Temu, Shein, and streaming and gaming apps looking to break into the U.S. market are spending huge sums to get their wares in front of American consumers.
Category: China
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China Shuts Down a News Conference, Shutting a Tiny Window for Its People
Once a year, the premier held a news conference, explaining the economy and giving Chinese a taste of political participation. That has come to an end.
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Is China’s Era of High Growth Over?
Beijing unveiled an annual economic target in line with last year’s, as it looks to refocus on strategically important sectors.
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China’s New Economic Agenda, a Lot Like the Old One: Takeaways
At the National People’s Congress on Tuesday, China’s leaders set an ambitious goal for growth, exactly the same one as last year.
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What Makes a Top Runway Model in 2024?
Yilan Hua is a leader in the pack of a new generation of Chinese supermodels, with ambitions that could take her beyond the runways.
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China Sets Economic Growth Target of About 5%
Premier Li Qiang targets economic growth of about 5 percent this year as China signals readiness to borrow more for spending programs.
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China Expands Scope of ‘State Secrets’ Law in Security Push
The legal change, which could further limit access to information, is part of an increasingly hostile environment facing foreign businesses in the country.
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China’s Country Garden Faces Winding Up Petition In Hong Kong
Country Garden was once China’s biggest developer but ran out of money. A lender is taking it to court in Hong Kong, a sign of continuing market distress.
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Zong Qinghou, Beverage Tycoon in China, Dies at 79
A bitter but successful battle with Danone of France for control of a joint venture made him the richest person in China for a time.