(Reuters) -Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, valuing the China-based robotaxi company at around $4.55 billion. It sold 20 million American …
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Esports hotels prosper in China by offering fast computers, gaming chairs, multi-bed rooms
It is the ultimate gamer getaway – a room with beds, food, huge monitors and no nagging parents. In China, this is a typical weekend escape.
China’s robotaxi startup Pony AI raises $260 mln in US IPO
China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each.
Hong Kong research using sewage to detect Covid-19 could track other diseases
HKU researchers say sewage surveillance technology first developed with Health Bureau funding now used by about 100 cities in mainland China.
Int’l leaders urge stronger supply chain cooperation at Beijing expo
International political figures and business leaders gathered on Tuesday at the opening of a supply chain expo in Beijing, calling for enhanced cooperation to better face global challenges amid rising …
Volkswagen Says It Is Exiting China’s Xinjiang Region After 12 Years
Nov. 27, 2024, 3:21 a.m. ET Volkswagen said on Wednesday that it was disposing of its stakes in its facilities in northwestern China’s Xinjiang region, exiting an area now known for China’s crackdown on predominantly…
China Is Bombarding Tech Talent With Job Offers. The West Is Freaking Out.
Chinese companies are trying to poach engineers in high-tech Western industries by offering to triple their salaries as Beijing seeks to catch up with Silicon Valley in the battle for tech supremacy.
China’s Steelmakers Narrow Losses But Conditions Still Bleak
Chinese steelmakers narrowed losses in October, after the government’s efforts to stimulate the economy encouraged more production and helped raise prices.
In careful protest, China Evergrande’s investors press for action
SHENZHEN: Hundreds of Chinese investors who lost savings in the collapse of China Evergrande launched a coordinated campaign this month to press authorities for an update on the failed prop …
Trump’s Tariffs Will Likely See These Seven Products Become More Expensive
The president-elect announced on Monday that he intends to impose a 25 percent tariff on goods from Canada and Mexico.
China warns Donald Trump over tariffs threat
There’s a widespread belief that the president-elect’s warnings of new import duties when he takes power again are a shot across the bows but there has been an angry reaction in the nations he is…
China’s cut to coal power share is a rare but key climate win: Maguire
China’s power firms are on track to cut coal’s share of annual electricity generation to below 60% for the first time in 2024, which would mark a major milestone in the country’s efforts to transition…
China could launch military drills near Taiwan over president’s Pacific visit, sources say
China is likely to launch military drills in the coming days near Taiwan, using President Lai Ching-te’s upcoming trip to the Pacific and scheduled U.S. transit as a pretext, according to assessments …
