Xiaohongshu, backed by DST & Tencent, is China’s fastest-growing social media platform, now valued at $17B. Popular with young urban women.
Featured Posts Title
Hands-on with the Huawei Pura 80 in Shenzhen
China and US Ally in Maritime Confrontation Near Disputed Territory
Abbott Q2 Dx Revenues Dip 1 Percent on COVID-19 Testing Decline, China’s Procurement Program Impact
US Ally Calls China Greatest Threat
US-China trade deal may resemble phase 1 agreement from Trump’s first term: ex-official
ByteDance surpasses Meta, plus Jensen Huang’s fruitful trip in Beijing
China Reacts As Russia Floats New Geopolitical Power Bloc With India
Recent Posts
Xiaohongshu Gains $17 Billion Valuation Amidst Major Investments
China’s financial sector is put on needed GDP diet
It’s usually a red flag whenever China’s bean counters “optimise” already questionable market indicators. However, the recent tweak to how the country calculates what the financial sector contributes …
China Regulator Said to Ask Some Banks to Dial Back Bond Risk
China’s financial regulator asked some rural lenders to shorten the average duration of their bond holdings, according to people familiar with the matter, as authorities seek to safeguard the banking …
China Sends Record Number of Warplanes Across Key Boundary Line With Taiwan
The latest incursions across a U.S.-drawn median in the strait, a line Beijing has never recognized, come as Taiwan’s new President considers travel to the U.S.
China’s robotaxi push sparks concerns about job security for drivers
China’s yearslong effort to develop robotaxis is starting to gain traction with consumers — and rattling taxi drivers who are worried about losing their jobs
Top American Brands Like McDonalds and Apple Are Losing Ground in China
Major American brands like Apple, Starbucks and McDonald’s are rapidly losing market share in China to new domestic rivals. WSJ’s Jonathan Cheng explores how Chinese brands are squeezing out their U.S …
The EV trade war between China and the West heats up
China’s most obvious target in EV tit-for-tat is Tesla. America’s EV pioneer has a huge presence in China and is constantly vying with BYD, a local rival, to be the world’s top maker of battery-powered…
Man caught attempting to smuggle 104 live snakes in his pants at China border
The man carried six large plastic bags full of snakes, according to China’s customs authority. China is widely known as the world’s largest destination for illegal wildlife trafficking, with Hong Kong acting as a major…
China is building two-thirds of new wind and solar globally, report says
China generated 53% of its electricity from coal in May, a record low, while a record high of 44% came from non-fossil fuel sources, indicating its carbon emissions may have peaked last year if the…
China approves establishment of international communications gateway exchanges in 4 cities
China Telecom, China Mobile and China Unicom are approved to set up the gateway exchanges in the cities of Nanning, Qingdao, Kunming and Haikou, according to a statement from the ministry. The gateway …
i-Space’s Rocket Launch Failure: A Setback for China’s Private Aerospace
China’s private aerospace company i-Space experienced a setback with the failed launch of its Hyperbola-1 rocket. The incident occurred at the Jiuquan satellite launch center and is currently under investigation.
China’s Benchmark Rate Becomes Endangered Species in Central Bank Shift
The People’s Bank of China’s Governor Pan Gongsheng last month said Beijing is studying shifting to a short-term rate to guide markets, spurring traders and economists to slap an endangered species tag on the existing…
China’s Benchmark Rate Becomes Endangered Species in Central Bank Shift
The People’s Bank of China’s Governor Pan Gongsheng last month said Beijing is studying shifting to a short-term rate to guide markets, spurring traders and economists to slap an endangered species tag on the existing…
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