Browsing Tag
china
54 posts
Chip Shortage Pushes China Auto Sales Down 12.4% In June
Industry data revealed that Chip scarcity pushed China’s gross auto sales down 12.4% in June. The world’s biggest…
Chinese Authorities Have Asked App Stores To Remove The Didi App
A regulatory order from the Cyberspace Administration of China (CAC), has ordered all app stores in China to…
Chinese Self-driving Startup WeRide Raises $310m, Strengthens Partnership With Nissan
Chinese self-driving startup WeRide announced on Wednesday that it raised $310 million, which brings its market value to…
BlackRock’s Lucy Liu Says China’s Crackdown On Tech Companies Will Last A Few Years
On Wednesday, Portfolio Manager Lucy Liu said that the crackdown by the Chinese government on big technology companies…
More Than Three Metric Tons Of Bitcoin Mining Rigs Taken Out Of China
A logistic firm has confirmed that it is moving more than three metric tons of Bitcoin mining equipment…
China’s Bitcoin Crackdown Has Wiped Off $300b From The Crypto’s Value
China’s continued crackdown on the crypto market has taken off almost $300 billion worth from the total digital…
Chinese Apps Risk Subpoenas Or Bans Under Biden’s Order, Sources Say
Some Chinese apps may be forced out of the market if they fail to implement measures to protect…
COVID Recovery: European Companies Plan On Investing In China
The coronavirus pandemic brought businesses and markets to their knees, and markets have begun to show signs of…
Crypto Ban: China Blocks Crypto-related Accounts On Weibo
As China continues the crackdown on Bitcoin mining, trading, and related operations, the country has moved to block…
Alibaba Reports First-ever Operating Loss Since Going Public In 2014
On Thursday, China’s e-commerce giant Alibaba Group Holding Ltd reported its first quarterly operating loss, the first since…