Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video …
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China’s Country Garden expects 2024 loss to narrow from 2023’s $24 billion
Country Garden said it expected to post a narrower annual loss in 2024 as the embattled developer looks to revive its business and stave off a liquidation lawsuit after reporting a record 178.4 …
US Bans Imports From 37 China Firms Due to Alleged Forced Labor
The Biden administration has added 37 companies from China’s mining, solar and textile sectors to its list of those banned from exporting to the US due to alleged forced labor practices in the …
China is scouring the globe in search of new food suppliers
CHINA’S quest to feed itself has taken it as far as Kenya’s macadamia nut groves and Bolivia’s cattle ranches, as part of a push in recent years to diversify food sources away from traditional Western…
Why China may be OK with TikTok selling to Elon Musk
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with:…
Chatter about a Musk TikTok acquisition shows that he’s the future of U.S.-China relations
Talk of a possible sale of TikTok’s U.S. assets to Elon Musk reflects his increasingly powerful stance as a power broker at the nexus of U.S.-China relations. Why it matters: Beijing-based TikTok …
China weighs sale of TikTok U.S. to Musk as a possible option
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the U.S. operations if TikTok fails to fend off a controversial ban.
Xi calls China-EU economic relations ‘symbiotic’ amid trade tensions with US
China hopes the European Union can become “a trustworthy partner for cooperation”, Chinese President Xi Jinping told European Council President Antonio Costa in a phone call on Tuesday, state …
GOP tax leaders: US small businesses could pay more tax than small businesses do in China if Trump cuts expire
Republican members of the chief House committee on taxes said if Trump’s tax cuts expire small businesses could begin paying a higher tax rate than small businesses do in communist China.
Stocks and crypto rebound as dollar dips after PPI and tariff hike reports
The markets went wild on Tuesday, with stocks and cryptocurrencies bouncing back as the dollar took a hit. A surprise cooling in wholesale inflation and whispers about Donald Trump’s plan for gradual …
Xiaohongshu (RedNote), China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
On the heels of TikTok’s looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called …
China Battery Giant CATL’s Hong Kong Listing Plan Gathers Steam
Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion.
Xiaohongshu, China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
On the heels of TikTok’s looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called …