China sales were up 85% from last year, but overall sales in the world’s biggest car market slumped lower amid Covid-linked plant closures and consumer restrictions.
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China Ends Game Freeze by Handing Out First Licenses Since July
China has approved the first batch of new video game licenses since July, people familiar with the matter said, ending a months-long hiatus that put the world’s largest mobile gaming arena on edge.
China is approving games again for the first time since July 2021
For the first time since July 2021, China has re-opened its videogame approval arm. This means that Chinese developers can publish games in the country again. It puts to an end the nine-month freeze …
How chip companies are working to reduce reliance on China
Steve Kovach and Seema Mody join ‘The Exchange’ to discuss iPhone production and the moves some manufacturers are making to cut down their reliance on Chinese factories.
Crypto Shorting Protocol Shorter Lands $4M Raise Led by IDG Capital
HANGZHOU, China, April 11, 2022 /PRNewswire/ — Finance on DeFi keeps getting more refined, with an eye to really taking on the banks. Shorter Protocol, a decentralized shorting infrastructure …
Crypto seen as the ‘future of money’ in inflation-mired countries
Citizens in countries with heavily devalued currencies “need to have crypto.” In the developed world, it’s often just “nice to have.” …
China’s tech layoffs: How many people have been affected?
China’s internet sector entered a period of painful adjustments with massive layoffs and unprofitable units shutoffs.
China slowdown fears, and rising yields weigh on European markets
I t’s been a broadly negative start to the week for markets in Europe although the CAC40 has outperformed after President Emmanuel Macron returned a higher-than-expected percent …
China’s Omicron surge: Manufacturers in NE China’s Changchun start getting back to work
Jilin Province will gradually resume normal work and life routines. The prompt pandemic prevention measures implemented in the cities of Changchun and Jilin (namesake of the province), which were the …
GM develops continuity plan amid China’s COVID-19 outbreak
General Motors Co said on Monday it has developed a global continuity plan with its partners and suppliers to mitigate the uncertainty faced by the auto industry following China’s COVID-19 outbreak.
Tesla China exports only 60 cars in March as Covid hits auto sector
Tesla exported only 60 China-made cars in March, a trade body said Monday, with the domestic market absorbing most of its production while virus curbs in areas like Shanghai and Jilin hurt deliveries …
Oil Slumps On China Covid Lockdown Concern, Crude Reserve Release; US Gas Prices Tumble
China’s ‘zero Covid’ policy is likely to lead to longer lockdowns, and a slump in energy demand, just as the U.S. and allied nations release a record amount of crude into global markets.
Cosmic space:build a new highland of digital economy and build a new future for blockchain development
Digital economy has become a new engine of economic development With the continuous promotion of a new round of scientific and technological revolution …