The latest boardroom action came this week, when Sequoia Capital, a Silicon Valley firm that was among the early investors in TikTok parent ByteDance, said it would split its China and U.S. operations …
Monthly Archives For June 2023
A top executive was fired after being caught having an affair on China’s version of TikTok. Now, the $85 dress his mistress wore in the video is selling out.
Chinese users on Weibo rushed to buy the pink dress the mistress wore, calling it the “dismissal” dress. Around 4,000 have been sold.
China’s AI Clout Might Be Overstated. What Investors Need to Know.
The rapid advancement of artificial intelligence adds another complicated layer to an already fraught relationship between Washingon and Beijing.
China’s Wanda unit seeking Hong Kong IPO told to explain its business
China’s top securities regulator has asked a Dalian Wanda Group subsidiary seeking a Hong Kong initial public offering to provide more information about its business and its connections to …
University Games torch relay underway in Beijing
Chinese table tennis star Ding Ning holds the torch for the 31st International University Sports Federation Summer World University Games. The torch relay kicked off on Saturday in Beijing. The event is scheduled to run…
Soccer-Messi in Beijing for friendly before move to Miami
Argentine superstar Lionel Messi arrived in Beijing on Saturday for a friendly match before leaving a storied European career to join Major League Soccer side Inter Miami as a free agent. His arrival was announced…
Smart port epitomizes vitality of China’s Greater Bay Area
The clamor one would typically expect to see at a busy port is distinctly absent in the new automated container terminal of Nansha Port in south China’s Guangdong Province. It is the newest smart port…
China confident, capable in achieving growth targets: central bank governor
China has the confidence, ability and conditions to achieve its expected economic growth targets, said Yi Gang, governor of the People’s Bank of China, China’s central bank. The central bank has been …
Messi in Beijing for friendly before move to Miami
Argentine superstar Lionel Messi arrived in Beijing on Saturday for a friendly match before leaving a storied European career to join Major League Soccer side Inter Miami as a free agent.
Beijing book fair to welcome back global publishers
Hassane Rabehi, Algeria’s ambassador to China, says publishers from Algeria will be able to learn more about the Chinese book market, while promoting the introduction of Algerian works to China and translation of classic works…
Sequoia China goes solo under HongShan brand, a sign that the bromance between US funds and China tech start-ups is over
The decision to make Sequoia China a separate entity is a fresh sign of decoupling between the world’s two largest economies The advantage of being able to work both sides has become a liability as…
U.S.-China talks to be held in Beijing months after spy balloon scuttled plans
An official on Friday said Blinken would be in Beijing on June 18, but gave no other details. The Associated Press also confirmed the trip, citing U.S. officials who spoke on condition of anonymity because…
China, Its Economy Flagging, Prods Consumers to Save Less and Spend More
China’s largest state-run banks lowered interest rates on deposits, reflecting a growing concern that the economy has not rebounded as strongly as expected.
