as the location for the future China-led International Lunar Research Station (ILRS). This truly international endeavor has partners including Russia, Venezuela, …
Speculation on Mainland China Reversing Bitcoin Ban Met With Community Skepticism
Recent buzz on social media has reignited discussions about China potentially lifting its longstanding prohibition on Bitcoin. However, the cryptocurrency community remains largely skeptical about such a reversal happening anytime soon.
New fungal infection discovered in China
Scientists uncovered a species of fungi that had never before been seen in humans. They say warmer temperatures could drive its evolution, for the worse.
China’s Zijin Mining to take 9.9% stake in Canada’s Montage Gold
Canadian miner Montage Gold on Tuesday said Chinese mining firm Zijin Mining Group would take a 9.9% strategic stake in the company through its brokered private placement. Zijin Mining will purchase …
UK Weighs Response After EU Imposes Tariffs on China EV Imports
The UK government said it’s “concerned” about the impact of electric vehicle imports and considering potential action, after the European Union moved to impose provisional tariffs on EVs imported from …
China’s 3rd Plenum Planners Have Big Problems Beyond The Property Crisis
For years China’s local governments have spent freely to support growth. The debt loads they have accumulated now threaten the nation’s economic prospects.
