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Chinese tourists are bringing their wallets – and China’s tech giants – overseas

Chinese tourists snap a selfie in Venice, Italy. Photo credit: gregorylee / 123RF.Chinese tourists are notorious for spending money. In Japan, locals …

Silicon Valley is passe. Indian startups turn to China for inspiration.

Indian founders and investors on a flight from Hangzhou to Shenzhen. Blume Ventures’ Sanjay Nath leans over from the right. Photo credit: ZDream …

A Chinese Giant Is on a Global Buying Spree. Who’s Behind It?

During his first state visit to Britain, President Xi Jinping of China heralded the great economic opportunities between the two countries, in energy, infrastructure and finance. He finished off the late 2015 trip at Manchester Airport, unveiling a new direct flight to Beijing on the Chinese …

What Blockchain Means for the Sharing Economy

Look at the modus operandi of today’s internet giants — such as Google, Facebook, Twitter, Uber, or Airbnb — and you’ll notice they have one thing in common: They rely on the contributions of users as a means to generate value within their own platforms. Over the past 20 years the economy has …

Fitch: China's One Belt, One Road Initiative Brings Risks

(The following statement was released by the rating agency) Link to Fitch Ratings' Report: China's One Belt, One Road Initiative Brings Risks here SINGAPORE/HONG KONG, January 25 (Fitch) China's One Belt, One Road (OBOR) programme will support domestic demand in some of the economies involved, and …

How WeChat Became China’s App For Everything

A centuries-old tradition gave rise to China’s most valuable company and captured the attention of everyone from teens to Silicon Valley.<p>A little over a year ago, my roommate Mike said something strange. He’s a theater director and was working on a production in China. Mike complained that the …

Donald Trump appoints China critic Robert Lighthizer as chief trade negotiator

US President-elect Donald Trump on Tuesday named veteran steel industry trade lawyer Robert Lighthizer, a harsh critic of China's trade practices, to be his chief trade negotiator, responsible for better deals aimed at reducing US trade deficits.<p>Trump announced his selection in a statement from his …

New regulations could limit Didi’s taxi on-demand service in China’s top cities

There’s trouble in China for ride-sharing services after authorities in Beijing and Shanghai agreed to institute new regulations that could significantly reduce the driver pool for services like Didi Chuxing and Uber.<p>According to rules proposed in October that have now been adopted by both cities’ …

U.S. returns China's Taobao shopping website to market blacklist

WASHINGTON (Reuters) - The United States on Wednesday returned Taobao, China's most popular consumer-to-consumer shopping website, to its blacklist of "notorious marketplaces" known for the sale of counterfeit goods and violations of intellectual property rights.<p>The move by the U.S. Trade …

Trump has no idea how to run a superpower, say Chinese media

Communist party-controlled Global Times says Trump ‘is not behaving as a president who will become master of the White House’<p>Donald Trump appears to have not a clue how to lead a superpower.<p>That was the conclusion of China’s Global Times newspaper on Monday morning as the country’s media weighed in …

China’s digital dictatorship

WHEN communism crumbled in the Soviet Union, 25 years ago this week, the Chinese Communist Party seemed to many to be heading irreversibly downwards. …

Communist Party

Books of the Year 2016

Politics and current affairs<p><b>China’s Future</b>. By David Shambaugh. <i>Polity; 195 pages; $19.95 and £14.99</i><br>No country has modernised its economy without also …

China

Behind the scenes: how Alibaba Cloud powers the largest shopping holiday in the world

On Singles Day, China’s largest shopping holiday, the engineers at Alibaba Cloud suit up for battle. Dressed in identical red t-shirts, they gather …

eCommerce

WeChat censorship offers a blueprint for Facebook, but it still shouldn’t enter China

Facebook founder Mark Zuckerberg has a special interest in China. It’s the one major market his social network has yet to penetrate, and – apparently …

Fears of China tech bubble as expert warns of ‘disaster’ from investment explosion

Photo credit: David Dennis..A prominent investor and financial expert in China has warned of “disaster” from a desperate gold rush into tech startup …

One of China’s biggest game companies has a pork farm. Seriously.

Photo credit: SpinningsparkOn a weekend in late November, Chinese video game and internet giant Netease made more than US$75,000 by selling just …

China shuts thousands of illegal live streaming accounts: Xinhua

SHANGHAI (Reuters) - Beijing-based live streaming websites have shut down thousands of illegal accounts after new regulations by Chinese internet authorities guarding against violent and obscene content came into effect, the official Xinhua news agency said on Wednesday.<p>A map of China is seen …

Trump fires opening salvo in risky test of wills with Beijing

WASHINGTON (Reuters) - U.S. President-elect Donald Trump indicated a tougher U.S. approach to China by speaking to Taiwan’s president last week, but how far he will push a risky test of wills to wring concessions from Beijing on issues from trade to North Korea is unclear.<p>U.S. President-elect …

Singapore may prove a tough nut for China to crack over regional security

HONG KONG/SINGAPORE (Reuters) - As the impounding of Singaporean troop carriers in Hong Kong exposes rising tensions between China and Singapore, the Lion City is unlikely to budge on core security interests concerning Beijing – its military relationship with Taiwan, worries over the South China …

China watching US closely, Xi tells Kissinger

Talks between former US secretary of state Henry Kissinger and President Xi Jinping could give Beijing more clues about the direction of ties with …

China

China will stick to 'going out' strategy amid outflow concerns

SHANGHAI (Reuters) - China said on Monday it will stick to its opening up policy and “going out” strategy on investment even while a slide in the yuan to 8-1/2-year lows revives worries about capital fleeing the country.<p>People walk past the headquarters of the People's Bank of China (PBOC), the …

Ivanka Trump’s Terrible Book Helps Explain the Trump-Family Ethos

Ivanka Trump’s 2009 self-help book, “The Trump Card,” opens with an unlikely sentence: “In business, as in life, nothing is ever handed to you.” Ivanka quickly adds caveats. “Yes, I’ve had the great good fortune to be born into a life of wealth and privilege, with a name to match,” she writes. …

Putin brings China's Great Firewall to Russia in cybersecurity pact

The Kremlin has joined forces with Chinese authorities to bring the internet and its users under greater state control<p>Russia has been working on incorporating elements of China’s Great Firewall into the “Red Web”, the country’s system of internet filtering and control, after unprecedented cyber …

China’s New Way of Controlling Society Will Grade You on Behavior

China is reportedly testing a new way of social control that ranks citizens based on their social and financial behavior—a system that reads like …

Beijing untypically quiet on Taiwan drills in South China Sea

ITU ABA, South China Sea (Reuters) - Taiwan held rescue drills on Tuesday off the coast of its sole outpost in the Spratly Islands of the South China Sea, but the biggest claimant in the disputed waters kept uncharacteristically quiet.<p>China and self-governed Taiwan seldom see eye to eye, but in …

Making a dynasty: Examining China’s rise to become a manufacturing giant

<b>A man walks past a billboard with the U.S. currency displayed on its outside a bank in Beijing, China, Thursday, Nov. 24, 2016. (AP)</b><p>How China took advantage of globalization to become a true “export machine”<p>Penelope B. Prime<p>November 29, 2016 9:32am (UTC)<p><i>This article was originally published on The</i> …