TikTok US assets still face uncertainty as Trump government winds down
The US has reportedly granted ByteDance — the parent company of TikTok — a new seven-day extension of an order that directs the Chinese technology company to divest its short ...
Reduced to meeting online, global airlines vow to keep fighting
For an industry that prides itself on bringing people together, it was a particular humiliation for airlines to have to resort to video conferencing for their annual industry meeting this ...
EU to be self-sufficient in EV batteries by 2025
The European Union could produce enough batteries by 2025 to power its fast-growing fleet of electric vehicles (EV) without relying on imported cells, European Commission Vice President Maros Sefcovic said ...
Beijing aims to be a major international venture capital center
Beijing has formally launched an international venture capital cluster in partnership with two municipal districts, aiming to transform the city into a hub for international venture capital.
US Thanksgiving dinner cost down 4 pct due to COVID-19 pandemic: survey
The average cost of this year's Thanksgiving dinner declined by 4 percent from last year, as celebrations will look different for many Americans due to the COVID-19 pandemic, according a ...
Concerns about export restrictions drive up rare-earth prices
Chinese export control law that will take effect starting on December 1 may include rare earth as a retaliatory measure responding to US sanctions over chip supplies targeting Huawei, experts ...
China civil aviation regulator releases detailed guidelines for imported cargo transport
China's civil aviation regulator has released detailed guidelines for imported cargo transport, a move aimed to minimize the risk of infection given recent cases showing epidemic spread from cold-chain storage ...
New UK ban on Huawei 'hits trust'
The UK's latest move to act in line with the US in cracking down on Chinese companies provoked Beijing on Wednesday, with the Chinese Foreign Ministry making a rare comment ...
China-Russia trade likely to rise this year despite global stagnation
Despite fallout from the pandemic and disruptions to the world economy, trade between China and Russia, driven by profound political mutual trust and cooperation even in hard times, is strongly ...
Regulator approves Ant units' ABS issues
In what is seen as a positive signal to the market, Chinese regulators have approved asset-backed securities (ABS) issues by two online lending subsidiaries of the Ant Group. The move ...
CAS president lists technology 'bottlenecks' faced by country
China should enhance research and development of strategic sciences and technologies to support their independence and sustainability, said Bai Chunli, president of the Chinese Academy of Sciences (CAS), on the ...
Mexico expects Chinese firms to invest in high tech and auto industries: Mexican ambassador
Mexico has extended the hand of friendship to Chinese auto related and high-tech companies to invest in the country aimed at strengthening manufacturing and e-commerce sectors in the post-COVID-19 era, ...
China to review new energy vehicle sector amid concerns of oversupply
The National Development and Reform Commission, the body overseeing China's economic policy, has issued a “non-public” notice that it intends to review investment and production practices within China's new energy ...
Global COVID-19 QR code key to restart
One of China's distinct solutions to combat COVID-19 pandemic is setting up an international mechanism consisting of a QR health code as proposed by China's top leader over the weekend. ...
Consumers shun Black Friday as cargo-related virus cases rise
As retailers and e-commerce platforms are busy preparing for the Black Friday sale, Chinese consumers, who had an increasing role in the annual US shopping event last year, are holding ...
China in driver's seat to push digital innovation
Despite the COVID-19 pandemic, China remains firmly in the driver's seat to push for do-mestic innovation and digitalization, a conclusion widely agreed on at the annual World Internet Conference (WIC) ...
US companies see new era under Biden
US multinationals aim to clear away a stumbling block, the Trump administration's protectionism and anti-globalism, to push forward their international plans, in particular their exploration of the Chinese market, experts ...
China is a leader in digital evolution, but still calls for global cooperation: WTO
With the largest share of patent applications in information and communication technology (ICT), China has played a significant role in boosting global digital economy, according to a report released by ...