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China unveils new laser system for shooting down drones

Scientists at the China Academy of Engineering Physics (CAEP) announced recently that they have perfected a laser gun capable of shooting down drones flying at low altitudes. The laser system performed w... Full Story

Xinjiang Goldwind Expands Reach with USD83 Million Purchase of Australian Wind Farm

Leading Chinese wind power equipment maker Xinjiang Goldwind Science and Technology Co. [SHE:002202] plans to spend AUD110 million (USD83 million) on an Australian wind farm and raise up to AUD335 millio... Full Story

In spat with Apple, Qualcomm looks to China for new growth

Qualcomm President Derek Aberle is hoping that the entry-level smartphone market in China will help drive growth. Qualcomm may be seeking new areas to sell its chips as it continues to fight several l... Full Story

BOC, Tencent establish joint laboratory of financial technology

BEIJING - Bank of China (BOC), one of the country's big four State-owned lenders, and Tencent have established a joint financial technology laboratory, said the lender in a statement on Thursday. ... Full Story

First Global Signs Definitive Agreement for Deployment of Mobile Payments in Bangladesh

is pleased to advise that pursuant to its press release dated February 1, 2017. it has concluded the definitive agreement to deploy mobile payment services across Bangladesh with strategic par... Full Story

China’s State Grid Buys Stake in Greek National Power Operator

The State Grid Corp. of China has closed a deal that makes it the second-largest stakeholder of Greek national power operator ADMIE SA, as the world’s largest utility company continues to invest in... Full Story

Tesla moves a step closer to building electric cars in China

Tesla Inc (TSLA.O) took a step closer toward establishing an electric vehicle manufacturing plant in China with its announcement on Thursday that it is in exploratory talks with the Shanghai municipal go... Full Story

JD.Com Invests $397M In UK Luxury Fashion E-Commerce Firm Farfetch

Chinese e-commerce giant JD.com Inc. has invested US$397 million in London-based luxury fashion online retail platform Farfetch to become one of the largest shareholders of the U.K. firm, as part of a st... Full Story

AI Can Screen Lung Cancer More Accurately than Doctors, Claims Tencent’s Pony Ma

Is the application of artificial intelligence (AI) in the field of precision medical treatment a blessing or a curse? Pony Ma, founder and CEO of China's internet giant Tencent Holdings Ltd. [HKG:070... Full Story

ZTE shares rise to a two-year high as company sharpens 5G strategy

ZTE Corp, mainland China’s largest-listed telecommunications equipment maker, is ratcheting up its focus on 5G infrastructure, as key markets around the world advance their preparations for the dep... Full Story


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