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.
Hong Kong’s Alibaba-sized gold mine
Embattled tech giant Alibaba recently announced that it will apply for a dual primary listing in Hong Kong. It could be the start of a new gold rush as Chinese firms seek mainland funds amid the looming risk of being delisted from the U.S.
Alibaba sexual assault case finally ends in conviction
After a whirlwind 10 months, a former Alibaba employee has won a high-profile sexual assault case against a former manager, one of the few instances of accountability being served for workplace sexual misconduct.
With data centers and banking, Alibaba is building a global empire
By diversifying its range of services beyond ecommerce, Alibaba is building on its success in China by venturing into global markets from Asia to the Middle East and Europe.
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.
What the Ant Group IPO reboot means
China’s financial regulators are reportedly holding discussions to allow Ant Group to revive its IPO, two years after it was suspended.
An NFT explosion is taking place in China, but how long will it last?
An NFT can be almost anything, cost any price, and be subject to few if any regulations, and everyone from Alibaba to Moutai is joining the wave.
China’s monopoly buster took on Alibaba, Tencent, and Meituan last year
The State Administration for Market Regulation this year started to exert its authority to address monopolistic behavior by internet platform companies.
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.
Alibaba’s stock blues
Alibaba’s stocks plummeted all over the globe. At such cheap prices, should wary investors cash in?
The top 10 metaverse companies in China
The metaverse, a concept world of virtual and augmented reality, including games and remote working environments, is the hot new thing for China’s tech investors. Here are the top 10 companies in the space.
Middle Eastern countries look to China for infrastructure funding, new technology
Countries in the Middle East, especially Iraq, are a new focus of investment under China’s Belt and Road Initiative, a report out of Fudan University said today.
Editor’s note for Friday, January 21, 2022
A note for Access newsletter readers from Jeremy Goldkorn. Today: Anti-corruption investigations are coming to Big Tech, and Ant Group is connected to a corruption scandal involving Zhou Jiangyong, the former Party secretary of Alibaba’s home city of Hangzhou; Guangdong Province says it has eliminated “hidden local government debt”; German companies pressure Lithuania to back down in China dispute; Chinese media poke fun at the U.S. for 5G service troubles near airports; and more.
Smart trash cans but no social media in new ‘digital economic development plan’
Beijing’s campaign to tame the internet platforms doesn’t mean an aversion to digital technology. But the government wants technology deployed in the real economy, to make factories more efficient, and cities and villages better places to live.
ByteDance invests in AI-powered female virtual assistants
A story from the The China Project A.M. newsletter. Sign up for free here.
Cloud computing startup bags $40 million in angel financing round
Jiuzhu Network Technology, a cloud computing and networking startup, has raised $40 million in an angel financing round on the back of growing demand for remote work.
Are Taiwan Inc. and Japan Inc. giving up on China?
Taiwanese and Japanese companies invested in China within months of Deng Xiaoping taking power. But the political and business environment is changing.
Did Alibaba retaliate by firing woman who spoke out about workplace sexual misconduct?
Is Alibaba trying to solve the problem of sexual harassment or just “solving” the problem of employees who speak up?
Editor’s note for Friday, December 10, 2021
A note for Access newsletter readers from Jeremy Goldkorn. Today: Xi Jinping wants to “prevent the barbaric growth of capital,” according to a readout from the annual Central Economic Work Conference; Evergrande finally defaults on a bond; the struggles of single mothers; Nicaragua’s switch from Taipei to Beijing; Alibaba is left out of Unigroup deal; central bank raises foreign currency reserve requirements for banks; Hong Kong warns the U.K.’s Sunday Times about inciting election boycotts.
Chinese state-run companies restrict employees’ use of WeChat
Chinese regulators are targeting Tencent. This week, the government restricted the use of the company’s apps in state enterprises and pried open WeChat’s walled garden.
Chinese tech philanthropy in the age of ‘common prosperity’
In China, tech companies are facing particular pressure to showcase social responsibility. Xi Jinping acknowledged that the “new round of technological revolution and industrial transformation is giving a strong impetus to economic development.” However, he also pointed out that its negative effects on employment and income distribution need to be “effectively addressed and resolved.”
