China has introduced more substantial financial measures to stabilize economic growth given a resurgence in COVID-19 cases, as industry insiders understand it will serve as fresh impetus to the world …
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Laiye Raises $70M; Closes $160M Series C Funding
Laiye, a Beijing, China-based intelligent automation company, closed its $160m Series C funding round with the latest tranche at $70m …
China sets up 3 mobile towers near LAC in Ladakh -What’s on dragon’s mind?
China has constructed three mobile towers at Hot Springs in eastern Ladakh very close to the LAC, local councillor Konchok Stanzin said.
Laiye Secures Series C at $160 Million to Rapidly Rollout Intelligent Automation
Laiye, a leading global intelligent automation company, continues to attract investors as it seeks to accelerate international expansion and grow its team. The company announced the completion of …
China Tech Stocks Slump on DiDi Delisting Plan, Regulation Woes
China’s technology stocks slumped as trading resumed in Hong Kong after the long weekend, with continued concern over government regulation and a potential delisting of U.S.-traded shares dampening …
US warned of Chinese ability to militarise space technology to block American radars, jam sophisticated weapons systems
The ANI report said that it gives credence to what was suspected by the international community till now that China has reached a stage of self-reliance in space technology and acquired capabilities …
Tech Firm Laiye Closes Series C at $160 Million to Accelerate Global Rollout of Intelligent Automation
Laiye, a leading global intelligent automation company, continues to attract investors as it seeks to accelerate international expansion and grow its team. The company announced the completion of its …
Shanghai lockdown: China takes steps to shore up supply chains by putting Tesla and SMIC on ‘white list’
Under this system, the government will hand-pick businesses from different sectors deemed as strategically important By allowing key producers to function as normally as possible, China is aiming to …
China’s Chip Output Shrinks as Lockdowns Hurt Production
China’s quarterly production of semiconductors shrunk for the first time since early 2019 as consumer electronics demand softened and Covid-triggered lockdowns in regions including Shanghai disrupted …
US-China Tech Race: Shock and Awe
This is an audio transcript of the FT Tech Tonic podcast episode: US-China Tech Race: Shock and Awe. Demetri Sevastopulo I mean, I have to be very careful and kind of not get into …
China’s economic data hints at cost of ‘COVID zero’ strategy
The country’s lockdowns have trapped truck drivers on highways, halted production lines and forced some importers to source goods from outside China.
Global investors flee China fearing that risks eclipse rewards
President Xi Jinping’s friendship with Russian leader Vladimir Putin has made investors more distrustful of China, while a strongman narrative is ga..
Core module of China’s space station achieves anticipated goal
Tianhe, the core module of China’s space station, has completed its verification of key technologies and achieved its expected goal. Yang Hong, chief designer of the space station system of the China …
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