The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
Featured Posts Title
Beijing designated as UNESCO-UIA World Capital of Architecture 2029
Under Patel, FBI Forges Unprecedented Law Enforcement Ties With China, Russia
China’s northern power grids hit record loads as heatwave sweeps through
China tightens drone exports, sanctions U.S. firms in latest tech retaliation
China targets US firms and drone exports after FCC, Xinjiang actions
Exclusive: Under Patel, FBI forges unprecedented law enforcement ties with China, Russia
China’s AI blitz puts OpenAI and Anthropic in a ‘death zone’ on price
Recent Posts
ByteDance plans to invest $12bn in AI infrastructure
Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
HSBC unveils HyQ, a 25-storey office tower in Qianhai to drive cross-border collaboration
The building is home to HSBC China’s Shenzhen branch, HSBC Qianhai Securities and HSBC Software Development Guangdong, a fintech centre. The bank said the tower would be a nerve …
China never intervened in Panama Canal affairs, says Beijing amid Trump threats
China Wednesday claimed it has never interfered in the Panama Canal amid threats of overtaking the shipping channel by the newly inaugurated US President Donald Trump, state media reported. Beijing …
Changi Airport traffic at 99.1% of pre-pandemic levels, China largest passenger market of 2024
Changi Airport has almost fully recovered. Changi Airport handled 67.7 million passenger movements in 2024 — a 14.8 per cent increase from the year before.
Siemens Healthineers to set up new R&D, production base in China’s Shenzhen
Siemens Healthineers, a German health technology company, has begun construction on a new manufacturing and research facility in South …
Tech titans top the world’s most valuable brands league in 2025
Tech companies continued to be some of the world’s most valuable brands this year, boosted by ongoing strong brand loyalty, as well as new innovations in artificial intelligence. View on euronews …
Elon Musk and China: 5 things about the ties of Trump’s ‘first buddy’
HONG KONG — U.S. President Donald Trump’s return to the White House has raised questions about how much influence Elon Musk — his largest campaign donor and the world’s richest person — might wield, especially…
China and US partners are moving closer as Trump returns to the White House
China’s relations are starting to improve with Japan, India and other countries that former U.S. President Joe Biden courted, just as Donald Trump brings his more unilateralist approach back to the White House.
Here’s why China’s EV makers have a good reason to delay paying bills
The biggest producer of electric cars last year was a high accounting risk because of the unprecedented scale of financing from its supply chain, analyst Nigel Stevenson wrote …
Trump considers imposing 10% tariffs on China in February, vows to hit the EU
Moreover, in a Washington press conference held on Tuesday, Trump promised to put tariffs on the European Union as well. He said, “China is an abuser, but the …
More pain ahead for China’s luxury market, says Bain
China’s luxury market is undergoing a shift as the post-Covid boost fades, with analysts urging brands to focus on innovation and lower-tier city expansion.
China CATL’s shares dip after it warns of revenue fall, slowing profit growth
Shares in CATL, the world’s largest battery maker, dropped nearly 4% on Wednesday after the Chinese company warned that its annual revenue fell for the first time last year and that profit grew at its…
