Zhipu, which is also backed by the tech giants Alibaba, Tencent and several more, is targeting a listing by around that time too, the people said. Bloomberg News reported in July that Zhipu was …
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China’s mobile phone shipments up 8.7% in October
Approximately 90.9 percent of the October shipments were 5G mobile phones, nearing 29.33 million units and an increase of 9.7 percent year-on-year, according to the CAICT, a research institute under …
China is too big to rely on exports for growth, IMF chief warns
On a visit to Beijing, the economist urged the government to get people spending more.
Another Chinese Rare Earth Producer Gets Streamlined Licence for Magnet Exports
Beijing added several rare earth elements and magnets to its export control list in early April, requiring a dual-use licence for exports. China’s exports of rare earth magnets slumped in April and May, forcing some…
How Trump’s tariffs forced China to pivot – and export more
Just a year ago, Chinese manufacturers, fearing a new trade war, rushed to push out exports following the election victory of President Donald Trump, who had pledged to slap punishing tariffs on …
Audi’s E5 Sportback sales soar in China, amid EV price war
Volkswagen-owned Audi is desperate for a turnaround in China, the world’s largest automobile market by sales since 2009. Once its strongest market, sales have been slipping for Audi in China as buyers …
The Buick Electra L7 Proves Western Carmakers Can Build A Great EV In China—If They Want To
China sedan that feels more interesting than it’s U.S. counterparts. But you’ll never ever get it. And that’s a big shame.
Chip Company Plotted to Send Technology to China, Ex-C.E.O. Says
The former chief executive of Nexperia, a Dutch chipmaker, said Dutch officials had known for years that the company’s Chinese owner sought to move its technology to China.
IMF urges China to take the ‘brave choice’: curb exports, boost consumption
The International Monetary Fund on Wednesday urged China to make the “brave choice” of speeding up structural reform, as pressure grows on the world’s second-largest economy to shift towards a …
China’s Deep Robotics raises US$70 million in fresh funds as sector draws more investors
Deep Robotics – one of the “Six Little Dragons” from Hangzhou, the capital of eastern Zhejiang province – on Tuesday said it had raised 500 million yuan (US$70 million) in fresh funding from a group…
China surplus pushing EU to take ‘offensive’ trade measures: business lobby
BEIJING — China’s mammoth trade surplus with Europe as well as challenges faced by foreign firms in the country are incentivising Brussels to adopt more ‘offensive’ policies, a business lobby warned Wednesday.
Biocytogen Completes STAR Market IPO, Becoming the First “H+A” Global Drug Innovator
Biocytogen (Beijing) Pharmaceutical Technology Co., Ltd. (“Biocytogen,” SSE: 688796; HKEX: 02315), a global biotechnology company advancing innovative drug discovery, today announced its successful …
HashKey aims for US$214 million in Hong Kong IPO amid Beijing’s crypto pressure
Crypto exchange operator HashKey Holdings has launched its share sale in Hong Kong, testing investor appetite amid repeated warnings against virtual currencies by China’s central bank. Hong Kong’s …
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