china

SenseTime

Exclusive: China’s SenseTime expects $750 mln 2019 revenue despite US ban – sources

BEIJING – Chinese artificial intelligence start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 annual revenue to increase by more than 2...

Platform News: Huawei Technologies

Trump says Huawei is a security risk as NATO seeks secure 5G

WATFORD, England – US President Donald J Trump said on Wednesday that Chinese telecommunication firm Huawei was a security risk after NATO said it needed secure next-generati...

Platform News: Nintendo and its Switch console

Nintendo’s Switch gaming console launches in China on December 10th

Japanese gaming icon, Nintendo will officially launch its Nintendo Switch gaming console in mainland China on December the 10th. The retail price is 2,099 yuan ($298.20), local par...

Huawei shop

Exclusive: White House considered kicking Huawei out of US banking system – sources

WASHINGTON – The Trump administration considered banning China’s Huawei from the US financial system earlier this year as part of a host of policy options to thwart the...

Smartphone Apps News: ByteDance and TikTok

TikTok accused in California lawsuit of sending user data to China

SAN FRANCISCO – A California college student has accused popular video-sharing app TikTok in a class-action lawsuit of transferring private user data to servers in China, des...

Platform News: Xiaomi

Xiaomi launches online lending service in India

NEW DELHI – Chinese smartphone maker Xiaomi Corp launched its online lending service in India, widening its offering of financial products in one of the world’s biggest...

Huawei shop

Huawei urging suppliers to break the law by moving offshore

China’s tech giant Huawei has been encouraging its suppliers to violate US law by telling them to move operations offshore in a bid to avoid US sanctions, Commerce Department...

5G networks

Merkel wants Europe to aim for joint stance on China and 5G

BERLIN – Long-time German Chancellor Angela Merkel called on European countries on Wednesday to agree a common approach towards China and the roll-out of the next generation ...

ByteDance sign

Exclusive: China’s ByteDance moves to ringfence its TikTok app amid US probe – sources

NEW YORK/WASHINGTON/BEIJING – ByteDance has stepped up efforts to separate its social media app TikTok from much of its Chinese operations, amid a US national security panel&...

Platform News: Huawei Technologies

US unveils procedure to shield telecom networks from national security threats

WASHINGTON – The United States on Tuesday set out a procedure to protect its telecommunications networks and their supply chains from national security threats, saying it wou...

China Platform Economy

China plans stronger protections for intellectual property

Yesterday, China declared it would seek to improve its much criticised protections for intellectual property rights, including raising the upper limits for compensation for proven ...

Bitcoin China

Bitcoin plummets to a six-month low on China crackdown

LONDON – Bitcoin slumped to a six-month low on Friday after China’s central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuin...

China

China central bank cracks down on cryptocurrency trading in Shanghai

SHANGHAI – China’s central bank launched on Friday a fresh crackdown on cryptocurrency trading in the financial hub of Shanghai, after Beijing’s promotion of bloc...

Megvii IPO

Exclusive: Blacklisted Megvii’s $500 million Hong Kong IPO hit by regulatory setback – sources

HONG KONG – Chinese AI firm Megvii Technology’s plans for a $500 million listing in Hong Kong have been dealt a setback, with regulators in the city asking the company ...