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China sees more inclusive finance loans in Q1 despite COVID-19

VCG China's RMB inclusive finance loans increased by 1.03 trillion yuan (about 145.47 billion U.S. dollars) in the first quarter of the year, a year-on-year increase of 313.5 billion yuan, des

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Chinese engineering firm fully resumes construction of China-Laos railway

The Laos-China Railway Co., Ltd. (LCRC), a joint venture based in the Lao capital Vientiane in charge of the railway, said on Saturday that the China Railway Group Lim

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Construction of 1st communication tower of China-Laos railway completed

The construction of a 40-meter four-pipe communication tower of the China-Laos railway Vientiane station was completed on the outskirts of the Lao capital on Monday, m

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China's privately offered funds top 14 trln yuan

China's privately offered funds scaled up to exceed 14.25 trillion yuan (about 2.01 trillion U.S. dollars) by the end of March, industry association data showed. The f

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Punitive liquidation preferences return to VC — don’t do it

As silently and swiftly as it has devastated families and communities around the world, COVID-19 has also left many startups gasping for air. Emerging companies with strong 2020 revenue forecasts have

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North Carolina-based The Climate Service raises $3.8 million for climate audits

With corporations across the world taking a closer look at the effects their operations have on global climate change, investors are backing a crop of software and services that are cropping up to pul

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Checking on Utah’s startup scene as the economy slips

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.TechCrunch is taking a closer look at a few markets as the world changes. Followin

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Buick launches new multi-purpose vehicles in China online

Buick on Sunday held an online launch of its all-new GL8 Avenir family, as part of the automobile brand's efforts to offer products better tailored to the needs of the

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Ahead of earnings, SaaS stocks show resilience

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.This morning we’re taking a brief look at SaaS stocks ahead of earnings, mak

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No-code automation platform Tonkean raises $24M from Lightspeed

As more companies find their workflows upended by remote work in the pandemic crisis, there are plenty of SaaS startups aiming to sell them a new path to streamlining processes. Tonkean is an SF start

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Founder worries increase as investors pump the brakes

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.So far, 2020 has proven to be a year of surprises and disappointments. Over the pa

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Sino-ROK joint venture restarts ethylene renovation project in Wuhan

Sinopec-SK (Wuhan) Petrochemical Company Limited, a Sino-ROK joint venture, restarted its key ethylene renovation project on Monday in Wuhan, capital of Hubei Province

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GM and Honda are co-developing two new electric vehicles due to arrive in 2024

GM and Honda will jointly develop two new electric vehicles slated for 2024, the latest move by the two automakers to deepen their existing partnership.Under the plan, the automakers will focus on the

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How bad will SaaS churn get in the downturn?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.This morning we’re talking about churn — the bane of software-as-a-service (

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Tim Draper’s Los Angeles-based blockchain-focused venture studio adds a venture partner

The Los Angeles-based venture capital studio focused on blockchain and fintech startups which longtime venture investor Tim Draper now calls home has added a new venture partner to its team.Draper Go

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Qarnot raises $6.5 million for its computer servers that heat buildings

French startup Qarnot has raised a $6.5 million (€6 million) funding round. The company manufactures heaters and boilers with a special trick —they pack computers as computers tend to generate a lot o

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Anorak’s Greg Castle on early-stage investing during a crisis

As the venture landscape adjusts to the COVID-19 pandemic and seismic shifts in public markets, early-stage VCs are reassessing which bets they’re making, along with questions they’re aski