PC Financial on its ED probe for Chinese links
Will come out of it soon: PC Financial on its ED probe for Chinese links PC Financial Services Pvt Ltd, a non-banking financial organisation which is being investigated by the Enforcement Directorate (ED) for their alleged link with a Chinese national,…
Modern Land, another Chinese developer, is struggling to pay its debts
Modern Land is asking investors for more time to pay back a $250 million bond, according to a company filing with the Hong Kong Stock Exchange on Monday. The payment was due October 25. Modern Land said it wants to extend that deadline to the end of…
Chinese health management startup releases ‘smart’ toilet seat
BEIJING — Geometry Healthcare, a Chinese startup conducting research and development on a health management system using big data, released a “smart” toilet seat in August that lets users keep tabs on their health. Its app-linked Synsol…
Founder of Chinese Car Maker Geely Launches Smartphone Venture | Technology News
By Josh Horwitz and Brenda Goh SHANGHAI (Reuters) – A new venture from the founder of Chinese automaker Zhejiang Geely Holding will aim to release its first smartphone by 2023 and sell 3 million units in its first year, according to a memo seen by…
Chinese switch to flashlights, generators amid power cuts
SHENYANG, China (AP) — People ate breakfast by the light of smartphones and shopkeepers turned on generators as cities across China enforced power cuts Wednesday to meet official conservation targets and ease shortages in some areas. News reports blame…
False claim that Biden family owns 10% of Chinese battery company
The claim: Biden family owns 10% of prominent Chinese lithium battery company A new conspiracy theory claims President Joe Biden and his family own part of one of China’s biggest lithium battery companies, despite official paperwork refuting the…
Lithuania Looks to Ban ‘Untrustworthy’ Phones After Chinese Censorship Concerns | Technology News
VILNIUS (Reuters) – Lithuania’s Defence Ministry is drafting legislation to ban state institutions from purchasing “untrustworthy” equipment, after finding a censoring feature in a Chinese smartphone company’s flagship…
GM Invests in Chinese Autonomous Driving Startup Momenta | Technology News
BEIJING (Reuters) -General Motors Co said on Thursday it will invest $300 million in Chinese autonomous driving startup Momenta to develop self-driving technologies for future models in China, its first such tie-up in the world’s biggest car…
Xiaomi & Chinese Censorship: Investment Ban Warranted
Xiaomi founder and CEO Lei Jun attends a product launch event for the Xiaomi Mi9 Pro 5G phone in Beijing, China, September 24, 2019. (Jason Lee/Reuters) Lithuania’s new recommendation to toss Chinese smartphones is a lesson for the U.S. In a bombshell…
Lithuania says throw away Chinese phones due to censorship concerns
By Andrius Sytas VILNIUS (Reuters) – Lithuania’s Defense Ministry recommended that consumers avoid buying Chinese mobile phones and advised people to throw away the ones they have now after a government report found the devices had built-in…