Beijing’s state-of-the-art surveillance cameras, monitoring every millimeter; facial recognition algorithms and images captured on CCTV are just the beginning. ( read original story …)
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Chinese real estate giant KE Holdings sets terms for $1.9 billion US IPO
KE Holdings, China’s largest housing platform operating under the Lianjia and Beike brands, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $1.9 billion by … ( read original story…
SoftBank-Backed Beike Seeks Up to $2 Billion in U.S. IPO
KE Holdings Inc., a Chinese online property platform backed by Tencent Holdings Ltd. and SoftBank Group Corp., is looking to raise about $2 billion in a U.S. initial public offering. ( read original story …)
Trump’s WeChat Ban Risks Cratering Apple’s iPhone Business in China
Trump’s executive order could spark an iPhone exodus in China because Apple would be forced to pull WeChat —one of the most popular apps in the country— from the iOS app store. ( read original…
Next-Level Livestreaming: Jing Daily and CCI Report Shows Luxury Brands How to Profit From China’s Top E-Commerce Trend
PRNewswire-PRWeb/ — 2020 has been a pivotal year for luxury brands in China and worldwide. Facing an ongoing pandemic, … ( read original story …)
China Ends Week Positive/Hong Kong Flat Despite Black Friday, WeChat Primer, And Week In Review
Would you believe that Mainland Chinese stocks ended the week up and Hong Kong ended the week basically flat? Friday was no bueno on Tencent’s WeChat, inexplicably drawing the ire of President Trump … (…
Pompeo’s Campaign for Total Telecom Break with China
Pompeo’s Campaign for Total Telecom Break with China. Aug. 6, 2020 (EIRNS)—In an Aug. 5 press statement, U.S. Secretary of State Mike Pompeo presented a psychotic five-point p … ( read original story …)
Xinhua Headlines: China improves business environment to spur economy
China is unswervingly improving its business environment, nurturing fertile ground for the growth of various companies and injecting vitality into the domestic and global economy. — Local authorities … ( read original story …)
U.S. businesses in China face uncertainty as White House bans WeChat
As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to their … (…
China International Fair for Trade in Services scheduled to be held in Beijing next month
The 2020 China International Fair for Trade in Services (CIFTIS) will kick off in September at the China National Convention Center in Beijing. At present, posters and banners have been set up at the ……
Why Tencent and WeChat Are Such a Big Deal in China
Tencent Holdings Ltd., one of Asia’s biggest companies, is little known beyond the tech world. But its WeChat super app has more than 1 billion users worldwide. What started in 1998 when a small group…
China exports jump 7.2% in July, driven by rising demand for medical supplies, despite tensions with the US
China’s strong data came even as Donald Trump “lobbed another tech grenade in his cold war with Beijing.” … ( read original story …)
China opposed to U.S. action to block Chinese apps
Foreign Ministry spokesman Wang Wenbin told reporters at a daily briefing on Thursday (August 6) that China urged the United States to “correct its mistakes”. The Trump administration said on … ( read original story…