A bipartisan pair of U.S. senators on Thursday introduced legislation that would require Republican President Donald Trump to more systematically punish China for stealing U.S. technology. ( read original story …)
Tagged By blockchain
Quhuo Files Plan For $35 Million U.S. IPO
Quhuo intends to raise $35 million in a U.S. IPO. The firm provides staffing for delivery services to major companies in China. QH has grown quickly and is appr … ( read original story …)
Telecom Stock Roundup: Ericsson Boosts Presence in China, Corning Taps Funds & More
While Ericsson (ERIC) strengthens its presence in China with 5G contracts, Corning (GLW) boosts healthcare segment with funds to increase production capacity. ( read original story …)
IPO Preview: Quhuo Seeks $35 Million U.S. IPO Investment
Quhuo Limited (QH) intends to raise $35 million in an IPO of its ADSs representing underlying Class A shares, according to an F-1 registration statement. The firm operates as a workforce staffing … ( read…
China mobile international partners with Omantel for its third PoP in the Middle East
Muscat: Deepening its collaboration within the Middle East, China Mobile International (CMI) has joined hands with Omantel to establish its third Point of Presence (PoP) in the region in the Sultanate … ( read original…
China builds “world’s highest” cloud campus in Tibet Autonomous Region
A Chinese data center campus in Lhasa, the administrative capital of the Tibet Autonomous Region, has finished its first construction phase. The entire project covers an area of 6 … ( read original story …)
Hong Kong IPOs sizzle despite chaos surrounding the territory’s future
While Hong Kong’s future may be plagued by mainland China’s seemingly increasing disregard for the territory’s independence and the resumption of pro-democracy protests, signs point to it remaining an … ( read original story …)
European companies in China say doing business is more political
The incident is illustrative of a broader problem that foreign companies face when doing business in China: The need to bend to Beijing’s political will in order to retain market access. Other recent … (…
European companies are walking a political tightrope to do business in China
Even small changes in China have global effects. In an increasingly tense geopolitical environment—with a massive economic slowdown tied to the spread of a virus that appears to have originated in … ( read original…
Crypto Exchange Binance to Launch Quarterly Bitcoin Futures
Binance Holdings Ltd., the top spot cryptocurrency exchange by trading volume, is adding to its suite of derivatives products with quarterly Bitcoin futures. ( read original story …)
China auto sales up 14.5% in May, recovering after pandemic
China’s auto sales surged 14.5% in May, a second straight month of growth as the global industry’s biggest market gradually recovers from the coronavirus … ( read original story …)
Chinese Smartphone Brands in India Turn to Expensive Imports as Plants Struggle: Sources
The move is a costly one as the world’s second-largest smartphone market imposes steep tariffs on imports of devices and components – part of Prime Minister Narendra Modi’s push to boost manufacturing … ( read…
China auto sales up for second straight month after almost two-year slump
China’s auto sales in May rose 14.5% from the same month a year earlier, industry data showed on Thursday, the second consecutive month of increase as the world’s biggest vehicle market recovers from … (…
