Switzerland-based ABB Invests $150 Million in Shanghai Factory
ABB, a Swedish-Swiss industrial giant and one of the world's four largest robotics companies, announced the official opening of its robotics factory in Shanghai on December 2.
Category: Cross-border
Showing 12 of 742 posts in this category
Jack Ma Establishes a $10 Million Prize to Support Young African Entrepreneurs
Jack Ma announced on August 8 the establishment of the Africa Netpreneur Prize to encourage young Africans to start their own businesses. 800 entrepreneurs, ven...
Ford and Baidu Launch Joint Autonomous Vehicle Test Project
Today Ford Motor Company and Baidu, Inc. announced the commencement of a two-year joint autonomous vehicle test project, under which the two companies will furt...
10/31/20182 min read
China's Inaction Ends the Qualcomm-NXP Deal as Deadline Passes
Qualcomm lost its chance to own NXP Semiconductors as China did not approve of the deal before the deadline on Thursday midday Beijing time. SEE ALSO: U.S. Fea...
Apple and Foxconn Accused of Breaching Chinese Labor Laws
China Labor Watch recently released a 51-page report detailing the labor abuses of the US tech giant Apple and one of their main suppliers for iPhone parts, Foxconn.
The Chinese Subway Made its Way to the U.S
In 1863, Aisin Gioro Zaichun had just ascended the throne. In London, the world's first subway system as long as 4.8-kilometer began its operation in the same y...
10/21/20174 min read
1,000 Tesla Super Charging Stations Built on Chinese Mainland
EV maker Tesla announced on Friday that 22 super charging stations and 128 super charging piles have been launched in 21 cities across China in the month of December.
1/14/20222 min read
Xpeng Joins Forces with Alipay to Implement In-Car Payment Functions
On November 27, Xpeng Motors announced that they have signed a deal with Alipay to jointly develop in-car payment functions.
11/27/20192 min read
Rape Accuser of JD.com's Richard Liu Asks for Punitive Damages
Last Friday, a Minnesota court held a four-hour hearing in which Liu Jingyao, the accuser, asked for punitive damages from both Richard Liu and Chinese e-commerce giant JD.com. She attended the hearing in person.
6/29/20225 min read
Tesla's 2021 Revenue in China Totaled $13.8B, Up 107.8% YoY
According to the 10-K annual report submitted by automaker Tesla to the the US Securities and Exchange Commission (SEC) on Tuesday, the firm's revenue in the Chinese market reached an impressive $13.844 billion in 2021.
2/8/20222 min read
CATL's New Battery Plant Already Supplies Tesla
Contemporary Amperex Technology Co., Limited (CATL)'s latest lithium-ion battery factory being built has now started production in Shanghai.
1/10/20222 min read
Alipay Establishes Cross-Border Remittance Partnership with Finablr
On November 27, 2019, Alipay and Finablr announced a global partnership to provide cross-border remittance services.
11/28/20192 min read