“SenseTime is in no hurry to IPO and it’s quite profitable,” said one investor. An absence of the two AI groups would leave further dent China tech’s IPO calendar. Early last year, bullish bankers ……
Tagged By blockchain
Chinese blockchain entrepreneur aims to sway Buffett on cryptocurrency
A worker checks on Bitcoin mining equipment at a facility in the Garze Tibetan Autonomous Prefecture, Southwest China’s Sichuan Province. File photo: VCG Chinese blockchain entrepreneur Sun Yuchen, … ( read original story …)
China’s home-grown brands benefiting from resurgence as trade war shifts focus closer to home
Trend, known as ‘guochao’ in Chinese, sees storied brands reinventing themselves with crossover and ancillary products to entice a new breed of millennial shoppers Warrior trainers and Shanghai M&G … ( read original story …)
Canada says China plans more meat import inspections, industry fears disaster
a move meat industry executives said could have “a disastrous effect” on their business. China has already blocked imports of Canadian canola seed and temporarily suspended permits from two Canadian … ( read original story…
China effect on cryptocurrency market
Losing control over financial transactions can be a nightmare to more conservative countries such as China. Chinese authorities are planning to ban crypto-mining, including Bitcoin, as an “undesirable … ( read original story …)
Samsung Electronics Says Adjusts Production Volume at China Mobile Phone Plant
SEOUL — Samsung Electronics said on Wednesday it was adjusting the volume of mobile phone production at its plant in the Chinese city of Huizhou due to intensifying competition in the country. Samsung … (…
Samsung Electronics says to cut production volume at China mobile phone plant
SEOUL (Reuters) – Samsung Electronics Co Ltd said on Wednesday it has decided to cut the volume of mobile phone production at its plant in the Chinese city of Huizhou due to the impact of…
Huawei ban: China threatens to ban foreign companies
China’s statement that it intends to publish such a list follows additional measures last week that deepened the bite of US sanctions imposed on Huawei in mid-May. Several leading US-based global … ( read original…
USTR, Treasury defend Trump strategy on trade row with China
That announcement followed a decision by the U.S. Commerce Department to effectively bar U.S. companies from selling or transferring technology to Huawei Technologies, a company based in southern … ( read original story …)
Wake-Up Call: US-China Tech Race Could Only Be The Beginning
China is seeking to grab tech leadership from the United States. China technology benefits from massive government support pushing key technological sectors to be first in the world. Chinese startups … ( read original story…
China Moves to Stop a Crash in Booming Electric-Car Industry
China’s electric-car makers have raised $18 billion since … The Ministry of Industry and Information Technology, in charge of drafting the new rules, said they are still being revised, without … ( read original story…
The Latest: China blasts ‘interference” in own affairs
Geng reiterated Chinese complaints that U.S. is responsible for a stalemate in negotiations over trade and technology issues that resulted in both sides raising tariffs on each other’s products. Geng … ( read original story…
China issues travel alerts, slams US ‘interference’
China’s Ministry of Culture and Tourism also … The two sides have held 11 rounds of talks over trade and technology issues and raised tariffs on hundreds of billions of each other’s goods … (…
