Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements.
While China’s engagement with Africa increases, the One Belt One Road policy diversifies China’s trade partners and reduces demand for African raw materials.
Terminus Group’s smart city products aim to enhance information and data exchange in urban environments to streamline city life and the delivery of emergency services.
China’s largest on-demand service platform has been one of the slowest tech giants to rebound from the impact of COVID-19, but the recovery is underway.