Chinese search giant Baidu said it will spend approximately US$3.6 billion in cash to acquire YY Live, JOYY’s domestic video-based entertainment livestreaming business. This marks the Chinese firm’s biggest foray …
Economy
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Investment for golden visas fell by 52% in October, year-on-year, to €28.6 million, according to accounts made by Lusa based on Foreigner and Border Service (SEF) statistics. In October, investment resulting from the …
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China today asked the United States to stop the “irrational repression” of Chinese companies, after US President Donald Trump signed a decree banning investments in 31 Asian firms. Trump’s move …
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The Government of Macau expects the economy of the territory to fall by 60.9% in 2020, due to the impact of the pandemic, according to the document of the Governmental …
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The Regional Comprehensive Economic Partnership (RCEP) agreement was signed among its 15 participating countries on Sunday, launching the world’s biggest free trade bloc Participating countries include the 10 member countries …
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According to an estimate by U.S. retail and tech consultancy Coresight Research, livestreaming sales in China will bring in about 125 billion dollars this year, compared with 63 billion dollars …
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The Macau Government collected 24.34 billion patacas (2.58 billion euros) until October in direct taxes on gambling, a drop of almost 70 billion patacas, in an annual comparison. A year …
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A recent study by the Centre for Public Integrity (CPI) in Mozambique claiming the African country has fallen into a ‘debt trap’ due to its high indebtness to China, has …