Updated: Faraday Future granted emergency relief, cuts ties with Evergrande

Faraday Future and Evergrande were embroiled in a nasty row over the past few weeks. The EV maker took to Twitter today…


Briefing: Xiaomi unveils new smartphone model, expects shipments to hit 100 million by the end of October

 China's Xiaomi Aims Its Priciest Phone at Huawei and Apple – Bloomberg What happened: Smartphone maker Xiaomi unveiled…


Luckin Coffee

Luckin Coffee warns of fraudsters using its brand name to dupe investors and franchisees

Luckin Coffee has released an official statement regarding the recent cases of social media accounts using the…


Kuaishou returns to WeChat after six-month ban

After being outlawed by WeChat for six months, Kuaishou videos can once again be shared on the Moment’s feed, according…


China's first blockchain security testing center will land in Changsha

China is set to launch the first blockchain security testing center in the country. The National Computer Network…


Tencent QR code payment service for public transport hits 50 million users across 100 cities

Tencent's QR code payment service for public transportation “sao yi sao” (扫一扫) has reached more than 50 million users…


Briefing: Taiwan aims to roll out regulatory framework for ICOs by June 2019

Taiwan Sets To Launch ICO Regulatory Framework By June 2019 —8BTC What happened: Taiwan will introduce a better-defined…


Briefing: Banma Kuaipao rebrands as “Banma Ride-hailing”, secures RMB 300 million

斑马快跑获北京千佳圆基金3亿元投资,已取得125城网约车牌照 – 猎云网 What happened: Chinese ride-hailing company Banma Kuaipao (斑马快跑) is now…


china bitcoin blockchain

New proposed rules could rock China's blockchain industry. Here's what they mean

The Cyberspace Administration of China (CAC) has released a set of draft regulations that, in its current form,…


Briefing: Chinese short-distance delivery platform eyes 2020 IPO

消息称闪送预计2020年IPO 目前估值约7亿美元 - Tencent What happened: Shanghai-based short-distance delivery platform Shansong Express…