Le.com, the Shenzhen-listed arm of embattled Chinese conglomerate LeEco, said Tencent, JD.com, Suning Sports and TCL have shown interest in investing in Leshi Zhixin, the TV manufacturing subsidiary of the company, Yicai.com reported. Though official agreements have not yet been signed, Linzhi Lichuang, an investment entity of the Internet giant...
There must be something about the number three and unicorns in China – unicorn is the term used in China for companies which have a market value of more than US$1 billion, or 6.28 billion yuan. First, 33 new unicorns were created in China in the first quarter of this...
“Silence is not an option,” read a placard at protests in Delhi against the rapes of young girls in two Indian states. But being silent, not having an opinion or not voting in elections is not in any way antithetical to the idea of democracy. It is essential that...
Global reliance on advanced technology, ranging from major home appliances to computers to microchips to medical devices, makes the demand for rare-earth metals high and ongoing. Rare-earth metals or elements, also known as rare earths, are a group of 17 chemically similar elements crucial to the manufacture of many...
Alibaba is planning to invest 4.5 billion yuan (US$720 million) in Huitongda Network Co., a rural e-commerce subsidiary of Jiangsu Five Star Appliances Co., to explore its “New Retail” strategy in the rural areas, The Paper reported. The two parties will collaborate on the supply chain, logistics and technology to upgrade...
Elections are expected in Bangladesh soon, as by law they must take place between October 31 and December 31 this year. This is not an easy prospect either for Bangladesh or for its principal neighbor, India. The previous general election in 2014 was marred by violence and was boycotted by the Bangladesh...
The joint US/French/British attack on Syria’s chemical-warfare facilities was undoubtedly a proper response on the part of the three participants in the face of President Bashar al-Assad’s barbaric butchery of innocent civilians through the use of chemical agents. It is hoped that this incident, along with the Russian use of...
Last week was a most unusual one for US President Donald Trump’s administration. There was no high-level firing: The only dismissal of any note was that of the White House aide in charge of homeland security, who was forced out at the behest of John Bolton, who had just...
The State Council has passed a guideline to accelerate the development of “internet + medical and health care,” while clarifying the regulatory and safety baseline of the industry, Yicai.com reported. The guideline makes clear the regulations for strengthening medical quality supervision and ensuring data security. Internet hospitals must be based...
FAW Group, a Chinese state-owned automotive manufacturing company, is partnering with Internet giant Tencent to conduct R&D in the area of high-level automatic driving, The Paper reported. The cooperation between the two firms will focus on The Internet of Cars and big data. The relevant results will be first applied...