Industry revenues could be increased by an estimated £80 million as a result of the agreement announced on Sunday, the Government said.
Tagged By business
Jack Ma makes rare speech at Ant Group’s 20th anniversary, predicts AI-driven future
The Chinese entrepreneur addresses the fintech giant for the first time since it withdrew its mega IPO in 2020.
Why GM’s $5 billion China gamble may not pay off
General Motors faces a $5 billion setback as it struggles to regain traction in the world’s largest auto market.
Alarm bells ring for ‘smartphone king of Africa’ as other Chinese brands chase crown
Shenzhen-based Transsion Holdings is struggling to hold its own at the retail level as costs rise and supply chains are disrupted.
What’s good for China has been very bad for General Motors | Analysis
GM’s profits and market share have tumbled, so much that, like other multinationals, the company’s long-term presence in China is anything but certain.
US Clean Energy, Defense To Be Impacted By China Export Curbs
China’s retaliatory export controls could take a toll on the growing US clean energy sector and its defense industry, analysts say, as a trade tussle escalates between the world’s two biggest economies.
China’s shift to local chips gains momentum from latest US export controls
In an unusually swift response on Tuesday, Beijing banned the shipment of key minerals and metals to the US, just hours after American officials unveiled new export controls designed to “degrade” China’s ability to make…
The US provided no evidence that China manipulates TikTok content inside the country, court says
In its ruling on the TikTok ban, a court said that while the US provided no evidence China manipulates content in the country, it’s still possible.
China resumes buying gold after 6-month hiatus, abandoning Bitcoin reserve ideas
China’s uncertainty about the crypto industry has once again come to the fore. As of today, the People’s Bank of China (PBOC) disclosed official data that in November, the central bank reinitiated …
China’s special forces are untested. Success in a Taiwan invasion could depend on them.
While Western special forces would be horrified at the thought of being assigned conscripts, China does select the better draftees. “Their SOF units do use some conscripts to fill the enlisted ranks …
GM’s Moment of Truth in China Has Arrived
Facing intense pressure from other EV makers, GM should seriously consider exiting its China business, Christopher S. Tang writes in a guest commentary.
Brands urged to resume use of Xinjiang cotton
The China Cotton Association has called on relevant companies to resume the use of cotton from Xinjiang Uygur autonomous region.
Hong Kong’s crypto faithful see regulations as a strength, unsure of ‘unpredictable’ Trump
The chair of the Silk Road Economic Development Research Centre said the city still has a chance to lead in Web3 in the next decade Hong Kong officials and industry insiders touted the city’s …
