Volvo Cars has struck a deal to buy out parent company Zhejiang Geely Holding from their joint ventures in China, in a move that could make a potential initial public offering (IPO) for the Swedish…
Tagged By blockchain
Global Shipping Business Network launches blockchain solution in China
Hong Kong-incorporated technology consortium Global Shipping Business Network (GSBN) has rolled out its first blockchain-enabled application, Cargo Release, in China. Cargo Release harnesses …
China buys less Saudi crude as it slams the brakes on oil imports
China imported 1.75 million barrels per day (bpd) of Saudi crude oil, China’s General Administration of Customs said on Tuesday. This volume was higher than the 1.62 million bpd crude oil imports from …
China operators reveal latest 5G figures
Latest data from China’s three major mobile operators shows they added a record 42.6 million 5G package subscribers in June.
China Fines Tencent, Tech Giants Over Child Exploitation
Chinese internet regulators slapped fines on technology firms including Tencent Holdings Ltd. and Alibaba Group Holding Ltd. for spreading sexually suggestive content involving children.Kuaishou …
Floods in central China: Alibaba, Tencent, ByteDance and Meituan rush to donate to relief efforts
China’s biggest tech companies have rushed to announce large donations, up to 100 million yuan in some cases, for flood-relief efforts after 1,000-year hit central China.
Aussie Wine Exports to Hong Kong Soar in Wake of China Tariffs
Australian wine companies may have hit a big roadblock in getting bottles to China because of sky-high tariffs. But the road to Hong Kong appears to be wide open.
Japan’s exports jump on solid U.S., China demand
Japan’s exports jumped in June led by U.S. demand for cars and China-bound shipments of chip-making equipment, supporting hopes for an export-led recovery in the world’s third-largest economy. …
Founder and leader of East Rock receives the Annual Outstanding Entrepreneur title at the 12th annual China-US Business Summit
In July 2021, as a pioneer individual in the modern large-scale pasture construction industry, Hao Su received the Annual Outstanding Entrepreneur title at the 12th annual China-US Business Summit, …
Nokia secures its first 5G radio contract in China, Ericsson’s China market share slumps
Finnish telecommunications giant Nokia has seen a rebound from its dull performance in the rapidly expanding and lucrative Chinese 5G infrastructure supply market last year. A report by China’s …
Japan exports jump on solid U.S., China demand
Japan’s exports jumped in June led by U.S. demand for cars and China-bound shipments of chip-making equipment, supporting hopes for an export-led recovery in the world’s third-largest economy. …
Will China’s cybersecurity review of IPOs close the door on tech firms raising funds in New York?
China’s cybersecurity vetting of foreign IPOs could end the marriage between American capital and Chinese tech because the proven exit path for investments is now uncertain.
Internet and tech SPAC Apollo Acquisition files for a $40 million IPO
Apollo Acquisition, a blank check company targeting the internet and technology sectors, filed on Tuesday with the SEC to raise up to $40 million. The Beijing, China-based company plans to raise $40 …
