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Momenta, China’s first autonomous driving unicorn company

Momenta receives $1 billion investment.

Momenta, a China-based autonomous driving company, announced Thursday that it has secured a new round of funding at a valuation north of $1 billion. Existing investor NIO Capital and Pagoda Investment increased their investments. Strategic investors, including Tencent, government funds from Shanghai and Suzhou, China Merchants Group, and CCB International …

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Bodies of nine climbers killed on Nepal peak found

Search begins for nine climbers killed on Nepal peak.

A rescue team began retrieving the bodies of nine climbers killed in a violent storm on Nepal’s Mount Gurja Sunday. A helicopter dropped four mountain guides at the camp where the South Korean climbing expedition was staying when powerful winds and snow swept through, killing the entire team and scattering …

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China urges US to contribute to peace in the East Sea

Member of the Chinese State Council Yang Jiechi

China suggested the US contributed positively in safeguarding peace in the South China Sea after Washington called for settlement of disputes through dialogue and peaceful means. Member of the Chinese State Council Yang Jiechi at the end of a high-level dialogue Chinese – American in Beijing said it has the …

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