By Yingzhi Yang and Brenda Goh BEIJING (Reuters) – Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major … ( read original story …)
Tagged By blockchain
Chinese leaders target ascent as a ‘technology power’
China’s leaders vowed Thursday to speed up its development as a self-reliant “technology power” as a feud with Washington cuts access to U.S. components and hampers Beijing’s … ( read original story …)
The Biggest IPO in World History Is Stoking an Investor Frenzy
I was lucky.” Ant may not be a household name in most of the world, but the Chinese fintech behemoth controlled by Jack Ma has set off an investor frenzy for the history books. Brokers…
China’s 2060 net-zero goal needs large-scale negative emissions tech
China pledged last month to reach carbon neutrality by 2060, but to do so may require extracting 2.5 gigatonnes of carbon dioxide from the air each year … ( read original story …)
China’s young billionaires are riding the tech boom. Here are the 20 richest
China’s young billionaires amassed a combined fortune of more than $223 billion this year as the country enjoyed its fastest year of wealth accumulation even as the world battles its worst economic … ( read…
China shares end higher as consumer stocks shine on upbeat earnings
China stocks reversed earlier losses to close higher on Thursday, bucking a global selloff, supported by the consumer sector after leading companies posted robust third-quarter earnings. ( read original story …)
Biden’s China plan: Bring allies
Joe Biden is planning to confront China across the globe, embracing some of President Trump’s goals but rejecting his means. The big picture: By starting a trade war with China, Trump has … ( read…
China’s digital yuan aims to halt US ‘dollarisation’, boost retail payments, ex-central bank governor says
China’s sovereign digital currency is designed primarily to grow retail payments at home and prevent the dominance of the US dollar, rather than address threats raised by cryptocurrencies or … ( read original story …)
China smartphone vendors ramp up overseas shipments in 3Q20, says Digitimes Research
The sequential gains come as Chinese brands, with the exception of Huawei, were able to ramp up overseas shipments to meet inventory replenishment demand by channel operators outside China … ( read original story …)
China’s robotaxi services an important first step in building smart transportation, says Chinese ministry
China’s transport ministry backed autonomous driving as an essential part in building a nationwide smart transport system and said it encourages cities and companies to roll out pilot programmes … ( read original story …)
China to Reveal How It Plans to Grow Economy Into the 2030s
The first glimpse into China’s economic plans for the next five and 15 years will be unveiled Thursday when initial details are released on how the country will steer growth and develop industry in ……
Breakingviews – Chinese lender IPO mess holds rules up to ridicule
Recapitalising banks hammered by the pandemic is essential, but IPO mechanisms doom them to sink, as occurred with Postal Savings Bank of China in 2019. That deters private investment. Beijing is … ( read original…
Decoupling From China: Part 1 — Legislation And Funding
Attorneys at WilmerHale consider how federal funding and the Committee on Foreign Investment in the United States’ expanded authority are advancing the national imperative to end U.S. dependence on … ( read original story …)
