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.
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980 articles matching the search query.
KFC faces regulatory heat after scalpers drive up price of limited-edition collectibles
Fried chicken and collectible mystery dolls — what could go wrong with a collaboration between KFC and Pop Mart? A lot, as it turns out.
China to promote digital yuan to foreign Olympic visitors
The Beijing Olympics next month will be the first time that the digital yuan app will be available to foreigners, making this one of the first tests China must pass in its quest to globalize the currency.
Editor’s note for Tuesday, January 11, 2022
A note for Access newsletter readers from Jeremy Goldkorn. Today: Chinese Foreign Minister Wang Yi and Kazakh Foreign Minister Mukhtar Tileuberdi have a phone call, in which China expresses support for Kazakhstan “in maintaining stability and curbing violence” after popular protests.
China sees first local Omicron transmissions, expands COVID restrictions on tens of millions of people
The 2022 Beijing Olympics begins in three and a half weeks. Officials are confident that their “closed-loop” system can keep COVID away from the Games, even as the first local transmissions of the Omicron variant become apparent.
Venture capitalists unfazed by crackdowns, bet a record $130 billion in 2021
A story from the The China Project A.M. newsletter. Sign up for free here.
Editor’s note for Monday, January 10, 2022
A note for Access newsletter readers from Jeremy Goldkorn. Today: Recent China-related controversies in India are a reminder that domestic politics can often force governments’ hands with regards to international events, especially when nationalism or populism are on the rise.
Can $300 billion stop the shrinking of China’s population by targeting on Gen X and older millennials?
A famous Chinese economist says the answer to China’s demographic crisis is “printing money to encourage births.” He also says the government should give up on Gen Z and instead encourage people born between 1975 and 1985 who “still believe that more children will bring more happiness.”
India-China tensions flare up again over border issues and Tibet
Indian domestic politics erupted in controversy over China last week. The fallout is limiting the government’s room to maneuver to resolve a border crisis.
What will happen to private tutoring? New Oriental’s 2022 game plan
New Oriental Education ($EDU), the largest Chinese tutor on the block, recently posted a year-end summary: Revenues in 2021 decreased by 80%; 60,000 employees were dismissed; and the company lost 20 billion yuan ($3 billion) through such expenses as tuition refunds and severance pay.
Xi’an woman in quarantine begs for period products in viral video, gets bashed by men for being ‘dramatic’
Are period products necessities or luxuries? Should women be blamed if they are trapped in a quarantine facility without sanitary pads because they should be keeping track of their menstruation cycles? A COVID-19 lockdown and viral video have launched a debate on Chinese social media.
Editor’s note for Friday, January 7, 2022
A note for Access newsletter readers from Jeremy Goldkorn. Today: Signals of economic doom and gloom from property developers Shimao and Kaisa; Walmart get rapped for alleged cybersecurity violations, days after being scolded for allegedly removing goods from Xinjiang from its Sam’s Club shelves; all 170 guests of a birthday party in Hong Kong, including 13 senior officials, were ordered into quarantine due to COVID-19.
The Kazakhstan protests and Sino-Russian relations
What do the protests in Kazakhstan mean for China and its relationship to Russia, which has sent troops to the central Asian nation to crush the unrest?
ByteDance invests in AI-powered female virtual assistants
A story from the The China Project A.M. newsletter. Sign up for free here.
Editor’s note for Thursday, January 6, 2022
A note for Access newsletter readers from Jeremy Goldkorn. Today: A pilot property tax program is hitting delays; there were 3.3 million EVs sold in China in 2021, a year-on-year jump of about 254%; travelers to China from the U.S. will now face extended isolation time and additional tests for COVID-19.
Chinese officials say Xi’an COVID outbreak, the worst since Wuhan, is ‘effectively contained’
After two weeks of arduous lockdown, during which the residents of Xi’an complained of food shortages and expressed outrage over medical services access, officials now say that the COVID-19 outbreak is under control.
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.
Editor’s note for Wednesday, January 5, 2022
A note for Access newsletter readers from Jeremy Goldkorn. Today: Taiwanese semiconductor giant TSMC is reportedly having difficulties dealing with employees at its chip factory in Arizona.
Lithuanian president says Taiwan office naming was ‘a mistake’ after ‘unconventional measures’ from Beijing
After Lithuania allowed Taiwan to open a “Taiwanese representative office” in its capital, Vilnius, last November, China has escalated its diplomatic and economic pressure on the EU state.
Woman in locked-down Xi’an denied medical care, has miscarriage at eight months pregnant
The city government has pledged to make healthcare services available even during a strict lockdown in Xi’an after a woman lost her baby at the front door of a hospital that refused her entry because of COVID-19 protocols.
Where to invest in China’s ‘common prosperity’ age
Coal, real estate, gaming and social media all look to be on their way out in China. Who are the new economic winners in Xi Jinping’s common prosperity era?
