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THE CHINA NOW

3 days ago3 min read

China Cracks Down on Influencers and Merchants with New Tax Reporting Rules

China's tax authority introduces new rules for income reporting by influencers and merchants to boost e-commerce oversight.

Tencent and Honor Join Forces on AI as Apple Struggles in China

3 days ago3 min read

Business

Tencent and Honor Join Forces on AI as Apple Struggles in China

Tencent’s partnership with Honor advances AI development, while Apple faces regulatory hurdles in bringing AI to iPhones in China.

China’s Premier Li Qiang Vows to End Unfair Targeting of Private Firms

4 days ago3 min read

Economy

China’s Premier Li Qiang Vows to End Unfair Targeting of Private Firms

Premier Li Qiang announces a 2025 initiative to regulate business-related law enforcement and improve the business environment in China.

China Maintains 5% GDP Growth Target for 2025, Focuses on Proactive Measures

4 days ago3 min read

Economy

China Maintains 5% GDP Growth Target for 2025, Focuses on Proactive Measures

China is sticking to a 5% GDP growth target for 2025, focusing on proactive fiscal policies and increased flexibility for local authorities.

China’s Finance Sector Must Leverage AI to Drive Transformation, Says Former PBOC Official

5 days ago3 min read

Economy

China’s Finance Sector Must Leverage AI to Drive Transformation, Says Former PBOC Official

Li Dongrong highlights next-gen AI's role in transforming China’s financial services and driving economic growth.

Chinese Court Sides with Ralph Lauren in Trademark Lawsuit Against Chinese Companies

6 days ago3 min read

Business

Chinese Court Sides with Ralph Lauren in Trademark Lawsuit Against Chinese Companies

Ralph Lauren's victory highlights China's commitment to enforcing IP rights, with a record compensation for trademark infringement.

Walmart Partners with Meituan for 30-Minute Deliveries Across China

6 days ago3 min read

Business

Walmart Partners with Meituan for 30-Minute Deliveries Across China

Walmart’s partnership with Meituan offers 30-minute deliveries, boosting its digital presence in China’s competitive retail market.

Alibaba Sells Intime at US$1.3 Billion Loss in Retreat from Offline Retail

6 days ago2 min read

Business

Alibaba Sells Intime at US$1.3 Billion Loss in Retreat from Offline Retail

Alibaba's sale of its Intime stake signals a shift back to e-commerce, moving away from its previous offline retail focus.

China Expands Visa-Free Transit to 10 Days for Visitors from 54 Countries

6 days ago3 min read

Economy

China Expands Visa-Free Transit to 10 Days for Visitors from 54 Countries

Photo by FMT Summary China expands its visa-free travel policy to 10 days for citizens of 54 countries, including the U.S., Australia,...

Hyundai Partners with BAIC for $1.1 Billion Investment to Boost Sales in China

Dec 113 min read

Auto

Hyundai Partners with BAIC for $1.1 Billion Investment to Boost Sales in China

Hyundai and BAIC’s $1.1 billion investment aims to revive Hyundai’s presence in China with new models and more exports.

Apple Expands Collaboration With China’s Tech Suppliers in Response to Global Trade Shifts

Dec 92 min read

Business

Apple Expands Collaboration With China’s Tech Suppliers in Response to Global Trade Shifts

Apple doubles down on its Chinese supply chain strategy by highlighting supplier partnerships in green and tech-driven manufacturing.

China Stocks Slide as Slower Services Growth and Trade Tensions Weigh

Dec 52 min read

Economy

China Stocks Slide as Slower Services Growth and Trade Tensions Weigh

Chinese stocks face pressure as slowing services growth and rising trade frictions weigh on investor sentiment.

Millions of Chinese Nintendo Players Affected as Tencent Winds Down eShop

Nov 282 min read

Technology

Millions of Chinese Nintendo Players Affected as Tencent Winds Down eShop

Tencent to Shut Down Nintendo Switch eShop Operations in China Amid Market Adjustments.

Facing Decline in China, Starbucks Explores Strategic Partnerships with Local Companies

Nov 282 min read

Business

Facing Decline in China, Starbucks Explores Strategic Partnerships with Local Companies

Starbucks considers selling a stake in its Chinese operations as competition intensifies and market growth slows.

China’s Largest Courier Firm S.F. Holding Aims to Boost Global Presence with $792.7M IPO

Nov 202 min read

Business

China’s Largest Courier Firm S.F. Holding Aims to Boost Global Presence with $792.7M IPO

S.F. Holding’s IPO reflects rising investor interest and a push for global expansion in the courier industry.

Hennessy Explores Bottling in China to Avoid EU Brandy Tariffs, Causing Strikes

Nov 202 min read

Business

Hennessy Explores Bottling in China to Avoid EU Brandy Tariffs, Causing Strikes

Hennessy considers bottling in China to circumvent tariffs, raising industry-wide concerns about jobs and market strategies.

Nov 183 min read

Explained

Explained: What Drives China’s Economy? 5 Indicators Defining Its Current Business Climate

From retail sales to unemployment, these five indicators reveal the key trends shaping China’s economic landscape today.

China’s Consumer Prices Rise at Slower Rate in September

Oct 152 min read

Economy

China’s Consumer Prices Rise at Slower Rate in September

China's inflation slowed to 0.4% in September, leading to plans for a major stimulus to boost consumption.

China Confident in Meeting Economic Growth Target for 2024, Says Top Official

Oct 92 min read

Economy

China Confident in Meeting Economic Growth Target for 2024, Says Top Official

China pledges more measures to sustain economic growth as stocks surge 10%, despite challenges.

Oct 72 min read

Auto

BYD and Li Auto Lead Record-Breaking Month for Chinese EV Sales

Chinese EV makers like BYD and Li Auto hit record sales, driven by discounts and promotions, signaling future growth.