China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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186 articles matching the search query.
China orders fintech companies to stick to the rules as clampdown widens
The country's platform economy has grown rapidly and covers whole range of e-commerce activities ranging from banking to shopping and food delivery.
Huawei rival Xiaomi ramps up chip ambitions amid US pressure
Smartphone maker's investments reflect China's push to reduce foreign dependence
China smartphone maker Xiaomi to invest $10 billion in new EV unit over 10 years
Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business, the company announced on Tuesday in a filing.
Exclusive: Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant - sources
China's Xiaomi Corp plans to make electric vehicles (EVs) using Great Wall Motor Co Ltd's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.
TikTok Owner ByteDance Hires Away Executive From Xiaomi to Be CFO
Shou Zi Chew, who ran Xiaomi’s finances until 2020, will join ByteDance in Singapore.
Move Over Huawei, Xiaomi Is China’s New Smartphone King
The swift decline in Huawei’s smartphone business has left an opening for Chinese gadget maker Xiaomi, which became the world’s No. 3 smartphone maker toward the end of last year.
Xiaomi Wins Court Ruling Blocking U.S. Restrictions on It
A federal judge in Washington blocked the Defense Department from restricting U.S. investment in the Chinese smartphone manufacturer Xiaomi Corp.
China Lays Plans to Tame Tech Giant Alibaba
The e-commerce company is likely to face softer treatment than its Ant affiliate, provided it distances itself from founder Jack Ma and aligns itself more closely with the Communist Party.
Chinese Technology Stocks Have Fallen Harder Than U.S. Peers
An index of the largest technology stocks listed in Hong Kong has dropped 26% in less than three weeks.
U.S. Blacklisted China’s Xiaomi Because of Award Given to Its Founder
The Defense Department labeled smartphone maker Xiaomi as a company that supports China’s military partly due to an award given to its founder for his service to the state, along with Xiaomi’s ambitious investment plans in advanced technologies such as 5G and artificial intelligence.
China's Xiaomi adds manufacturing muscle in India to boost phone production
China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already one of the biggest smartphone brands.
Xiaomi reportedly plotting electric car play · TechNode
The cell phone maker known as 'the Apple of China' has backed EV companies Nio and Xpeng. Its entry is expected to shake up China's car market.
China's Xiaomi files legal complaint against U.S. Defense, Treasury ban
Xiaomi Corp filed a complaint in a Washington district court on Friday against the U.S. Defense and Treasury Departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China's military.
Trump designates Xiaomi as 'Communist Chinese military' company
After Huawei, ZTE, TikTok and WeChat, the Trump administration targets Xiaomi, one of the biggest phone makers in the world.
Xiaomi shares fall 10% as U.S. adds smartphone-maker to 'blacklist'
Xiaomi is now subject to a November executive order forcing U.S. investors to to divest holdings of any companies on the blacklist, by Nov. 11 this year.
China approves country's second personal credit agency, JD.com, Xiaomi take stakes
BEIJING: China's central bank on Friday granted approval for the set up of a personal credit agency to be jointly held by an investment arm of ...
Xiaomi shares slide 7.1% after finalising $3.9 billion in equity deal
Chinese smartphone maker Xiaomi Corp's shares fell 7.1% in Hong Kong trading on Wednesday as the company finalised a $3.91 billion capital raising that included the city's largest top up placement.
China's Xiaomi surpasses Apple as world's No. 3 smartphone maker
Asia leads rankings as US giant falls out of top trio for first time in 10 years
Huawei founder Ren Zhengfei’s wealth shrinks amid US sanctions
Huawei founder Ren Zhengfei is now worth 10 per cent less than last year, while opportunities in 5G have boosted the fortunes of other smartphone billionaires such as the founders of Xiaomi, Vivo and Oppo, according to the Hurun China Rich List.
China’s EV startup Xpeng pulls in $500 million Series C+
Xpeng, an electric vehicle startup run by former Alibaba executive He Xiaopeng, said Monday it has raised around $500 million in a Series C+ round to further develop models tailored to China’s tech-savvy middle-class consumers. The announcement followed its Series C round of $400 million closed last November. A source told TechCrunch that the company’s […]
