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Chinese Big Tech firms like Alibaba and Tencent are purchasing land in Mainland China despite challenges in tech and real estate sectors.
The land grab comes as the domestic technology sector continues to recover from several years of regulatory upheaval, which has seen many firms scale back their operations.
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Vehicles run at the Central Business District (CBD) in Chaoyang District in Beijing, capital of China, June 6, 2022.In 2024, Beijing will accelerate the construction of a global benchmark for the digital economy, actively strategize in key sectors of the digital economy, and comprehensively transform production methods, lifestyles, and governance through digitization, Yin added.
Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM ...