Walmart’s divestiture comes as its e-commerce partner has struggled to maintain its market share in the country’s cutthroat online sales industry.
Category: China
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Hit Chinese Video Game, ‘Wukong’ Seeks to Curb ‘Negative Discourse’
Black Myth: Wukong tried to forbid influential overseas streamers from discussing “feminist propaganda,” Covid-19 and China’s video game industry policies.
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Businesses Are Already Girding for Next Phase of the U.S.-China Trade War
Alarmed by the prospect of increased tariffs on Chinese goods if Donald Trump is elected, some American companies are stockpiling parts and delaying expansions.
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WeRide, a Chinese Autonomous Driving Start-Up, Is About to Go Public
WeRide, a $5 billion software maker, is set for an I.P.O. amid geopolitical risks and a rush by Chinese automotive tech firms to raise money in the United States.
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Foxconn Is Building an Electric Car Factory Next to Where It Makes iPhones
The Taiwanese company has built a manufacturing hub in Zhengzhou, China, for its star customer Apple, but it is starting almost from scratch in the auto business.
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U.S. Officials to Visit China for Economic Talks as Trade Tensions Rise
The recently established U.S.-China Financial Working Group is set to meet for discussions about financial stability and curbing the flow of fentanyl.
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U.S. Officials to Visit China for Economic Talks as Trade Tensions Rise
The recently established U.S.-China Financial Working Group is set to meet for discussions about financial stability and curbing the flow of fentanyl.
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U.S. Vies With Allies and Industry to Tighten China Tech Controls
The Biden administration must navigate the interests of U.S. companies and allied governments as it tries to close off China’s access to advanced chips
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China Battery Tech Reflects Research Boom and Big Spending
Stressing science education, China is outpacing other countries in research fields like battery chemistry, crucial to its lead in electric vehicles.
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Chinese Woman Loses Legal Challenge for Right to Freeze Her Eggs
Despite a declining birthrate that has alarmed the nation’s leaders, regulations in China prevent unmarried women from freezing their eggs.