China

The sales of January for budget electric cars in China have been around double the numbers of recently launched Tesla, which has been interrogated in February over some safety issues.

Several western automotive brands, including Ford electric Mustang, are targeting China for their products, as the number of sales of electric vehicles is expected to have a strong growth.

During the previous year's border clash between China and India in the area of Ladakh, around 20 soldiers from the Indian military forces have reportedly died.

For the project for smart electric cars, Baidu would provide 'intelligent driving capability' to install in the vehicle, while Geely is in charge of designing and manufacturing process.

Due to the inappropriate monopoly tactics followed by Alibaba, the founder of the tech giant Jack Ma, has already experienced wrath from the regulating authority after a coordinated, concentrated effort over his firm.

Chinese government has recently announced a proposal that contains new regulations which are directly aimed to curb the power of biggest internet giants in the country.

According to the deputy governor of the PBOC, the amount of China digital currency that has been transacted is 1.1 billion Yuan, which is equivalent to $162 million.

The US attempt to ban WeChat has been rapid as it is believed by the Commerce Department that the Chinese Communist Party could possibly use the personal data of American users.

After TikTok rejected Microsoft bid, it has paved an easy path for Oracle to take the US operations of TikTok, which has been regarded as a great company by President Donald Trump.

Chinese chip giant SMIC has less advancement in their production items as compared with some other rival corporations, as the company cannot develop small microchips and transistors.

There has been a series of territorial flare-ups between India and China at the Himalayan mountain range, which are said to be due to provocative military movements by China.

This decision of restrictions on Huawei over usage of US-made computer chips proves the continuing commitment of the United States towards impeding the Chinese tech company.