The State Administration for Market Regulation and the Ministry of Commerce have directed Pinduoduo owner PDD to fix this practice.
Monthly Archives For December 2024
Trump says the U.S. is going to do ‘something great with crypto’
President-elect Donald Trump said the U.S. is going to become the global leader for cryptocurrency in his upcoming term. “We’re gonna do something great with crypto because we don’t want China, or …
China Market Update: Central Economic Work Conference (CEWC) Release Highlights Domestic Consumption Revival: Deep Dive
Asian equities were largely higher overnight, as Hong Kong, South Korea, and Pakistan (+85% YTD) outperformed.
China cybersecurity regulator to continue crackdown on illegal financial services online
Cyberspace Administration of China says it has taken action against a number of accounts on social media platforms.
China pledges more borrowing and interest rate cuts to counter Trump’s tariff threats
China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it girds for more trade tensions with the U.S. as …
China’s imports post sharpest decline in 14 month in November, largely missing expectations
China’s exports rose 6.7% in U.S. dollar terms from year ago, sharply lower than the 12.7% growth in the previous month and missing the forecast 8.5% increase. Import data surprised with a decline of …
Exclusive: UK regulator’s Shein IPO decision slowed by challenge from Uyghur group
Britain’s financial regulator is taking longer than usual to approve fast-fashion retailer Shein’s IPO because it is checking its supply chain oversight and assessing legal risks after an advocacy …
US Navy Eyes More Lethal Firepower in South China Sea
The U.S. Navy will deploy the littoral combat ships with added capabilities forward around the globe, particularly in the Pacific Ocean, Del Toro added. He also claimed that the containerized launcher will provide “tremendous firepower”…
China stresses plans to boost growth at top agenda-setting meeting
The annual economic work conference followed a high-level Monday meeting of the Politburo, the ruling Communist Party’s top decision-making body.
Trump invites China’s Xi to his inauguration even as he threatens massive tariffs on Beijing
President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration next month — extending a diplomatic olive branch …
China Moves to Trump-Proof Its Economy
Leaders promised more government support for China’s struggling economy next year as they brace for another big showdown over trade.
China cracks down on Karate-chopping cleaning ladies
H OW DID this cleaning lady steal everything from me? I’ll kill her!” yells the villainous Miss Wang in “Cleaning Mom, the Return of the Infinite”, a soap opera released in October. In the finale,…
Audi’s Rebrand in China Points to Bigger Changes in the Auto Industry
The “four rings” turns to “four letters” in China—a choice that also signals deeper shifts in the global auto market, where Chinese automakers now dominate.
