China’s internet sector entered a period of painful adjustments with massive layoffs and unprofitable units shutoffs.
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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 …
Tesla, Nio and other EV makers hit by China lockdowns
With lockdowns imposed in several places, including Jilin province and Shanghai where automakers and their suppliers have …
China Ends Game Freeze By Approving First Titles 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 …
China Calls Charges Carmakers Have Ties to Forced Labor ‘Smears’China Calls Charges Carmakers Have Ties to Forced Labor ‘Smears’
China hit back at a U.S. research report that said major automakers such as BMW AG and General Motors Co. have links to controversial labor programs in the Asian nation, escalating a dispute over …
LinkDoc Tech decides not to proceed with U.S. IPO
LinkDoc Technology Ltd., a Beijing-based healthcare technology company, on Monday pulled plans for an initial public offering on the Nasdaq to raise up to $243 million. LinkDoc cited current capital …
New EU Sanctions May Backfire and Benefit China
The proposals of the European Union and the United States to implement a complete energy embargo on Russia must consider the reality.
Aviation Blockchain Market May See a Big Move: Major Giants Aeron Labs, Winding Tree, LeewayHertz Technologies
The Latest Released Aviation Blockchain market study has evaluated the future growth potential of Aviation Blockchain market and provides information and …
