By Our Reporter US Secretary of State Antony Blinken called on China to refrain from cooperating with Russia and assisting it in its war against Ukraine and warned that Washington could increase sanctions against Beijing during a meeting with Chinese leader Xi Jinping, NBC News reported. “Russia would struggle to sustain its assault on Ukraine…
ByteDance, the Chinese parent company of TikTok, has unequivocally declared that it has no intention of selling the immensely popular video app despite mounting pressure from US regulatory mandates By Ken Ibenne In response to recent legislation compelling the sale of TikTok’s US operations or facing potential bans, ByteDance affirmed its stance through its official…
Chabaidao, a Chinese bubble tea chain, had its shares fall nearly 40% on its Hong Kong stock exchange debut By Ken Ibenne At its IPO price of HK$17.50, the stock, formally listed as Sichuan Baicha Baidao Industrial, dropped as low as 10.84 Hong Kong dollars in the late morning, or around 38% less. According to…
By James Ovie China Telecom released the latest operating data announcement: the number of mobile users in March was 412 million, a net increase of 1.91 million in the same month; of which the number of 5G package users was 329 million, a net increase of 4.66 million in the same month. In addition, China…
According to China Aerospace Science and Technology Group Co., Ltd., the world’s largest ethanol project was successfully launched for the first time. It successfully started up and produced high-quality ethanol, marking China’s progress in the field of converting coal-based methanol into clean energy ethanol. The independent research and development technology has reached the world’s leading…
By Paschal Abu The Financial Associated Press, Blue Whale reporters learned from industry insiders close to Tesla that after three consecutive price increases, Tesla will raise the price in the Chinese market again next week. Recall that on November 14, 2023, the price of the refreshed Tesla Model 3 rear-wheel drive version increased by 1,500…
