Category: F1
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Xiaomi Launches SU7 on March 28, Has More Than 100,000 Preorders
More than 100,000 reservations have been made for the SU7, the first electric car from Chinese manufacturer Xiaomi. Customer test drives of the car will [more…]
Alibaba Cuts Prices of Core Cloud Products by 55%
There is intensifying competition in China’s cloud computing market as several large Chinese competitors have announced price reductions on their primary offerings. Alibaba Cloud, the [more…]
SMIC to Begin Production of Huawei 5nm Processor
Semiconductor Manufacturing International Corp (SMIC), the biggest chipmaker in China, is about to start mass producing new-generation 5-nanometer chips that Huawei developed. SMIC intends to make [more…]
New Stock Market Stabilization Measures Discussed
Early on Tuesday, Chinese stocks surged as policymakers discussed a set of steps to steady the falling market. Authorities are attempting to raise roughly 2 trillion [more…]
Xiaomi Releases First Electric Car SU7
Xiaomi has revealed the SU7, its first electric car to compete with Tesla and Porsche for a spot among the top five automakers in the [more…]
China ETFs See Record Inflows
According to mutual fund firm China Asset Management Co (ChinaAMC), China’s exchange-traded funds (ETFs) have experienced an annual net inflow of over 400 billion yuan [more…]
Saudi Arabia and China to Commence 50 Billion Yuan Swap Line
China and Saudi Arabia have strengthened their relationship by signing a $7 billion local currency swap agreement, as more Middle Eastern nations move their trade away [more…]
Xiaomi SU7 Car Images Released
Chinese carmaker Xiaomi filed an application to produce its first electric vehicles (EVs), releasing the first pictures of the business’s automotive venture. A branch of [more…]
Brazil Settled First International Yuan Loan
A step towards the internationalisation of the Chinese currency has been accomplished with the completion of the first cross-border commercial loan in Brazil denominated in [more…]
YMTC Makes Breakthrough in Memory Technology
China’s leading memory chip manufacturer, Yangtze Memory Technologies Co (YMTC), has quietly produced the world’s most advanced 3D NAND memory chip, according to TechInsights. This [more…]