Bitcoin price quotes were added to Douyin, the Chinese version of TikTok — with over 1 billion users — for less than 48 hours before authorities …
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Jack Ma’s Clash With Beijing Costs Ant, Alibaba $850 Billion
As Jack Ma’s clash with the Chinese government draws to a close after almost three years, it’s clear how costly the conflict has proven for his companies, Ant Group Co. and Alibaba Group Holding …
China’s 3D printers are gaining popularity among US consumers, but can they shake their geeky reputation?
Shenzhen-based Elegoo hopes to democratise 3D printing technology with low prices and convenient shipping, but it will need to grow appeal outside niche markets to reach mass adoption.
China imposes fine of $1 billion on Jack Ma’s Ant group
A period of stringent regulation for the industry is ending with the announcement of the penalties by China’s top securities regulator, which is considered a hint that the authorities are closing up …
China’s most desperate migrant workers jostle for temporary jobs – losing means they sleep outside and stop eating
Faced with dwindling opportunities, from rural hometowns to major cities, some migrant workers sleep in the streets as they roll the dice on where the sluggish economic recovery will create the most …
Jack Ma’s Firm Asked To Pay Nearly $1 Billion Fine In China
Chinese authorities imposed a fine of nearly USD 1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked the company’s proposal for a …
China’s LNG Imports Soar Despite Global Price Dip
China’s imports of liquefied natural gas (LNG) hit 5-month highs in June, but weak demand, especially in Europe, kept a lid on prices. Last month, China imported 5.96 million metric tons of LNG, 28% …
China miners seek coal import curbs to ease glut
SINGAPORE: China’s coal inventories are so bloated and coal prices so depressed that some of the country’s miners have cut production and called for a halt to imports, despite a scorching heatwave …
US Treasury chief Yellen and China’s No. 2 aim for improved communication after trade disputes
U.S. Treasury Secretary Janet Yellen and Chinese Premier Li Qiang expressed hopes Friday for better communication as Yellen appealed to …
China manufacturers face slow recovery amid weak external demand | Video
As China relaxed strict zero-COVID measures and reopened its borders, authorities had hoped for a speedy economic recovery. But manufacturers are struggling with weak external demand. Olivia Siong …
Ant Group will buy back shares to ease investor pressure as China ends crackdown that derailed world’s biggest IPO
Ant said in January it had no plans for an IPO at that time. Still, the company’s Chairman Eric Jing said in 2021 that Ant would eventually go public. Ant co-founder Ma returned to China…
World Cities Branding Conference opens in China’s Macao
The first World Cities Branding Conference is initiated and organized by the Organizing Committee of the World Cities Branding Conference, and co-hosted by the World Tourism Economy Research Center.
China retaliates against US with export restrictions on strategic metals
China’s export restrictions on germanium and gallium were announced just prior to the visit of US Treasury Secretary Janet Yellen that will bring with it new US demands and threats.
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