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Blocking of Meta's AI startup buy raises risk for cross-border China tech dealsChina has blocked Meta's acquisition of AI startup Manus. This move signals increased risk for global investors in advanced tech firms link...- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- China orders Meta to unwind $2 billion buy of AI startup ManusChina's top economic planner has blocked Meta's acquisition of AI startup Manus, citing a prohibition on foreign investment in the project....
- China to curb US investment in tech companies: ReportChina is set to block top tech firms, including AI startups, from taking US money without official clearance. Regulators have told companie...
- China conditionally approves DeepSeek to buy Nvidia's H200 chips, say sourcesReuters reported on Wednesday, citing sources, that ByteDance, Alibaba and Tencent had been given permission to purchase more than 400,000 ...
- China's solar giants quietly shed a third of their workforces last yearChina's solar industry, facing overcapacity and price wars, witnessed significant job losses as major firms shed nearly one-third of their ...
- China opens more manufacturing, healthcare sectors to foreign moneyBeijing will remove the last remaining limits on investments from other countries in the manufacturing sector from Nov. 1 and cut its list ...
- Xiaomi to reveal its electric vehicle tech on December 28Xiaomi plans to launch its first electric car by the first half of 2024. Earlier this year, the company had also conducted a test of its EV...
- China's Xiaomi wins state planner nod to make EVs amid glut in autosXiaomi Corp has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the mat...
- China to keep daily coal output at more than 12 million tonnes amid global price surgeBenchmark spot thermal coal prices at Newcastle Port have soared 35% over the past week to a record $353.75 a tonne, stoked by fears of wor...
- China proposes adding cryptocurrency mining to 'negative list' of industriesThe "negative list" details sectors and industries that are off-limits to both Chinese and foreign investors.
- China to end subsidies for new solar, onshore wind projects in 2021The new rule, effective from Aug. 1, follows a drastic fall in manufacturing costs for solar and wind devices amid booming renewable capaci...
- Tencent aims to raise $4 billion in bond deal: SourcesThe deal has been launched with 10, 20, 30 and 40-year tranches, according to a term sheet reviewed by Reuters.
- China further lifts barriers to foreign investmentFrom July 28, the negative list approach, which identifies sectors and businesses that are off-limits or restricted, will be implemented na...
- Arvind Panagariya meets top official of key Chinese eco think-tankChina has just approved its 13th Five Year Plan to be implemented from next year aimed altering China's export dependent economy to the one...
- China to step up investments in infrastructureNDRC approved 34 billion yuan ($5.56 billion) for transportation infrastructure, which included railways, roads, airports and waterways.
- China to permit foreign banks to borrow $24 billion this yearChina's NDRC said foreign-funded banks are allowed to borrow as much as $ 24 bn of medium & long-term external debt this year.
- China likely to reject Hummer acquisition: ReportTengzhong said it has yet to reach a definitive agreement with GM, which the company said previously was required to make a formal request ...
- Aluminium firm to invest $400m; largest Chinese FDIChina's second-largest aluminium maker, the Qingtongxia Aluminium Group, will make the country’s biggest investment so far in India by pump...
- China unveils auto investment curbsChina announced curbs Tuesday on surging investment in its auto industry, extending controls already imposed in other fields in an effort t...
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