TikTok's parent company ByteDance has been valued at about 403.1 billion yuan
TikTok's parent company ByteDance recently offered investors $180.7 per share through a share buyback program, valuing it at about $300 billion.
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TikTok's parent company ByteDance recently offered investors $180.7 per share through a share buyback program, valuing it at about $300 billion.
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China and the European Union have reached a "technical consensus" on the ongoing negotiations on anti-subsidy tariffs for electric vehicles, especially on the price commitment framework and the implementation mechanism of the agreement, Chinese media reported.
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Chinese Internet giant Baidu on Tuesday (November 12) released a small degree of artificial intelligence (AI) glasses, the world's first native AI glasses with a large Chinese model, which is expected to be officially launched in the first half of next year.
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If US President-elect Donald Trump pushes ahead with his campaign promise to impose massive tariffs on China after taking office, it is expected to trigger a new wave of factory relocations from China to other countries, and some Asian countries will benefit.
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Vietnam's largest Chinese-owned solar panel factory is cutting production and laying off workers after the United States raised tariffs on solar panels from Vietnam, Thailand, Malaysia and Cambodia.
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In the first seven months of this year, seven of the top 10 registered electric vehicle models in Malaysia came from China, including three from BYD, Great Wall Euler, MG MG4, Chery Omoda and smart.
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As China and the European Union continue to negotiate a tax on electric vehicles, China's commerce Ministry has again warned the EU that negotiating with companies separately will shake mutual trust.
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With the constant changes in the global political and economic pattern, international relations have become increasingly complex.
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Following ongoing negotiations between China and the EU on taxing electric vehicles, Chinese officials revealed on Thursday that there are still major differences in the negotiations as the EU has not responded positively to issues that concern the core concerns of the Chinese and European industries.
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Chinese Premier Li Qiang on Sunday signed 10 agreements with Vietnam covering agricultural cooperation and cross-border QR code payments during his official visit to the country.
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Against the backdrop of the increasingly fierce competition and numerous challenges in the global automotive industry, Ford Motor Company has made a significant and highly impactful decision - it plans to lay off 4,000 employees in Europe in an attempt to significantly cut costs and seek new opportunities and space for the sustainable development of the enterprise.
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