Sequoia Capital in U.S. and Europe, Peak XY Partners in India and Southeast Asia, and HongShan in China — as the storied venture firm scrambles to assess the increasing complexity of managing a …
BUSINESS
Does Your Business Qualify for China’s Reduced 15% CIT Rate? Defining “Substantial” Operations in Key Development Zones
Companies must prove “substantial operations” in certain areas to qualify for 15% corporate income tax in China. Here’s what that means.
Venture-Capital Firm Sequoia to Separate China Business as Political Tensions Rise
Sequoia told its investors it would split into three independent partnerships that would be distinct firms with separate brands.
Sequoia rebrands China, India and Southeast Asia units
Sequoia is rebranding its international investment arms to better manage the escalating complexities of its decentralized global investment operations, the storied venture firm said Tuesday. Sequoia …
Analysts Say China Has ‘Ability And Resolve’ To Make Its Chips Despite US Curbs
The U.S. government under President Joe Biden has been working to block China’s access to most of the advanced semiconductors and equipment from American suppliers, citing national security risks. The …
Crypto Collaborations Hint at Blockchain as Mainstream Tech in 2023-24
Crypto platforms like Jasmy are setting the stage for 2023-24, putting the spotlight on Blockchain as the preferred technology for brands, …
China undertakes financial reform to achieve sustainable growth
Following these words, the Chinese government has displayed efforts to introduce various financial reforms considered vital in order to achieve sustainable economic growth. But analysts suggest that …
The most powerful man in crypto is facing charges. Who is Binance founder Changpeng Zhao?
Binance founder Changpeng Zhao has been accused of operating a “web of deception”. Who is the ambitious chief executive behind the company which dominates the crypto industry?
These Canadian and Western brands now belong to China
Chinese companies have been buying up Western brands for years, whether grabbing big names going through tough times or investing in foreign technology. As the world battles to bounce back from the …
Biden golfs with brother who profited from family’s shady China business deals
President Biden spent Sunday golfing with his younger brother James as House Republicans ramp up their probe into the Biden family’s business dealings they say implicate the younger Biden.
FDA seeks to ease cancer drug shortage with China-made imports
More than one dozen cancer drugs have been in shortage in recent months, including cisplatin and carboplatin. U.S. eases import restrictions.
To ease cancer drug shortage, FDA will allow imports from China
The agency will allow imports of the chemotherapy drug cisplatin, which is used to treat a wide range of cancers.
Feds sue crypto giant Binance, CEO Changpeng Zhao for ‘operating web of deception’
The SEC’s complaint also alleged that Binance and Zhao secretly control customers’ assets, allowing them to commingle and divert customer funds.