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01-Jul-19 China has unveiled a shortened 'negative list' for foreign investment, relaxing or removing ownership restrictions on shipping agencies, gas and heat pipelines in bigger cities, cinemas, value-added telecoms, and oil and gas exploration and development. [image: iStock]
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19-Jun-19 Popular short-form video app TikTok, developed by China's ByteDance, has been slowly ramping up its advertising strategy. However, the company still generates revenue from in-app purchases, and that number hit a high of USD9 million in May 2019. [image: TechCrunch]
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19-Jun-19 Telecom firms are driving 5G initiatives in tele-diagnosis, remote surgeries and smart hospitals across China. As China deals with its ageing society, healthcare will increasingly become a priority area for 5G applications in an effort to reduce care costs. [image: Xinhua]
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10-Jun-19 Vingroup JSC has started work on a smartphone factory with a 125 mn unit capacity. CEO Nguyen Viet Quang said orders from partners in the US and Europe spurred the investment in increasing its current capacity by 25 times. [image: Reuters / Mai Nguyen]
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06-Jun-19 Didi Chuxing, China’s largest ride-hailing platform, is entering Chile and Colombia as it eyes overseas expansion amid stiffer competition at home. The move follows its foray in to Brazil, Mexico, Australia and Japan over the past year or so.
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