Beijing trustbusters are probing the ride-hailing giant as it readies a market debut. Its dominance at home depends less on the anticompetitive tactics used by tech peers. Abrupt crackdowns on Ant and …
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China’s 5G mobile phone shipments up 7% in May
China’s domestic shipments of 5G mobile phone witnessed a 7 percent year-on-year increase to 16.74 million units in May this year, The Paper reported on Wednesday. Domestic mobile phone shipments …
ZTE deploys China’s first SPN&PTN project with China Mobile
ZTE Corporation together with China Mobile has deployed China’s first “SPN&PTN Integration” demonstration project in Changde, Hunan province.
Bonjour Hold (00653) to cooperate with China Mobile (00941)
ET Net News Agency, 17 June 2021] Bonjour Holdings Limited (00653) said its subsidiary Bonjour Technology has entered into a development cooperation framework agreement with Chin …
Restrictions are needed but full US-China tech decoupling isn’t wise, US Treasury Secretary Janet Yellen says
If we are too broad in our policies we can lose the benefits that come from having globally integrated technology systems,’ US Treasury secretary tells lawmakers.
European Companies Plan to Invest More in China After the Pandemic
Nearly 60% of European companies plan to expand their China operations in 2021, up from 51% last year, according to an annual survey.
China’s Central Bank Braces for Weaker Yuan as Fed Plans Taper
Having sought to curb the yuan’s recent rapid advances, the People’s Bank of China is now dealing with a currency sliding on the prospect of over higher U.S. rates.
China, E-commerce Bolster Luxury Fur Sales in COVID-19 Year, Report Says
The global retail fur trade is worth $20.1 billion according to a new study commissioned by the International Fur Federation to be released on June 17.
BizBeat Ep.154: Chinese imports substantially helped U.S. farmers
Former U.S. President Donald Trump’s trade tariffs against China have left American farmers dependent on government handouts. But now, rising U.S. exports to China and surging global food prices are …
Pantera CEO: Crypto market ‘panic’ is subsiding, now’s the time to buy
The Pantera boss cited three primary reasons why crypto markets dumped a trillion dollars in market cap. The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff …
China’s ride-hailing giant Didi Chuxing sets the stage for a mega US IPO
China’s largest ride-hailing firm, Didi Chuxing, last week made public the filing for its long-anticipated US stock market listing …
Exclusive: China’s IPO-bound Didi probed for antitrust violations – sources
In its IPO prospectus made public last week … The company now employs about 13 million annual active drivers in China, according to its prospectus. In recent months China has sought to curb the …
China is set to launch 3 taikonauts to its new space station on Wednesday night – the country’s first human spaceflight in 5 years
China launched the first piece of its new space station in April, and it’s already sending astronauts up to live there.
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