JD.com Confirms Acquisition Talks with MediaMarktSaturn
DÃœSSELDORF/BEIJING – Chinese online retail giant JD.com is reportedly in advanced talks over a potential acquisition of Media Markt and Saturn, two of Germany’s leading electronics chains. As confirmed by parent company Ceconomy AG, negotiations are ongoing, with JD.com offering … Continue reading JD.com Confirms Acquisition Talks with MediaMarktSaturn
EU‑China Business Leaders Symposium in Beijing
BEIJING – At the 25th EU–China Business Leaders Symposium, top representatives of the European Union and China met in Beijing. Originally scheduled for two days, the meeting was condensed into a single day — widely interpreted as a sign of … Continue reading EU‑China Business Leaders Symposium in Beijing
Police Dismantle Two Chinese-Led Cyber Fraud Rings
CHIANG MAI – Thai authorities have apprehended several suspects linked to two separate Chinese-led online fraud networks, following coordinated crackdowns on cybercrime. Police General Thatchai Pitaneelabutr, head of the Royal Thai Police Cyber Taskforce, confirmed the operation’s breakthrough at a … Continue reading Police Dismantle Two Chinese-Led Cyber Fraud Rings
Europe’s Battery Ambitions Falter as China Pulls Ahead
FRANKFURT/BRUSSELS/BEIJING — China’s lead in global battery manufacturing continues to grow, while Europe’s efforts to build a competitive battery cell industry are faltering. The recent financial collapse of Swedish startup Northvolt is more than an isolated failure—it’s a symptom of … Continue reading Europe’s Battery Ambitions Falter as China Pulls Ahead
US presses Hanoi to reduce dependence on China
WASHINGTON/HANOI – The US is urging Vietnam to lessen its reliance on Chinese tech in devices assembled locally—such as Apple iPhones, Samsung smartphones, and Meta/Google VR headsets—exported to the American market. Hanoi is hosting meetings with domestic manufacturers to boost … Continue reading US presses Hanoi to reduce dependence on China