Category: News

China’s Beidou Satellite System Finds Another Application: Sending Early Warnings For Landslide

The China Geological Survey of the Ministry of Natural Resources has developed a first-generation landslide instrument and intelligent early warning system in conjunction with more than 20 universities and research institutes. This early warning system……


American Businesses Operating In Southern China Optimistic About Trade

The American Chamber of Commerce in South China released its 2021 White Paper on the Business Environment in China and 2021 Special Report on
The data American Businesses Operating In Southern China Optimistic About Trade appeared on ChinaSourcingNews…….


China, With 1.4 Billion People, Faces Looming Demographic Crisis

For countries with a population of over 100 million, China is the country with the fastest structural changes, declining birthrate, and fastest-aging population. China, with its 1.4 billion people, is facing a looming demographic crisis that could pote……


Labor Dispute Soars At Chinese Tech Giants Driven By Insufficient Innovation, Competition

In recent years, Chinese Internet companies have seen a rapid rise of employee labor disputes. According to public data, there were 39,700 new labor dispute cases in 2020, up from 10,700 cases in 2016. The number of labor disputes at Chinese tech compa……


China Tech Digest: Luckin Coffee Files For Bankruptcy In New York

Luckin Coffee files for bankruptcy protection in New York Luckin Coffee filed for bankruptcy protection in New York under Chapter 15 of the US Bankruptcy Law. All the company’s stores in China are still open and providing services to customers, a……


SMIC CEO Zhao Haijun Says Company Can Ensure Continuous Production For 3 Months

SMIC Co-CEO Zhao Haijun said on the fourth quarter earnings conference call today that “So far, no customers have been found determined to leave SMIC.” The Chinese chip maker can ensure continuous production for three months. SMIC has established a spe……


Pandemic Pushes China’s Sports Tech To New Heights And New Models

China’s fitness industry underwent a boom during the pandemic. It also sought to innovate and find new models that work better in a new and more confined lifestyle. Investors favor food technology and health technology in the next ten years. It c……


China Tech Digest: SMIC To Expand Production Of 12-Inch Lines

SMIC plans to expand the production of mature 12-inch production lines by 10,000 pieces this year Zhao Haijun and Liang Mengsong, co-CEOs of SMIC, said that the current capacity of the foundry industry is tight, especially the demand for mature process……


How One Chinese Self-Driving Firm WeRide Moved Closer To Sustainability

Just one month into 2021, there have been waves of big news in the field of autonomous driving. On January 14, Chinese autonomous driving company WeRide raised US$310 million for its series B round of financing. Investors include Zhengzhou Yutong Group……


The Ball Of De-Americanization Starts Rolling As China Seeks Secure Supply Chains

There were 413 equity investment cases in the domestic semiconductor industry in 2020, with an investment amount of more than RMB140 billion yuan, which is nearly five times as much as the investment of about RMB30 billion yuan recorded in 2019, accord……