China’s Social Credit System

Your browser does not support the audio element. Display panel maker HKC has recently completed pre-listing counseling, Yicai reported on Tuesday. LCD panel prices have fallen to record lows, posing a profit challenge for the firm, which is the third-largest display panel maker in China. Previously, the China Securities Regulatory…

It’s official: The 25th Shanghai International Film Festival is canceled. Organizers confirmed Monday what industry figures had long anticipated — that China’s largest and most respected cinema event would not go forward this year due to ongoing Omicron outbreaks in the country and Beijing’s strict “COVID zero” policy. The Shanghai…

U.S. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump, to combat the current high inflation. "We are looking at it. In fact,…

Chinese Foreign Minister Wang Yi says resetting China-Australia relations won't be done on auto-pilot mode and will require concrete actions. China’s foreign minister has commented on his country’s tense relations with Australia in recent years, saying a “political force” insists on viewing China as a rival instead of a partner.…

At a meeting in Toyko last week, Joe Biden reportedly had high words of private praise for Indian Prime Minister Narendra Modi. The two leaders met with their Japanese and Australian counterparts, Kishida Fumio and Anthony Albanese, for a Quadrilateral Security Dialogue (Quad) summit. Dating back to 2007, the Quad…

Placeholder while article actions load Canadian Prime Minister Justin Trudeau has accused China of harassing Canadian military jets in the skies above Asia, calling the situation “extremely troubling,” as he promised to raise the issue with Beijing. Canadian military aircraft are in the region as part of a United Nations-backed…

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Your browser does not support the audio element. Chinese automaker BYD announced Wednesday that it plans to use its own funds to buy back RMB common shares (A shares) through centralized bidding or other means approved by the China Securities Regulatory Commission. All repurchased shares will reportedly be used for…

A downturn in China’s venture capital market continued along with the linging epidemic. Only 251 venture deals worth about US$4.35 billion were recorded in the past month, according to China Money Network’s China VC Tracker release today. This data was gradually approaching the trough at the beginning of the COVID-19…

Your browser does not support the audio element. China’s Ministry of Industry and Information Technology (MIIT) recently organized a third-party testing agency to inspect mobile applications and put forward rectification requirements for 368 apps found to have infringed on users’ rights and interests. As of Wednesday, the date of the…