14 h. ago TikTok’s sister app Douyin courts merchants with lower deposit fees

TikTok owner ByteDance, whose Douyin short video app has emerged as a popular e-commerce shopping platform in China, will cut the guarantee deposit payable by merchants, in a move designed to keep existing sellers and lure new ones amid fierce competition. The deposit, held by the platform on behalf of sellers to cover potential costs such as refunds or penalties, would be capped at 5,000 yuan (US$695), a fraction of the previous maximum of 500,000 yuan. As a result, the deposit payable by...

Events

45 h. ago Beijing puts six month limit on its ease of rare earth export licenses

Beijing puts six month limit on its ease of rare earth export licenses  Forexlive | Forex News, Technical Analysis & Trading Tools

Politics

53 h. ago China working to add C919 certification to agenda for July EU summit

China will push for civil aviation to be a topic of discussion at a summit with European Union leaders in July, with particular focus on the certification of the domestically produced C919 aircraft, according to a source with knowledge of the matter. High-level negotiations on the safety evaluation process would be likely to fast-track ratification of the airliner, the source said, and a rumoured order of hundreds of Airbus aircraft from Beijing would only help speed things along. Next month’s...

Politics

5 d. ago Officials race to comply with Xi’s austerity rules as inspectors come knocking

As Elon Musk’s so-called Department of Government Efficiency was shaking up federal agencies in America with deep spending cuts, bureaucrats in China were also feeling the heat. Since mid-March, thousands of Chinese officials have been scrambling to comply with President Xi Jinping’s austerity orders – making sure their offices are modest, their meal receipts are in order and returning any lavish gifts – as inspectors carry out checks. The campaign has been running since 2012 and takes aim at...

Politics

6 d. ago BYD’s latest EV price cuts trigger ‘war panic’ as China warns it’s now out of control

BYD’s latest EV price cuts trigger ‘war panic’ as China warns it’s now out of control  Electrek

Events

8 d. ago Citi Cuts Tech Staff in China, Presses on With Brokerage Plan

Citi Cuts Tech Staff in China, Presses on With Brokerage Plan  WSJ

Politics

8 d. ago Citi plans to cut 3,500 tech roles in China as global banks cut costs

Citi plans to cut 3,500 tech roles in China as global banks cut costs  CNBC

Economics

8 d. ago Citi plans to slash 3,500 tech roles in China as global banks cut costs

Citi plans to slash 3,500 tech roles in China as global banks cut costs  CNBC

Economics

8 d. ago Citi to cut 3,500 tech jobs in China as part of global revamp

Citi to cut 3,500 tech jobs in China as part of global revamp  Reuters

Politics

8 d. ago Citi to cut 3,500 technology jobs in China as part of global revamp

Citi to cut 3,500 technology jobs in China as part of global revamp  Yahoo Finance

Politics

9 d. ago After Trump cut funding for energy transitions overseas, could China step in?

After Trump cut funding for energy transitions overseas, could China step in?  Dialogue Earth

Politics

1 week ago Tracking Trump: DOGE cuts cause inefficiencies; China accuses Trump of provoking trade tensions; Trump discusses a pardon for Diddy; and more

Tracking Trump: DOGE cuts cause inefficiencies; China accuses Trump of provoking trade tensions; Trump discusses a pardon for Diddy; and more  MSN

Politics

1 week ago Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days

Beijing and Washington last month agreed to slash staggeringly high tariffs on each other for 90 days  IslanderNews.com

Politics

1 week ago Boeing’s China hopes face trade war headwinds, supply chain risks: analysts

Boeing expects Chinese airlines to resume orders that were paused during the trade war with the United States, but analysts warn supply chain constraints and tariff uncertainties could slow actual deliveries. Kelly Ortberg, CEO of the American aircraft giant, said Chinese airlines have confirmed they would begin taking deliveries of Boeing planes this month after Beijing and Washington agreed to a 90-day trade truce in May. In April, Ortberg was quoted as saying that deliveries to China had been...

Events

1 week ago US can’t cut China off completely, but must defend AI and American innovation from nonstop theft: Sen Rounds

US can’t cut China off completely, but must defend AI and American innovation from nonstop theft: Sen Rounds  Fox News

Politics

1 week ago Opinion | Why China’s problem of cutthroat competition demands the world’s attention

Opinion | Why China’s problem of cutthroat competition demands the world’s attention  South China Morning Post

Politics

1 week ago China Auto Body Slams ‘Vicious Competition’ After BYD Price Cuts

China Auto Body Slams ‘Vicious Competition’ After BYD Price Cuts  Bloomberg.com

Politics

1 week ago US tariffs to stay in place, China graduate jobs dwindle: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. US appeal court allows Donald Trump’s tariffs to stay in effect A US federal appeal court has temporarily halted a lower-court ruling against President Donald Trump’s “Liberation Day” reciprocal tariffs, as well as a separate set of fentanyl-related levies on China, Mexico and Canada, the latest in a string of twists that leave the state of global trade...

Politics

2 w. ago China Cut Drone Sales to West But Supplies Them to Russia, Ukraine Says

China Cut Drone Sales to West But Supplies Them to Russia, Ukraine Says  Bloomberg.com

Events

2 w. ago Native Kindergarten or Primary School English Teacher in Beijing, Salary From 28 to 32k Monthly

Native Kindergarten or Primary School English Teacher in Beijing, Salary From 28 to 32k Monthly  the Beijinger

Politics