CHINA COMPANIES
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Business & Economy
Tesla opens new unit in China after announcing Shanghai factory
Shanghai, China, Apr 14 (EFE).- US electric vehicle manufacturer Tesla opened a new unit in China just days after announcing…
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Science & Technology
China tells Tim Cook it will create ‘good environment for foreign companies’
Beijing, Mar 27 (EFE).- China is willing to “provide a good environment and services to companies with foreign capital,” China’s…
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Business & Economy
Tim Cook praises China’s rapid technological advances
Beijing, Mar 25 (EFE) .- Apple’s CEO Tim Cook on Saturday, during an unannounced visit to Beijing, underlined the rapid…
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Business & Economy
Didi, the ‘Chinese Uber,’ announces Wall Street exit in June
Shanghai, China, May 23 (EFE).- The ride hailing app firm, Didi, dubbed as the “Chinese Uber,” announced Monday its decision…
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Business & Economy
Alibaba CEO resigns from Weibo board after stepping down from Didi
Shanghai, China, Jan 11 (EFE).- The CEO of China’s e-commerce giant Alibaba has resigned from the board of directors of…
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Business & Economy
‘Chinese Twitter’ Weibo seeks $385 million in Hong Kong secondary listing
Shanghai, China, Dec 3 (EFE).- Social media platform Weibo, the Chinese equivalent of Twitter, aims to raise $385 million in…
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Business & Economy
China warns e-commerce companies against making false offers on Singles Day
Shanghai, China, Nov 6 (EFE).- China’s market watchdog on Saturday asked e-commerce companies not to allow the posting of false…
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Business & Economy
Concern in China over real estate company Evergrande credit downgrade
Beijing, Sep 10 (EFE).- Chinese real estate company Evergrande suffered two cuts this week in the rating of its debt…
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Business & Economy
Tencent vows $7.7 billion in boost to Beijing’s wealth redistribution efforts
Shanghai, China, Aug 19 (EFE).- Chinese digital conglomerate Tencent on Thursday announced a fund to donate 50 billion yuan ($7.7…
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Life & Leisure
Chinese gaming company shares plummet after Beijing labels them ‘opium’
Shanghai, China, Aug 3 (EFE).- The shares of major Chinese gaming companies collapsed on Tuesday after state media once again…
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