China’s leading social media and online payment platform, WeChat Pay, is set to launch in Kenya, in a move that will free traders from the need to buy dollars to settle transactions directly with …
Monthly Archives For August 2024
China’s Xpeng prices its first budget EV from $16,813
BEIJING (Reuters) -Chinese electric vehicle maker Xpeng priced the first model of its budget sub-brand MONA from $16,813 on Tuesday, wedging into the mainstream but highly competitive segment of the …
China’s Sky-High Ambitions: Boosting the Low-Altitude Economy
China’s burgeoning low-altitude economy, encompassing manned and unmanned aviation services at lower elevations, is drawing investor interest. Plans include small-scale deliveries, air taxis, and transport services,
National security adviser Jake Sullivan in Beijing for talks with top Chinese officials
U.S. national security adviser Jake Sullivan is meeting with top Chinese officials in Beijing Tuesday. After arriving, Sullivan spoke with Chinese foreign minister Wang Yi. It’s the fourth time the two have met since President…
Beijing decries Ottawa’s tariffs on EVs, steel, aluminium
Several Chinese government departments on Tuesday blasted Canada’s announcement of additional tariffs and other restrictive measures against Chinese products, including electric vehicles (EVs), saying Canada’s move is typical protectionism and urged Ottawa …
Nvidia has lots of questions to answer in this week’s earnings call on product delays, competition, and China
As rivals increase their spending on AI computing, Nvidia will likely face questions on Wednesday’s earnings call about its Blackwell-chip rollout.
SEC Charges China-Based QZ Asset Management Ltd. and Its CEO in Pre-IPO Fraud Scheme
Investors can learn more about the risks of investing in pre-IPO offerings in this Investor Alert. The post SEC Charges China-Based QZ Asset Management Ltd. and Its CEO in Pre-IPO Fraud Scheme …
US admiral says American ships could sail into a South China Sea standoff to shield an ally amid tensions with China
A US admiral said that American ships could escort Philippine vessels in the South China Sea. Tensions are high in the area as clashes continue between China and the Philippines. The US is bound by…
Xi Jinping-Biden Meeting ‘Highly Likely,’ Says Expert, As US National Security Adviser Heads To Beijing
In a significant development, Jake Sullivan, the U.S. National Security Adviser, landed in Beijing, sparking speculation of a potential summit between U.S. President Joe Biden and his Chinese counterpart Xi Jinping. This news comes despite…
Beijing E-Town Creates a Hub for Robotics and Intelligent Manufacturing Industries
BEIJING, CHINA – Media OutReach Newswire – 27 August 2024 – On August 21, the highly anticipated World Robot Conference 2024 (WRC 2024) grandly opened at the Beijing Etrong International Exhibition & Convention Center, once…
A popular new video game is at the center of China’s censorship dispute
China has broken new ground with its first true blockbuster video game, “Black Myth: Wukong,” but the project has also found itself at the center of a political controversy involving the country’s longstanding use of…
Temu’s plunge signals economic troubles in China and beyond
one of the most intense periods of COVID-19 lockdowns, according to a survey conducted by the central bank in the second quarter. The Sahm Rule indicator warns of a potential recession in the United …
Manila, Tokyo unleash verbal broadsides at Beijing over recent aggression
In separate briefings Tuesday, the Philippines called China the “biggest disrupter of peace” in the region, while Japan lambasted Beijing as “a threat to our safety.” The comments come in the wake of maritime clashes…
