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Hithium closes $622 million funding round

Hithium, a Chinese manufacturer of lithium-ion stationary energy storage systems, has announced a Series C funding round consisting of more than CNY 4.5 billion ($622 million). It will primarily use the funds to expand production capacity, procure advanced equipment, and conduct R&D.
United States Republic Of Mizhi Zhang China Venture Capital Fund China Us Green Fund Energy Investment Shenzhen

Love scam? Chinese tourist claims she was cheated $120k while holidaying in Singapore

One Chinese tourist's leisurely vacation in Singapore went from a dream to a nightmare in the span of two months. The woman, surnamed Jiang, came to Singapore for a vacation this year and ended up being scammed of US$90,000 (S$120,000), 8world reported on Tuesday (July 4). Jiang toured the island country for five days beginning on May 1 this year...
Zhang Yi Chinese Embassy One Chinese Singapore General

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