The Chinese company was responding to local media reports on Wednesday which said it had dissolved its strategic investment team.
The company said it had made the decision after conducting a business analysis and had decided to reduce investments with "low synergies".Reporting by Yingzhi Yang and Brenda Goh; Editing by Jacqueline WongSubscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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China won't 'bully' neighbours over S. China Sea, foreign minister saysChina will not use its strength to 'bully' its smaller neighbours including the Philippines, its foreign minister said on Monday, as he highlighted the importance of settling disputes in the South China Sea peacefully. in the past there was Nazi that hungry for land... What a lie!
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China Believes That Omicron Variant Found Its Way to the Country via MailEven as the world battles Omicron, daily cases in China have remained low. Authorities want residents to avoid international mail to curb Omicron spread. Mail, hamsters ! Hi, I am a structural engineer from Iran who have many ideas. I have summarized some of my ideas on my twitter(I suggest look at the idea of generating electricity by gravity). I want to work with companies and investors. Do you want to cooperate? What goes around, comes around !!
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Billionaire investor Chamath Palihapitiya says 'nobody cares' about Uyghur genocide in ChinaBillionaire investor Chamath Palihapitiya said during a recent podcast episode that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China. ..Because medis hardly put attention on it very few knows about that Based I mean he just said what is the current policy of the biggest companies doing business in China - they do not care about any human rights violations as long as it is in their interest.
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Starbucks Expands Coffee Delivery and Services in China Through Tie-Up With MeituanThe partnership with Meituan comes as Starbucks faces increasing competition from well-funded domestic tea and coffee chains in China such as HeyTea and Manner.
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China car sector falling short of 'net zero' goals - GreenpeaceChina's massive car sector is on track to bring its climate-warming carbon dioxide emissions to a peak by 2027 but on current trends it is unlikely to meet the country's 2060 'net zero' target, environment group Greenpeace said on Tuesday. China's 'massive car sector' would likely result on no measurable change in global atmospheric CO2 content. I would love to see Greenpeace try and tell China what to do! If they were on the famous little boat, it wouldn't be floating for too long......
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Chamath Palihapitiya Is ‘Not Even Sure That China Is a Dictatorship’When venture capitalist Chamath Palihapitiya downplayed Uighur oppression on a recent podcast, he didn’t mention his deep business ties to China. KevinTDugan writes KevinTDugan Mere inconvenient truth KevinTDugan Perhaps he has been promised a life long membership for replacement organs by the Chinese? KevinTDugan How is he not sure? Does he think there might be secret free elections?
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