Amid growing geopolitical tensions, the latest indication of U.S. tech giant Microsoft’s (MSFT) retreat from China is the shuttering of its IoT ... ( read original story ...)
Microsoft shutters AI lab in Shanghai, signalling a broader pullback from China
The IoT & AI Insider Lab in the Zhangjiang hi-tech zone likely closed in January or February, nearby workers say. ( read original story ...)
Vanke unit Onewo to buy remaining stake in Shanghai Xiangda for $120 million
(Reuters) -Chinese property developer Vanke's residential property management unit Onewo said on Monday it will take full ownership of the real estate development firm Shanghai Xiangda for 870.3 ... ( read original story ...)
Shanghai’s largest pure car and truck carrier given a name
Shanghai' largest pure car and truck carrier, which is under construction, can carry a maximum of 8,600 vehicles. [Photo provided to China Daily] Shanghai's largest pure car and truck carrier (PCTC), ... ( read original story ...)
Chinese tech firms found secretly poaching top Taiwanese talent
SMIC (Semiconductor Manufacturing International Corporation), China’s largest chipmaker, is already on the US Entity List – a kind of blacklist – and has used a Samoan front company to operate in ... ( read original story ...)
China to recapitalise 4 big banks with 500b yuan
China’s Finance Ministry will inject 500 billion yuan (S$92 billion) into four of the nation’s largest state banks via share placements, following through on a pledge to beef up capital buffers. Read ... ( read original story ...)
Prada Unveils Wong Kar Wai-Inspired Restaurant in Shanghai
Prada is set to redefine luxury dining in China with the launch of its first standalone restaurant in Asia, a collaboration with renowned Hong Kong director Wong Kar Wai. The restaurant, named Mi ... ( read original story ...)