China

Chinese mobile games are gaining ground in the US

Over the past year, the coronavirus crisis has spurred app usage in the United States as people stay indoors to limit contact with others. Mobile games particularly have enjoyed a boom, and among them

China’s Black Lake raises $77M to give factories a digital upgrade

Zhou Yuxiang doesn’t have the typical profile for working in China’s manufacturing world. A soft-spoken yet incisive person in his early thirties, Zhou graduated from Dartmouth College wit

TikTok’s China twin Douyin has 550 million search users, takes on Baidu

The advance of short videos is reshaping how information is created, disseminated and consumed online. Snappy 15-second videos aren’t just for entertainment. On Chinese short-video apps Douyin a

Huawei’s CEO open to speaking with Joe Biden

During a small gathering of journalists in China, Ren Zhengfei made his first public remarks since Joe Biden was inaugurated as the 46th president of the United States. The Huawei CEO struck a hopeful

Tesla summoned by Chinese regulators for quality concerns

Tesla, which is seeing rapid growth in China as it ramps up local manufacturing capacity, has been called upon by the Chinese government for talks over quality issues in its electric cars. A group of

Tesla’s Bitcoin investment could be bad for the company’s climate reputation and its bottom line

Tesla’s $1.5 billion investment in Bitcoin may be good for Elon Musk, but it’s definitely risky for the company that made him the world’s richest man, according to investors, analyst

Clubhouse is now blocked in China after a brief uncensored period

Thousands of Chinese users suddenly found themselves unable to access Clubhouse on early Monday evening as the country prepared to start the week-long Lunar New Year holiday. Inside WeChat groups, Clu

China court accepts ByteDance case filing against Tencent over alleged monopoly

ByteDance is bringing its battle with archrival Tencent to the court at a time when the Chinese government moves to curve the power of the country’s internet behemoths. The Beijing Intellectual

Will the Clubhouse model work in China?

On Friday just past midnight, I stumbled across a Clubhouse room hosted by a well-known figure in the Chinese startup community, Feng Dahui. At half-past midnight, the room still had nearly 500 listen

Kuaishou, TikTok’s Chinese nemesis, surges 194% on IPO debut

Kuaishou, a Chinese video app that’s largely underappreciated outside China, has just completed a massive initial public offering in Hong Kong. The app is by far the biggest rival for Douyin, Ti

China’s national blockchain network embraces global developers

While China bans cryptocurrency exchanges and initial coin offerings, the government is set to leverage the underpinning technology — often without the decentralized part. Blockchain, for instan

Alibaba Cloud turns profitable after 11 years

Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba, became profitable for the first time in the December quarter, the company announced in its earnings report. The firm’s

China launched its national carbon trading market yesterday

Yesterday, China flipped the switch on a nationwide carbon trading market, in what could be one of the most significant steps taken to reduce greenhouse gas emissions in 2021 — if the markets ca

As contactless menu ordering becomes the norm amid COVID, China pushes back

Digital ordering and paying at restaurants was already gaining much ground in China before the COVID-19 pandemic hit. The tap-to-order method on a smartphone is part of the greater development in Chin

Battery companies are the latest SPAC target as EVs get a huge regulatory boost

Batteries are the latest landing pad for investors. In the past week alone, two companies have announced plans to become publicly traded companies by merging with special purpose acquisition companies

Xiaomi sues the US government over blacklisting

Smartphone maker Xiaomi has sued the United States government over its inclusion in a military blacklist. The filing, which was submitted on Friday, calls the decision “unlawful and unconstitutional

New rule reins in China’s flourishing self-publishing space

Despite China’s history of stringent media control, an industry of uninstitutionalized, individual publishers has managed to flourish on social media platforms like Tencent’s WeChat and By

Huawei’s struggles hurt overall smartphone shipments in China, but rivals like Apple found new opportunities

The impact of United States government sanctions on Huawei is continuing to hurt the company and dampen overall smartphone shipments in China, where it is the largest smartphone vendor, according to a

Hong Kong startup ICW eyes supply chain diversification demand amid trade war

For American importers, finding suppliers these days can be challenging not only due to COVID-19 travel restrictions. The U.S. government’s entity list designations, human-rights-related sanctio

Investors don’t seem that impressed by Apple’s $111 billion quarter

On Wednesday, Apple announces that it had banked $111.4 billion of revenue in a single quarter, beating investor expectations and blowing past its previous all-time revenue record. Investors yawned wi
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