Tags: China
Exiled Chinese Billionaire Guo Wengui Faces Fraud Charges for $1 Billion Scam in NYC
Self-exiled Chinese billionaire Miles Guo Wengui faced court over his fraud charges, with prosecutors alleging him of financing his luxurious lifestyle.
China Bans Wealthy Influencers from Social Media After Flagging their 'Luxury' Content as Bad Behavior
China has recently cracked down on "bad behavior" content, suspending super-wealthy social media influencers to discourage extravagance and materialism.
Singapore Issues Recall for China Walnut Products Over Prohibited Sweeteners
The Singapore Food Agency (SFA) recalled two walnut products from China over prohibited sweetener content, urging caution while conducting proactive testing.
Alibaba Says It Considers Selling Convertible Bonds to Raise $5 Billion, Then Its Hong Kong Shares Suddenly Dropped
Hong Kong-listed shares of Alibaba dropped more than 5% on Thursday after news broke that the Chinese e-commerce giant was considering issuing convertible notes to get $5 billion.
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The threat of potential retaliatory tariffs from China on luxury cars from the EU and US has intensified amid escalating trade tensions, impacting European automakers like Mercedes-Benz and BMW.
Chinese scientists at Tianjin University developed a cost-effective aluminum alloy with remarkable strength and heat resistance, revolutionizing aerospace and industrial applications.
China will invest billions in the Cyberspace Administration's language model, based on Xi Jinping's ideology. They boast that it is more "secured and reliable" as ChatGPT remains inaccessible in China.
Apple is aggressively discounting select iPhone models in China, offering up to a $360 price reduction on its official Tmall site. It aims to compete with local rivals like Huawei, which is under pressure from its new smartphone series, the Pura 70.
China restricts certain US corporations' investments, imports, and exports, including weapons sales to Taiwan.
Amidst Taiwan's presidential inauguration, the Chinese government made a significant move by imposing sanctions on Boeing and two other defense companies.
William Lai Ching-te has been sworn in as Taiwan’s new president, replacing Tsai Ing-wen after her eight-year tenure.
Chinese companies are optimistic about global trade, posing challenges to complete separation, especially as European firms, notably Germany, Spain, and France, express confidence in expanding their presence in China.
The Chinese government announced measures to stabilize the struggling real estate market. It allocated $42.25 billion to help state-owned enterprises purchase unsold apartments, aiming to provide liquidity and promote affordable housing.
The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China.