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(Reuters) - Chinese tech giant Tencent's Timi Studios, maker of popular video games Honor of Kings and Call of Duty Mobile, generated revenue of $10 billion last year, two people with direct knowledge of the matter told Reuters.
SHANGHAI (Reuters) - China's Xiaomi Corp announced plans on Tuesday to invest $10 billion in a new smart electric vehicle (EV) business, and separately to release a self-developed computing chip, as the group expanded out of its core smartphone business.
BEIJING (Reuters) - Chinese electric vehicle maker BYD Co Ltd,, which is backed by billionaire Warren Buffett, on Monday reported a 162% growth in 2020 net profit as it became a major mask maker amid the COVID-19 pandemic.
BEIJING: Annual profits at China's industrial firms surged in the first two months of 2021, highlighting a rebound in the country's manufacturing sector and a broad revival in economic activity from the coronavirus crisis early last year.
(Reuters) - Chinese Football Association (CFA) president Chen Xuyuan has said introducing salary caps will help its professional leagues avoid "complete failure" and warned clubs of penalties if they violate the rules coming in next season.
BEIJING: The digital economy will become a key ingredient of national strategy during the 14th five-year plan period (2021-25), according to researchers and entrepreneurs in the technology sector.
BEIJING, March 11, Global Times - The Weibo accounts of three major Bitcoin trading exchanges, Huobi, OKEx and Binance were deactivated on Thursday, triggering concerns over tightening regulation on cryptocurrency in China.
HONG KONG (Reuters) - When Shanghai Port announced Ante Majstorovic's signing from NK Osijek on Tuesday, reports of his arrival at the former Chinese Super League champions barely caused a ripple.
BEIJING: China has refuted claims that it is using the Covid-19 vaccine to gain geopolitical influence.
ONE OF the important preconditions for reconstructing Sino-US economic and trade ties is to objectively assess the economic development trend of both sides. China’s evolution in the next five to 10 years to become the largest consumption market in the world will impact Sino-US economic and trade ties.