A crypto-friendly former official with China’s central bank has been accused of taking bribes through cryptocurrencies, in the first corruption case of its kind in the country as it cracks down on …
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Starbucks explores selling stake in Chinese business amid strategic growth plans
Starbucks is considering selling a stake in its Chinese operations, as it is exploring strategic partnerships to drive growth, the coffee chain said. A global spokesperson for Starbucks said in a statement: “We are wholeheartedly…
Chinese Judge Cites ‘High-Pressure Crackdown’ On Speculation In Judgment Declaring Crypto Ownership Legal As Bitcoin Moves Past $97K
Amid Bitcoin’s (CRYPTO: BTC) record-breaking run, a Shanghai court has opined that owning cryptocurrencies as an individual is not against Chinese law. What Happened: Judge Sun Jie of the Shanghai …
China Unicom unveils new solution for smart connected cars
Vehicle-road-cloud integration, an autonomous driving solution led by China, will not only propel the country’s ICV industry, but also drive the development of smart cities, traffic management and …
AI to generate $680B for telecom sector
Over the next 15 to 20 years, artificial intelligence (AI) is estimated to generate up to 680 billion U.S. dollars for the telecommunications industry, said John Hoffman, CEO of the Global System for …
Mark Tanner assesses how brands active in China are looking at their positioning following the US presidential election
Mark Tanner assesses how brands active in China are looking at their positioning following the US presidential election …
China Mobile Discusses Potential Deal for Internet Firm HKBN
China Mobile, the world’s largest wireless carrier by subscribers, is in talks on a potential acquisition of Hong Kong broadband provider HKBN Ltd. as it looks to expand its footprint in the city. HKBN’s board…
China advances in humanoid robots, biotech and space, in new plan to conquer the future
China’s leaders believe it must be a tech superpower to “enhance national competitiveness and respond to external risks”. The programme When Titans Clash looks at the country’s new focuses on high-tech research.
Europe To China: Want Subsides? Hand Over Your Technology
The EU is expected to allow Chinese access to European subsidies in exchange for transferring technology and IP to European companies. This is expected to be confirmed before new EU grants for battery manufacturing become…
Humanoid robots, biotech, space: China has new plan for tech supremacy, economic growth
China’s leaders believe it must be a tech superpower to “enhance national competitiveness and respond to external risks”. The programme When Titans Clash looks at the country’s new focuses on high-tech research.
US, China must collaborate on carbon dioxide removal, report finds
Reducing greenhouse gas emissions alone might not be enough to reach climate action goals: The world’s two biggest emitters—the United States and China—must cooperate to accelerate the development of methods that actively remove carbon dioxide…
China crude oil imports set for November rebound, but it’s price not demand: Russell
China’s crude imports are on track to rebound in November to the highest in three months, but the increasing appetite of the world’s largest oil importer is more about price than rising demand.
What Luxury Can Learn From China’s Singles’ Day
However it was China’s big tech that—again—won the day. Alibaba Group said that 45 brands delivered more than RMB 1 billion in GMV. One of these was Apple. 589 surpassed RMB 100 million in GMV…
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