News Around the Globe
By Feuer Shares of Chinese property developer Evergrande Group tanked 10 percent on Monday in Hong Kong trading as heightened fears that it may default on its debt rippled across …
Read MoreBy Kennedy China’s richest woman, who ran afoul of Communist Party politics and disappeared in 2017, resurfaced briefly on Sept. 4 in a phone call to her ex-husband, according to …
Read MoreBy Feuer China’s newest billionaire made his fortune on greasy food and cold beers. Xu Bingzhong, the CEO and Chairman of Helens International Holdings, the largest chain of bars in …
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By Feuer Chinese e-commerce giant Alibaba said Monday it has fired a manager who was accused of rape by another employee of the company. In addition to the termination, two …
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By Feuer The Chinese government broadened its crackdown of the country’s homegrown tech companies – targeting two more firms that recently started trading on US exchanges. The Cyberspace Administration of …
Read MoreBy Feuer The price of bitcoin and other cryptocurrencies dropped after Chinese authorities called for a crackdown on “mining” and trading. The Chinese government said in a statement that greater …
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By Elisa BEIJING — In a rare admission of the weakness of Chinese coronavirus vaccines, the country’s top disease control official says their effectiveness is low and the government is …
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By Lisa Beyond Meat is opening its first factory in China in a bid to entice more consumers in the world’s biggest country to eat its plant-based burgers and other …
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By Steve Tesla says it delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that has hit the global auto industry. The number was …
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By Manskar Jack Ma’s clash with Beijing may have pushed him out of the public spotlight – but it didn’t stop him from taking to the skies. The billionaire Alibaba …
Read More By Alec Alibaba and Ant Group founder Jack Ma has lost the title of China’s richest man, a list published showed, as his peers prospered while his empire was put …
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By Elie Ant Group has agreed on a restructuring plan with Chinese regulators under which the fintech giant will become a financial holding company, a person with direct knowledge of …
Read More By Manskar Alibaba’s New York-listed shares dropped about 9.9 percent to $230.80 in premarket trading after Beijing’s State Administration for Market Regulation announced the probe, the latest setback for the …
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By Paula The former chief trust officer of Airbnb was so concerned about how much user data the internet behemoth was sharing with China, he resigned from his post last …
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By Ellie The TikTok company is discussing the round with existing investors including Sequoia Capital and General Atlantic to raise around $2 billion for the company, the people said, declining …
Read More By Renni Seven pro-democratic lawmakers were arrested in Hong Kong on charges related to obstructing a legislative council meeting in May, they said on Facebook, a move that comes after …
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By Manskar Juul Labs helped Chinese authorities take down a manufacturer that allegedly ripped off its vapes and sold the fakes overseas, the company said. The operation was one of …
Read More By Vega TikTok got yet another reprieve on Friday after a federal judge blocked a Trump administration ban which would have effectively shut down the Chinese-owned app in the US …
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By Vega Google is reportedly staring down the barrel of an antitrust probe from China. Beijing is investigating whether Google leveraged the dominance of its Android operating system for smartphones …
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By Manskar Amazon has banned foreign merchants from selling seeds and plants to US customers while officials investigate the Chinese seed packets that were mysteriously delivered to Americans. The e-commerce …
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