Pinduoduo currently intends to keep focusing on its business in China and invest in user experiences plus operations to improve our consumers’ experiences, says David Liu, vice president of strategy. ( read original story …)
Featured Posts Title
Beijing AI academy slams inclusion on US Entity List
Oil prices are high but could be much worse. Trump has China’s Xi to thank for that
Trump will be at the airport to greet Xi when China’s leader arrives for his US state visit
Beijing Seeks Trade Stability With Washington Ahead of Xi-Trump Meeting
US Treasury’s Bessent to discuss AI, trade, rare earths with China’s He, source says
Tehran sees Beijing as potential bridge to Washington
US, China discuss cutting tariffs on US LNG ahead of Xi visit
Recent Posts
China’s Pinduoduo: Not looking to list in Hong Kong for now
Outgoing US Justice Department officials call their ‘China Initiative’ to counter Beijing a success
The US Justice Department gave itself high marks in a report card released on Monday on the second anniversary of its “China Initiative”, a programme aimed at blunting Beijing’s influence in the … ( read…
China’s Tsinghua Unigroup Defaults on $198 Million Bond: Sources
SHANGHAI (Reuters) – Tsinghua Unigroup, a major government-backed player in China’s technology race, has defaulted on a 1.3-billion-yuan ($197.96 million) bond, three sources said, as several … ( read original story …)
Ant IPO Timing Depends on Beijing, CSRC’s Fang Says: NEF Update
The four-day Bloomberg New Economy Forum kicked off with business and political leaders taking on issues from the economic fallout of the coronavirus pandemic to the future of global trade and climate … ( read…
China’s securities regulator hopes Sino-U.S. ties better with Biden administration
China Securities Regulatory Commission Vice Chairman Fang Xinghai said he hopes Sino-U.S. relations will be in a much better state after four years of a U.S. President-elect Joe Biden administration … ( read original story…
Universities showcase R&D prowess at Shenzhen fair
Prestigious universities and research institutions used the 2020 edition of the event, which was held in Shenzhen, Guangdong province from Nov 11 to 15, to display cutting-edge projects. Around 3,300 … ( read original story…
China-Pakistan CPEC project has long road ahead as Beijing puts hold on projects
The Covid-19 pandemic, ongoing political unrest and foreign debt limits have resulted in a slowing of Chinese investments in Pakistan as Beijing has put a hold on … can dictate terms on China … (…
China a step closer to US in brand value
China has continued to narrow the gap to long-standing leader the United States in an annual measurement of national brand value, despite the world’s top 100 most-valuable nation brands registering a … ( read original…
U.S. companies with China operations look to the Asian giant for growth
A survey by IHS Markit in late October of more than 6,600 companies in 12 countries found that companies in China reported the highest recovery rate from the coronavirus pandemic, followed by those in ……
China’s crackdown on crypto intensifies and Bitcoin miners are next
Bitcoin miners in China suffer a hike in electricity following the government’s clampdown. Roughly 74% of miners express dissatisfaction as they hope to move to a more friendly environment. It appears … ( read original…
Jacinda Ardern refutes China’s claims it found coronavirus in meat imported from New Zealand
Jacinda Ardern has demanded answers after authorities in the Chinese city of Jinan claimed coronavirus was detected on beef, tripe and product packaging from Brazil, Bolivia and New Zealand. ( read original story …)
How China’s big tech companies upset Beijing
The climate is cooling rapidly for China’s tech giants. After years of warily allowing companies such as Alibaba and Tencent the freedom to grow without significant interference, Beijing has signalled … ( read original story…
Drivers in Beijing get fake married for a licence plate (really!) to beat wait of up to nine years caused by rationing
How far would you go to obtain a licence plate for a car? In Chinese cities, the rationing of plates to limit car use – as a way to reduce air pollution and traffic congestion…
