Chinese regulators have ordered ride-hailing platforms to correct unfair market tactics amid a crackdown on the internet sector that has spooked investors and shaved billions off the valuations of …
Tagged By blockchain
China Tech Stocks Pare Gains as Ride-Hailing Draws More Fire
China’s technology stocks notched up a fourth day of gains on Thursday in a rally that lost some of its steam after regulators stepped up their criticism of the nation’s ride-hailing giants.Hong …
Explainer: How unions work in China
Chinese tech giants Didi Global Inc and JD.com (9618.HK) have set up unions for their staff in landmark moves in the country’s tech sector where organised labour is rare.
World Business Watch: COVID-19 hits China’s gambling hub, business remains muted in casinos
The global ban and travel ban have dented business in China’s gambling hub Macau which is one of its kind recreational centre in Asia as well.
Tesla’s China output halted for days in August on chip shortage – Bloomberg News
Tesla Inc temporarily halted some operations at its Shanghai factory last month as the global shortage of semiconductors hit the electric car maker, Bloomberg News reported on Thursday, citing people …
Nigeria: Some Nigerian-Based Experts Warn of China’s Growing Influence in African Technology
Chinese telecommunications giant Huawei says it wants to train up to 3 million African youths to work with cutting-edge digital technology such as artificial intelligence. Already, Nigerian students …
Explainer-What is China’s ‘common prosperity’ drive and why does it matter?
President Xi Jinping has called for China to achieve “common prosperity”, seeking to narrow a yawning wealth gap that threatens the country’s economic ascent and the legitimacy of Communist Party rule …
Mainland Chinese traders come to rescue of short video firm Kuaishou, Hong Kong’s worst-performing mega IPO
Kuaishou Technology, Hong Kong’s worst-performing jumbo listing this year, surged to its highest level in almost a month on Thursday after the stock became available for trading by mainland Chinese …
China remains biggest export market, biggest troublemaker
Then, for almost two years thereafter, if China made it — washing machines, steel, aluminum, solar panels — Trump put a tariff on it. The Chinese retaliated by hitting key U.S. ag exports like …
Swiss luxury skincare brand Cellcosmet makes China debut with HTDF
Hainan Tourism Investment Duty Free Co (HTDF) continues to expand its beauty products range in Sanya with the opening of Swiss skincare, beauty and wellness brand Cellcosmet’s first physical store in …
China orders Alipay and WeChat Pay to disclose IPOs and new products
China’s central bank started to implement a new disclosure measure on Wednesday, requiring nonbank payment apps, including Ant Group’s Alipay and Tencent’s WeChat Pay, to disclose major business …
What is Genki Forest? | China Venture Roundup Volume 50
One of the brands leading this trend is Genki Forest. Founded in 2016, the fruit-flavored soda brand has had a meteoric rise and shows no signs of slowing down. Defying the drag caused by the…
9/11, 20 years later: how China used the attacks to its strategic advantage
Beijing saw the opportunity to reset its relationship with Washington, which needed its support and agreed to label ETIM a terrorist group.
