Haier has launched the technologies at seven smart factories in China and plans to expand the implementation to 20 factories by the end of 2022.
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Moschino to assume management of stores in mainland China
Moschino has stated that it is “close” to directly managing its distribution and stores in mainland China as part of its ongoing repositioning strategy …
Huawei, Haier, China Mobile announce 5G implementation breakthroughs for Smart manufacturing
With support from Huawei and China Mobile, Haier, China’s largest consumer electronics and home appliance producer, successfully applied innovative manufacturing solutions combining 5G and mobile edge …
INSIGHT-In China, global automakers seek clarity from a more ambitious regulator
Though the survey-based report published in September did not cite specific examples, auto industry sources say it highlights bubbling frustration with China’s regulatory process as well as growing …
China’s garment industry maintains expansion in Jan-Sept
China’s garment industry continued its streak of expansion in the first three quarters of the year, reporting growth in production, revenue and profit, official data showed. From January to September, …
Modern models of sci-tech self-improvement in China
If there is a single theme throughout the history of science and technology in China, it is self-improvement. An ancient Chinese saying from “Zhou Yi,” or “The Book of Changes,” written over 2,000 …
Game over for Fortnite in China as developer pulls plug
Epic Games pulled the plug on its Chinese version of Fortnite on Monday, with its three-year effort to penetrate the world’s biggest gaming market derailed by Communist Party crackdowns against online …
Weekly News Wrap: Regulations hamper China’s Singles’ Day sales growth; JD looks to ramp up overseas investment
And Future Retail discloses new documents bolstering its case against the Amazon deal. From Reuters: After more than a decade of explosive growth, China’s Singles’ Day, the world’s biggest online …
The Fourth China International Import Expo (CIIE) Presages Commendable Prospects for 2022
The fourth CIIE attracted more than 1,200 enterprises from 102 countries and the tentative deals hit $70.72 billion.
Tokyo authorities uncover $320m China-based investment scheme in Japanese real estate using cryptocurrencies
Tax authorities in Tokyo uncovered a China-based scheme where 27 billion yen (S$320 million) was invested in Japanese real estate to avoid the watchful eyes of Beijing, China – all using …
Diamante Blockchain Raises $750K and Hits Another Milestone in the Pre-Series A Funding Round
The global fintech firm Diamante Blockchain receives enormous support and raises $750K in a Pre-series A Funding round from the equity crowdfunding platform, Wefunder. The Delaware-based corporation …
Hong Kong Crypto Trader Kidnapped and Tortured for Ransom and Account Keys
A 39-year-old Hong Kong man was kidnapped on Nov 6, 2021, and held for ransom after agreeing to meet a buyer of Tether in Kowloon Bay in Hong Kong. The man was lured into an…
China’s top e-commerce firms saw record Singles’ Day sales
Alibaba and JD closed their 11.11 promos with sales volumes of $85b and $55b, respectively. China’s biggest e-commerce firms—Alibaba and JD.com—saw record-breaking sales during this year’s Singles’ …
