A stable and sustainable development trend on trade and business matters between China and the United States will benefit both nations, China’s Vice Commerce Minister Wang Shouwen said on Friday.
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China’s bottled water billionaire lashes out at Pinduoduo, ByteDance
One of China’s richest people has taken aim at tech firms ByteDance and Pinduoduo for allegedly harming him and Chinese brands. Zhong Shanshan, 69, and his bottled water company Nongfu Springs have …
Chinese court provides legal clarity on the controversial ownership of crypto in Mainland China
The Shanghai Songjiang People’s Court confirmed that Chinese law did not prohibit the ownership of cryptocurrencies in mainland China. Judge Sun Jie’s opinion on the court’s official WeChat page …
The world’s auto giants will need to partner with Chinese companies to survive in China, analysts say
Time is running out for traditional foreign automakers to adapt to China’s electric car market, signaling to industry analysts that companies must double down on local partnerships to survive. U.S.
Starbucks’ China business is struggling. Here’s how the company may give it a jolt.
The news comes as the company is under pressure from activist investor Elliott Investment Management, which has called for a review of the China business. The company’s newly ap …
China says stable trade and business development with US will benefit both nations
A stable and sustainable development trend on trade and business matters between China and the United States will benefit both nations, China’s Vice Commerce Minister Wang Shouwen said on Friday.
China Unicom, Huawei launch 5G-Advanced network in Beijing
Huawei said the new 5G-A network covers stadiums, schools, scenic areas, metro stations, commercial areas and residential districts.
Wuzhen Summit: China creates AI advisory body, with Alibaba Cloud founder as chief expert
The AI Experts Committee is expected to promote China’s perspective on how the fast-growing technology should be governed.
China’s e-commerce upstarts will start to look more like Western ones
I t did not take long for Chinese e-commerce firms to spread worldwide. Shein has rapidly become the preferred choice of American teenagers buying clothes. In 2023 TikTok launched its own e-commerce offering to its…
Shanghai Court Confirms Crypto’s Legal Status as Property in China
A Shanghai court has confirmed that crypto has a legal status in China as a property, setting a major precedent in the nation …
Uber Said in Talks to Invest in US IPO of China’s Pony AI
Uber Technologies Inc. plans to invest in Pony AI Inc.’s US initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm, people familiar with …
China’s Surveillance State Is Selling Citizen Data as a Side Hustle
Chinese black market operators are openly recruiting government agency insiders, paying them for access to surveillance data and then reselling it online—no questions asked.
Chinese Cosmetics Label Mao Geping to IPO in Hong Kong
The company has begun its pre-deal investor education process and is aiming for a market debut on the main board in December, according to local media reports.
