Search results for "China"

China Cyberspace Regulator Cracks Down on Counterfeit Investment Platforms

China’s cyberspace regulator said on Friday that it has cracked down on counterfeit investment platforms, as part of the country’s campaign to combat such telecom network crime. The Cyberspace Administration of China (CAC) said it has investigated and cracked down on some 42,000 counterfeit apps since the start of this year, and incorporated them into […]

China Welcomes a Fourth 5G Telecom Provider

China is one of the largest countries around the world. Together with India, it accounts for about one third of the world’s population and two thirds of Asia’s population. The country has been enjoying steady economic growth with a gross domestic product (GDP) increase of about 10 percent each year according the World Bank. However, […]

NetEase Delays Diablo Immortal's China Launch, Shares Tumble

Internet and gaming giant NetEase delayed the rollout of its video game Diablo Immortal in China three days ahead of its official launch, a move that comes just after the game’s official account on Weibo was banned from making new posts. China-based NetEase, which was set to release the game on Thursday, did not provide […]

China's JD.com Posts Slowest Growth Ever in '618' Shopping event

Total sales by China’s e-commerce giant JD.com rose 10.3 percent over the 18 days to Sunday during the first major shopping festival since a recent COVID-19 outbreak, the firm said, sharply down from the 2021 event’s growth of 27.7 percent. This year’s figure was the slowest for the retailer, showing how consumer appetite in the […]

China's Ant Group Launches Digital Bank ANEXT in Singapore

China’s Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank. ANEXT received approval from the Monetary Authority of Singapore (MAS) to commence business on June 2, Ant and wholly owned ANEXT said in a joint statement. […]

China to Launch Next Crewed Mission on Sunday to Build Space Station

China will launch a spacecraft on Sunday carrying three astronauts to the core module of the unfinished Chinese space station, where they will work and live for six months as construction enters advanced stages. A Long March-2F rocket carrying the Shenzhou-14 spacecraft is set to blast off from Jiuquan Satellite Launch Centre in the northwestern […]

Airbnb to Facilitate Shift of Host Data to Rivals Ahead of China Shutdown

Airbnb Inc said on Friday it will facilitate the shift of housing and host data to several Chinese domestic rental platforms before it shuts down operations in mainland China from the end of July. Hosts will be able to migrate information about their listings and reviews with one click, it said. Airbnb has struck agreements […]

China's Tencent Revises Pay Rise Policy in Memo, Amid Cost Savings Pressures

China’s Tencent Holdings has told staff it will no longer guarantee them a pay raise upon promotion, according to an internal letter seen by Reuters, as it reviews its salary policy amid a wider cost-cutting drive. The Chinese social media and gaming giant told its employees of the policy change on Tuesday, saying the decision […]

China Pig Breeders go High-Tech in Self-Sufficiency Push

Tiny slivers of ear tissue snipped from hours-old piglets offer valuable clues for the team at Best Genetics Group (BGG) as it strives to improve the genetics of China’s hog herd to produce cheaper meat for the world’s top pork consumer. Breeding pigs that have larger litters, reach slaughter weight quicker and require less feed […]