Chinese Insurers Allowed to Invest Billions in Gold
For the first time, Chinese insurers have received permission from the government to invest in gold. According to experts, this…
Elon Musk Calls for Lifting of X Ban in China
Billionaire Elon Musk wants China to lift the ban on his social media platform X. In a post on X,…
Chinese Exports Hit Record Level in 2024
Chinese exports rose to a new record level in 2024. The country’s exports were fueled in the year’s final months…
Chinese Planes and Boats Surround Taiwan During Military Exercise
The Chinese coast guard has deployed four fleets around Taiwan for “inspections”. The coast guard announced this on Monday shortly…
China’s Car Group Geely Sells More Cars, Doubles Profits
The Chinese car group Geely Automobile Holdings, owner of car brands such as Zeekr, Lynk, and Livan and a significant…
Tesla Accelerates Job Cuts in China, Sources Say
American electric car manufacturer Tesla is accelerating job cuts in China. According to sources from the Bloomberg news agency, the…
Universal Music is Threatening to Pull Music From TikTok
The major music group Universal Music Group (UMG) threatens to remove its music from well-known pop stars such as Taylor…
TikTok Becomes the First to Surpass $10 Billion in In-App Purchases
The popular video app TikTok from the Chinese company ByteDance was the first to surpass $10 billion in so-called in-app…
Tesla Increases Model Y Prices on the Chinese Market
Tesla will increase the prices of its popular Model Y versions in China. The move follows a model refresh in…
EU Asks AliExpress for Information About Sales of Illegal Products
The European Commission has asked AliExpress for information about the measures the Chinese online store is taking against the online…