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Three listed companies of HNA Group disclosed that a total of 61.5 billion yuan ($9.57 billion) had been embezzled by shareholders and other related parties.
Though high-risk, lockdown and control areas are still under some number of restrictions, Shanghai has now become fully operational as of June 1st. The Jiading District of Shanghai today issued 12 policies to boost consumption throughout the city.
According to Japanese financial news Nikkei, Chinese companies have surpassed U.S. companies on a Nikkei ranking of the top 50 patent filers for artificial intelligence (AI) over the past three years
Comparing the current crisis to the SARS outbreak of 2003, some people argue that similar to how SARS boosted China’s e-commerce industry, the COVID-19 outbreak could also propel new innovations.
Well-known game developers, including NetEase, Lilith Games, and IGG, have either curtailed development of in-house game projects or have laid off staff.
Domestic mobile phone brand Coolpad recently announced a change up of its management team. The company said that Li Yujing, former head of Redmi, will become the group's vice president.
Two titans of global technology entrepreneurship, Elon Musk and Jack Ma, shared a stage on August 29, to talk about the future of humanity, through the lens of technology and AI.
Chinese government authorities on March 22 suggested that the country’s tobacco industry regulations might also be applied to e-cigarettes and vaping products.
On August 4, BYD Electronics announced that its wholly-owned subsidiary BYD Precision Manufacturing has obtained a tobacco production enterprise license issued by China's State Tobacco Monopoly Administration.
As early as June of this year, several car owners had reported that almost all of Hycan's sales channels in Shanghai had ceased operations, including the experience centers in shopping malls and the branch office phones going unanswered.
On March 22, the China Association of Automotive Manufacturers (CAAM) urged for an immediate end to the price war in the Chinese auto market following a succession of car price reductions and sales promotions earlier this month.
Apple will build the second data center in China, located in Ulanchap, Inner Mongolia. The new data center has been named as iCloud Northern Data Center. As th...