Xiaomi The Chinese smartphone giant taking on Tesla
Chinese smartphone maker Xiaomi is set to launch its first electric vehicle (EV) and begin taking orders on Thursday. Its chief executive Lei Jun said…
Tag: China
China’s Alibaba unveils AI image generator to take on Midjourney, DALL-E
HONG KONG – Alibaba Group Holdings Ltd (9988.HK) announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise customers in beta form, as it…
Auto firms race to secure non-Chinese graphite for EVs as shortages loom
LONDON – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV)…
Blinken starts rare China trip with hopes low for any breakthrough
BEIJING – U.S. Secretary of State Antony Blinken began meetings in Beijing on Sunday, the first top American diplomat to visit China in five years,…
Chinese investors travel to Riyadh conference seeking new markets, capital
HONG KONG/RIYADH Chinese entrepreneurs and investors are travelling to Riyadh this week to attend a business conference, which will bring together business and government leaders…
China’s Tencent raises stake in ‘Assassin’s Creed’ maker Ubisoft
A man rides an electric bike past the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton Tencent Holdings…
Russia and China tell NATO to stop expansion, Moscow backs Beijing on Taiwan
Russia and China called in a joint statement on Friday for NATO to halt its expansion while Moscow said it fully supported Beijing’s stance on…
Crypto giant Binance kept weak money-laundering checks even as it promised tougher compliance, documents show
In public, Binance said it welcomed government oversight. At the same time, the firm was withholding information from regulators, maintaining weak checks on customers and…
Ozone harms East Asian crops, costing $63 bln a year, scientists say
Fossil fuel emissions aren’t just driving climate change and worsening air quality, they’re also hurting crop yields enough to cause some $63 billion in annual…
Starbucks ties up with Meituan to bolster presence in crucial China market
Starbucks (SBUX.O), which has seen sales slow in China due to COVID-19’s fallout, is attempting to widen its reach in its second-biggest market globally by distributing…