A partnership that had been worth about $750 million in annual revenue, according to company filings and the video game research firm Niko Partners, had become another case study in the increasing …
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China asks German businesses to help it get in good with the European Union
German investors and business owners with a stake in China have grown increasingly concerned amid diplomatic strife and zero-Covid disruptions China’s foreign ministry similarly asked American …
Alibaba’s breakup lifts hopes China’s regulatory winter is thawing
as well as its data security practices in its cloud business and labour practices for its delivery units. In what many observers viewed as symbolic of the regulatory chill, Ma, its founder, left China …
China kicks off Boao Forum for Asia, seeking to reconnect with business world that is looking elsewhere
Billed as China’s answer to the World Economic Forum in Davos, the economic conference in Boao serves as a major platform to reconnect with the business world after three years of isolation under a …
China and ASML exchange views on development in China
During the meeting, Wang emphasized that China will unswervingly promote high-level opening-up and is willing to create a good business environment and provide efficient services for multinational …
German companies sign key cooperation agreements in Shenzhen
Companies and organizations in German and Shenzhen teamed up to pursue future-oriented technologies at the Sino-German Economic Forum on Wednesday in Shenzhen, Guangdong province. The forum promoted …
Alibaba shares surged 16% on hopes that the Chinese tech giant’s restructuring means Beijing’s tech crackdown is finally ending
Even Alibaba co-founder Jack Ma recently returned to mainland China after first disappearing from public just as Beijing started to crack down on the tech sector in late 2020. At the time, Ma had …
China warns of retaliation if Taiwan’s president meets US House speaker during visit
Beijing has urged the US not to allow Tsai Ing-wen to transit through the US, saying it would be a ‘provocation’
Alibaba’s restructuring and Jack Ma’s homecoming are all part of China’s plan
Ma is seen as a symbol of China’s tech industry and a barometer of the Chinese government’s support for private business. His presence is perceived as evidence of a more supportive approach to the private…
Shanghai government may extend Pudong lockdown beyond Friday as Covid-19 infections surge, say sources
The city, with a population of 25 million, had reported less than 300 coronavirus infections since the outbreak began in Wuhan, central China’s Hubei province, in December 2019. “Shanghai authorities …
Hong Kong customs seizes electronic goods worth HK$30 million, bound for mainland China, in city’s largest smuggling case at land border in 5 years
Customs detected haul in truck bound for Shenzhen earlier this week at Man Kam To control point, with 510,000 electronic products and components confiscated Truck’s driver, 61, was arrested in …
China gave huge loans to some countries. Now it’s spending billions to bail them out
China has lent massive sums to governments across Asia, Africa and Europe, growing its global influence through its Belt and Road infrastructure megaproject and becoming one of the world’s biggest creditors.
Xiamen becomes latest tier-2 city in China to introduce measures to revive property market, state media says
Xiamen, the capital of China’s coastal Fujian province, has reportedly loosened property restrictions, joining a growing list of tier-2 cities aiming to spur homebuying demand and inject life into the …