U.S. Software Giant SAS Exits China, Lays Off 400 Employees
On November 4 — U.S. software giant SAS Institute has announced its complete withdrawal from the Chinese market after 25 years of operation, laying off all 400 ...
Tag: #China
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Country Garden’s Offshore Debt Restructuring Plan Approved, Expected to Cut Debt by Over $11.7 Billion
Country Garden, one of China’s largest private property developers, announced that its offshore debt restructuring plan was successfully approved at a creditors...
Kimi Nears $600 Million Funding Round, IDG Reportedly to Join
Chinese AI startup Moonshot (developer of the large language model Kimi) is reportedly finalizing a new funding round of about $600 million, valuing the company...
Chinese Team’s Breakthrough on Coccolithophores Graces Science Cover
A Chinese team’s atomic-level decoding of coccolithophores’ photosynthetic prowess, featured on the cover of Science, unlocks secrets to efficient light use and carbon capture, promising breakthroughs in climate change solutions.
9/16/20251 min read