(Reuters) -Shares of Pony AI rose about 15% in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor approach to …
Monthly Archives For November 2024
US brokers release of three Americans it says were wrongly detained in China
A U.S. official said President Joe Biden pressed for the return of the three when he met Chinese President Xi Jinping at a regional summit in Peru.
US secures release of 3 US citizens held in China
Three Americans who had been detained in China for years have been released in a prisoner swap between Washington and Beijing.
US Federal judge shows support for crypto miner in Chinese ownership dispute
Attorneys representing Jones Eagle LLC, the operator of a crypto mining center, filed for a temporary restraining order (TRO) along with a preliminary injunction. US authorities began to listen to the …
Hanshow Recognized in the “2024 Forbes China Top 30 Globalization Brands”
SHANGHAI–Hanshow has been named one of the “2024 Forbes China Top 30 Globalization Brands,” joining leading enterprises like Huawei, Lenovo, and Alibaba Cloud in showcasing excellence in global …
Will Trump’s return signal stormier waters for Beijing in South China Sea?
Efforts on to assure allies ‘the US is still committed to upholding its role in the Indo-Pacific’ as ‘America first’ Trump waits in wings.
Trump’s Mexico, Canada Tariffs Far More Risky Than Those On China
While the announcement is almost certainly bluster to bring attention to illegal immigration and fentanyl smuggling, there are several reasons why it is so risky.
BYD Shows China’s Car Business Isn’t Getting Easier for Anyone, Including Tesla
Chinese electric-vehicle maker BYD recently sent a letter requesting 10% price reductions by its suppliers, according to Bloomberg. BYD didn’t immediately respond to a request f …
BYD Shows China’s Car Business Isn’t Getting Easier for Anyone, Including Tesla
Chinese electric-vehicle maker BYD recently sent a letter requesting 10% price reductions by its suppliers, according to Bloomberg. BYD didn’t immediately respond to a request f …
China’s Xinjiang region has been accused of using forced labor for years. Now VW has sold its plant, citing economic reasons
Volkswagen has sold its plant in Xinjiang — a Chinese region beset by accusations of human rights abuses — citing “economic reasons.” …
Ex-media boss Jimmy Lai says he might have asked US official to impose sanctions on Beijing and Hong Kong
Lai also tries to distance himself from’ Fight for Freedom, Stand with Hong Kong’ lobbying group, but admits he had multiple meetings with key members.
China agrees to release 3 ‘wrongfully detained’ Americans
China is releasing three Americans who were “wrongfully detained,” a National Security Council spokesperson says.
China’s Defense Minister Under Investigation as Corruption Crisis Deepens
Dong is the third Chinese defense chief in less than two years to be snagged in Xi Jinping’s anti-corruption net.
