Chinese e-commerce giant JD.com has so far racked up 311.4 billion yuan ($48.6 billion) in sales across its platforms during the Singles Day shopping event, smashing through its record last
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Yahoo pulls out of China amid 'challenging' environment
Fox Business Flash top headlines for November 1 Check out what’s clicking on FoxBusiness.com. HONG KONG — Yahoo Inc. on Tuesday said it plans to pull out of China, citing
Continue reading »Boston Celtics star slams China's Xi over Tibet, Tencent scraps team's NBA broadcast
Boston Celtics player Enes Kanter tweeted a video in support of independence for Tibet. Not long after, highlights from the Celtics' game against the Knicks were made unavailable on the
Continue reading »China knows Biden admin is ‘incredibly weak’ right now: Malliotakis
China knows Biden admin is ‘incredibly weak’ right now: Rep. Malliotakis Rep. Nicole Malliotakis, R-N.Y., on U.S.-China relations under the Biden administration. Rep. Nicole Malliotakis, R-N.Y., weighed in on Chinese
Continue reading »ADB Raises Developing Asia 2022 Growth Outlook
The Asian Development Bank raised its economic growth projections for the next year but signaled divergence in the recovery paths among regional economies. In its latest Asian Development Outlook 2021
Continue reading »Commerce Ministry for imposing anti-dumping duty on pharma API from China
Directorate General of Trade Remedies has recommended the duty after concluding in its probe that the API from China has been exported at dumped prices into India, which impacted the
Continue reading »China Manufacturing Sector Shrinks Slightly In August
China’s manufacturing sector contracted slightly in August, driven by a renewed drop in output and a further fall in new work, survey results from IHS Markit showed on Wednesday. The
Continue reading »China widens crackdown on LGBTQ groups and content
Hong Kong (CNN Business)WeChat has deleted more than a dozen LGBT accounts run by university students, sparking fears that safe spaces for China’s sexual and gender minorities are going to
Continue reading »Biden Administration Accuses China of Using Cyberattacks to Extort U.S. Businesses
The United States, along with Western allies officially accused the Chinese government of working with cybercriminals who used ransomware to extort U.S. businesses, and for playing a role in the
Continue reading »China lays out its 5-year tech master plan
New York (CNN Business)Didi, China’s largest ride-hailing service, continues to fall into deeper trouble with Chinese regulators. The Cyberspace Administration of China on Sunday banned Didi from app stores after
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