China

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Republic of China Fines Big Tech Companies

The Chinese market regulators revealed that they had fined companies including Alibaba, Baidu and JD.com for avoiding the disclosure of…

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Baidu Will Launch Self-Driving Taxis in 100 Cities

Baidu plans to roll out an automated taxi service in 100 cities by 2030, while the Chinese search engine aims…

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IT

China Keeps Scrutinize The Technology And Internet Sector

China will continue its campaign to scrutinize the internet sector to remove practices that include blocking company website links by…

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IT

The US Became The Largest Bitcoin Mining Center In The World

The US overtake China to acquire the largest share of bitcoin mining in the world, as the numbers illustrate the…

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Evergrande Raises Funds To Escape Bankruptcy

Evergrande will sell a majority stake in its property management project for more than $5B in a deal that could…

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IT

China’s Central Bank Fights Cryptocurrency

China's central bank renewed its blistering rhetoric about bitcoin and deemed all cryptocurrency activities illegal, vowing to crack down on…

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The Chinese Government Prepares For The Evergrande Downfall

Chinese authorities are asking local governments to prepare for the collapse of the debt-ridden China Evergrande Group, in preparing for…

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China’s Censorship Crackdown Reaches Video Games

the Chinese government decided to ban teenagers under the age of 18 from playing video games for more than three…

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Didi Shares Jump 10% Amid News of Government Control

Bloomberg News reported Beijing is planning to bring the recently troubled transportation giant under government control by acquiring a stake…

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JD.com Adds Record Number of Users Amid Stricter Controls

After exceeding expected results for the July quarter, JD.com said it doesn't expect any impact to its business from the…

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