China Carries Out 2022's First Successful Satellite Launch
At 10:35 a.m. on Monday, China successfully launched a satellite into orbit from the Taiyuan Satellite Launch Center in the northern province of Shanxi.
1/17/20222 min read
Category: News
Showing 12 of 673 posts in this category
Douyu CEO Arrested for Alleged Crime of Operating a Gambling House
Chengdu Public Security Bureau released an announcement on November 22, stating that Chen (male, 39 years old) is suspected of running a gambling establishment.
Li Auto CEO Addresses Challenges and Announces Strategic Shift in Sales
Li Auto's CEO, Li Xiang, admitted in an internal letter to strategic missteps in the rollout of the company's latest EV model "MEGA".
3/22/20243 min read
Chairman of Alibaba's Local Life Group, Yu Yongfu, to Step Down from His Management Role
Alibaba Group announced on March 1 that Yu Yongfu, Chairman of the Local Life Group and CEO of Ele.me, will step down from his management roles by the end of the current fiscal year.
Malta Calls for Recall of Children's Shoes with Excessive Harmful Chemicals Sold on Shein and Temu
The Malta Competition and Consumer Affairs Authority has issued a recall notice for five children's shoe products on the ecommerce platforms Shein and Temu due to concerns about potentially harmful chemicals.
12/13/20242 min read
Former Huawei Autonomous Driving Head Joins Geely’s Zeekr
The former director of Huawei’s autonomous driving development business has joined Geely Holding Group’s Zeekr brand as Vice President of autonomous driving.
11/4/20213 min read
Two ByteDance Employees Sentenced for Bribery and Promoting Certain Content on Douyin "Hot List"
On November 26, a judgment published on the website China Judgments Online showed that two employees of ByteDance were sentenced for bribery in the first trial court of Haidian District People's Court of Beijing.
Tencent Confirms Death of Mao Xingyun, Employee at Company's TiMi F1 Studio
Recently, news emerged that an employee of Tencent in Shenzhen died unexpectedly. Tencent confirmed on Tuesday that Mao Xingyun, an employee of TiMi F1 Studio, passed away unexpectedly on December 11th.
12/14/20212 min read
Ride-hailing App Dida Plans Hong Kong IPO Amid Market Challenges
Dida has made four attempts so far to apply for an IPO in Hong Kong and has garnered the support of several renowned investment firms, including NIO Capital and IDG.
2/8/20242 min read
US and China Still Very Much in Business as Canton Fair Hosts Promotional Event in New York
On May 22, representatives from the long-running trade show Canton Fair were at a packed room in New York to drum up more support. The Canton Fair just concluded its 135th session in early May, receiving 246,000 international buyers, marking a new record of onsite buyer attendance.
5/25/20243 min read
Gree Electric Appeals After $26 Million Compensation Awarded to AUX
The trial regarding a pair of infringement cases for invention patent rights in which AUX Air Conditioning sued Gree Electric Appliances and Ningbo Yongge Information Technology Co., Ltd., has now ended.
Universal Beijing Resort Plans Expansion to Welcome More Eager Tourists
The Universal Beijing Resort is planning its second phase of construction, Beijing Municipal Government official Cui Shuqiang said at a press briefing on Wednesday.