Alibaba Group Chairman Joe Tsai said on Tuesday there were clear signs China’s business entrepreneurs were more confident following a tech summit led by President Xi Jinping.
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Alibaba chairman says China business more confident since Xi’s tech summit
China courts American, European multinationals amid growing global trade tensions
China reassured executives from American and European firms, including Apple, Qualcomm, Mastercard, Pfizer and AstraZeneca, that the world’s second-largest economy is open for business amid a looming …
China’s Xiaomi raises $5.5 billion in share sale as EV plans ramped up
China’s Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing plans. The company sold 800 …
China just unveiled a deep-sea tool that can secretly cut the world’s internet cables
Beneath the ocean’s surface, hidden from view, lies a global nervous system. Thousands of miles of armored cables carry internet traffic, financial transactions, and military communications between …
Inaugural Fuhai Cup Basketball Tournament Concludes in Shenzhen with Nitto Precision Team as Champions
On March 23, the basketball gymnasium of the Southern University of Science and Technology Affiliated High School in Fuhai Street, Bao’an District, Shenzhen echoed with cheers and applause, marking …
China’s Xiaomi to raise $5.5 billion in placement for business expansion
China’s Xiaomi Corp said on Tuesday it is looking to raise an aggregate of HK$42.6 billion ($5.48 billion) via a placement in a bid to accelerate business expansion.
FCC on the prowl for Huawei and other blocked Chinese makers in America
Be vewy vewy quiet, I’m hunting rackets The FCC is investigating whether Chinese manufacturers black-listed on its so-called Covered List – including Huawei – are still somehow doing business in …
China is turning up pressure on Walmart. That could mean higher prices for US customers
Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of President Donald Trump’s tariffs. But Walmart got a response it’s not accustomed …
China’s LNG import plunge comes at just the right time for Europe
China’s imports of liquefied natural gas have sputtered this year, freeing up volumes that are helping Europe restock its rapidly dwindling supplies following a harsh winter.
Hong Kong ETF issuer says China is preparing a shift into Bitcoin and crypto
Hong Kong exchange-traded fund (ETF) issuer Hashkey Capital CEO Chao Deng says the Asian country is looking into Web 3 and crypto and might reconsider its stance on digital currencies. Although crypto …
Canada says China and India may seek to meddle in election
China and India are likely to try to interfere in the Canadian general election on April 28, while Russia and Pakistan have the potential to do so, the country’s spy service said on Monday.
China Mobile to add 340,000 new 5G base stations this year
With these new 5G deployments, China Mobile’s total 5G base stations will reach nearly 2.8 million by the end of 2025.
China’s CPIC Rolls Out $100M Tokenized Fund with HashKey as RWA Trend Expands in Asia
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
