Shanghai Beat

Updates from February, 2019 Toggle Comment Threads | Keyboard Shortcuts

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  Eudora Wang 4:59 pm on February 20, 2019 Permalink  

  China Expands Global Footprint With Merged Funds To Invest In Africa, Latin America 

  

  China has merged two outbound investment vehicles, both backed by the country’s foreign exchange regulator with focuses on African and Latin American investments, to finance Chinese companies seeking to expand footprints in these regions, according to a report posted by Chinese financial media outlet Caixin on Tuesday. The State Administration of Foreign Exchange (SAFE) has […]

  China Expands Global Footprint With Merged Funds To Invest In Africa, Latin America comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 6:39 pm on February 19, 2019 Permalink  

  Alibaba Raises Stake In Chinese Investment Bank CICC Via $230M Deal 

  

  Alibaba Group has become the second-largest shareholder of Chinese investment banking firm China International Capital Corporation Limited (CICC) by raising its stake to approximately 11.74% in a deal worth over HK$1.81 billion (US$230.60 million), Alibaba confirmed with China Money Network on late Tuesday. The deal enables Alibaba to hold around 203 million CICC’s H shares, […]

  Alibaba Raises Stake In Chinese Investment Bank CICC Via $230M Deal comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 3:22 pm on February 19, 2019 Permalink  

  China To Debut The World’s First 5G Railway Station By End 2019 

  

  China is set to debut what it bills as "the world’s first 5G railway station" in Shanghai in late 2019, through the deployment of a 5G digital indoor system to provide ultra-fast data speeds to passengers, the country’s state-owned media People’s Daily reported on Tuesday. The 5G digital indoor system (DIS), expected to provide data […]

  China To Debut The World’s First 5G Railway Station By End 2019 comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Eudora Wang 10:59 am on February 13, 2019 Permalink  

  China Seeks To Lead The World’s 5G Race With Its First Smart Highway 

  

  China has debuted its first 5G smart highway project in the country’s central landlocked Hubei province in early February — the latest attempt made by China to drive itself into an era of transportation efficiency armed by the next generation of cellular mobile communications. The 5G smart highway project is currently in the process of […]

  China Seeks To Lead The World’s 5G Race With Its First Smart Highway comes originally from China Money Network. All Rights Reserved.

  Read the original article: China Money Network

   
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  Technode 12:09 pm on January 29, 2019 Permalink  

  Why 2019 Will Be A Bellwether Year For Tech Entrepreneurs In China 

  

  This article by Rami Blachman originally appeared on TechNode, the leading English authority on technology in China The Wall Street Journal reported recently that Americans who flocked to China 15 to 20 years ago to build factories and open restaurant chains have despaired of the soaring labor costs, creeping regulation and the sour mood brought about […]

  Why 2019 Will Be A Bellwether Year For Tech Entrepreneurs In China appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Eudora Wang 1:20 pm on January 21, 2019 Permalink  

  Chinese Self-Driving Start-Up Roadstar.ai Dismisses Co-Founder Zhou Guang 

  

  Chinese self-driving technology start-up Roadstar.ai has dismissed its co-founder and chief scientist Zhou Guang due to his wrongdoing including counterfeiting data and accepting kickbacks, said Roadstar.ai in a statement released on its WeChat official account earlier today. According to the statement, Zhou was denounced as "non-compliance" with the company’s code management regulation "on a long-term […]

  Chinese Self-Driving Start-Up Roadstar.ai Dismisses Co-Founder Zhou Guang appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Katherine Guo 7:13 pm on January 16, 2019 Permalink  

  DealShot: Ceyuan Ventures Joins Pre-A Round In Chinese Blockchain News Platform DeepChain 

  

  China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.

  DealShot: Ceyuan Ventures Joins Pre-A Round In Chinese Blockchain News Platform DeepChain appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Violet Tang 12:25 pm on January 16, 2019 Permalink  

  Cotton Seeds On China’s Chang’e-4 Lander Are First Sprouts In Space 

  

  Cotton seeds sent to the Moon by China’s Moon lander Chang’e-4 have sprouted in a controlled canister, making it the first lunar germination ever completed, scientists at China’s Chongqing University announced yesterday. The unmanned Chang’e-4 probe is equipped with a canister which forms a mini biosphere and contains the seeds of cotton, rapeseed, potato and […]

  Cotton Seeds On China’s Chang’e-4 Lander Are First Sprouts In Space appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Violet Tang 12:04 pm on January 14, 2019 Permalink  

  China Reiterates Positive Policy To Attract Foreign Direct Investment 

  

  China will reduce restrictions on foreign investment after considering difficulties faced by foreign enterprises investing in the country, the commerce minister Zhong Shan said in an interview to state media on Sunday. Commerce Minister Zhong Shan said China would allow full foreign ownership of companies in more areas of the economy and would reduce the […]

  China Reiterates Positive Policy To Attract Foreign Direct Investment appeared first on China Money Network.

  Read the original article: China Money Network

   
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  Eudora Wang 12:19 pm on January 3, 2019 Permalink  

  China’s Unmanned Chang’E 4 Spacecraft Succeeds In Landing On Far Side Of Moon 

  

  China’s unmanned Chang’e-4 probe has successfully landed on the far side of the moon this morning at around 10:30, marking the most significant leap taken by Beijing to compete with the United States in space.

  China’s Unmanned Chang’E 4 Spacecraft Succeeds In Landing On Far Side Of Moon appeared first on China Money Network.

  Read the original article: China Money Network