AI industry flourishes in China
PINGDINGSHAN, China – In a village in central China’s Henan province, amid barking dogs and wandering chickens, villagers gather along a dirt road to trade images of their faces for kettles, pots and tea cups. At the front of the … Continue reading AI industry flourishes in China
Toyota, Honda: Bright outlook on Chinese market
TOKYO – Japan’s two biggest car manufacturers, Toyota Motor and Honda Motor more than doubled their operating profit forecasts, helped by recovering demand in China as it rebounds from the coronavirus pandemic. While China’s trade friction and worsening ties with the … Continue reading Toyota, Honda: Bright outlook on Chinese market
Shanghai stock exchange suspends Ant Group’s IPO
HONG KONG/NEW YORK – China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma. The … Continue reading Shanghai stock exchange suspends Ant Group’s IPO
U.S. allows Samsung limited panel supply to Huawei
SEOUL – Samsung Electronics’ display unit has received licenses from U.S. authorities to continue supplying certain display panel products to Huawei Technologies [HWT.UL], a source familiar with the matter told Reuters on Tuesday. With U.S.-China ties at their worst in … Continue reading U.S. allows Samsung limited panel supply to Huawei
Flights between China and Europe continue to rise
Frankfurt – After Air France restarted weekly flights to Beijing in August as the first airline in Europe to resume service to Beijing amid the pandemic, more and more airline companies are resuming their traffic between Europe and China. The … Continue reading Flights between China and Europe continue to rise