Despite recent signs that Beijing is easing its crackdown on domestic tech companies, the government won’t grant approval of hotly anticipated initial public offerings by domestic giants such as Ant …
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Tech war: China’s semiconductor trade group sees ‘hostile’ environment after US Chips Act but no quick remedies found
China’s semiconductor industry trade group held a webinar on Thursday to brainstorm possible responses to the US Chips and Science Act, but no quick remedies were found.
From Education To Electric Vehicle – What’s On The Cards For China Liberal Education’s Like For EV Brand Aiways
China Liberal Education Holdings Ltd (NASDAQ: CLEU) has entered into a non-binding letter of intent (LOI) to acquire all the outstanding equity interest in the new electric vehicle brand Aiways …
ByteDance to buy back $3-billion shares after IPO stalls, says report
ByteDance is offering to buy back as much as $3 billion of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash out after plans for…
The Fifth China International Import Expo prepares to open its door to worldwide participants
Acting as a major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been held for four consecutive …
China’s trade with SCO members up 26% in Jan-Aug
The trade volume jumped 26 percent year on year to 1.73 trillion yuan (about $250 billion) in the January-August period, according to the General Administration of Customs. The growth rate was 15.9 …
Tornado Cash Ban Will Aid China’s AI Goals
The U.S. government forcing blockchains to make transaction data public has dangerous geopolitical implications in the tech race against China.
TikTok-Owner ByteDance Offers to Buy Investors’ Shares After Scrapping IPO Plan
The move by the Beijing-based company will give long-term shareholders the chance to cash in after it ruled out plans for an IPO.
TikTok parent ByteDance said to offer to buy back $3B in its shares as IPO delayed
ByteDance (BDNCE), the parent of the TikTok short video app, is said to be offering to buy back as much as $3 billion of its shares from investors as its plan for an initial …
Possession of Bitcoin still legal in China despite the ban, lawyer says
One of the world’s most hostile countries toward Bitcoin, China has not yet banned the possession of cryptocurrencies.
UK brands China-linked firm’s energy plans in Wiltshire a ‘risk to national security’
The UK government has intervened over a firm linked to China’s state-owned China Hua Neng Group, saying there is a ‘risk to national security’ over the National Grid …
Inside China’s S’Young Group’s first-ever concept store and beauty exhibition
Targeting China’s high end beauty customers, the 3200sqft Shuiyangtang flagship will showcase brands including Pier Augé, EviDenS de Beauté , Jo Loves and Kiko Milano …
Opel stops China expansion amid political tensions
Opel CEO Florian Huettl believes it’s the wrong time for Opel to expand into China amid political tensions with its current lineup.
