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Posted on November 17, 2020

Pinduoduo-like platform in the Philippines bags $1m in seed round

Resellee, a social commerce platform based in the Philippines, announced that it has secured US$1 million in a seed round from MinTech Enterprises and Hofan Capital. The social commerce app allows …

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Posted on November 17, 2020

Australia, Japan to bolster defense ties amid China’s rise

The leaders of Australia and Japan have held in-person talks to bolster defense ties between the two U.S. allies to counter China’s growing assertiveness in the Asia-Pacific region amid the transition …

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Posted on November 17, 2020

Why the U.S. Could Be the Big Loser in the Huge RCEP Trade Deal Between China and 14 Other Countries

Even U.S. allies like Japan and Australia moved to strike a bargain with China in the absence of an alternative …

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Posted on November 17, 2020

Vaccine Unproven? No Problem in China, Where People Scramble for Shots

Many say they are reassured because politicians and executives have been inoculated. But experts say the risks outweigh the benefits.

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Posted on November 17, 2020

A split from the U.S. is ‘very positive’ for China in the long term, venture capitalist says

China divorce has more advantages than drawbacks for the Asian giant’s tech sector, said Jenny Zeng, managing partner at MSA Capital.

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Posted on November 17, 2020

China Preparing for Trump’s ‘Final Madness’ Before Biden, State Media Says

The hawkish Chinese Community Party newspaper Global Times suggested the President Donald Trump was further sabotaging U.S.-China relations for the incoming Biden administration.

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Posted on November 17, 2020

Putin says India, China may start producing Russia’s Sputnik V COVID-19 vaccine: RIA

India and China may start producing Russia’s Sputnik V vaccine against COVID-19, the RIA news agency cited Vladimir Putin as saying on Tuesday. Putin also proposed that the creation of a vaccine …

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Posted on November 17, 2020

Exclusive: BMW deal to lift stake in China venture unaffected by Brilliance parent’s debt issues

German carmaker BMW said on Tuesday there was no indication that its deal to increase its stake in its joint venture with Brilliance China Automotive would be affected by debt …

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Posted on November 17, 2020

Tech investments in China are focused on 3 trends, says venture capital firm

China will see more services moving online, greater use of smart devices and a wireless future, said Hongye Wang, a partner at Antler.

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Posted on November 17, 2020

Bahrain’s Investcorp invests in Chinese medical testing firm

Bahrain-based Investcorp has announced that it has invested in Kindstar lobalgene, an independent medical testing services group in China. Terms of the transaction were not disclosed, the company said …

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