After China imposed a record antitrust fine on Alibaba Group Holding Ltd., the e-commerce giant did an unusual thing: It thanked regulators.“Alibaba would not have achieved our growth without sound …
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China’s Exports, Imports Seen Staying Buoyant in March: Reuters Poll
Improved global demand and a favorable base effect are likely to have kept China’s exports buoyant in March, while higher oil prices will have been boosted its imports, a Reuters poll showed on Monday …
China Is The First Country In The World To Launch Digital Currency And Here’s How It Works
China is the first country in the world to issue blockchain-powered digital currency to its citizens where 750,000 recipients will be getting access via a lottery system. The digital currency is the …
HAAH considers a Korean import solution
LOS ANGELES — California startup HAAH Automotive Holdings has quietly pursued a stake in struggling Korean automaker SsangYong Motor Co. while delaying its previously announced plans to acquire U.S.
Walmart China and Dada Group’s JDDJ Expand Collaboration on Omni-Channel Customer Digitalization
Meanwhile, as China’s largest local on-demand retail platform … 301266425.html SOURCE Dada Group Markets Insider and Business Insider Editorial Teams were not involved in the creation of this …
Alibaba fined $2.75 billion in China for violating anti-monopoly rules
This practice violates China’s antimonopoly law by hindering the free circulation of goods and infringing on the business interests of merchants, the regulator added. Apart from the highest-ever …
Morgan Stanley Sees China’s 1Q GDP Growth At 20% On Year
The David Rubenstein Show: Peer-to-Peer Conversations” explores successful leadership through the personal and professional choices of the most influential people in business.
In a quest to rein in its tech giants, China turns to data protection
China’s Personal Information Protection Law (PIPL) lays down for the first time a comprehensive set of rules around data collection and protection. Along with a new antitrust law, the data protection …
China science, technology news summary — April 12
SCI-TECH INNOVATION IPOs China’s securities regulator has approved the initial public offerings (IPOs) of four companies on the science and technology innovation board. BOZHON Precision Industry …
Solar-Energy Supply Chain Depends on Region Where China Is Accused of Genocide
About half the world’s supply of polysilicon, an essential ingredient in most solar panels, comes from this part of northwestern China, where human-rights groups … weighing legislation that could …
Biden’s ‘Made in America’ electric vehicle push to benefit China
“They control the resources and the technology that U.S. automakers will need to import in abundance to make electric cars a viable alternative” to gas-powered engines. China produced 72% of the world …
When China Rings The Bell In Xinjiang – Retail Crumbles
The hardest blow seems to have landed on Swedish retailer H&M (Hennes & Mauritz AB) with 505 of their stores in China – comprising approximately 5% of their overall business. The Chinese potentially …
India’s EV battery plant is putting China’s monopoly to test
Now, India wants to move from being a producer of raw materials for EV battery to making some of their key parts.
