HONG KONG and LONDON — A Chinese official rejected on Thursday an accusation from NATO members, who said that Beijing has become a “decisive enabler” of Russia’s war in Ukraine. A spokesperson for China’s Mission…
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Taiwan monitors surge in Chinese military activity as Beijing’s carrier exercises in Pacific
TAIPEI – Taiwan defence ministry said on Thursday (July 11) it was closely watching Chinese military movements after a surge in warplanes joined drills with China’s Shandong aircraft carrier in the Pacific.
Xiaohongshu Gains $17 Billion Valuation Amidst Major Investments
Xiaohongshu, backed by DST & Tencent, is China’s fastest-growing social media platform, now valued at $17B. Popular with young urban women.
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…
Chinese social media sensation Xiaohongshu wins major foreign VC backing
Yuri Milner’s DST Global takes stake at $17bn valuation in rare investment from overseas after China’s tech crackdown …
Over $80B deals inked at China trade fair
The 30th China Lanzhou Investment and Trade Fair (CLZITF) concluded on Wednesday in northwest China’s Gansu Province, with deals worth about 604 billion yuan (about 84.7 billion U.S. dollars) inked.
China coal generation share at record low in May as renewables hit highs
Increased renewable generation led carbon dioxide emissions from the power sector, which make up some 40 per cent of China’s overall emissions, to fall by 3.6 per cent in May …
US needs stronger defenses against China’s overcapacity, Treasury official says
The U.S. may need to take further and “more creative” actions beyond tariffs to protect U.S. industries and workers against China’s growing excess industrial capacity, the U.S. Treasury’s top economic …
