China Oilfield Services Ltd (Cosl), the nation’s dominant offshore drilling services provider and sister firm of oil major CNOOC, aims to shed its image as an equipment-driven business to become more of a “technology-heavy” company,…
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China has matched Anthropic in cybersecurity, resetting AI race
Authorities acknowledge Beijing plane crash; pilot dead, 13 hurt
Light aircraft collides with Beijing’s tallest building, killing pilot, injuring 13
China’s industrial profit gains dip in sign of weakness
A small plane has crashed into a Beijing high-rise, killing the pilot and injuring 13
Rare light aircraft crash in Beijing kills pilot, injures 13 people
Beijing’s tallest skyscraper hit by aircraft, pilot dies amid growing internet speculation
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Chinese oil drilling firm Cosl looks to technology to help transformation drive
China’s Tencent to invest $474 million in Shanda Games
BEIJING/SHANGHAI (Reuters) – China’s Tencent Holdings Ltd will invest 3 billion yuan ($474 million) in smaller peer Shanda Games, the target firm said in a statement to Reuters on Friday, a move that will boost…
Technology-enabled Insurance. What Chinese InsurTech Startup CEOs have shared in the InsurStar event
It was founded in 2014 by entrepreneurs from Europe. It is currently located in Shanghai and provides services for customers in China and soon in Southeast Asia. “How technology has changed insurance?” – Roundtable discussion…
Exclusive: China’s Ant plans equity fundraising at potential $100 billion valuation – sources
HONG KONG (Reuters) – China’s Ant Financial Services Group is planning to … the Indian mobile payment and e-commerce website, and Thai financial technology firm Ascend Money. Last month, however, Ant suffered a setback when…
China says “no” to Bitcoin, “yes” to blockchain technology
China is determined to push out Bitcoin, the price of which has drastically halved since it once topped $20,000 a coin, but the country has always been a staunch supporter of blockchain, the underlying technology…
China drafts technology standards for autonomous vehicles: ministry
China is drafting technology standards for autonomous vehicles and setting up test bases, an official said at the State Council Information Office’s press conference on Feb. 7. “We are working with relevant departments to formulate…
China in world-first deployment of experimental electromagnetic rail ‘supergun’ aboard a warship
The US-BAE rail gun is intended to fire a 10kg projectile at Mach 7 (8500km/h) over 150km. China is believed to have acquired a key technology enabling the development of the electromagnetic weapon after the…
Tencent-backed We Doctor scales up to prepare for planned Hong Kong IPO
Read more: Five most highly-anticipated Chinese tech IPOs for 2018 Founded in 2010 … Online healthcare has become a thing in China, and We Doctor plays a crucial role in the sector. Users get to…
China’s Didi, SoftBank target Japan in taxi-hailing push
SHANGHAI/TOKYO (Reuters) – China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the technology increasingly central to…
China Hamburger Market Research Report 2018
China Hamburger Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography. The report provides information about the…
Aramco’s IPO Listing, going east or west
Saudi Arabia is still in talks with strategic investors such as China, Japan, the US … As time is running out the decision shows that the initial public offering (IPO), which could be the biggest…
Police in China are wearing facial-recognition glasses
Beijing-based LLVision Technology Co. told ABC News it is the developer behind the glasses used by Zhengzhou railway police. In a publicity video the company published in December on China’s popular messaging platform WeChat, Wu…
China Bank nets P7.4B
Sy family-led China Banking Corp. grew its net profit last year by 15 percent to P7.4 billion on the back of sustained growth in core lending and fee-based businesses. This translated to a return on…
