Alipay, China’s largest payment platform with more than 1 billion users, reportedly featured Bitcoin and cryptocurrency-related ads for users in mainland China. Many mainland Chinese users saw …
Tagged By beijing
What a censored speech says about China’s economy
In recent days party leaders have promised “extraordinary” efforts to fight China’s slowdown, including a “moderately loose” monetary policy and a “more proactive” fiscal policy. They have also …
China vows to issue more debt, cut interest rates next year
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 gears up for more trade tensions with the United …
Donald Trump Invited China’s Xi to Presidential Inauguration: Report
Trump asked Xi to come to the January 20 ceremony, but it is not clear if he has accepted, CBS News said. The report could not be independently verified by News …
China banned exports of a few rare minerals to the US. Things could get messier.
As you may already know, China banned the export of those materials to the US last week and placed restrictions on others. The move is just the latest drama in escalating trade tensions between the…
China’s Instagram-Style Xiaohongshu Crosses $1 Billion in Profit
Xiaohongshu, the Instagram-style app that took off among younger Chinese during the pandemic, is on track to double profits to more than $1 billion in 2024 ahead of a potential IPO.
Hong Kong IPO: Chinese soy sauce maker Foshan Haitian eyes dual listing
Shanghai-listed Foshan Haitian Flavoring & Food, the biggest listed condiment maker in mainland China, is seeking a dual listing in Hong Kong that could raise as much as HK$1.5 billion (US$193 million …
China’s Nio, behind on growth targets, aims to tighten cost control
Chinese electric vehicle (EV) maker Nio will seek to improve efficiency and cost control as it seeks to spur sales growth that is two years behind schedule, its CEO said on Thursday.
He thought he had escaped Beijing’s clutches only to vanish back into China
The secret repatriation of a Uyghur man shows China’s long reach, especially against Uyghur Muslims, whom the U.S. says there is an ongoing genocide against.
US Sanctions Member of China’s Cyber Hacker Army
Guan Tianfeng represented his employer, a state contractor, in hacking competitions, which analysts fear strengthen China’s cyberattack capabilities.
China Comes Out Swinging as Trump Trade War Looms
Beijing is brandishing an expanded arsenal of countermeasures as President-elect Donald Trump threatens across-the-board tariffs on Chinese-made goods.
A watchdog in China has called out Temu’s parent company for its refunds-without-returns policy
The policy allows customers to claim refunds without returning their items, which merchants say is unfair.
China shares an Asian standout as Beijing sets plans and targets for economy
Shares advanced Thursday in Asia after Wall Street resumed its upward climb, as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. Chinese shares …