China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,796 articles matching the search query.
China Threatens to Ban E-Commerce Companies That Flout IP Laws
China plans to tighten oversight of e-commerce companies like Alibaba Group Holding Ltd. and Pinduoduo Inc., including by holding them accountable for intellectual property violations.
Factbox: From tech to education, China's season of regulatory crackdown
China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment. Chinese regulators have slashed the amount of time players under the age of 18 can spend on online games to an hour of gameplay on Fridays, weekends and holidays, in response to growing concern over gaming addiction, state media said on Monday. China's State Administration of Market Regulation (SAMR) said on Monday it would further regulate the sharing economy, a sector which includes companies facilitating ride-sharing, bike-sharing, home sharing and even the pooling of battery packs for phones.
China’s new data laws are a risk factor in a facial-recognition giant’s IPO filing
The firm's lengthy list of risk factors is a reminder that Chinese tech champions face rising scrutiny in both Beijing and Washington.
Alibaba fires 10 for leaking sexual assault accusations, East Asia
East Asia News -HANGZHOU (BLOOMBERG) - Alibaba Group has dismissed 10 staffers for publicising an employee's account of sexual assault allegations against a former manager, people familiar with the
Ray Dalio is wrong about China's tech crackdown, economist says
Billionaire investor Ray Dalio says investors are misconstruing China's tech crakcdown as "anti-capitalist." Economist George Magnus thinks that's "wrong."
Pinduoduo Pledges $1.5 Billion of Profits to Chinese Farmers
Pinduoduo Inc. posted its first-ever quarterly net profit as a public company, pledging Tuesday to donate those and future earnings toward the development of agriculture till it’s given away a total of 10 billion yuan ($1.5 billion).
Alibaba-backed Nice Tuan halts group buying operations in some cities
Nice Tuan is halting operations in multiple cities after facing setbacks from Beijing’s tech crackdown and fiercer competition from tech giants like Meituan, Pinduoduo and Didi.
Chinese Tech Stocks JD.Com, Pinduoduo Lead U.S. Higher a Second Day
Chinese stocks listed in the U.S. rallied in premarket trading, led by gains in JD.com Inc. and Pinduoduo Inc., after technology shares extended their rebound in Hong Kong following a months-long rout.
China’s Top Policy Makers Signal Plan to Fix U.S. Audit Impasse
China sent its strongest signal yet that it’s serious about resolving a long impasse with the U.S. over access to its companies’ books.
China Starts Probe Into Party Boss of Alibaba’s Home City
China is investigating Hangzhou’s top government official for serious disciplinary violations, casting a spotlight on the city that is home to Jack Ma’s Ant Group Co. and Alibaba Group Holding Ltd.
BYD Chip Unit IPO Stalled as China Regulator Probes Adviser
The Shenzhen Stock Exchange said it’s suspended reviewing a share-sale application by BYD Co.’s chip unit following a regulatory probe of an adviser to the proposed initial public offering.
Even After $1.5 Trillion Rout, China Tech Traders See More Pain
Even a $1.5 trillion selloff may not provide an attractive entry point for equity investors as they grapple with cascading risks in China’s technology sector.
Chinese Stocks Slide as Beijing’s Crackdown Shows No Sign of Abating
A fresh wave of selling hit shares, capping off a tumultuous week that saw Chinese regulators step up their scrutiny of internet-technology companies.
China’s Warm Welcome for Afghanistan's Taliban Sparks Backlash at Home
China is struggling at home to sell the Taliban as a suitable partner for a country waging a war on alleged Islamic extremism, as it prepares to embrace an Afghanistan led by the militant group.
China Broadens Restrictions on Driver Data Gathered by Carmakers
China has broadened its crackdown on information gathered by automakers, as part of a wider campaign on how companies handle and protect user data.
China Tech Rout Deepens as New Regulations Mulled; Alibaba Dives
The rout in Chinese technology giants deepened on Thursday after the industry was hit with a fresh round of proposed regulations.
Rift Forms on Didi’s Board Following Beijing’s Regulatory Assault
A rift has developed among the top executives of three of China’s internet giants, in the wake of Didi Global’s decision to go public in New York.
Alibaba’s U.S. Shares Fall to Lowest Since 2019 as China Cracks Down
The shares of several tech companies declined after authorities in Beijing released a new round of proposed regulations.
Hedge Funds Blindsided by China Risk With New Warning
Ray Dalio insists that the swings in Chinese markets are little more than “wiggles.” But for a certain subset of hedge-fund managers, the consequences of Beijing’s crackdown might seem more like an earthquake.
Alibaba’s new blockchain auction site is selling rights to Star Wars art
A new section of Alibaba Auction allows artists to sell the rights to their works using blockchain, with bids next month starting at US$15 per piece.
