After releasing two budget smartphones dubbed Philips PH1 and Philips PH2 in China, the brand has now launched a new premium pair of truly wireless earphones in the country. These earbuds are …
Tagged By business
China’s ride-hailing firm Didi reveals $4.7-bn loss ahead of IPO debut
Didi, one of the highest-profile targets of a broad Beijing campaign to rein in country’s giant tech sector, reported $6.6 billion of sales, down more than 13% from the June quarter …
Crypto mining reportedly rises in Thailand due to Chinese crypto ban
Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September. Thai entreprene …
China to allow foreign automakers full ownership of brands from next week
The world’s largest automotive market will end a 28-year-old policy, allowing foreign automakers to have full control of their operations without the need …
Didi Global reports widening losses as Beijing restrictions bite
Ride-hailing firm’s operating losses hit $6.3bn as Chinese regulators pursue customer-data inquiry …
Roundup: Digital economy to play spearhead role in China-Singapore economic cooperation
China’s application would enormously enhance the global attention towards digital economy and help maintain and strengthen its competitiveness in this field, said Pang Yan, co-director of the Business …
China Sees ‘Unprecedented’ Difficulty in Stabilizing 2022 Trade
Outlook for trade is less certain, as overseas appetite for China goods is set to weaken if global economic recovery loses steam.
China issues 1st white paper on export controls, lambasts US abuses
China issues 1st white paper on export controls, lambasts US abuses. Global Times. Move highlights nation’s stance on global cooperation, against bullying tactics. By GT staff rep …
Didi’s Revenue Falls After Beijing’s Crackdown Hurts Its China Business
The ride-hailing company’s China mobility business—which includes its core ride-hailing operations—was the main cause for the drop.
China Cuts Crude Oil Import Quota and Favors Mega-Refiners
China’s government cut the amount of crude oil import quota awarded to independent oil refiners and favored large, complex processors as it seeks to reform the sector.
China’s first batch of 2022 crude oil import quotas 11% below year earlier – sources
China has issued its first batch of 2022 crude oil import quotas to mostly independent refiners, totaling 109.03 million tonnes, 11% below the first allotment in 2021, according to five industry …
SenseTime jumps 17% on debut after IPO delayed by US sanctions
Chinese artificial intelligence giant SenseTime Group climbed on its first day of trading in Hong Kong after a rocky initial public offering (IPO) that was delayed by concerns over fresh United States …
Cryptocurrency price LIVE – Reddit crypto lovers made it most popular topic of 2021 as ProShares plots Metaverse fund
ETHEREUM, Decentraland, and Basic Attention are all tokens that some experts think are poised for rebounds in 2022. Contributors at Motley Fool think those three cryptocurrencies could see gains …
