China Newsbase
Fast, easy search of the China news that matters
The China News Database was last updated at 08:27AM on December 31, 2023.
Database searches currently perform best when a tag filter is used. We suggest trying out these tags: Xi Jinping, Russia, Taiwan, COVID-19, climate change, electric vehicles, gaming, IPOs, Belt and Road Initiative.
You may also filter by articles featured in our daily members-only Access newsletter, to get a curated overview of the top news and analysis about Chinese politics, business, and society. Select one option:
- All top news and analysis
- The China Project top news and analysis
- Top news and analysis from elsewhere — Stories in the “News briefing,” previously known as “Recommended links”
This product is in beta testing and development. If you would like to share feedback on the content or user experience, please email editors@thechinaproject.com.
41 articles matching the search query.
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.
Benefits for rank and file staff, and salary cuts for executives at ecommerce giant JD.com
China’s second biggest ecommerce platform, JD.com, is lowering compensation for top managers and creating an enormous benefits package for regular staff in an apparent bid to align itself with government policies. But the move will only add uncertainty to the prospects for tech firms in China, and around the world.
Adidas just can’t do it in China anymore
As Adrian Siu attempts to save Adidas’s business in China with data analysis and cultural promotion activities, the company with the faded reputation is trying to swim against the (red) tide.
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.
Chinese billionaire Richard Liu settles U.S. sexual assault lawsuit out of court
Financial terms of the settlement, announced in a joint statement from attorneys for both parties on Saturday, were not revealed.
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.
Did this year’s 618 ecommerce festival pull China out of its consumer slump?
Overall growth rates this year are more muted than in the past, but underlying trends point to changes in consumption patterns in the near future.
Hikvision and JD.com are in America’s crosshairs
The U.S. may sanction Chinese surveillance companies for human rights reasons, and delist Chinese tech companies from American stock markets for lack of auditing transparency.
Following Tencent, mass layoffs at JD.com
JD.com is trimming 10-15% of the staff at a group-buying division, adding to the list of Big Tech firms that are slashing jobs to survive Beijing’s regulatory storm.
JD Logistics acquires domestic courier amid a rise in competition
JD Logistics has bought courier company Deppon Logistics for nearly $1.5 billion, becoming China’s second-largest logistics company behind SF Express.
Alibaba’s stock blues
Alibaba’s stocks plummeted all over the globe. At such cheap prices, should wary investors cash in?
Buoyed by Chinese consumers, L’Oréal defies earnings expectations
L’Oréal, the massive French beauty brand, posted record annual sales in 2021 on the strength of the Chinese cosmetics sector. The company’s future in China is bright as the country’s middle class is expected to expand by over 300 million people this decade.
Tencent off-loads share in gaming company
Tencent has off-loaded $3 billion worth of shares in the Singapore-based gaming and ecommerce firm Sea, in a move to align its portfolio to match the priorities of Beijing’s “common prosperity” and sustainability push.
Dull tech earnings chalked up to increased spending
A story from the The China Project A.M. newsletter. Sign up for free here.
China’s Singles Day avoids the limelight
How to run an event centered around rampant consumerism in the age of “common prosperity.” This story is from the The China Project A.M. newsletter — sign up for free here.
Can cheap robots solve Chinese labor shortages?
Chinese factories are experiencing electricity shortages that will affect the world’s supply of everything from iPhones to Christmas lights. Now they can’t find enough workers. Can robots help?
China steps up antitrust campaign with new draft rules targeting internet companies
China’s State Administration for Market Regulation published a set of draft regulations on internet companies that was remarkable for its detailed list of prohibited behaviors.
