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Coronavirus Impact on China’s Job Market May Persist for Two Years, Expert Says

, Ding Shouhai, professor at Renmin University of China’s School of Applied Economics, said at an
German Drugmaker BI Launches Shanghai Center to Harness Chinese Expertise

($1.1 trillion) by the end of 2020 and 16 trillion yuan by 2030 Contact reporter Ding Yi (yiding
Meituan Eyes Robot-Enabled Deliveries with $14 Million Investment in PuduTech

million yuan ($14 million) from Meituan Dianping , a lifestyle service and food delivery giant in China
China’s IT Spending Expected to Hit $297 Billion: IDC

digitalization. The figure for this year’s IT spending is expected to hit 2.1 trillion yuan ($297 billion
Alibaba-Owned Taobao Live Sacks Former Operating Head for Corruption

reaching 200 billion yuan in 2019, compared with 100 billion yuan the previous year. Zhao’s dismissal
Tesla Supplier CATL Breaks Ground With New Battery Lab

supply chain for electric vehicles. The 3.3 billion yuan ($466.7 million) facility, officially named
Exclusive: China Plans to Grant Securities Licenses to Commercial Banks

full range of securities services with registered capital of 100 billion yuan ($14.1 billion
Kuaishou to Build Livestreaming E-Commerce Base in Chengdu

TikTok rival Kuaishou on Wednesday said that it will invest 3 billion yuan ($424 million) to build
Fosun in Talks with Alibaba to Sell $1.3 Billion Stake in Cainiao: Reuters

China and 72 hours globally, with a commitment to invest at least 1 billion yuan in its logistics
China Business Digest: Global Infections Top 9 Million; Securities Regulator Pushes for A-Share Derivatives in Hong Kong

is now worth 1.81 trillion yuan ($256 billion), compared with ICBC’s 1.78 trillion yuan