Tag: China
Lenovo doubles profits
The world’s biggest maker of PCs, China’s Lenovo Group, has posted a better-than-expected jump in first-quarter profit as Covid-19 curbs continued to spur work-from-home...
Biden bans 28 more Chinese companies from US investment
US President Joe Biden has expanded the list of Chinese companies that US investors are prohibited from investing in due to their alleged links...
Is Alibaba’s fate a warning to China’s tech giants?
It's been a tough week for Chinese tech firms.Over the weekend, Chinese billionaire Jack Ma's e-commerce giant Alibaba was fined $2.8bn (£2bn) by Chinese...
China blocks Signal messaging app
The encrypted messaging app Signal appears to have been blocked in mainland China, the latest foreign social media service to cease working in a country...
China cybersecurity unit targets deepfake threat
China’s cybersecurity regulator is seeking answers from many of country’s top tech companies about how to tackle a growing threat from fake multimedia content...
China topples US as country will most dollar-based billionaires – Report
One in every two newly minted dollar-denominated billionaires last year were in China, and that has placed that country on top of the list...
China overtakes U.S. as Europe’s main trading partner for the first...
China dethroned the U.S. last year to become Europe’s top trading partner for the first time, data from the European statistics office has shown.European...
China causes major shake up in Ant Group
China’s central bank hauled in executives from Ant Group over the weekend, and ordered a major shake-up of the company’s operations.The move comes about...
Chinese fintech giant Lufax seeks up to $2.36 billion in U.S....
Chinese lending and wealth management firm Lufax is seeking up to $2.36 billion from a U.S. initial public offering (IPO).Earlier this month, the Shanghai-headquartered...
U.S. tries to get Huawei blocked from Brazil’s 5G networks with...
Washington has stepped up its offensive against Huawei, offering financing to Brazil to get the Chinese telco effectively blocked from the nation’s next-generation 5G...