Tag: China
China Mobile in Talks for Potential Acquisition of HKBN
China Mobile, the largest wireless carrier globally, is currently in discussions regarding a potential acquisition of Hong Kong broadband provider HKBN Ltd. The goal is to expand its presence in the city. HKBN's board...
China’s Baidu Enters Race with Meta for AI Smart Glasses
China's tech giant Baidu has recently announced its entry into the competitive market of AI smart glasses, putting it in direct competition with Meta, formerly known as Facebook. Baidu's move signifies the growing importance...
Chinese Tech Giants Establish AI Teams in Silicon Valley – A Strategic Move for...
Chinese tech giants have recently made a strategic move by establishing artificial intelligence (AI) teams in Silicon Valley. This decision reflects their commitment to innovation and growth in the rapidly evolving tech industry.By setting...
Lowering Power Costs in China’s Factory Heartland: Support for Exporters
China's industrial heartland, particularly the southern province of Guangdong, is making efforts to lower electricity prices to support struggling exporters and shift economic challenges to power plants. Negotiations for new annual contracts are underway,...
China Increases Tax Enforcement on Wealthy Individuals and Corporations
China has recently announced an increase in tax enforcement on wealthy individuals and corporations in an effort to crack down on tax evasion and ensure that everyone pays their fair share. This move comes...
China’s Pressure on Taiwan: Insights from Pacific Island Leader
China's Pressure on Taiwan: Insights from Pacific Island LeaderThe president of Palau, one of Taiwan's few remaining diplomatic allies in the Pacific, has spoken out about the mounting pressure from China to sever ties...
Challenges Impacting PwC Profits in Asia: China and Australia Scandals
PwC, one of the leading accounting firms in Asia, is facing challenges that are impacting its profits in the region. Two major scandals in China and Australia have raised concerns about the company's reputation...