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Dongfeng Motor Vehicle Recall: China's Dongfeng Motor plans to recall 1.19 mn cars from Dec 30, ET Auto

Dongfeng Motor Vehicle Recall: The recall encompasses various brands that fall under Dongfeng s collaborative partnership with Nissan Motors, and the affected vehicles were manufactured during the timeframe spanning from July 23, 2018, to September 26, 2021. ....

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tower: Intel to walk away from $5.4 billion acquisition of Tower Semiconductor

Intel will not acquire Israeli contract chipmaker Tower Semiconductor as the $5.4bn deal expires on Tuesday and Intel did not secure approval from Chinese regulators as required under its contract. Intel will pay Tower a $353m break-up fee to walk away from the deal. Tensions between the US and China over trade, intellectual property, and the future of Taiwan are spilling over into corporate dealmaking, especially when it involves technology companies. ....

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Alibaba and NetEase bet future on AI despite looming US restrictions

Zhejiang has become China’s first province to launch a local policy guideline designed specifically to help Big Tech firms. ....

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NFT complaints in China surge 300-fold in 2022 as crypto market faces regulatory, commercial risks

Pricing and service issues were among the top complaints to China’s market regulator about non-fungible tokens, but were a small fraction of the total. ....

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China beefs up unfair competition rules

Increased punitive damages and extended civil liabilities raise the stakes for infringers, explains Pei Lyu and Kevin Han of Gen Law Firm. ....

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