Category: BRIEF

Posted in BRIEF THE WIRE

Tencent said to acquire China’s top gaming phone maker Black Shark

Chinese internet giant Tencent Holdings is reportedly planning to acquire Xiaomi-backed Blackshark Technologies, China’s top maker of gaming phones, for 2.6 billion yuan ($407.9 million),…

Posted in BRIEF THE WIRE

China’s aviation sector eyes profits this year – regulator

China’s aviation sector aims to turn losses into profits in 2022 with an expected recovery to 85% of its pre-COVID volume of domestic passenger trips,…

Posted in BRIEF THE WIRE

China to promote railway, waterway for medium-, long-distance transportation by 2025 – government development plan

China aims to have bulk goods and containers to be largely transported via railways and waterways for medium and long distances by 2025, according to…