Insta360 goes public a decade after founding · TechNode
On June 11, panoramic and action camera company Insta360 went public on China’s STAR (Science and Technology Innovation Board) Market, becoming the seventh company to list on the board in…
Trump plans a hefty tax on imported drugs, risking higher prices and shortages
US President Donald Trump has promised to impose hefty import taxes on pharmaceuticals, a category of products he has largely spared in his trade war. For decades, in fact, imported…
Apple launches China government subsidy program on official website for the first time · TechNode
Apple’s official website now supports China’s national consumer subsidy program for the first time. According to the promotional page, selected products are eligible for up to RMB 2,000 ($279) in…
Maduro vows to declare a ‘republic in arms’ if US forces in the Caribbean attack Venezuela
Venezuelan President Nicolas Maduro on Monday said he “would constitutionally declare a republic in arms” if the South American country were attacked by forces that the United States government has…
Alibaba merges Ele.me, Fliggy into e-commerce unit in strategic shift · TechNode
Alibaba Group has merged its food delivery platform Ele.me and travel unit Fliggy into its China e-commerce division as part of a shift from a traditional e-commerce model to a…
Pricing law overhaul to ensure fair competition
A visitor (right) experiences a massage treatment conducted by an intelligent robot at a health maintenance store in Qinhuangdao, Hebei province, on June 18. CAO JIANXIONG/FOR CHINA DAILY China is…
SE Asia key focus for Panpan’s expansion
Employees work on a production line of Panpan Foods Group in Jinjiang, Fujian province, on Aug 19. HU MEIDONG/CHINA DAILY Panpan Foods Group, a Jinjiang, Fujian province-based snack food maker,…
EU chief’s plane hit by suspected Russian GPS jamming over Bulgaria
A plane carrying EU chief Ursula von der Leyen was hit by GPS jamming as it readied to land in Bulgaria on Sunday, Brussels said on Monday, alleging Russia was…
Xiaomi to launch its first AI glasses tonight · TechNode
Xiaomi announced yesterday that it will unveil its new AI glasses during an event entitled the “Xiaomi Human-Car-Home Full Ecosystem Launch,” being held this evening, China time. The teaser poster…
Hainan launches bilingual tax platform for foreign nationals
In a move to streamline tax services for foreign nationals, the tax authority of Hainan province launched a bilingual booking platform in Chinese and English on Aug 15. The initiative…