China sent officials to Yichun to supervise local mining after reports of people extracting lepidolite to sell. It is because it causes environmental damage and exploitation without a license. The city government will crack down on crimes involving the lithium battery and new-energy industries. Read More: https://www.globaltimes.cn/page/202302/1286257.shtml
China wants more babies since the population started shrinking for the first time in six decades. Hangzhou will give new parents $2,900 for having a third child this year. However, many Chinese millennials are not getting married in the first place due to a variety of reasons like costs and personal choices. Read More: https://www.businessinsider.com/china-cities-hangzhou-subsidies-marriage-leave-boost-birth-rate-population-2023-2
It is possible that WWDC 2023 could be Apple’s most exciting keynote in years. According to Ming-Chi Kuo, Apple is likely to announce a new AR/MR headset at either the Spring or WWDC events, and this could be accompanied by new Macs and other products. There is speculation that the headset could be unveiled at …
WWDC 2023 Could be Apple’s Most Exciting Keynote in Years Read More »
According to the Hurun Research Institute’s 2022 Hurun Global 500 report, TSMC had a market capitalization of US$404.3 billion (NT$12.25 trillion), surpassing Tencent’s reported US$354.3 billion. Moreover, TSMC had a market value of $430,433 million and revenues of $75,986 million, making it one of the most profitable and valuable companies. References: [1] https://www.taiwannews.com.tw/en/news/4783576 [2] https://www.theepochtimes.com/tsmc-surpasses-tencent-as-highest-value-company-in-asia-as-top-chinese-firms-drop-from-global-500-ranking_4932615.html …
Taiwan’s TSMC Ranked No. 1 on China’s Top 500 Company List Read More »
Bloomberg reported on Friday that Alibaba (BABA.N) co-founder and executive vice chairman Joe Tsai said he plans to sell some of his stake in the company through Morgan Stanley (MS.N). One of Tsai Ing-wen’s holding companies this month applied to sell 3 million American depositary receipts of the Chinese company — about 8% of Tsai’s …
Alibaba Co-founder Joseph Tsai to Reduce Stake in Company Read More »
Wang Xiang, a Qualcomm executive before joining Xiaomi in 2015, will step down as president on Dec. 30, Xiaomi co-founder and chairman Lei Jun wrote in a letter to employees on Thursday. Wang’s role will be replaced by Lu Weibing, who joined Xiaomi in 2019 to lead the Redmi sub-brand, the letter said. Lu, 46, …
Xiaomi Replaces President, Chairman Pledges Investment in R&D Read More »
Singles Day (Double 11) started as a one-day event but has morphed into an 18-day online campaign. This year’s Singles Day featured over 290,000 brands from over 90 countries and regions across 7,000 product categories. Double 11 came and went this year without the star-studded celebrations or mind-boggling revenue reveals. For the first time in …
The Shenzhou-15 spacecraft will blast off to the Tiangong space station at 11:08 pm Beijing time on November 29, the China Manned Space Agency said on Monday. The Shenzhou-15 mission will wrap up the last stage of the space station’s construction and kick off the first stage of its application and development, Ji Qiming, assistant …
Qatar has reportedly invested approximately $220 billion, debatably much more, to stage this mega-event. It’s a record that soars above the sums spent on previous editions that now appear ridiculously cheap. However, Nearer the action, issues with FIFA’s ticketing application—launched just a month before the event—have left some match-goers temporarily stuck outside stadiums after kickoff. …
Qatar Has Spent Well Over $200 Billion on World Cup Read More »
The export-oriented policy is considerably pushing forward overseas trade of Ningxia, which imported and exported 21.4 billion yuan ($3 billion) worth of goods from January to October this year, a 57.6 per cent year-on-year increase, said official statistics. According to statistics provided by Yinchuan Customs, among the exports, about 30 per cent are those sold …
Cross-border E-commerce Brings Opportunities to Inland China City Read More »
