Chinese President Xi Jinping visited Saudi Arabia in December 2022, meeting with King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman. The two countries agreed to cooperate on Saudi ... ( read original story ...)
Virgin Atlantic pulls out of China, axes Heathrow-Shanghai route
VIRGIN Atlantic Airways is suspending flights between London Heathrow and Shanghai from October, abandoning the only route it operates to China because of the high cost associated with avoiding ... ( read original story ...)
Nisun grain business secures corn supply
SHANGHAI, CHINA — Nisun International Enterprise Development Group Co., Ltd., a technology- and industry-driven integrated supply chain solutions provider, has secured more than 50,000 tonnes of corn, ... ( read original story ...)
Huawei sets up $1.4B R&D center in Shanghai as AI, chip race heats up
Huawei Technologies has almost completed the construction of a chip research and development center in Shanghai, a move which could advance China's technological ambitions amid U.S. export ... ( read original story ...)
Huawei Invests $1.4 Billion in New Shanghai Center Amid Intensifying Chip War
Huawei Technologies Co is on the brink of finishing the construction of a chip research and development center in Shanghai. This development is poised to bolster China’s technological advancements ... ( read original story ...)
Cutting-Edge Technology Could Massively Reduce the Amount of Energy Used for Air Conditioning
Roughly 10 percent of the world’s energy is used for cooling, with much of the necessary electricity generated by fossil fuels. Companies need to make AC much more efficient—as soon as possible. ( read original story ...)
PwC Layoffs: Firm Considering Firing Half Of Financial Services Auditing Staff In China, Says Report
PwC is contemplating reducing its financial services auditing workforce in China by as much as half, according to a Reuters’ report citing sources. This move comes amid a regulatory inquiry and a ... ( read original story ...)