Wang Peng, deputy head of think tank China Center for

 Information Industry Development, said Huawei’s chip making arm HiSilicon can help Huawei ensure the s ustainability of its business to some extent, and its chip stocks “are expected to provide a buffer of six months to a year”. Huawei said it procured around $70 billion worth of components and services from i ts 13,000 suppliers … Read moreWang Peng, deputy head of think tank China Center for

There are signs that the central government will not cha

ange its resolution to control house prices, Zhang said, adding that in the future the real estate market will continue to crack down on speculation. On May 11, Suzhou tightened housing policies further, China Daily ea rlier reported. The down payment ratio for a family’s first home purchase has been rais ed from 20 percent … Read moreThere are signs that the central government will not cha

Updates for the Android will be unavailable to Huawei sm

smartphones that run on the system, and future versions of the company’s handsets will not be able to use services from Google, including the Google Play Store, Gmail and YouTube apps, which are not covered by the open-source license and require a commercial agreement with Google, Reuters report said. Android’s official account replied on Twitter … Read moreUpdates for the Android will be unavailable to Huawei sm

Trump must turn over financial records to House, judge rules

A federal judge in Washington ruled Monday against President Donald Trump in a financial records dispute with Congress. US District Judge Amit Mehta, who was appointed by President Barack Obama, said T rump cannot block a House subpoena of financial records. He sai d the Democratic-led House committee seeking the information has said it belie … Read moreTrump must turn over financial records to House, judge rules

President Xi inspects high-tech companyL MAG Rare-Earth

President Xi Jinping inspected a company that manufactures high-tech magnetic m aterials as he kicked off an inspection trip to East China’s Jiangxi province on Monday. Xi learned about the business operations of the JL MAG Rare-Earth Co Ltd, based in Ganzhou, which speciali zes in rare earth permanent magnetic materials, as well as the … Read morePresident Xi inspects high-tech companyL MAG Rare-Earth

Through its app, customers can watch their coffee being

Luckin raised $561 million in its initial public offering Friday by selling 33 million American depositary shares at $17 apiece. The ADS, which are trading on Nasdaq under the symbol “LK,” closed at $20.38 after rising as high as $25.96 earlier in the day.Museums are not only there for enjoyment; they are education, and as … Read moreThrough its app, customers can watch their coffee being

Panda researchers hope algorithms and AI technology will

The app and database will help us gather more precise and well-rounded data on the population, distri bution, ages, gender ratio, birth and deaths of wild pandas, who live in deep mountains and are hard to tr ack,” said Chen Peng, a researcher with the base who co-authored a paper on “Giant Panda Face Recognition … Read morePanda researchers hope algorithms and AI technology will

The phone call took place days after the US Commerce Dep

artment announced on Wednesday it will add telecommunications eq uipment maker Huawei and its affiliates to the Entity List on Wednesday. Being on the list bars the company from buying US technology without government approval due to security concerns. On the same day, US President Donald Trump signed an executive order that bars US companies … Read moreThe phone call took place days after the US Commerce Dep