“We’re very well along,” says President Trump about U.S.-China trade talks. “Significant work remains,” caution his spokespeople. Negotiators representing the world’s two largest economies have worked hard for months to resolve long-standing conflicts over market access, protection of intellectual property, and other issues that led Trump last year to order billions of dollars in tariffs…
Few cities in China have had as grim a history over the past century as Chongqing. Now the enormous city is prospering, but faces a wave of pink slips at factories.
Didi Chuxing is making a further push into the financial arena as it looks to diversify its business amid huge losses. We reported in January that the company, which controls a dominant slice of China’s ride-hailing market, released financial and insurance products targeting riders and drivers. Its service offering just broadened after the startup launched […]
In China, where facial recognition cameras are celebrated as a national triumph, many citizens convince themselves that everywhere else is filled with danger.
A largely empty urban district struggling with billions of dollars in debt demonstrates the breakdown of the Chinese economic growth model.
Layoffs hit JD.com, Tencent and Didi Chuxing
This is your Data Sheet newsletter for Wednesday, April 10, 2019.
An anonymous reader quotes a report from Gizmodo: Chinese journalists and netizens recently found that Apple Music’s Chinese streaming service censored a song by Hong Kong singer Jacky Cheung that references the 1989 Tiananmen Square pro-democracy prot…
The president is not only reading the markets as a daily measure of his success, he is also shaping policy to keep prices high.
China, whose initial enthusiasm about cryptocurrencies has waned, may order its local governments not to support the industry.