Companies Leaving China
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Thai Authorities Arrest Chinese Executive Linked To Bangkok Skyscraper Collapse
Authorities in Thailand have reportedly arrested a Chinese national, who is an executive at a company in charge of constructing a Bangkok skyscraper which collapsed in a major earthquake last month, leaving dozens dead.
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Chinese Woman Fired For Leaving Work One Minute Early Wins Legal Battle
A local court ruled that the company had sacked Ms Wang illegally and that she should be paid compensation.
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China Woman Forges Medical Certificates To Take A Break From Work, Fined Rs 3 Lakh
She wanted a break due to her health issues and concerns about her mother's well-being but didn't want her company to think poorly of her.
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China Company Grants "Mood Leave" To Employee For This Reason
According to the woman, the company has always offered "mood leave" in addition to leaves on Women's Day, Children's Day and breaks for weddings and bereavement.
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Alibaba's Ex-CEO Quits Cloud Business In Surprise Move
China's Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the company announced he would leave his roles as group CEO and chairman to focus on the cloud unit.
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iPhone Assembler Foxconn Replaces iPhone Business Chief After Tumultuous Year in China: Report
Foxconn has reportedly appointed Michael Chiang as the company's iPhone assembly business chief after a troubled year for the company in China. The company's plant in China's Zhengzhou city was heavily affected late last year after the country's COVID-19 curbs prompted thousands of workers to leave, followed by worker unrest and protests. Chiang wi...
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iPhone Factory Workers' Protest: Over 20,000 New Hires Said to Leave Foxconn's Zhengzhou Plant
Foxconn is said to have seen over 20,000 new hires leave the company's Zhengzhou iPhone plant in China, after widespread worker protests that rocked the facility over a pay dispute. The company apologised for committing a pay-related "technical error" when hiring new recruits, offered remuneration to employees who wanted to resign and leave the cha...
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Nvidia CEO Says US Export Restrictions on Top Data Centre Chips Leave 'Large Space' for China Sales
Nvidia CEO Jensen Huang on Wednesday said that the company continues to see a 'large space' for data centre chips in the Chinese market, despite restrictions from the US government. Earlier this month, Nvidia was told by the US government to stop exports of its A100 and H100 chips to China, which could affect up to $400 million (roughly Rs. 3,228 c...
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Chinese Clampdown on Cryptocurrencies Is Reportedly Forcing Mining Firms to Leave With Their Computers
Cryptocurrency companies with large operations in China are now moving out of the country and taking their expensive mining computers with them. China's crackdown on mining and trading of cryptocurrencies is forcing them to look elsewhere.
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China’s Regulatory Crackdown at a Glance: From Bitcoin to Celebrity Fan Clubs — Nothing’s Off the Table
China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment.
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The Ulti-Mutt Pet? Chinese Tech Company Develops Robo-Dogs
It's whip fast, obeys commands and doesn't leave unpleasant surprises on the floor -- meet the AlphaDog, a robotic response to two of China's burgeoning loves: pets and technology.
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US Law Threatens To Delist Chinese Companies From Stock Markets
The US House of Representatives passed a law to kick Chinese companies off U.S. stock exchanges if they do not fully comply with the country's auditing rules, giving President Donald Trump one more tool to threaten Beijing with before leaving office.
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UP Government Opens Doors To Companies Leaving China After Coronavirus
Accepting the coronavirus pandemic as not just a challenge but also a big opportunity for the economy, the Uttar Pradesh government has decided to offer a special package to investors "disenchanted" with China and eager to shift base to other countries, a senior official said today.
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Trump Aides Downplay "Order" To US Companies To Leave China
Donald Trump's top aides on Sunday downplayed the idea of US companies being forced to abandon China any time soon, as an edict from the president ordering businesses to start looking for alternatives has been met with skepticism.
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Donald Trump Lashes Out At China, Vows Quick Response To Tariffs
US President Donald Trump lashed out at Beijing and vowed a quick response to China's plans for new tariffs, while ordering American companies to leave the country.
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Thai Authorities Arrest Chinese Executive Linked To Bangkok Skyscraper Collapse
Authorities in Thailand have reportedly arrested a Chinese national, who is an executive at a company in charge of constructing a Bangkok skyscraper which collapsed in a major earthquake last month, leaving dozens dead.
-
Chinese Woman Fired For Leaving Work One Minute Early Wins Legal Battle
A local court ruled that the company had sacked Ms Wang illegally and that she should be paid compensation.
-
China Woman Forges Medical Certificates To Take A Break From Work, Fined Rs 3 Lakh
She wanted a break due to her health issues and concerns about her mother's well-being but didn't want her company to think poorly of her.
-
China Company Grants "Mood Leave" To Employee For This Reason
According to the woman, the company has always offered "mood leave" in addition to leaves on Women's Day, Children's Day and breaks for weddings and bereavement.
-
Alibaba's Ex-CEO Quits Cloud Business In Surprise Move
China's Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the company announced he would leave his roles as group CEO and chairman to focus on the cloud unit.
-
iPhone Assembler Foxconn Replaces iPhone Business Chief After Tumultuous Year in China: Report
Foxconn has reportedly appointed Michael Chiang as the company's iPhone assembly business chief after a troubled year for the company in China. The company's plant in China's Zhengzhou city was heavily affected late last year after the country's COVID-19 curbs prompted thousands of workers to leave, followed by worker unrest and protests. Chiang wi...
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iPhone Factory Workers' Protest: Over 20,000 New Hires Said to Leave Foxconn's Zhengzhou Plant
Foxconn is said to have seen over 20,000 new hires leave the company's Zhengzhou iPhone plant in China, after widespread worker protests that rocked the facility over a pay dispute. The company apologised for committing a pay-related "technical error" when hiring new recruits, offered remuneration to employees who wanted to resign and leave the cha...
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Nvidia CEO Says US Export Restrictions on Top Data Centre Chips Leave 'Large Space' for China Sales
Nvidia CEO Jensen Huang on Wednesday said that the company continues to see a 'large space' for data centre chips in the Chinese market, despite restrictions from the US government. Earlier this month, Nvidia was told by the US government to stop exports of its A100 and H100 chips to China, which could affect up to $400 million (roughly Rs. 3,228 c...
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Chinese Clampdown on Cryptocurrencies Is Reportedly Forcing Mining Firms to Leave With Their Computers
Cryptocurrency companies with large operations in China are now moving out of the country and taking their expensive mining computers with them. China's crackdown on mining and trading of cryptocurrencies is forcing them to look elsewhere.
-
China’s Regulatory Crackdown at a Glance: From Bitcoin to Celebrity Fan Clubs — Nothing’s Off the Table
China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment.
-
The Ulti-Mutt Pet? Chinese Tech Company Develops Robo-Dogs
It's whip fast, obeys commands and doesn't leave unpleasant surprises on the floor -- meet the AlphaDog, a robotic response to two of China's burgeoning loves: pets and technology.
-
US Law Threatens To Delist Chinese Companies From Stock Markets
The US House of Representatives passed a law to kick Chinese companies off U.S. stock exchanges if they do not fully comply with the country's auditing rules, giving President Donald Trump one more tool to threaten Beijing with before leaving office.
-
UP Government Opens Doors To Companies Leaving China After Coronavirus
Accepting the coronavirus pandemic as not just a challenge but also a big opportunity for the economy, the Uttar Pradesh government has decided to offer a special package to investors "disenchanted" with China and eager to shift base to other countries, a senior official said today.
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Trump Aides Downplay "Order" To US Companies To Leave China
Donald Trump's top aides on Sunday downplayed the idea of US companies being forced to abandon China any time soon, as an edict from the president ordering businesses to start looking for alternatives has been met with skepticism.
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Donald Trump Lashes Out At China, Vows Quick Response To Tariffs
US President Donald Trump lashed out at Beijing and vowed a quick response to China's plans for new tariffs, while ordering American companies to leave the country.
