Samsung Electronics has just sold its 1.6 percent stake in China’s BYD, which is worth around 1.5 trillion Won (roughly 1.3 billion US Dollars). The move arrives as a surprise considering how many …
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China’s Great Wall to launch electric car and hybrid SUV in Europe in 2022
Great Wall Motor will launch an electric compact car and a plug-in hybrid SUV in Europe in 2022, it said on Monday, joining a growing number of Chinese carmakers trying their luck on the continent…
KB Asset rolls out first blockchain investment fund
those from European countries at 12 percent and from China at 11 percent. The fund can be invested in at KB Securities, SK Securities and Korea Foss Securities. “Blockchain is a key technology that …
Chinese star cuts ties with Swiss watch brand over Taiwan
Chinese singer and actor Lu Han, a former member of popular K-pop boy band EXO, said Sunday he would cut ties with Swiss luxury watch brand Audemars Piguet after its CEO referred to Taiwan as…
China’s export, import growth likely eased in Aug on COVID-19 cases, supply bottlenecks
China’s export growth is expected to have moderated in August amid port congestion caused by fresh COVID-19 cases, a Reuters poll showed, while the pace of imports also slowed, highlighting the …
China’s Weibo bans BTS fan account for illegal fundraising
Chinese social media platform Weibo has banned a fan club of popular South Korean K-pop band BTS from posting for 60 days …
Mazda switches its joint ventures in China
FAW-Mazda displays its Mazda 6 Atenza sedan at an automobile exhibition held in Guangzhou, Guangdong province, last year. LI ZHIHAO/FOR CHINA DAILY Japanese carmaker Mazda is restructuring its Chinese …
Bibles for China uses pandemic lull to plan for future
After a month of intense lockdowns, China has squashed a small COVID-19 outbreak. Chinese vaccines have done well against the delta variant, though not quite as well as those produced in the U.S. and …
Redmi Buds 3 to be available in China through crowdfunding from September 8
Xiaomi has already confirmed that the company’s latest budget true wireless earphones under the Redmi brand, dubbed Redmi Buds 3, will be officially launched on 6th September. Now, the company has …
China’s Liu He says support for private business has not changed
China’s Vice Premier Liu He said the private economy must be supported and that “guidelines and policies for supporting the private economy have not changed…and will not change in the future,” …
What China’s economic governance tells global investors
Some global investors have seemingly observed a “turn” in China’s economic governance recently. In addition to multiple anti-trust probes and data security checks on the country’s biggest internet …
If properly used, big data can help companies improve business
The rational use of big data can greatly promote economic development, but if not used properly, it can also cause a lot of problems. If big data is applied in a proper way, it can…
Alibaba pledges $15.5 billion to help China achieve ‘common prosperity’
(CNN) –Alibaba is pouring 100 billion yuan ($15.5 billion) into China’s drive to achieve “common prosperity,” marking the latest big pledge from a Chinese company to support President Xi Jinping’s …
