China approves Cisco’s $4.5 billion Acacia deal
SHANGHAI – Cisco Systems Inc’s purchase of Acacia Communications Inc has been approved by China’s antitrust regulator on condition that the companies ensure fair competition, the watchdog said on Tuesday. The State Administration for Market Regulation’s (SAMR) green light brings … Continue reading China approves Cisco’s $4.5 billion Acacia deal
Tesla delivering new model Y to Chinese customers
BEIJING/SHANGHAI – Tesla Inc said on Monday it has started delivering its Shanghai-made Model Y sports utility vehicles to customers in China. A representative for the U.S. automaker made the comment in response to a query from Reuters. The company … Continue reading Tesla delivering new model Y to Chinese customers
China: “New COVID-19 outbreak imported”
SHANGHAI – China’s recent COVID-19 outbreaks in the northeast have come from travelers entering the country or contaminated frozen food imports, the National Health Commission (NHC) said on Saturday. NHC Minister Ma Xiaowei made the comments at a government meeting, … Continue reading China: “New COVID-19 outbreak imported”
U.S. ban eight Chinese software apps
WASHINGTON – U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay mobile payment app, the White House said, escalating tensions with Beijing two weeks before President-elect Joe Biden … Continue reading U.S. ban eight Chinese software apps
Tesla to receive lithium supply from China
Beijing – China’s Sichuan Yahua Industrial Group Co Ltd said on Tuesday it had signed a deal to supply battery-grade lithium hydroxide to U.S. electric vehicle (EV) manufacturer Tesla Inc for the next five years. Yahua, which is based in … Continue reading Tesla to receive lithium supply from China