Chinese food-delivery giant Meituan said it will cut commissions for some small and medium-sized merchants nearly two weeks after new government guidelines asked food-delivery platforms to lower fees …
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Recent Posts
Meituan Cuts Merchant Fees to Comply With China’s Policy Change
China pushing datacenter construction projects in western area
Several of China’s government departments, including the National Development and Reform Commission (NDRC), have announced cooperative construction projects for integrated computing network hubs in …
China Mobile Tianjin, Huawei Partner to Build Premium OTN Private Lines
China Mobile Tianjin has partnered with Huawei to launch DoubleS-OTN — the optical private network with ‘DoubleS’ experience …
How Will the US and EU’s Banking and Financial Sanctions on Russia Impact China?
We have analyzed the extent of the US and EU sanctions imposed on Russia and their impact on Chinese businesses operating in the Russian market.
Pakistan’s farmers keen to export onions to China
Provided by Xinhua Pakistan is one of the world largest onion producers Malaysia Gulf countries Bangladesh and Sri Lanka are the major overseas de …
Coronavirus lockdown: what can Hong Kong learn from China’s cities?
China mobilised more than 4.6 million grass-roots Communist Party cells and 4 million community workers to help the city and its neighbouring areas in Hubei province during the lockdown period. At a …
Meituan sums up struggle to solve Beijing riddles
The food-delivery giant lost $28 bln in market value after regulators suggested last month that merchant charges should be cut. State media later downplayed the guidance, but now the company is …
Unilateral actions violate China-U.S. trade deal and WTO principles Unilateral actions violate China-U.S. trade deal and WTO principles
Recently, the Biden administration argued that China had met only about 60% of the goal under the China-U.S. trade deal, which means China did not buy enough American products. Subsequently, the U.S.
Don’t buy Big Tech’s big lie that breaking it up helps China. It already does what China wants | Opinion
As Big Tech gatekeepers like Google and Amazon face long-overdue scrutiny in Washington for anti-competitive practices that limit choice and reduce quality online, they have resorted to a …
China to support overseas infrastructure to bolster trade
China’s commerce ministry will input more to support building overseas warehouses and promote the development of overseas smart logistics platforms, an official said Tuesday. China’s foreign trade …
Former HKMA chief plans Hong Kong Spac IPO
the promoters will focus on companies in Greater China’s financial services and technology sectors “that have competitive edges on sustainability and corporate governance”, according to the prospectus …
Asian woman attacked with rock in Corona dies after 10 weeks in coma
GuiYing Ma, a 62-year-old Asian woman who was attacked last year by a man with a rock, has died after spending 10 weeks in a medically induced coma.
China Holds Talks With Ukraine, Further Edging Away From Russia
China is “extremely concerned” about the harm to civilians in Ukraine, Foreign Minister Wang Yi told his Ukrainian counterpart in a call, in the latest indication of Beijing’s desire to prevent the …