Truth Behind the ZTE Ban: Power Struggle between China and the U.S.
Huawei may have been the first Chinese company to be affected by the U.S.-China trade war, but its main Chinese rival, ZTE, is now also suffering. The two Chine...
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China’s 5G Online Terminal Connections Surpass 100 million: Report
The 2020 China Internet Development Report was released on Nov. 23 in Wuzhen, Zhejiang Province, during the 2020 World Internet Conference, revealing the number of 5G online terminal connections exceeds 100 million.
11/24/20202 min read
Huawei Adjusts Management, Ding Yun Appointed President of Enterprise BG
Huawei has recently issued an internal document appointing Ding Yun as the president of firm's Enterprise Business Group (BG), succeeding Peng Zhongyang.
1/7/20222 min read
Jack Ma Denies Rumors of Appearing at Alibaba Headquarters
Jack Ma denies rumors of returning to China and appears at Alibaba headquarters, stating that he is in Europe.
01.AI Launches Personal AI Workspace 'Wanzhi'
Kai-Fu Lee's AI company 01.AI officially announced a one-stop AI work platform called 'Wanzhi'.
Chinese Ride-Hailing Platform Caocao Chuxing Receives 3.8 Billion Yuan in Funding, Sets Headquarters in Suzhou
Caocao Chuxing, the ride-hailing arm of automaker Geely, announced the completion of Round B financing worth 3.8 billion yuan ($589 million) on Monday.
9/7/20213 min read
Steve Bannon: Shutting Out Huawei Is 10 Times More Important Than the Trade Deal
Trade tension between the U.S. and China exacerbates as Steve Bannon, former White House chief strategist, says driving out Huawei is more important than the trade deal.
India Bans TikTok, WeChat and 57 More Chinese Apps Amid Border Crisis
The Indian government announced today it would ban 59 apps developed by Chinese firms as border tensions grow between the two countries.
Airbnb China to Lay Off Employees As 25% Workforce Cut Globally
American tourism experiences platform Airbnb is laying off about 25% of its workforce as the COVID-19 pandemic halts the travel industry and threatens the company's core business.
DJI's Mini 3 Pro Drone Sees Multiple Upgrades
On October 26, Shenzhen-based drone maker DJI released multiple upgrades for its Mini 3 Pro drone, such as an enhanced image transmission function.
ByteDance Starts JV With Major Media To Develop AI, Blockchain and IP Services
TikTok owner ByteDance announced a joint venture with Shanghai Dongfang Newspaper, a state-owned media group and the operator of a popular local news outlet The Paper.cn.
12/16/20192 min read
Revealing Tencent's Investment Map in the Medical Field
Tencent has made six major moves within the medical field this year, investing in several medical device enterprises.