Aibee, a Chinese artificial intelligence startup, is planning a funding round to raise about $100 million, according to people familiar with the matter.The Sequoia Capital China-backed firm could seek …
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BRICS to get China digital push
China will work with its partners to push for the implementation of Strategy for BRICS Economic Partnership 2025, known as the BRICS Strategy 2025, to reinforce intra-platform cooperation, and seize …
US origins tracing of COVID-19 by intelligence harmful: commissioner of Chinese foreign ministry
The U.S. attempt to trace the origins of COVID-19 by its intelligence community is malicious and harmful, Liu Xianfa, commissioner of the Ministry of Foreign Affairs of the People’s Republic of China …
Chinese mainland reports 36 imported COVID-19 cases
A medical worker administers a dose of the COVID-19 vaccine to a boy at a vaccination site in Xuhui District of Shanghai, east China, Sept. 3, 2021. (Xinhua/Liu Ying) BEIJING, Sept. 7 (Xinhua) — The…
Beijing 2022 preparations steal show at trade expo
With only five months to go before the Beijing Winter Olympics open on Feb 4, the host’s preparations for the Games have featured prominently at this year’s expo. “What is clear already now is that…
Beijing’s push for closer mainland economic ties with Macau and Hong Kong: why is only one city being asked to extend ‘one country, two systems’?
Beijing’s two new master plans to forge closer mainland Chinese links with Hong Kong and Macau take a very different approach on furthering the “one country, two systems” model of governance, analysts …
NEEQ releases 3 sets of draft rules for Beijing bourse
Photo by Xing Qu/For China Daily] The construction of systemic infrastructure for the highly anticipated Beijing stock exchange, which is planned as the venue to boost innovation among China’s small …
China’s industrial planning evolves, stirring US concerns
Beijing is catching up through technology investments in research with industrial applications, echoing American strategy …
China reports 36 new COVID-19 cases on Sept 6 vs 18 a day earlier
China reported 36 new COVID-19 cases on the mainland for Sept. 6, up from 18 a day earlier, the national health authority said on Tuesday. None of the new infections were locally transmitted, the …
An $11 billion distraction for China’s chip ambitions
China’s lack of self-sufficiency in the equipment … Engineering talent is also in short supply. Turnover at Chinese chip manufacturers is among the highest in the industry, while SMIC pays its staff …
Shenzhen homebuyers look forward to cheaper apartments after city lowers cap on land and home prices
Homebuyers in Shenzhen, China’s technology hub, are looking forward to cheaper prices after the local government cut its asking price for land by 12.7 billion yuan (US$1.9 billion).
Hong Kong’s rich powerbrokers are put in their place by Beijing
The business tycoons and rich families who have traditionally dominated Hong Kong’s politics will see their influence wane under reforms being introduced by its pro-Beijing government.
Kwasi Kwarteng faces challenge from Perpetuus over block on China graphene deal
The directors of a small south Wales graphene company are believed to be about to launch a legal challenge against the government after the business secretary prevented a deal understood to be with …