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Tag: China

Chinese smartphone and electric vehicle manufacturer Xiaomi Corp is set to raise up to $5.27 billion through a top-up share placement. 
News Tech

Xiaomi to concentrate on retail to boost sales

China’s Xiaomi will concentrate on growing its retail sales in India, according to its India president after making significant bets on e-commerce for years. This is as the electronics giant tries to boost smartphone sales after slipping behind Samsung. With 600 million smartphone users, India is one of the fastest-growing marketplaces in the world. In […]

Chinese hackers hack US Commerce chief's emails
News Tech

Chinese hackers hack US Commerce chief’s emails

Secretary of the U.S. Department of Commerce, Gina Raimondo, has become one of several high-ranking Americans whose emails were compromised earlier this year by hackers that Microsoft claims is located in China. In a meeting with Wang Yi on Thursday in Jakarta, Secretary of State Antony Blinken made it clear that any action that targets […]

US, China demand pushes oil prices beyond $83pb
News

Why Microsoft claimed China hacked US government emails

Microsoft has reported that hackers based in China have gotten access to the email accounts of about 25 organizations, including governmental organizations. According to BBC, The software giant has not specified the locations of the government organizations. The secretary of commerce, Gina Raimondo, was reportedly one of those affected by the breach. According to a US Department […]

Huawei revisits 5G phones to overcome US ban - Report
News Tech

Huawei revisits 5G phones to overcome US ban – Report

China’s Huawei Technologies is planning to enter the 5G smartphone market by the end of this year, marking a comeback after a U.S. ban on equipment sales destroyed its consumer electronics sector, according to research firms. According to three independent technological research organisations covering China’s smartphone market, Huawei should be able to obtain 5G chips […]

Chinese businessman launches ChatGPT rival
News Tech

Chinese businessman launches ChatGPT rival

Chinese businessman and founder of Sogou Wang Xiaochuan on Tuesday unveiled a next-generation huge language model Baichuan-13B. Its founder’s illustrious career as a computer science prodigy from Tsinghua University and founded the search engine provider Sogou, which was later acquired by Tencent, Baichuan is being hailed as one of China’s most potential LLM developers. At […]

Apple opens store on WeChat
News Tech

Apple opens store on WeChat

Tencent’s WeChat, has disclosed that Apple, the maker of the iPhone, has created a store on expanding the American company’s retail options in the second-largest economy in the world. WeChat, the most popular messaging app in China that also offers e-commerce, livestreaming, and payment services, announced that customers would be able to purchase Apple items […]

Alibaba considers selling shares to Ant as probe ends
News Tech

Alibaba considers selling shares to Ant as probe ends

Alibaba Group Holding Ltd. is considering selling shares to Ant Group Company as part of the fintech company’s planned buyback. This follows the conclusion of a nearly three-year investigation by financial regulators into the financial technology business. In a stock exchange statement in Hong Kong, Alibaba, which owns nearly a third of Ant, stated that […]

China launches first open-source computer operating system
News Tech

China launches first open-source computer operating system

China has launched OpenKylin, its first domestic open-source desktop operating system, as the country intensifies attempts to reduce its reliance on American technology. China’s version of the open-source Linux operating system, which was made available on Wednesday and is based on the current version, was created by a group of about 4,000 developers and is […]

China visits Nigeria, seeks improved bilateral relations
Business

China visits Nigeria, seeks improved bilateral relations

In order to improve bilateral ties between both countries, the Chinese Navy Escort Task Group 162 which is made up of the MSL Destroyer NANNING, MSL Frigate SANYA, and Supply Ship WEISHANHU visited Nigeria on Sunday. According to the News Agency of Nigeria, the Chinese Ambassador to Nigeria,  Mr. Chi Jian Chun, said the visitation of the […]

Tinubu, Dangote, Elumelu, Otedola, 35 others to attend business summit in Indian
Business

India to overtake China as Nigeria’s top trading partner – Report

In the coming decade, India is expected to overtake China as Nigeria’s top trading partner, according to a report by Standard Chartered and its partners. Nairametrics reported that the “Future of Trade 2030- Trends and Markets to Watch” research noted that Nigeria’s fastest and largest export corridor will be India, with exports anticipated to rise […]

Why China plans to raise international student fees - Report
News

Why China plans to raise international student fees – Report

The Chinese government has plans to boost international student costs in China to match those of well-known study-abroad countries like the US and UK, according to reports. Nairametrics reported that President Xi recently emphasized the necessity for increased investment in China’s higher education system, which is why he made this suggestion. The Beijing Institute of […]

New Zealand PM Hikpins to visit China
News

New Zealand PM Hikpins to visit China

      New Zealand Prime Minister Chris Hipkins said on Monday that he will lead a trade team to China at the end of this month. Hipkins told a weekly media conference that the New Zealand team would include leaders from a variety of industries, including dairy, tourism, education, and gaming. “Today I can […]

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