The funding deal for Lu, which has been woven into the banks’ IPO mandate agreement … The sources declined to be named as the information is confidential. Beijing-based Luckin was co-founded by Chie… ( read…
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China to impose no-fly zone over Beijing after light aircraft crashed into city’s tallest tower
China dismisses AI slowdown calls and blasts ‘fearmongering’ from US tech leaders
Beijing launches drone buyback in crackdown after Citic Tower crash
China says AI CEOs’ call for a slowdown is ‘fear mongering’
Beijing hits back at Anthropic CEO’s call to curb China’s AI development
Explainer-How China Is Preparing for the Risk of AI Escaping Human Control
China’s intelligence chief just gave a revealing glimpse into what Beijing fears most about AI
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Exclusive: Luckin Coffee chief taps banks for $200 million loan in exchange for IPO role: sources
China industrial output growth falls to 17-year low, but investment picks up
BEIJING (Reuters) – Growth in China’s industrial output fell to a 17-year low in the first two months of the year, pointing to further weakness in the world’s second-biggest economy. But investment pi… ( read…
China Jan-Feb industrial output up 5.3 percent, a 17-year-low, but investment tops forecasts
BEIJING (Reuters) – China’s industrial output grew 5.3 percent in the first two months of this year, the slowest pace of expansion in 17 years, official data showed on Thursday. But fixed-asset … ( read…
China: Taiwan’s moves like ‘stretching arm to block a car’
In a meeting on national security Monday, Tsai said relations with China must be “viewed in a positive way, but only when the principle of equal dignity is safeguarded,” according to the official Cent… (…
Chinese smartphone sales keep on falling — that’s likely bad news for Apple
Mobile phone shipments in China totaled 14.51 million in February, according to official data, marking a nearly 20 percent year-on-year decline. That’s the worst month in years for mobile phone shipme… ( read original story…
Glavin: Whatever we do about China, it can’t be more of the same
And it’s the constant background hum of lesser indecencies, such as Mercedes-Benz apologizing to China for having posted an advertisement on Instagram that displayed one of its luxury cars … ( read original story …)
Trump says he is in no rush to complete China trade deal
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property … ( read…
China Unicom profit jumps to 10.2b yuan
Chinese telecom operator China Unicom (Hong Kong)’s (0762) reported a five-fold jump in 2018 net profit, beating estimates, which it attributed to a mixed-ownership reform.Net profit for the year jump… ( read original story …)
China yet to explain why it blocked canola imports from Winnipeg company: trade minister
OTTAWA – International Trade Minister Jim Carr says Beijing has yet to provide an explanation for China’s decision to block canola shipments from one of Canada’s largest grain producers. ( read original story …)
China Mobile (CHL) Upgraded to Strong Buy: What Does It Mean for the Stock?
China Mobile (CHL) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings … ( read…
China has the largest number of property billionaires, as decades of economic growth fuelled urbanisation and demand for a roof over every head
China has the world’s largest community of property tycoons, as a generation of developers grew wealthy over three decades of rapid economic growth, which fuelled the aspiration to have a roof over ev… ( read…
China Unicom (Hong Kong) : 2018 Net Profit Surges
HONG KONG–China Unicom (Hong Kong) Ltd. (0762.HK) reported a more than 400% increase in 2018 net profit, thanks to a rise in revenue and drop in finance costs. China’s second-biggest telecom carrier … ( read…
Smartphone shipments to China hit six-year low in February: market data
according to data from the China Academy of Information and Communications Technology, a government-affiliated research institute. That is the lowest since February 2013, when shipments to the … ( read original story …)
