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On a cold November evening in Shanghai in 2020, the world’s largest IPO was abruptly canceled by Chinese regulators. It was Ant Group, the fintech affiliate of tech giant Alibaba. The company’s founder Jack Ma, one of China’s most famous billionaires, was under scrutiny for comments seemingly criticising the country’s financial regulators. What followed was four years of … Read more
Flag of China and LGBT rainbow flag Alxeypnferov | Istock | Getty Images Apple has confirmed that it has removed two popular gay dating apps from its Chinese iOS Store, following an order from Beijing’s main internet regulator and censorship authority. It comes following reports of the apps — Blued and Finka — suddenly disappearing … Read more
Zhang Lei, founder and chairman of Hillhouse Investment, during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Wednesday, Nov. 5, 2025. Bloomberg | Getty Images Asia-focused private equity managers are turning more bullish on the world’s second-largest economy, betting on Beijing’s drive for technological self-sufficiency and rapid adoption to deliver the next … Read more
The Trump administration insists it holds the upper hand as trade friction with Beijing has reignited over its sweeping rare-earths export controls. While President Donald Trump’s initial response was to announce an additional 100% tariff and software restrictions on China, which controls more than 90% of the world’s processed rare earths and rare earth magnets, … Read more
President Donald Trump could still slap China with 100% tariffs on Nov. 1 or sooner, depending on Beijing’s next move in a dispute over rare earths, U.S. Trade Representative Jamieson Greer told CNBC Tuesday. “A lot depends on what the Chinese do,” Greer told CNBC in an interview. “They are the ones who have chosen … Read more
A dump truck moves raw ore inside the pit at the Mountain Pass mine, operated by MP Materials, in Mountain Pass, California, U.S., on Friday, June 7, 2019. Joe Buglewicz | Bloomberg | Getty Images In the 1984 science fiction film Dune, Baron Vladimir Harkonnen uttered the famous quote that can aptly be used to … Read more
30 August 2025, China, Tianjin: The flag of China (r-l) flies alongside the flags of India, Kazakhstan, Pakistan and other countries represented at the Shanghai Cooperation Organization summit. The ten member states of the regional security organization are meeting from Sunday to Monday in the northern Chinese port city of Tianjin, along with observer and … Read more
China premier Li Qiang, Beijing’s No. 2 official, pledged to open up the world’s second largest economy to “quality products from all over the world” as he vowed to deepen economic ties with both Southeast Asia and the Middle East. “We need to enable domestic and international circulations…so that companies across the world, including those … Read more
A general view of shoppers is seen in a retail store in Shanghai, China, on May 10, 2025, as China’s CPI declines in April amid a trade war. Ying Tang | Nurphoto | Getty Images China cut its key lending rates by 10 basis points on Tuesday, as a stronger yuan and easing trade tensions … Read more
The wind whispers about a secretive Chinese operation labeled the “China Crypto Commandos,” allegedly a Beijing-backed unit conducting covert crypto activities. Rumors say these operatives use unassuming locations like arcades to mask their work. Given China’s complex relationship with digital assets, the idea of a black ops crypto unit could be a real plot. While … Read more
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