Ant Group, known in the West for Alibaba & TMall platforms along with their AliPay online payment platform, is set to purchase another Western payment provider. Reuters reports Dutch firm MultiSafepay is said to be close to $200 mill. deal. reuters.com/markets/deals/an…
Conciliatory tone from Xi: China ready to be partner & friend of the US. As he tries to bypass the media and speak direct to the US public, will it change the American view, particularly business? reuters.com/world/xi-tells-u…
Meta strikes deal to return to China 14 years since Facebook was banned, selling low-cost virtual-reality headsets in partnership with WeChat owner, Tencent. Cheaper than Apple's offering, hopes are to boost sales in China's lucrative market. reuters.com/technology/meta-…
Sad news that The China Project @thechinaproj is shutting due to 'politically motivated attacks'. We need more in-depth, educated, expert debate around China-West issues, not less, at a time when mainstream media is sensationalist and poorly informed.
Apple shares fall for 2nd day as Chinese government workers reportedly banned from using iPhones.
Apple's market valuation falls by 6% before iPhone 15 launch expected tomorrow. Meanwhile, Huawei's Mate 60 Pro smartphone shows off new Kirin processor. bbc.co.uk/news/business-6674…
The Institute of Directors @The_IoD today published research revealing that 35% of UK importers feel impacted by geopolitical pressures, particularly in relation to China, & are currently examining their supply chains.
iod.com/news/eu-and-trade/io…
Chinese social media platform WeChat has introduced Palm Pay allowing users to complete transactions by scanning their palm.
More: backboneitgroup.com/resource…
Baidu Inc, the leading search engine giant in China, shows it's here to stay, exceeding both revenue and profit estimates due to China's rapid economic rebound post Covid reopening.
backboneitgroup.com/resource…
Baidu, China's largest search engine, posts performance improvements in spite of Covid restrictions, signalling positivity for 2023. More: backboneitgroup.com/resource…
Baidu reveals the launch of its own ChatGPT called ERNIE Bot (or wénxīn yīyán), testing next month. Baidu shares leap to highest level for close to a year.
cnbc.com/2023/02/07/baidu-sh…
China's predicted growth brings hope to global economy.
backboneitgroup.com/resource…
£50 million boost for Eden Project North in Morecambe from government's Levelling Up fund. It will "transform the local economy and have a transformative effect not just on Morecambe but the whole region," says Lancaster City Council leader. itv.com/news/granada/2023-01…
£213 million 'Levelling Up' win for North West of England from Government. Lancaster & Morecambe, Blackpool, Preston, Accrington, Hyndburn & Blackburn all receive cash to ‘spark transformational change’
lancashirebusinessview.co.uk…
Commons Speaker Sir Lindsay Hoyle urges MPs to avoid using their phone for sensitive conversations or even having it in the same room during them. We are 'hopelessly slack' about information security, says one MP.
bbc.co.uk/news/uk-politics-6…
Sunak rolls back from seeing China as a threat to UK security. Ditching his comment in the leadership race where China was "the largest threat to Britain & the world’s security & prosperity", the reality of the required changes for U.K foreign policy bite. politico.eu/article/rishi-su…
China releases measures to optimize COVID-19 response including cutting quarantine period for close contacts and inbound travel. See english.news.cn/20221111/d43…
Apple has begun producing the iPhone 14 in India as the company looks to shift supply chains out of China. India represents the 2nd largest smart phone market worldwide bbc.co.uk/news/business-6304…
More than a million bottles of whisky to leave Scotland in first direct shipping container service to China as the new shipping route begins.
bbc.co.uk/news/uk-scotland-s…
Rishi Sunak proposes closing all UK Confucius Institutes, "preventing the soft-power spread of Chinese influence"
China-bashing is getting crazy - curbing China's security threat is one thing, taking down culture and language programmes is surely another? theguardian.com/politics/202…
The Chinese government announces loosening restrictions on tech giants, allowing them again to list on overseas stock markets. In contrast, Uber-equivalent app 'DiDi' removed from app stores as it falls foul of China's new data protection policies. theregister.com/2022/05/24/p…
