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Month: September 2023

Posted on 11/09/2023

China’s Alibaba says Daniel Zhang quits cloud business in surprise move

China's Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the company announced he would leave his roles as group CEO and ... ( read original story ...)

Posted on 11/09/2023

Honor has now announced that the ‘V Purse’ will be launched on September 19 in Shanghai.

Honor showcased a concept phone at the IFA 2023 dubbed V Purse. The company has now announced that the outward folding phone will be launched on September 19. ( read original story ...)

Posted on 11/09/2023

Shanghai Forms Exchange Group to Boost Trading by Private Firms

(Yicai) Sept. 11 -- Shanghai’s local government last week approved the setup of Shanghai Exchange Group, with the aim of encouraging trading by more private companies, according to industry insiders. ( read original story ...)

Posted on 11/09/2023

Exclusive-China’s Central Bank to Peruse Bulk Dollar Purchases – Sources

BEIJING/SHANGHAI (Reuters) - China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time ... ( read original story ...)

Posted on 11/09/2023

Alfa Bank board of directors approves establishing two branches in China

MOSCOW. Sept 11 (Interfax) - The board of directors of Alfa Bank has decided to establish two branches in China, one each in Beijing and Shanghai, the lending institution's press service said in a ... ( read original story ...)

Posted on 11/09/2023

Has Shanghai really turned into a ‘ghost town’? US media’s misinformation campaign about China never ends

US media Newsweek last week published a story with a sensationalized headline, suggesting that Shanghai has turned into "a ghost town." The story quoted a misleading tweet and poured cold water on ... ( read original story ...)

Posted on 11/09/2023

2023 Pujiang Innovation Forum in Shanghai: Advancing Open Cooperation for Greater Technological Innovation Impact

Over the past 16 years, the Pujiang Innovation Forum has steadily increased its global influence, thanks to broad support. It has played a pivotal role in advancing China's innovation-driven ... ( read original story ...)

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