Meta’s Chinese AI acquisition investigated

Meta’s Chinese AI acquisition investigated

On Thursday, 8 January, Chinese regulators said they would investigate Meta’s acquisition of the artificial intelligence (AI) startup Manus with the Ministry of Commerce in Beijing to assess whether the transaction complies with Chinese laws governing export controls, technology imports and exports, and overseas investment. On Thursday, 8 January Chinese regulators said they would investigate…

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Africa: Chinese EV Giant Okla Global Appoints Treadway to Spearhead Africa Expansion

Africa: Chinese EV Giant Okla Global Appoints Treadway to Spearhead Africa Expansion

Nairobi — Chinese electric vehicle (EV) manufacturer Tiazhou Okla Automotive Co., widely known as Okla Global, has announced a strategic partnership with Hong Kong-headquartered Treadway Investment Bank to accelerate its ambitious expansion into Africa’s fast-growing automotive market. Under the agreement, Treadway will provide investment banking and corporate finance advisory services to support Okla’s continental growth…

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Africa: Chinese EV Giant Okla Global Appoints Treadway to Spearhead Africa Expansion

Africa: Chinese Companies Are Changing the Way They Operate in Africa – Here’s How

For most of the past 25 years, Chinese construction companies operating in Africa could count on generous financial backing from Chinese banks. Between 2000 and 2019, Chinese funders committed almost US$50 billion to African transport projects. Most came from Chinese development finance institutions. Six years ago, this started to change as Chinese lenders began to…

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Foreign investors eye Chinese tech again, but capital controls, policy risks weigh

Foreign investors eye Chinese tech again, but capital controls, policy risks weigh

Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images SINGAPORE — As China seeks to entice back foreign capital amid dwindling inbound investment, global investors eyeing opportunities in the country remain wary of more fundamental constraints: Beijing’s iron grip on capital flows and lack of policy…

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Chinese woman convicted in UK after ‘world’s biggest’ bitcoin seizure

Chinese woman convicted in UK after ‘world’s biggest’ bitcoin seizure

Osmond ChiaBusiness reporter, Singapore and Liv McMahonTechnology reporter Metropolitan Police Zhimin Qian, also known as Yadi Zhang, was convicted on Monday A Chinese national has been convicted following an international fraud investigation which resulted in what’s believed to be the single largest cryptocurrency seizure in the world. The Metropolitan Police says it recovered 61,000 bitcoin…

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