The head of the joint venture, Allan Wu, has filed a third legal case against Arm China via one of its companies, according to the Financial Times, citing a court filing. Wu reportedly wants to…
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BMW sees up to $9.1B boost from taking controlling stake in China JV
Chinese authorities gave BMW permission to raise its stake in the business with Brilliance China Automotive Holdings to 75 percent from 50 percent, the automaker said in a statement Friday. The move …
China exporting hazardous goods in garb of fertilizers: Report
China has been exporting hazardous goods with explosive properties in the garb of fertilizers and skipping safety precautions that facilitate safe storage and shipment of goods by providing …
China suspends Lithuanian beef, dairy, beer imports amid Taiwan row
China’s General Administration of Customs had informed the country it was halting the exports due to “lack of documentation”, the agency said in a statement China suspended imports of beef, dairy and …
China’s Tencent denies buying more DiDi shares since US IPO
China’s Tencent has denied buying more shares in DiDi Global … It had added about 1.8 million DiDi Class A ordinary shares to its last-known holdings during DiDi’s IPO. As of December, Tencent owned …
The Largest Digital Bank in China featured in the latest Forbes Blockchain 50
SHENZHEN, China, Feb. 11, 2022 /PRNewswire/ — WeBank, the world’s leading digital bank, is featured in the Forbes Blockchain 50 2022. The bellwether list recognizes large corporations that lead in …
Fifty Years After the Nixon-Mao China Opening, U.S.-Chinese Relations Are Getting Worse
He started the FBI China Initiative, harassing Chinese American scientists and falsely accusing some of espionage, undermining legitimate efforts against Chinese spying, mainly on U.S. business.
Tencent Says Hasn’t Bought More Didi Shares Since its U.S. IPO
Since then, Beijing has ordered the removal of more than two dozen Didi applications from app stores, initiated probes into its business practices and pressured the company to delist from New York.
China Plays Long Game on C919 Development
In the case of China’s aerospace ambitions … but the airline went out of business the following year. In one of the last acts of the Trump administration in January 2021, the U.S. Department of…
China’s craze for Bing Dwen Dwen NFTs a vivid display of digital economy’s potential
With crypto investors “all in” and betting big on the future valuation … Could a ‘big brother’ please communicate with and teach me?” On China’s Twitter-like Weibo, similar questions have also been …
Chinese bicycle exports soar during pandemic
A worker polishes a bicycle rim at a foreign trade enterprise in Hangzhou, East China’s Zhejiang province, on Feb 7, 2022. [Photo/Xinhua] Chinese bicycle exports have soared during the past two years …
China halts Lithuania beef imports amid Taiwan row
China’s General Administration of Customs suspended the exports citing a “lack of documentation”, a Lithuanian agency said in a statement. The move comes after Lithuania let Taiwan open a de facto …
China on global warehouse spree to boost foreign trade
In the lingo (link in Chinese) of China’s warehousing business, this is referred to as “products going ahead of orders.” According to a 2020 trade report (link in Chinese) on China’s distribution and …