ForwardX this week announced an additional $30 million in funding, bringing the Beijing-based firm’s Series C up to $61 million. The funding follows an initial tranche announced way back in December 2021.
Recent Posts
Morning Bid: China to keep rates on hold … for now
The focus in Asia on Thursday turns to the People’s Bank of China (PBOC). After keeping the rate on maturing medium-term policy loans rolled over this week unchanged, all 26 analysts in a Reuters poll…
ASIA China to keep rates on hold … for now
The focus in Asia on Thursday turns to the People’s Bank of China (PBOC). After keeping the rate on maturing medium-term policy loans rolled over this week unchanged, all 26 analysts in a Reuters poll…
Biden cuts off funding to Wuhan Institute of Virology linked to COVID-19 outbreak: Report
The Biden administration has taken steps to permanently block China’s Wuhan Institute of Virology from receiving funding from the U.S. government after a review found the facility non-compliant with …
Washington and Beijing ‘unstick’ climate talks
The history of relatively open U.S.-China dialogue around climate issues, particularly under Democratic administrations, has been lost in the nations’ heightened military and economic competition. Beijing put the brakes on climate talks with Washington in…
China leans on Kissinger goodwill, but influence ‘diluted,’ expert says
Henry Kissinger continued to make regular trips to China after leaving office, and Beijing has tried to seize on the opportunity to try and drum up positive momentum with the U.S.
China’s Washington envoy warns of retaliation against further US tech curbs
China does not want a trade or tech war but will definitely respond if the United States imposes more curbs on its chip sector, China’s ambassador to Washington said on Wednesday. Ambassador Xie Feng …
China Will Retaliate If the US Puts New Limits on Investment, Envoy Says
China’s government will retaliate if the Biden administration imposes new limits on technology and capital that can flow to the nation, Beijing’s envoy in Washington said.
Marketmind: China to keep rates on hold … for now
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China’s central bank is expected to leave key interest rates on hold on Thursday, but the …
Does China determine Hong Kong’s crypto aspirations?
As the crypto whirlwind sweeps across the globe, Hong Kong seems to be caught in its gust. However, this adoption wave isn’t just a local phenomenon; it’s a telltale sign of the undercurrents coursing …
Overcapacity in China’s EV battery industry to reach four times demand by 2025, putting small players at risk
China’s electric vehicle battery industry will face severe overcapacity in the next two years, which could lead to the closure of many small players, analysts say.
Pew: Most Asian Americans have unfavorable views of China, prefer Taiwan
A new poll conducted amid rising tensions between mainland China and Taiwan, as well as with the United States, has found that most Asian Americans view China unfavorably.
Early mammals may have hunted dinosaurs, rare China fossil suggests
A fossil found in China suggests some early mammals may have hunted dinosaurs, according to new research from Canadian and Chinese scientists published Tuesday.
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