Beijing [China], April 23 (ANI/PRNewswire): Why smart cities? From all perspectives, it ticks all the boxes: innovation, technology and new economy. On a day-to-day basis, it makes our urban environments more liveable, it saves energy, keeps traffic flowing and keeps us safe.
Beijing [China], September 26 (ANI): Of late China's big tech firms like Alibaba, Tencent and Baidu are facing problems under growing pressure from Beijing's campaign to rein in their power and influence.
HONG KONG Reuters Chinese internet giant Baidu Inc has raised 1 billion in a two-tranche US dollar sustainability bond its first environment social and governance ESG transactionA 55-year tranche bond raised 300 million and the 10-year tranche secured 700 million a company statement saidThe shorter-dated bond was priced at US Treasuries plus 83 basis points while the longer-dated issuance was at US Treasuries plus 113 basis pointsInitial price guidance given to investors was US Treasuries plus 115 basis points for the 55 year bond while the 10-year was US Treasuries plus 150 basis points according to a term sheet reviewed by ReutersOn Tuesday Chinese regulators published new rules aimed at the China tech sector to tackle anti-competitive behaviour and companies handling of data