China

American electric car manufacturer Tesla is accelerating job cuts in China. According to sources from the Bloomberg news agency, the company started laying off customer service representatives, engineers, production workers and logistics…
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The major music group Universal Music Group (UMG) threatens to remove its music from well-known pop stars such as Taylor Swift, The Weeknd, Ariana Grande and Lady Gaga from the popular video app TikTok. The company has not yet…
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The popular video app TikTok from the Chinese company ByteDance was the first to surpass $10 billion in so-called in-app purchases in 2023. Total global mobile app revenues reached a new record level in a year when gaming revenues fell.…
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Tesla will increase the prices of its popular Model Y versions in China. The move follows a model refresh in October. The American electric car manufacturer is once again adjusting its prices in the largest and most competitive…
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The European Commission has asked AliExpress for information about the measures the Chinese online store is taking against the online distribution of illegal products, such as counterfeit medicines. The request is in line with the…
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China wants to avoid misunderstandings and misjudgments with Washington. Chinese Foreign Minister Wang Yi said this before a meeting with his American counterpart Antony Blinken. According to the Chinese minister, relations between…
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Consumer prices in China unexpectedly remained unchanged in September compared to a year ago. With an inflation rate of zero percent, the second-largest economy has returned to the brink of deflation, indicating that the country's economic…
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The German Ministry of the Interior wants to ban core equipment from Chinese companies Huawei and ZTE from the country's 5G network. Bloomberg news agency reports this based on an insider. According to the source, various…
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