Lockdown in the economic metropolis of Shanghai comes into force

Peking The 25 million metropolis of Shanghai is going into the corona lockdown in two phases. The districts east of the Huangpu River have been cordoned off since 5 a.m. Monday morning. The financial district and numerous industrial parks are located there. The residents are not allowed to leave their apartments until Friday and will … Read more

Why China has more to lose in the tech conflict with the US

Qingdao A recent study from China lists the country’s weaknesses in technological competition with the USA – and apparently aroused the displeasure of government agencies. The investigation, which was published in the Wechat app at the end of January, was “deleted by the author” four days later, according to the app without further explanation. However, … Read more

Why the billion-dollar IPO in New York is risky

Transport agent Didi The IPO is the temporary culmination of the rapid development in recent years. It should be the largest IPO in the US since Alibaba in 2014. – (Foto: Bloomberg) – – – – Peking At first glance, Cheng Wei doesn’t necessarily look like someone whose company has made it into a quasi-monopoly in … Read more

Nio, Aiways, Xiaopeng – China’s e-car manufacturers are conquering Europe

Elektro-SUV Aiways U5 State-of-the-art technology, but poor security values. – (Foto: Aiways) – – – – Shanghai, Munich When Samuel Fu speaks of Europe, he raves about it. “The European market is booming compared to China,” says the co-founder of the Chinese automaker Aiways. The public charging infrastructure is better and growth is faster. While the … Read more

Quick look | Tencent’s market value hits a new high: breaking 7 trillion Hong Kong dollars, super state-owned six major banks_Tencent Holdings

Original title: Quick Look | Tencent’s market value hits a new high: Breaking 7 trillion Hong Kong dollars, exceeding the sum of the six state-owned banks Image source: Visual China Reporter | Yuan Weiteng Reporter | Yuan Weiteng On January 25, Jiemian News learned that the Hong Kong stock Tencent Holdings continued to rise after … Read more