VENTURE CAPITAL POST

Russia's Sokol crude faces a backlog, with tankers stranded off Singapore and South Korea due to US sanctions. China emerges as a key importer, aiding clearance.

The new Apple Shenzhen laboratory will improve the testing and research of devices like iPhones and iPads in China as part of its efforts to boost product quality amidst declining sales in the region.

Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.

The US is anticipated to intensify restrictions on China amid a potential TikTok ban in the country.

Former President Donald Trump hinted at implementing stricter tariffs on foreign goods if he secures a second term.

Bobby Kotick, former Activision CEO, seeks to acquire TikTok amid US government inquiry and concerns over data exchange between ByteDance and China.

China's decreasing EV demands are forcing EV makers to become more creative. Here are some of the most peculiar add-ons they now offer.

China's Big Fund raises $27 billion to counter US tech restrictions, aiming for chip self-sufficiency amidst escalating tensions. US tightens curbs as China pushes for autonomy.

The People's Bank of China will allow foreigners to spend up to $2,000 annually on Alipay without ID registration, while Ant Group raises single transaction limits to $5,000 from $1,000.

CoinDesk will hold a consensus in Hong Kong, showcasing the region's progress as a digital asset hub despite regulatory lag in certain areas.

An ex-Google software engineer was charged with stealing AI trade secrets from the company to pass on to two Chinese companies.

China's import and export growth in January and February exceeded expectations.

Russia and China are planning to build a nuclear power plant on the moon by 2035.

Counterpoint Research data shows that iPhone sales in China fell sharply during the first half of 2024.

Besides 12 million jobs, China will also increase defense, technology, and science efforts.