Early morning trading was a rollercoaster ride for investors. Many US-listed Chinese stocks like online video giant Bilibili crashed by over 13%, with automaker Nio and e-commerce giants JD.com and Alibaba also taking heavy hits. The reason? China's state planner didn't announce any new stimulus pla
On Friday, the European Union took a significant step in its ongoing investigation into Chinese electric vehicle (EV) subsidies. The EU voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). This move follows the launch of an anti-subsidy probe back in October 2023, which
The Chinese stock market has been on a remarkable journey, with its CSI 300 Index jumping as much as 6.5% on Monday, the largest gain since 2015. This sudden surge marks a significant turnaround for the market, which had lost over 45% of its value from its 2021 high in mid-September. The index has s
China, the world's second-largest economy, is facing a prolonged economic slowdown. The country's factory activity has contracted for five straight months, with a purchasing managers' index (PMI) reading of 49.8 in September. While this is higher than expected, it still indicates a contraction in ma
The Rally in Chinese Stocks: A Cause for Caution? While it is undeniable that the recent rally in Chinese stocks has been impressive, it is essential to approach this situation with a critical and nuanced perspective. The CSI 300 Index has shown significant gains, fueled by government-backed stimul
The United States is on the brink of taking a bold step to safeguard its national security. On Monday, the Commerce Department will propose a ban on the sale and import of smart vehicles that use specific Chinese or Russian technology. The move comes after a thorough investigation revealed a range o
The TikTok saga continues to unfold as the D.C. Circuit U.S. Court of Appeals heard arguments on the constitutionality of the "sale or ban" law, which aims to ban the popular social media platform in the United States. The law, signed by President Joe Biden in April, has been met with skepticism by
As the world becomes increasingly interconnected, concerns about the spread of propaganda and disinformation have reached a fever pitch. In the midst of this media maelstrom, TikTok, the popular social media platform, has found itself at the center of a heated debate over its supposed ties to the Ch
As we count down the days to the eagerly anticipated launch of Black Myth: Wukong on August 20, 2024, the final gameplay trailer has given us a glimpse into the breathtaking world that awaits us. Chinese developer Game Science has been tinkering with this action RPG for nearly four years, and the en
The American Chamber of Commerce in Shanghai has published a report revealing that US companies in China are experiencing record-low profits, with a staggering 66% of 306 polled companies reporting profitability in 2023. This figure is a stark contrast to the 80% reported in 2020, indicating a signi
