Sri Lanka bows to Chinese pressure, pays $6.8M for substandard fertilizer

Sri Lanka paid a Chinese company $6.8 million despite rejecting its shipment of organic fertiliser as substandard, officials said Saturday, even though Colombo is in the throes of a foreign exchange crisis. The state-run People’s Bank of Sri Lanka said it paid Qingdao Seawin Biotech Group $6.87 million in connection with an out-of-court settlement over […]

YouTube tests TikTok rival in India

YouTube on Monday began testing a TikTok rival in India, saying it would refine its short video format and roll it out in more countries in coming months.

Five things to know in the case of Huawei’s Meng

Hearings into whether a Huawei executive can be extradited to the United States will begin on January 20 in Vancouver, in a case with potential repercussions for ties between the US, China and Canada.

Sports Bank powers the future for the Alisports Unicorn

Alisports Group has marked the third anniversary of its founding by showcasing a virtual ?sports banking? initiative the Chinese company hopes will extend its reach across a nation whose citizens are increasingly making exercise a part of their daily lives.

China’s Xiaomi announces pioneering listing plan

Smartphone maker Xiaomi on Monday became the first Chinese company to announce plans to issue securities on mainland China markets under a trial programme aimed at encouraging the country’s tech giants to list at home.