News

China Now Has No Less Than 487 Electric Vehicle Makers

China Now Has No Less Than 487 Electric Vehicle Makers

China now has no less than 487 electric vehicle makers. According to a new report from the Wall Street Journal. Bankrolled by $15 billion in subsidies, with another $47 billion on the way.

Aug 14, 2018
Benjamin Roberts
Two Chinese Flight Attendants have Pled Guilty for Smuggling

Two Chinese Flight Attendants have Pled Guilty for Smuggling

Two Chinese flight attendants have pled guilty to trying to smuggle nearly two-dozen spotted and box turtles in a carry-on bag from Los Angeles to China.

Aug 13, 2018
Benedict Armour
Xpeng Raises USD588 Million to Start EV Production, Build Charging Network

Xpeng Raises USD588 Million to Start EV Production, Build Charging Network

Chinese electric carmaker Xpeng Motor has secured CNY4 billion (USD588 million) in its latest funding round as it looks to…

Aug 10, 2018
James Boynton
Tencent Cloud User Claims $1.6 Million Compensation for Data Loss

Tencent Cloud User Claims $1.6 Million Compensation for Data Loss

Cnclead.Com recently published an article in which it stated that Tencent Cloud’s servers lost all its stored data and called into question the security of the file backup service.

Aug 9, 2018
Yicai Global
Chinese Auto Trio Team Up for Ride-Hailing

Chinese Auto Trio Team Up for Ride-Hailing

Three of China’s biggest automakers have joined hands to form their own ride-hailing firm in an effort to capitalize on the country’s rapidly growing demand in the sector.

Jul 31, 2018
William Clegg
Apple to Start China Clean Energy Fund to Turn Manufacturing Greener

Apple to Start China Clean Energy Fund to Turn Manufacturing Greener

Apple will launch its first investment fund in its biggest manufacturing market to make the electronic products greener and to seek investment opportunities in China's renewable energy sector.

Jul 26, 2018
Emmi Laine
Wuhan Makes Its Own Internet of Things for E-Bikes; Theft Down Nearly 40%

Wuhan Makes Its Own Internet of Things for E-Bikes; Theft Down Nearly 40%

Central China's city of Wuhan has created its own version of the Internet of Thingsto stop residentss'electric bikes from getting stolen.

Jul 13, 2018
Emmi Laine
Giant Pandas Are Contributing Members of Society

Giant Pandas Are Contributing Members of Society

Adorable but sometimes criticized as useless and expensive, giant pandas can now proudly say they are contributing members of society.

Jul 13, 2018
Benjamin Roberts
JD Eyes Global Expansion With USD550 Million Google Tie-Up

JD Eyes Global Expansion With USD550 Million Google Tie-Up

China’s second biggest e-commerce player JD.Com will link up with Google to explore online retail opportunities in overseas markets following a USD550 million partnership agreement.

Jul 12, 2018
William Clegg
Tesla Moves Closer to Setting Up Shanghai Unit

Tesla Moves Closer to Setting Up Shanghai Unit

Tesla move a step closer to establishing a presence in Shanghai with the receipt of a business license for a wholly owned subsidiary in the eastern Chinese city.

Jun 8, 2018
William Clegg
Morgan Stanley Huaxin Funds Will Float China’s First Green Public Fund, Executive Says

Morgan Stanley Huaxin Funds Will Float China’s First Green Public Fund, Executive Says

ESG (environmental, social and governance) is a principle the United Nations advocates that encourages the incorporation of externalities into fund…

May 25, 2018
Benedict Armour
Baidu's First Driverless-Bus Service Will Begin Mass Production in July

Baidu's First Driverless-Bus Service Will Begin Mass Production in July

Robin Li: in July, the driverless bus will carry out the production of baidu plan for three to five years to realize the open road operation.

Apr 13, 2018
Yicai Global

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