China Economic Review
The TRIaXplore Empowered by MGM 2025 event was successfully held at MGM Cotai from April 28 to 30, 2025. This unique and exclusive health focused forum highlighted knowledge and trends in the wellness industry, showcasing the growth potential in integrated health, wellness, and beauty. The event was hosted by MGM and its award-winning spa brand, […]
JD.com has downsized its community group-buying offshoot Jingxi Pinpin for the second time this year, shutting up shop in Hubei and Shandong provinces as it struggles to break through in an industry dominated by Pinduoduo and Meituan, reports Caixin. It comes after Jingxi Pinpin withdrew from several other provinces including Sichuan and Hebei in March. […]
Huawei Technologies is stepping up efforts to turn its vast pool of patents into revenue through licensing arrangements with domestic companies, as the telecommunications giant seeks to offset the effects of US sanctions, reports Nikkei Asia. Huawei is communicating with domestic companies on patent licensing and expects to reach agreements in the near future, Fan […]
ByteDance, the Chinese owner of the popular short video app TikTok, has seen its valuation drop by $100 billion over the past year to about $300 billion, according to sources and published deal offers, reports the South China Morning Post. The latest valuation of the technology giant, whose plans to go public remain up in […]
More information and comments emerged this week about the “common prosperity” policy, aimed at creating a measure of wealth distribution to make Chinese society more equal. The government has basically decided, it seems, not to use taxation as a means of achieving this goal, and it is true that the rich can always find loopholes […]