Volvo Cars has taken a strategic pit stop ahead of a mooted initial public offering. On Wednesday the Swedish car marque announced it would buy the 50% of its Chinese joint venture that it doesn’t…
Tagged By blockchain
China Bans Mining? Pfff… Malaysia Crushes the Hardware With a Steamroller!
Cryptocurrencies in China have become non grata entities regardless of their associations. The crackdown on cryptocurrencies is overwhelming much of the media space as market sentiment remains below …
China Unicom, Huawei launch OTN P2MP private line for optical smart buildings
The Guangdong branch of China Unicom (Guangdong Unicom) and Huawei have launched an OTN point-to-multipoint (P2MP) private line in the Shenzhen-Dongguan Metropolitan Region, delivering an all-optical …
Volvo Cars to buy parent Geely Holding’s stake in China JVs
Sweden’s Volvo Car Group said on Wednesday it had struck a deal to buy out parent company Geely Holding from their joint ventures in China, aiming to take full ownership of its factories and sales…
Eyeing IPO, Volvo Cars to take full control of its Chinese business
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…
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, …