Hundreds of Chinese businesses have reportedly applied for $8B+ in loans to deal with coronavirus impactwww.reuters.com
Those include Xiaomi, which is said to have applied for 5 billion yuan ($716 million) in loans, as well as top tech firms including Meituan Dianping, Didi Chuxing, Qihoo 360 and facial recognition start-up Megvii.
Meanwhile, analysts have lowered their smartphone sales estimates in Q1 2010 by 20% -- overall numbers aren't clear but offline says could fall by 50% year-on-year link
The government has launched an app to help check on the risk of catching Coronavirus link
And, finally, yes of course... because this is China, citizen journalists documenting the crisis in Wuhan from the ground have disappeared linkRead more...