China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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67,997 articles matching the search query.
WSJ News Exclusive | China’s New Tech Weapon: Dragging Its Feet on Global Merger Approvals
Beijing has slowed down antitrust reviews of proposed deals by American firms, people close to the process say.
Binance Market Share Plummets As Regulatory Crackdown Shakes Up Crypto Markets
Cryptocurrency exchange Binance (CRYPTO: BNB) lost 16% of its market share of trade volume in recent weeks.
Heaven’s ATM: How Chinese People Have Been Sending Money to the Afterlife For Centuries
Believing money can solve anything — even in the afterlife — Chinese people are continuing the centuries-old practice of innovating new types of “ghost money” for the deceased.
Death in the Modern City
Urbanization has changed Chinese funerary practices, but some traditions live on.
Binance Market Share Hits Lowest Since November After CFTC Lawsuit; Kevin O'Leary on Crypto Markets Outlook
Canadian crypto exchanges WonderFi, Coinsquare and CoinSmart have revealed plans to merge, creating what would be one of the world's largest crypto trading platforms. O'Leary Ventures Chairman Kevin O'Leary, along with WonderFi President and Interim CEO Dean Skurka, join "First Mover" to discuss. Plus, The Tie Co-Founder and CEO Joshua Frank weighs in on dogecoin jumping after Twitter replaces its blue bird logo with the token's dog. And, FTX creditor Sunil Kavuri shares his thoughts on the future of the failed crypto exchange.
Tesla delivers 88,869 China-made EVs in March - CPCA
Tesla sold 88,869 units of China-made electric vehicles (EV) in March for both domestic sales and exports, up 35.0% from a year ago, data published by the China Passenger Car Association (CPCA) showed on Tuesday.
Alibaba launches budget shopping channel on Taobao to heat up online price war
Taobao’s new budget channel, named 99 Temai, initially covers hundreds of thousand of items that include household goods, snacks and plants.
China is on a global hunt for rare earths
Even China, the dominant global force in rare earth minerals, is worried about securing access to new raw materials
Loss of Himalayan Glaciers ‘Larger Than Thought,’ Study Finds
Chinese scientists said the loss of glaciers terminating into lakes in the greater Himalaya between 2000 and 2020 was underestimated by 6.5%.
Foreign cash streaming back to China after Alibaba's plans
Foreign investors are steadily marching into China in the wake of Alibaba's plans to restructure, with money managers reckoning it is the latest sign the national leadership is turning friendlier to business as economic growth gains traction.
Risks loom over China's top tier banks from property downturn, higher costs
China's largest banks will see near-term revenue and margin pressures on a persisting property sector downturn, higher costs and a worsening global macro outlook, analysts said, clouding growth prospects for the world's second-largest economy.
Binance's Market Share Hits Lowest Level Since November After CFTC Lawsuit, End of Zero-Fee Trading
The exchange's share of trading volume has dropped to 54% from 70% over the past two weeks.
China voices concern over Australia's scrutiny of its firms
China's international trade negotiator has expressed concern over Australia's scrutiny of the operations of Chinese firms there, the commerce ministry said, while flagging the potential for economic and trade co-operation.
U.S. allies are on board for China chip tech controls after all
Sharing of costs has reduced corporate grumbling about lost exports
Taiwan defies China pressure before US House speaker meeting
Taiwan pushed back against threats of retaliation by China, ahead of an expected meeting between the island’s president and the U.S. House speaker Wednesday that will underscore her government’s claim to sovereignty. President Tsai Ing-wen is finishing a tour of Taiwan’s remaining diplomatic allies in Latin America, Belize and Guatemala. The most politically sensitive part of her trip will be a meeting with U.S. House Speaker Kevin McCarthy in Los Angeles while she transits on her way back home. China views Taiwan as its own territory and treats any dealings between U.S. and Taiwanese officials as a challenge to its sovereignty. Taiwan’s Ministry of Foreign Affairs said that the island has never been part of China, and that China’s recent criticism has become increasingly “absurd.”
China art market slumps on virus curbs, falling wealth: report
Hong Kong, mainland sales drop 14% in 2022 to $11.2bn as U.K. overtakes China
Macron heads to China for delicate talks on Ukraine, trade
French President Emmanuel Macron will have to muster all his diplomatic adeptness and political acumen on a three-day state visit to China where the war in Ukraine will be front and center. Macron is expected to warn China against sending weapons to Russia and instead ask that the country use its influence to support peace efforts. Beijing claims to have a neutral stance in the war, but has also stressed its “no-limits friendship” with Russia. Trade will also be a major focus of the visit. Macron asked the European Commission President, Ursula von der Leyen, to join him for a meeting with Xi. Some NGOs have called on Macron to put human rights at the heart of his talks with Chinese authorities.
Binance CEO Says He's Not On Interpol's ‘Red Notice’ List
Cryptocurrency exchange Binance is currently grappling with a rumor that claims its CEO Changpeng Zhao, or CZ, is on Interpol’s “red notice” list.
Chinese seed companies abandon hopes of 2023 start for GM corn crops
Agriculture companies in China say it will be at least 2024 before genetically modified (GM) corn can be planted commercially, despite a government push to overhaul rules surrounding GM seed breeding.
China’s favorite spicy sauce brand did not actually cheat Tencent
China’s favorite hot sauce company was accused of not paying a $2.3 million advertising bill to internet giant Tencent. Now it turns out the company is innocent: Three people pretending to be marketing executives of the Guizhou Lao Gan Ma Company have been arrested for an elaborate scam.
A new university for people with disabilities in Wuhan
Prejudice and even official policies have made access to education (and work) difficult for China’s more than 85 million people living with disabilities. A new school in Wuhan aims to change that with programs that offer special needs education and teacher training.
Chinese guitarist fired from indie rock band over sexual remarks about minors
The Wild Cooperative 野外合作社, a four-piece indie rock band in Nanjing, announced today that it had fired guitarist Liú Yáo 刘遥, one of its founding members, following a host of his Weibo posts containing sexually offensive remarks about underage girls.
‘New infrastructure’ — China’s race for 5G and networked everything has a new catchphrase
China’s government is hyping the concept of “new infrastructure” — the massive deployment of 5G, industrial internet, and networked everything. What exactly are Beijing’s plans, and will U.S. sanctions on Huawei and other Chinese firms put the kibosh on them?
Chinese mathematics rocked by fake academic paper scam
After comparing a number of math papers published by Chinese authors, an independent journalist discovered that 65 of them were products of a “paper mill,” which sold the papers to about 77 Chinese clients from 43 institutions.
The imprisonment of the ‘model villagers’: Two Uyghur sisters on what it means to lose their family and way of life
For the family of sisters Nursiman and Nur’iman, a local work brigade placed a small red plaque with five stars on it to the front gate of their house. The stars stood for “patriotism, honesty, education, hygiene, and harmony.” But in the end, that didn’t stop the sisters’ parents and brother from being sent to jail for reasons that remain murky to this day.
How the U.S. DOJ’s ‘China Initiative’ impacts Chinese-American scientists and researchers
Catherine X. Pan-Giordano is a partner at the international law firm Dorsey & Whitney LLP, which has a task force to advise clients regarding the U.S. Department of Justice’s “China Initiative.”
Editor’s note for Tuesday, June 30, 2020
A note from today’s editor of the The China Project Access newsletter.
Beijing imposes national security law on Hong Kong, seeking to crush city’s democracy movement
At around midnight Hong Kong time last night, China’s central government released the text of the new national security law. The law has already intimidated several Hong Kong civil society actors to publicly withdraw from their roles as opposition forces.
China’s former richest man released from prison, still smiling
After 12 years in prison for insider trading and bribery, entrepreneur Huáng Guāngyù 黄光裕 (aka Wong Kwong-yu) was released on parole on June 25. Formerly China’s richest man, Huang’s electrical appliance retailer GOME saw its stock price surge 17.39% on the day of his release.
Chinese TV cartoon characters censored for ‘dyed’ hair
The complaint that landed the show in trouble was made by an anonymous viewer on May 22. In a note submitted to content regulators in Hunan, the viewer said the series had “problematic” values, and that the main characters set a bad example for kids because they “dyed their hair bright colors,” “wore loud clothes,” and “did costume changes onstage.”
Hong Kong and broken promises
Twenty-three years ago, Hong Kong was handed over from Great Britain to China. “We shall not forget you,” said Charles, Prince of Wales. “From now on, the Hong Kong compatriots will truly become masters here,” said Chinese president Jiang Zemin. What has become of those promises today?
Censorship fears and vampire hours: Chinese international students, Zoom, and remote learning
Three Emory University researchers recently conducted a survey — interviewing more than 20 Chinese international students and instructors — to learn about the unique challenges and concerns of Chinese students studying in the U.S. during COVID-19.
Guangdong basketball player suspended for violating league’s COVID-19 containment measure
In this week’s China Sports Column: The CBA has suspended Guangdong Southern Tigers guard Zhao Rui three games for violating the league’s anti-virus rule. Also, the Chinese Super League may start at the end of July, and construction has begun on an Asian Games baseball complex in Hangzhou.
Beijing says Australians are spying on China as Canberra investigates P.R.C. influence allegations
Beijing is fighting back against Australia, after the Australian Security Intelligence Organisation (ASIO) conducted an unprecedented raid of the house of a Labor Party politician last week. As part of a state-backed campaign, the Global Times said it had evidence of an Australian spy — caught “red-handed” with a map, compass, and cash — in Shanghai.
Editor’s note for Monday, June 29, 2020
A note from today’s editor of the The China Project Access newsletter.
India bans TikTok, WeChat, and dozens of other Chinese apps
India has escalated its border confrontation with China, two weeks after a deadly clash at the Line of Actual Control. This time, cyberspace borders are at stake: India’s Ministry of Electronics and IT (MeitY) announced today that it would completely ban and disable all access within India to 59 China-based app, including TikTok and WeChat.
‘Demographic genocide’ in Xinjiang
The latest depressing report about the plight of the Uyghurs in Xinjiang comes from the Associated Press, which reports on a “widespread and systematic” campaign of forced birth control. Some experts are calling the campaign “demographic genocide.”
Beijing expects zero new COVID-19 cases in about a week
The chief epidemiologist of the Chinese Center for Disease Control and Prevention (CDC), Wú Zūnyǒu 吴尊友, said on Monday that he was optimistic that Beijing would have zero new infections of COVID-19 in roughly a week, as authorities continued to conduct citywide testing and cut chains of local transmission.
Under the Spotlight: Child Modeling in China
China’s controversial child modeling industry is a source of red-hot criticism and cold, hard cash.
