Q uhuo, which provides a gig worker staffing platform for consumer services apps in China, raised $33 million by offering 3.3 million ADSs at $10, within the range of $9 to $11. T … (…
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Beijing tightens drone rules as security takes priority
With Meta-Manus AI deal ‘difficult’ to undo, how will Beijing exert its authority?
Blocking of Meta’s AI startup buy raises risk for cross-border China tech deals
China Says Hostile Foreign Forces Are Driving Its Youth to Slack Off
China orders maritime security research as Strait of Hormuz crisis exposes trade risks
Chinese hacker who allegedly stole COVID-19 research from universities, extradited to US
Stories of High-Quality Development|Riding the waves: Foreign trade logistics reach all corners of the world
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Chinese gig worker platform Quhuo prices upsized $33 million US IPO at $10 midpoint
China Rapid Finance changes its NYSE ticker symbol to “SOS”
China Rapid Finance Limited (NYSE:XRF) will start trading under its new NYSE ticker ‘SOS’ on July 20, 2020, highlighting emergency rescue services business The company’s also intends to change its … ( read original story…
The Cost of China’s Intellectual-Property Theft
Imagine if pirates were sailing up and down America’s coasts, plundering treasure worth between 0.9 percent and 2.6 percent of U.S. GDP every year. ( read original story …)
Coronavirus: Beijing’s economic recovery from June outbreak offers hope ahead of China GDP release
The sight of more than a dozen patrons sitting on stools outside a popular barbecue restaurant on Beijing’s famous Gui Jie food street waiting to be seated is not only good for China’s services ……
China Credit Growth Accelerates in June as Economy Recovers
China’s credit growth picked up in June amid strong demand for loans via banks and informal channels, signaling that the economic recovery is continuing into the third quarter.Aggregate financing was … ( read original story…
ECOCHAIN: The Next Generation of Blockchain Technology
BANGKOK, THAILAND / ACCESSWIRE / July 10, 2020 / The ECOC Oracle System Creates and Promises One of the Best High-performance and Decentralized Platform of the Blockchain Network. Due to the … ( read original…
China Auto Sales Bounce Back From Worst-Ever Quarter
Auto sales in China increased 10.4% in the second quarter year over year, as dealers and auto makers began to repair the damage from a first quarter wrecked by the coronavirus. ( read original story…
Fosun’s Jewelry Unit Yuyuan Scores Damiani Group China License
Yuyuan’s China JV with the Italian jeweler aims to open over 10 Damiani flagship and around 100 Salvini stores in the next 5 years. ( read original story …)
WHO advance team on way to China to set up probe into virus origin
An advance team from the World Health Organization (WHO) has left for China to organise an investigation into the origins of the novel coronavirus which sparked the pandemic, a spokeswoman said on … ( read…
Tech giant Tencent makes peace with China’s ‘old godmother’
Chinese tech giant Tencent said it has made peace with the country’s best-known chilli oil maker Lao Gan Ma, after an advertising scam that bewildered many and generated a public relations nightmare. ( read original…
China Starts Taxing Its Citizens for Global Income
China has started tracking down some of its citizens living abroad to collect taxes, surprising expatriates who never had to pay levies back home on overseas income, according to people familiar with … ( read…
China bank lending hits record $1.72 trillion in first half after solid June
New bank lending in China rose 22.3% in June as authorities continued to boost credit and ease policy to get the world’s second-largest economy humming again after a sharp coronavirus-induced … ( read original story…
China June new bank loans rise to 1.81 trillion yuan, beat forecast
Chinese banks extended 1.81 trillion yuan (£205.11 billion) in new yuan loans in June, up 22% from May and slightly exceeding analysts’ expectations. ( read original story …)