59 m. 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

67 m. ago Crypto, China, critical minerals: inside Pakistan army chief’s US visit

Pakistan’s army chief, General Asim Munir, was set to arrive in Washington on Thursday, three weeks after his country’s flare-up with neighbouring, nuclear-armed rival India. Munir will stay in the US until June 18 and is expected to attend the US Army’s 250th anniversary celebrations on June 14 in the nation’s capital – a day that coincides with US President Donald Trump’s birthday, according to three people familiar with the matter. The Pakistani general is likely during his visit to travel to...

Politics

88 m. ago New Zealand PM Luxon to meet President Xi in China, then head to Europe

New Zealand PM Luxon to meet President Xi in China, then head to Europe  Reuters

Politics

1 hour ago Hong Kong Bets the Future on a Vast Tech Zone by China’s Border

Hong Kong Bets the Future on a Vast Tech Zone by China’s Border  Bloomberg.com

Politics

1 hour ago Moutai, China’s premier liquor brand, may find austerity rules hard to swallow

China’s premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness. Management at the company, valued at 1.86 trillion yuan (US$258.73 billion), has pledged to comply with strictures stressing thrift – guidelines that have helped to remove Moutai’s expensive...

Politics

2 h. ago Trump seems to reverse course on Chinese students in US, saying he supports them

US President Donald Trump reiterated his support for Chinese students in America on Thursday and pledged to help them remain in the country after graduation, distancing himself from initiatives that his administration has announced to limit or block international students because of national security concerns. “I’ve always been strongly in favour of it. I think it’s a great thing,” Trump said on Thursday, referring to Chinese nationals seeking to study in the US. “It’s also good for our schools....

Politics

2 h. ago Trump cannot hope to solve a China ‘problem’ he has misdiagnosed

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

3 h. ago Trump’s China Trade Framework Mostly a Reset to Earlier Terms

Trump’s China Trade Framework Mostly a Reset to Earlier Terms  Bloomberg

Politics

3 h. ago China ‘always’ raises this issue in deals with the US, trade rep says

China ‘always’ raises this issue in deals with the US, trade rep says  Fox News

Politics

3 h. ago Trump's China trade 'deal' returns the U.S. right back to where it started

Trump's China trade 'deal' returns the U.S. right back to where it started  MSNBC News

Politics

4 h. ago Toyota is teaming up with China’s biggest tech giants to gain an edge in EVs

Toyota is teaming up with China’s biggest tech giants to gain an edge in EVs  Electrek

Politics

4 h. ago Nvidia to exclude China from forecasts amid US chip export controls

Nvidia to exclude China from forecasts amid US chip export controls  South China Morning Post

Politics

5 h. ago US, China trade truce: Beijing affirms pact, says both must abide by deal

US, China trade truce: Beijing affirms pact, says both must abide by deal  The Economic Times

Economics

5 h. ago US says China's Huawei can't make more than 200,000 AI chips in 2025

US says China's Huawei can't make more than 200,000 AI chips in 2025  Reuters

Politics

5 h. ago Nvidia to stop including China in forecasts amid US chip export controls, CNN reports

Nvidia to stop including China in forecasts amid US chip export controls, CNN reports  Reuters

Politics

5 h. ago Nvidia will stop including China in its forecasts amid US chip export controls, CEO says

Nvidia will stop including China in its forecasts amid US chip export controls, CEO says  CNN

Politics

5 h. ago There are risks and rewards to moving manufacturing from China to India

There are risks and rewards to moving manufacturing from China to India  The Hill

Events

7 h. ago Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff

Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff  TechRepublic

Politics

8 h. ago UK forces chief praised ‘responsible’ China on Beijing visit

UK forces chief praised ‘responsible’ China on Beijing visit  The Times

Politics

8 h. ago China says it will remove all tariffs on African exports to boost trade

China says it will remove all tariffs on African exports to boost trade  Reuters

Politics