IMF cuts down China’s economic growth to 8% in 2021
Analysts warned that China is facing a painful fallout from real estate...
China
Shanghai reports strong growth in the export of container and container ships
From January to August, Shanghai exported 245,000 containers...
Chinese ride-hailing firm Cao Cao raises $589 mn for market expansion
Cao Cao will develop its own purpose-built vehicles for ride hailing...
Ethiopia telecom partners with ZTE for 4G services
Ambo is one of the latest cities to receive 4G services...
Alibaba’s logistics unit Cainiao launches China-South Korea freight route
Cainiao Network will run the service route between Shandong province in China...
China’s Three Gorges buys UAE’s wind, solar developer Alcazar
This deal will be backed by Mubadala Investment Company...
Ionova Life Science secures $100 mn to fast track oncology drug research
The new round was jointly led by Tsing Song Funds and Shenzen...
Chinese healthtech MediTrust raises $300 mn ahead of IPO
Boyu Capital, Lillly Asia Ventures, and CICC participated in the funding round...
Economic growth in East Asia and Pacific to be slower this year: World Bank
As the Covid-19 cases rise in different parts of the world, World...
Bytedance holds of IPO in Hong Kong over data privacy issues
The company has been weighing its options for an initial public offering...