Chinese Tiktok in Talks with Donald Trump Administration to Avoid Full Sale of US Assets The talks with the administration have picked up since last week, when the Chinese government passed new rules restricting the export of artificial-intelligence technology, which could affect the sale of TikTok to a non-Chinese owner.
China ZTE Reports Sustained Growth in Both Profit And Revenue in H1 2020 Despite Global Pandemic In the first half of 2020, the company strengthened its cash flow and sales revenue collection management. Its net cash flow from operating activities for H1 2020 is approximately RMB2.04 billion, about 61.1% year-on-year growth.
Indian Paytm Payments Bank Approaches RBI for In-Principle Approval to Become Small Finance Bank Paytm Payments Bank had facilitated more than 485 Cr transactions worth INR 4.6 Lakh Cr. It said that the domestic money transfers had accounted for INR 29K Cr, a significant growth from the last fiscal year.