With heat bearing down on their necks in China from local competitors Huawei and ZTE, Cisco has decided to invest more into their China operations. The U.S.-based company plans to invest over USD10 billion in China over the next few years to support local innovation with a series of strategic measures. Cisco made this promise during the China visit of its chairman and current CEO John Chambers and its soon-to-be ...
Ant Financial Services Group, a small and micro financial services company under Alibaba Group's Alipay, will officially launch their online banking platform MYbank on June 25, 2015. MYbank is also known as Zhejiang Online Business Bank and is one of the first five trial private banks approved by China Banking Regulatory Commission on March 11, 2014. This bank later gained construction approval on September 29, 2014. ...
Zhiwei Tu painting For seven hours straight, Tu watched the artist work, and afterwards, he bought his own paints and painted his own portrait of Mao. When he showed it to the village officials a few days later, they decided to display his piece as it was far more impressive than the commissioned piece. By 1975 he had earned a BA from the Guangzhou ...
Chinese search engine company Baidu is rumored to be talking with U.K. digital sports media group Perform Group to establish a joint venture in China. Perform's core business is purchasing digital copyrights of various high-level sports events, displaying those events on online with its powerful digital editing capacity, and attracting money with its traffic. In addition, Perform specializes in sports data consulting analysis and ...
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