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January 28, 2022

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Stellantis eyes greater stake of GAC JV in Chinese overhaul

Reuters
The logo of Stellantis is seen in this image provided on November 9, 2020. Communication FCA /Handout via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register Stellantis says stake in JV would increase to 75% GAC says no formal agreement agreement signed JV produces Jeep-branded vehicle in......

Chinese companies boost overseas investment in consumer products, EV supply chain

CNBC
CNBC – For more and to sign up click here Chinese battery giant Contemporary Amperex Technology (CATL), pictured here on April 2, 2020, broke ground on its first overseas factory in Germany in late 2019 and plans to add up to 2,000 jobs there by 2025. Martin Schutt | picture......

Crackdown on Chinese IPOs in the U.S. could make investors think twice about betting on tech

CNBC
CNBC – For more and to sign up click here Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters BEIJING — Investors may have to think twice......

Chinese internet giant NetEase opens another gaming studio in Japan as international push continues

CNBC
CNBC – For more and to sign up click here The NetEase Games booth at the China Joy conference in Shanghai on July 30, 2021. Arjun Kharpal | CNBC Chinese internet giant NetEase has opened another gaming studio in Japan as the company continues to expand overseas. The Hangzhou-headquartered company......

International Olympic Committee picks Chinese uniform supplier suspected of using slave labor

USA TODAY – For more and to sign up click here Jerry Dunleavy The International Olympic Committee claims its Chinese Communist Party-linked uniform suppliers did not use Uyghur slave labor — at least not for the official Beijing Olympics garments. The qualified claim came in response to a letter sent......

Taiwan reports new large-scale Chinese air force incursion

Reuters
TAIPEI, Jan 23 (Reuters) – Taiwan on Sunday reported the largest incursion since October by China’s air force in its air defence zone, with the island’s defence ministry saying Taiwanese fighters scrambled to warn away 39 aircraft in the latest uptick in tensions. Taiwan, which China claims as its own......

U.S. suspends 44 U.S flights by Chinese carriers after China action

Reuters
A passenger wearing a mask, amid the health threat of novel coronavirus, arrives on a direct flight from China at Chicago’s O’Hare airport in Chicago, Illinois, U.S., January 24, 2020. REUTERS/Kamil Krzaczynski/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Jan 21 (Reuters) – The U.S. government......

Meituan backs A.I. chip start-up as Chinese tech giants pour money into semiconductors

CNBC
CNBC – For more and to sign up click here China laid out seven “frontier” technologies in its 14th Five Year Plan. These are areas that China will focus research on and include semiconductors and brain-computer fusion. Yuichiro Chino | Moment | Getty Images And e-commerce giant Alibaba took the......

Britain’s MI5 spy service warns lawmakers over Chinese agent of influence

Reuters
LONDON, Jan 13 (Reuters) – Britain’s domestic spy service MI5 has warned lawmakers that the Chinese Communist Party has been employing a woman to exert improper influence over members of parliament. MI5 sent out an alert and picture of the woman named Christine Lee on Thursday alleging she was “involved......

Another Chinese city detects Omicron case as Tianjin outbreak expands

Reuters
People line up at a testing booth to get a nucleic acid test as the coronavirus disease (COVID-19) outbreak continues in Beijing, China, January 12, 2022. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register BEIJING, Jan 13 (Reuters) – The Chinese port city of Tianjin reported an......

Chinese e-commerce giant JD.com sets challenge to Amazon with first ‘robotic shops’ in Europe

CNBC
CNBC – For more and to sign up click here JD.com has opened two physical stores in the Netherlands under the brand Ochama. The Chinese e-commerce giant says the shops will be cashierless with robots helping to pick and sort items. JD.com Chinese e-commerce giant JD.com has opened two retail......

Shares of Chinese developer Shimao jump on report that it’s selling all of its real estate projects

CNBC
CNBC – For more and to sign up click here Pedestrians near the Riviera Garden residential property, developed by Shimao Group Holdings Ltd., in Shanghai, China, on Saturday, Jan. 8, 2022. Qilai Shen | Bloomberg | Getty Images Shares of Shimao spiked nearly 7% on Monday after Chinese business publication......

Map drawn from memory helps reunite kidnapped Chinese man with family

BBC
“Thirty-three years of waiting, countless nights of yearning, and finally a map hand-drawn from memory, this is the moment of perfect release after 13 days,” Mr Li wrote on his Douyin profile ahead of the anticipated reunion. “Thank you, everyone who has helped me reunite with my family.” BBC –......

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