China Newsbase
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The China News Database was last updated at 08:27AM on December 31, 2023.
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132 articles matching the search query.
U.S. restriction on Chinese use of open-source microchip tech would be hard to enforce
RISC-V architecture that connects hardware and software could boost China’s chips sector and shrink the market for American-made chips.
This is the state of generative AI in China
Chinese tech companies are racing to create and monetize the type of artificial intelligence known as “generative AI,” which ChatGPT recently made famous.
The China Agenda for August 7–13 — Taiwan’s vice president to New York
This is what’s on the diplomatic, political, and business agenda for the week of August 7–13.
Editor’s note for June 1, 2023
A note for Access newsletter readers from Jeremy Goldkorn.
Can Alibaba’s six-ring circus succeed?
In its first earnings call following a restructuring prompted by regulatory pressures and investor expectations, Alibaba is signaling a shift toward financial optimization. But can it restore investor confidence and keep the government happy?
Alibaba’s big breakup leads to IPO hopes, staff layoffs
Alibaba will split into six separate entities with individual CEOs and boards, with several opting to pursue stock exchange listings.
Two billion eyes and a billion wallets: Short video ecommerce is thriving in China
TikTok’s potential death throes in DC were live streamed across the world last week, but China’s domestic short video platform ecosystem is in rude health, buffed up by live streaming ecommerce.
Costco entered China at the right time but can its success last?
Members club warehouse retail is suddenly very big in China, and Costco may have struck gold by offering bulk quantities of high value products that Chinese consumers want to buy.
Big box stores are dying and Carrefour China is on its last legs
Shelves are empty, staff are leaving, and Carrefour’s China operations — sold in 2019 by the French retail giant to Chinese white goods conglomerate Suning.com — is ready to breathe its last in China after 28 years. Blame ecommerce and COVID.
Jack Ma will no longer pull the strings at Ant
Billionaire Jack Ma will no longer control fintech powerhouse Ant Group, and a senior official says China’s tech crackdown has ended. These are signs that the ‘previous era of breakneck growth is over,’ Martin Chorzempa, a senior fellow at the Peterson Institute for International Economics, told The China Project.
The tech crackdown is officially over
A high ranking official has officially declared the more than two-year tech crackdown to be officially over, and it ended — as it began — with Ant Group.
Chinese video-streaming company Leshi gives staff a short work week
A struggling but famous Chinese internet company with only 400 employees has taken the lead in introducing a 4.5 work week for employees. Is it just hype, or will others in the industry follow suit?
Made in China 2025 is back, with a new name and a focus on database companies
The Chinese government has yet another plan to domesticate the country’s IT infrastructure and to take back control of its data from foreign companies. Chinese investors have taken note.
China’s loss-making cloud companies search for a silver lining
With a saturated market in a challenging macroeconomic environment, Alibaba Cloud and its competitors are desperately seeking new ways to grow.
The Singles Day shopping festival: Not so crazy anymore after all these years
Where’s this year’s sales data? Alibaba and JD.com aren’t saying, and it seems Chinese shoppers are falling out of love with over-hyped online shopping festivals.
Metaverse hype is dying down, but Nreal’s new headset may be the first real gateway to a long-promised virtual world
Has a Chinese headset maker created affordable hardware that will bring the metaverse to the masses?
Pinduoduo had a great quarter, and is sending strong signals that it will expand overseas
Growth in China’s ecommerce market is flattening, but agricultural and low-end goods ecommerce giant Pinduoduo has just reported great results for the second quarter. How long can the company keep expanding without venturing abroad?
With ‘instant retail,’ brick-and-mortar stores are making a comeback
Offline stores are back in the game. Local convenience stores are now delivering groceries, medicines, and clothes faster than Alibaba and JD.com can.
Giant Chinese companies delisting from U.S. exchanges signals the end of an era
Dexter Tiff Robers began reporting on Chinese companies in the 1990s as they first emerged on the world stage and began raising money on Wall Street. But now, as five more SOEs announce NYSE delistings, he thinks China’s corporate giants seem to be departing the U.S. for good.
Offline electronic appliances retailer Gome can’t compete with the ecommerce companies and is facing ruin
Gome and its charismatic founder, Huang Guangyu — who started out as a trash collector — made a fortune by selling discounted electrical appliances at big-box stores. Huang later spent a decade in jail for insider trading, but after he was released in 2020, he promised a return to the glory days.
