The world’s largest automotive market will end a 28-year-old policy, allowing foreign automakers to have full control of their operations without the need …
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Didi Global reports widening losses as Beijing restrictions bite
Ride-hailing firm’s operating losses hit $6.3bn as Chinese regulators pursue customer-data inquiry …
Roundup: Digital economy to play spearhead role in China-Singapore economic cooperation
China’s application would enormously enhance the global attention towards digital economy and help maintain and strengthen its competitiveness in this field, said Pang Yan, co-director of the Business …
China Sees ‘Unprecedented’ Difficulty in Stabilizing 2022 Trade
Outlook for trade is less certain, as overseas appetite for China goods is set to weaken if global economic recovery loses steam.
China issues 1st white paper on export controls, lambasts US abuses
China issues 1st white paper on export controls, lambasts US abuses. Global Times. Move highlights nation’s stance on global cooperation, against bullying tactics. By GT staff rep …
China’s live-streaming influencers are in the crosshairs of Xi Jinping’s ‘common prosperity’ drive
China’s live-streamers harnessed e-commerce … “From the government perspective, [live-streaming] isn’t a core part of technology. They are just doing online shopping and entertainment, and the …
China’s tech moguls see US$80 billion of wealth evaporate in 2021
China’s 10 richest tech tycoons lost US$80 billion in combined net worth in 2021, according to the Bloomberg Billionaires Index, amid widescale crackdowns by Chinese regulators.
Samsung warns China’s Xi’an lockdown could affect memory chip manufacturing
As the Chinese city of Xian has been put under stringent lockdown due to the surge in COVID-19 cases Samsung Electronics announced that it will temporarily ad …
China mulls four mega data center clusters
China is planning to establish large clusters of data centers outside the main population centers, to provide digital infrastructure without overloading power grids.
Samsung, Micron warn China’s Xi’an lockdown could disrupt memory chip manufacturing
Samsung Electronics and Micron Technology, two of the world’s largest memory chip makers, warned that strict Covid-19 curbs in the Chinese city of Xi’an could disrupt their chip manufacturing bases in …
COVID-19: Micron warns of chip delays due to China’s Xian lockdown
Micron Technology one of the world biggest memory chip suppliers on Wednesday said COVID-19 lockdown in the Chinese city of Xian would lead to delays in the …
Didi’s Revenue Falls After Beijing’s Crackdown Hurts Its China Business
The ride-hailing company’s China mobility business—which includes its core ride-hailing operations—was the main cause for the drop.
China Cuts Crude Oil Import Quota and Favors Mega-Refiners
China’s government cut the amount of crude oil import quota awarded to independent oil refiners and favored large, complex processors as it seeks to reform the sector.
