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Cars move slowly on a highway during the Spring Festival holiday in Xi'an city, Northwest China's Shaanxi province, Feb 6, 2019. [Photo/IC]

Changshuo Technology, a key Apple product original equipment manufacturer which is reported to handle about 40 percent of iPhone production, is short of hands at its plant in Pudong, Shanghai, the report said, citing a person familiar with the matter. It is difficult for workers across the country to return to their jobs, and the factory has to recruit workers exclusively from the Yangtze River Delta region to fill the gaps. To add another difficulty, workers can go to their jobs only after 14 days of quarantine.

Carlos Miro, founder and CEO of Truckpad, told possible Chinese investors that his company is similar to Didi for truck drivers and had 0 million in gross merchandise volume (GMV)in 2016 and had 0,000 in revenue, up by 1,200 percent year-on-year. He added that it should have broken even by August this year. According to a fundraising brochure, the company aims to raise million to improve technology and products and do more marketing.

Canyon Bridge Capital Partners’ planned .3-billion acquisition of Semiconductor Corp was one of the largest attempted by a Chinese-backed firm in the US chip sector and was the first announced deal for the Palo Alto, California-based firm, which launched last year with a focus on technology investments.

Cashless payment has become popular among senior citizens. Nie Lina, 62, has learnt shopping online and ordering take-away from restaurants on her smartphone.