Tech

Tech

TMT continues to lead private equity and venture capital investment

Private equity and venture capital (PE/VC) markets eased again in the second half of 2018 after a rebound in the first half.
Tech

Tmall Global aims to boost spending on overseas merchandise

Alibaba's import goods arm Tmall Global has unveiled new initiatives to boost consumers' spending on overseas merchandise. 
Tech

Tencent profit dives, hit by govt gaming freeze

Tencent said its profit suffered a major blow in the fourth quarter, dropping 32 percent to 14.2 billion yuan (US$2.09 billion) after gaming revenue came under pressure. 
Tech

Chip import boom highlights need to develop local production

Chip imports hit a record US$320 billion last year, underscoring the huge potential for an expansion of local production.
Tech

Parcel flows between Spain and China set to speed up

Alibaba's logistics affiliate Cainiao and Spain's state-backed postal service provider Correos Group have signed a memorandum of understanding.



Tech

Norwegian commentator warns Europe against following US in boycotting Huawei

A commentator in Norway said Tuesday that Europe should not follow the United States in boycotting Chinese telecoms giant Huawei.
Tech

Xiaomi profit jumps 60 percent

But the smartphone maker's CEO lost a US$150 million bet with Gree chairwoman Dong Mingzhu.
Tech

Foxconn to start LCD screen production in US Wisconsin in 2020

Foxconn will move forward with its LCD screen factory project in the US state of Wisconsin this summer and begin production in the 4th quarter of 2020.
Tech

Merck very optimistic about China market

Merck, a German science and technology company, plans to double its sales in China by 2025.
Tech

China's wearable device sales booming

The strong growth is led by products targeting the youth market.
Tesla Model Y SUV to be built in Shanghai Housing sales continue to head south Buy your duty-free before leaving home Global talent network held its annual assembly in Shanghai China, US set for new round of talks Stocks flat on Sino-US trade talks expectations Implementing large-scale tax cuts will give a zeal to entities City slashes ports red tape Italian firms confirm participation in China's 2nd import expo China develops new energy battery powered UAV Reform to boost foreign demand for leasing Tesla Shanghai project going smoothly: Shanghai officials New energy car market share in China could enter 'free fall' after 2020: NPC deputy Henan international trade and investment fair kicks off on April 8 Palace, courtyard and garden in a supreme complex Disney's US$71.3b acquisition of 21st Century Fox officially closed US Fed now expects no rate hikes in 2019 Non-financial ODI in first 2 months at US$15.66b City breaking down trade barriers Shanghai bourse breaks 3,100 Starbucks confirms 'VIA coffee' in Chinese supermarkets unauthorized Moderate rise in new home prices continues China's 2nd CIIE to have more booth area, attendees: MOC China's NEV sales continue robust growth 'Tired' Ghosn recovers, as lawyers ready 'thorough' defence Wharton favors Shanghai for a third time China's home prices up slightly in February GSK Consumer Healthcare is set to accelerate its growth in China China to cut tax to ease burden on industries Think tanks must learn to think bigger Stocks close flat Chinese companies to build advanced solar module plant New US survey shows most respondents expect US-China trade deal in 2019 Investment group expands its China portfolio East China Fair adds Belt and Road session NIO terminates Shanghai factory plan, posts 2018 loss Boosting sustainable development in Asia-Pacific region NIO reports revenue growth, yet net loss in 2018 'Quickpass is safe,' China UnionPay promises after CCTV exposé China's property investment up 11.6% in first 2 months Luxury spending booming Shanghai banks pledge to help small business
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