Yearly Archives: 2023
Micron’s CEO Visits China’s Ministry of Commerce, Demonstrating Strong Foreign Investment Interest
Micron Technology's CEO, Sanjay Mehrotra, paid a visit to China's Ministry of Commerce on July 19, as reported by China's "Daily Economic News."Micron Technology...
Taiwan’s New Richest Person: AI Propels Him to the Top, Worth $9.4 Billion, Ranks 220th Globally
Taiwan's new richest person has climbed to the top with AI, with a net worth of $9.4 billion, ranking 220th globally, according to data...
NEO Group’s Controlling Shareholder Receives Life Imprisonment for Illegal Fund Accumulation of CNY 102.6 Billion
NEO Group (NEO Capital Management Group Co., Ltd.), a mainland Chinese financial services institution primarily engaged in internet finance, wealth management, and investment management,...
China Develops Valuation Robot Based on ChatGPT
China's capital market is in need of an AI technology revolution. Despite its 40 years of development, the Chinese capital market is still considered...
Ant Group and Tencent’s Billion-dollar Fines: Signals and Key Questions
Ant Group and Tencent have recently been fined billions of yuan, generating significant attention. On the evening of July 7th, the People's Bank of...
China’s apparel export market shows structural changes
Facing weakened global demand and increasing trade challenges, China's clothing export industry is actively exploring emerging markets, innovating trade models, stabilizing export volumes, and...
China to Restrict Semiconductor Material Exports, Goldman Sachs Urges $25 Billion Investment in Rare Earth Production
Mainland China recently announced that it will restrict the export of two key metal materials, gallium and germanium, used in semiconductors and new energy...
Alipay Releases 1H Data: Hong Kong Tops Outbound Travel Destinations
With the easing of post-pandemic travel restrictions, an increasing number of people from mainland China are choosing to travel abroad. On Thursday (6th), Alipay...
China Strikes Back against Western Sanctions! Export Controls on Gallium and Germanium Semiconductor Materials Effective from August
On Monday, the Chinese Ministry of Commerce and the General Administration of Customs issued a notice stating that, in order to safeguard national security...
Amazon Discontinues Kindle eBook Operations in China, Once Accounting for 40% of Global Market
In accordance with its pre-planned decision, American tech giant Amazon has officially halted its Kindle online service in China as of June 30. This...
Cross-border Payment Tool Thunes Expands into the Chinese Market, Applying for Third-party Payment License
Overseas cross-border payment platform Thunes is making its entry into the Chinese market and currently applying for a domestic third-party payment license in China....
LVMH CEO Visits Beijing Stores with Children, Optimistic for Chinese Market
On June 27th, Bernard Arnault, the former world's richest person and the CEO of LVMH Moët Hennessy Louis Vuitton, the French luxury goods conglomerate,...
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