Can you tell the difference between a $10,000 Chanel bag and a $200 knockoff? Almost nobody can, and it’s turning luxury fashion upside down.
Category: China
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Born in Asia but Based in Britain, HSBC Fights to Stay in One Piece
The global bank’s biggest shareholder, the giant Chinese insurer Ping An, wants HSBC to spin off its profitable Asian operation.
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Congress Clashes With Biden Over Tariffs on Illegal Chinese Solar Panels
In a rebuke to the Biden administration, the Senate approved a measure to reinstate tariffs on solar panels found to violate U.S. trade rules.
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In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved
The end of pandemic-era restrictions has unleashed a luxury spending rebound in China. Which Western brands are coming out on top?
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China Is Cracking Down on Bankers. Here Are Some of the Targets.
As Xi Jinping and the Communist Party further exercise control over the economy, the financial sector is coming under close scrutiny.
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China’s Search Engines Have More Than 66,000 Rules Controlling Content, Report Says
Researchers from the Citizen Lab, a cybersecurity research group, found that the most diligent censor in China is Microsoft’s search engine Bing, the only foreign search engine operating in the country.
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China Says Chatbots Must Toe the Party Line
The Communist Party outlined draft rules that would set guardrails on the rapidly growing industry of services like ChatGPT.
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China Says Chatbots Must Toe the Party Line
The Communist Party outlined draft rules that would set guardrails on the rapidly growing industry of services like ChatGPT.
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New York Philharmonic, Pushing Cultural Diplomacy, Plans Asia Tour
Amid rising political tensions, the orchestra said it would perform in Hong Kong and Taiwan this summer and send a delegation of musicians to mainland China.
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Yellen to Call for ‘Constructive’ China Relationship
The Treasury secretary will strike a more conciliatory note in a speech Thursday, following months of escalated tensions between the world’s two largest economies.
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Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.