Man in China wins $5.7 million lottery prize, goes on wild shop-wrecking celebration
asiaone.com/china/man-china-wins-57-million-lottery-prize-goes-wild-shop-wrecking-celebration
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| Last Updated | May 23 23 |
| Total Articles | 1 |
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China Offers Drivers Up to $1,380 to Trade in Their Old Cars: China will give a one-time subsidy of as much as 10,000 yuan ($1,380) to consumers who trade in ...
bloomberg.com/news/articles/2024-04-26/china-offers-drivers-up-to-1-380-to-trade-in-their-old-cars
TikTok will not be sold, Chinese parent ByteDance tells US: The video sharing app faces being banned in the US unless it severs ties with its China's ByteDance.
bbc.com/news/articles/c289n8m4j19o
Quick Glance: Chinese TikTok App Sale Required for National Security Measures
- A newly enacted law mandates the sale of the Chinese-owned TikTok app to address national security concerns.
- According to experts, China has intensified its online information operations in recent years to advance its broader objectives.
- China has actively sought to leverage TikTok to influence politics in Taiwan, yet these endeavors ultimately proved unsuccessful.
- While TikTok was utilized in these publicly identified Chinese operations, researchers have not observed a specific emphasis on the app compared to other popular platforms.
Chinese owner denies it’s willing to sell TikTok as US ban looms: TikTok’s Chinese parent company ByteDance said Thursday that it has no plans to sell the social ...
cnn.com/2024/04/25/business/bytedance-denies-reports-selling-tiktok-intl-hnk/
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Country Garden Extends Bonds to Avoid First Local Default: Chinese developer Country Garden Holdings Co., one of the biggest symbols of the nation’s broader ...
bloomberg.com/news/articles/2024-04-24/country-garden-extends-bonds-to-avoid-first-local-default
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Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5
TikTok says US House bill that could ban app would 'trample' free speech: WASHINGTON: TikTok on Sunday (Apr 21) repeated its free-speech concerns about a bill ...
channelnewsasia.com/world/tiktok-us-house-bill-ban-app-free-speech-4281406
Why TikTok’s technology is special: The algorithms are deemed core to ByteDance's overall operations, and ByteDance would rather shut down the app than sell ...
fastcompany.com/91114302/why-tiktoks-technology-is-special
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Tesla cuts prices in US, China and Germany as competition heats up: Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices ...
cnn.com/2024/04/22/cars/tesla-price-war-china-germany-us-intl-hnk/
Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies
- Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.
- The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.
- The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.
- The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.
Tesla cuts prices in China, Germany and around globe after US cuts: Tesla has cut prices in a number of its major markets, including China and Germany ...
reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/
Quick Glance: Tesla responds to declining sales with global price reductions
- Tesla has lowered prices in various key markets, including China and Germany, to address the declining sales and increasing price competition for electric vehicles.
- The recent price reductions come in light of a decrease in Tesla's global vehicle deliveries in the first quarter, marking the first time in nearly four years.
- The starting price of the revamped Model 3 in China was reduced by 14,000 yuan to 231,900 yuan. Similarly, in Germany, the price of the rear-wheel-drive Model 3 was decreased from 42,990 euros to 40,990 euros.
- In addition to the mentioned price cuts, there were reductions in many other countries across Europe, the Middle East, and Africa. Prices for the Model Y, Model X, and Model S vehicles in the US were decreased by $2,000. Moreover, Tesla slashed the price of its Full Self-Driving Software in the US from $12,000 to $8,000.
China’s Big Data Release to Show If Economy Rebounded
bloomberg.com/news/live-blog/2024-04-16/china-quarterly-gdp-key-data
China leaves benchmark lending rates unchanged, in line with expectations: China left benchmark lending rates unchanged at a monthly fixing on Monday ...
reuters.com/world/china/china-leaves-benchmark-lending-lprs-unchanged-line-with-expectations-2024-04-22/
China's cycle of dollar hoarding and weakening yuan gets vicious: Chinese businesses are hoarding dollars because they expect their own currency to weaken ...
reut.rs/44h7QeB
China's foreign investment inflows fall 26.1% despite 'openness' vows: HONG KONG -- China's inbound foreign investment shrank 26.1% on the year in the ...
asia.nikkei.com/Economy/China-s-foreign-investment-inflows-fall-26.1-despite-openness-vows
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Tesla’s closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market
scmp.com/business/china-business/article/3259873/teslas-closest-chinese-rival-li-auto-slashes-prices-ev-discount-war-spreads-premium-market
China Real Estate Crisis: Private Builders Face $553 Billion Gap to Finish Homes: Chinese private developers face a 4 trillion yuan ($553 billion) funding gap to ...
bloomberg.com/news/articles/2024-04-15/china-real-estate-crisis-private-builders-face-553-billion-gap-to-finish-homes
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Asian finance officials raise ‘serious concerns’ over strong dollar: Emerging-market currencies have been under pressure from shifting US interest rate ...
ft.com/content/63c36478-8cf3-438e-91e2-97a8888773d1
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth: Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the ...
cnbc.com/2024/04/26/chinese-ev-start-ups-nio-and-xpeng-turn-to-the-mass-market-for-growth.html
China's Gen Z turns frugal as economy doubts linger: SHANGHAI/NEW YORK -- At 24 years old, Zhang Ru is not a target customer of the Shanghai community dining ...
asia.nikkei.com/Spotlight/Asia-Insight/China-s-Gen-Z-turns-frugal-as-economy-doubts-linger
Paid articlePaid China Brokers Woo ‘Snowball’ Derivative Buyers With 40% Returns After Stock Rout: Chinese securities firms are dangling near record-high returns to lure ...
bloomberg.com/news/articles/2024-04-21/china-brokers-woo-snowball-derivative-buyers-with-40-returns-after-stock-rout
Tesla slashes China prices nearly $2,000, in line with US cuts: Tesla has lowered prices by close to $2,000 for its vehicle lineup in China following similar ...
dailysabah.com/business/automotive/tesla-slashes-china-prices-nearly-2000-in-line-with-us-cuts
China's BYD eyes luxury brands to boost profit margins: GUANGZHOU -- Chinese electric vehicle leader BYD may have no choice but to turn to its luxury brands like ...
asia.nikkei.com/Business/Automobiles/China-s-BYD-eyes-luxury-brands-to-boost-profit-margins
Brave China ‘cancer warrior’ dies 2 days after 25th birthday, final wish to find brother a girlfriend left unfulfilled
scmp.com/news/people-culture/trending-china/article/3258770/brave-china-cancer-warrior-dies-2-days-after-25th-birthday-final-wish-find-brother-girlfriend-left
China to facilitate Hong Kong IPOs and expand Stock Connect: China will facilitate Hong Kong listings by leading Chinese companies and expand the Stock Connect ...
reuters.com/world/china/china-facilitate-hong-kong-ipos-expand-stock-connect-2024-04-19/
Humble China street vendor makes sacrifices to support academically gifted daughters who gain PhD and master’s degree, goes viral
thestar.com.my/tech/tech-news/2024/04/17/humble-china-street-vendor-makes-sacrifices-to-support-academically-gifted-daughters-who-gain-phd-and-masters-degree-goes-viral
China's weak yuan forces central bank to hold rates steady: BEIJING -- China's central bank has kept key lending rates unchanged again as its monetary ...
asia.nikkei.com/Economy/China-s-weak-yuan-forces-central-bank-to-hold-rates-steady
Paid articlePaid More university graduates in China turning to smaller cities for employment: Report
channelnewsasia.com/asia/china-university-graduates-smaller-cities-employment-wages-shanghai-beijing-4275211
Tibetans say compensation for Chinese land grab is too low: 4 protesters who were arrested are released, but say they were beaten.
rfa.org/english/news/tibet/tibet-land-grab-04222024202642.html
CATL First-Quarter Net Rises as Battery Dominance Pays Dividends: Contemporary Amperex Technology Co. Ltd.’s first-quarter profit rose as the battery maker’s ...
bloomberg.com/news/articles/2024-04-15/catl-first-quarter-net-rises-as-battery-dominance-pays-dividends
Paid articlePaid China’s ICBC Plans $5.5 Billion Sale of Loss-Absorbing Bonds: Industrial and Commercial Bank of China Ltd. is planning to issue as much as 40 billion yuan ($5 ...
bloomberg.com/news/articles/2024-04-09/china-s-icbc-plans-5-5-billion-sale-of-loss-absorbing-bonds
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Chinese couple abandons baby with nanny for $55mn inheritance from ex-partner : In China, a couple left their baby with a nanny, citing a large inheritance of ...
wionews.com/world/chinese-couple-abandons-baby-with-nanny-for-55mn-inheritance-from-ex-partner-711515
Chinese-made Loongson 3A6000 CPU makes a debut in $387 mini PC: The Loongson 3A6000 CPU is now available as an SoC for a Morefine M700S mini PC intended for ...
tomshardware.com/desktops/mini-pcs/chinese-made-loongson-3a6000-cpu-makes-a-debut-in-dollar387-mini-pc
Is it time to call code red on TikTok challenges and Gen Z’s obsession with popularity contests?
scmp.com/week-asia/opinion/article/3258016/it-time-call-code-red-tiktok-challenges-and-gen-zs-obsession-popularity-contests
China KOL with 19 million fans shut down for faking story about school homework left in Paris café toilet apologises
scmp.com/news/people-culture/china-personalities/article/3259128/china-kol-19-million-fans-shut-down-faking-story-about-school-homework-left-paris-cafe-toilet
Big three Chinese airlines extend losing streak as rivals rise after COVID: HONG KONG -- China's big three state-owned airlines are lagging behind as ...
asia.nikkei.com/Business/Transportation/Big-three-Chinese-airlines-extend-losing-streak-as-rivals-rise-after-COVID
Paid articlePaid China badminton player paralysed after standing on stray cat in stadium during game, court orders feline ‘keeper’ pay US$33,000 in compensation
scmp.com/news/people-culture/trending-china/article/3256183/china-badminton-player-paralysed-after-standing-stray-cat-stadium-during-game-court-orders-feline
China natural disasters cost $3.3 billion in first quarter: Government : Floods, droughts, an earthquake and freezing conditions in China caused direct economic ...
english.alarabiya.net/News/world/2024/04/13/china-natural-disasters-cost-3-3-billion-in-first-quarter-government-
Million-Dollar Jobs for Star Analysts at Risk in China Research Pullback: Brokerage analysts in China are confronting a harsh new reality.
bloomberg.com/news/articles/2024-04-17/million-dollar-analyst-jobs-at-risk-in-china-research-pullback
Global firms with China units tempted by cheaper renminbi funding: Global companies with China businesses are increasingly issuing renminbi debt to finance ...
reuters.com/world/china/global-firms-with-china-units-tempted-by-cheaper-renminbi-funding-2024-04-09/
Chinese AI Mogul’s Wife Admits to $21 Million of Secret Trades: Chinese regulators are zeroing in on one of the country’s most prominent AI and computing firms ...
bloomberg.com/news/articles/2024-04-12/chinese-ai-mogul-s-wife-admits-to-21-million-of-secret-trades
Paid articlePaid Father of dead China singer blasts blogger’s digital version of late son created without consent, calls for AI control
scmp.com/news/people-culture/china-personalities/article/3255896/father-dead-china-singer-blasts-bloggers-digital-version-late-son-created-without-consent-calls-ai
From consumption to tourism, China’s middle class holds the key to revving up economic engine, but can they turn it?
scmp.com/economy/economic-indicators/article/3259046/consumption-tourism-chinas-middle-class-holds-key-revving-economic-engine-can-they-turn-it
Bipartisan ire flares after POLITICO reveals Chinese Embassy's quiet TikTok lobbying
politico.com/live-updates/2024/04/18/congress/bashing-chinas-tiktok-moves-00153040
BYD unveils new low-cost ‘interstellar chariot’ electric SUV complete with a drone landing
electrek.co/2024/04/16/byd-unveils-new-interstellar-chariot-electric-suv-with-drone-pad/
China couple abandon baby with nanny after claiming they will receive US$55 million inheritance from woman’s ex
scmp.com/news/people-culture/social-welfare/article/3257533/china-couple-abandon-baby-nanny-after-claiming-they-will-receive-us56-million-inheritance-womans-ex
China Tells Brokers to Limit Exposure to ‘Snowball’ Derivatives: China is moving to curb “snowball” derivatives after brokers hiked returns to near-record levels ...
bloomberg.com/news/articles/2024-04-24/china-tells-brokers-to-limit-exposure-to-snowball-derivatives
Apple Deletes Meta’s Threads and WhatsApp From China App Store After Government Pressure
thewrap.com/apple-removes-whatsapp-threads-china-app-store-tiktok-ban/
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
First High-School Education Group Co., Ltd. (FHSEY) Q4 2023 Earnings Call Transcript
seekingalpha.com/article/4686702-first-high-school-education-group-co-ltd-fhsey-q4-2023-earnings-call-transcript
In south China, silkworm farmers reel from floods | kuwaittimes: In south China, silkworm farmers reel from floods - World - QINGYUAN: Hose in hand ...
kuwaittimes.com/article/13549/world/asia/in-south-china-silkworm-farmers-reel-from-floods/
Samsung’s 2024 BAR Plus USB flash drive is now available: Unleash the power of the Samsung BAR Plus USB flash drive. Securely store your files and enjoy ...
gizchina.com/2024/04/22/samsung-bar-plus-usb-flash-drive/
SDC launches 4K 165Hz Nano-IPS monitor with DisplayPort 2.0 at $415 - VideoCardz.com
videocardz.com/newz/sdc-launches-4k-165hz-nano-ips-monitor-with-displayport-2-0-at-415
Tesla cuts prices nearly $2,000 in China, in line with US cuts - Companies - The Jakarta Post
thejakartapost.com/business/2024/04/21/tesla-cuts-prices-nearly-2000-in-china-in-line-with-us-cuts.html
A stall in Malaysia is going viral for its cartoon pancakes, owner accepts custom requests
cnalifestyle.channelnewsasia.com/trending/abang-pancake-kartun-malacca-melaka-malaysia-388991
Fosun Tourism's Post-Covid Holiday Fizzles: Fosun Tourism said business volume at its Atlantis Sanya mega-resort and Club Med chain rose 4.5% and 15.2% ...
seekingalpha.com/article/4685289-fosun-tourisms-post-covid-holiday-fizzles
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Pig numbers continue to decline: After pig farmers suffered heavy losses last year, pig populations in the People's Republic of China are now being reduced ...
topagrar.com/schwein/news/schweinebestand-sinkt-weiter-20002418.html
TCL Unveils Flagship Q10K Pro Mini-LED TV Line: Up To 98″ With 4K 144Hz Panel, 3800nits Brightness
wccftech.com/tcl-unveils-q10k-pro-mini-led-tv-line-98-inches-4k-144hz-panel-3800nits-brightness/
China’s $3.7 Trillion Wealth Industry Is Plagued by Sub-3% Returns: Low-risk investments that yield 3% are becoming rare. It’s disorienting for a nation of ...
bloomberg.com/opinion/articles/2024-04-21/china-s-3-7-trillion-wealth-industry-is-plagued-by-sub-3-returns
China Q1 GDP Rises 5.3%, Retail Sales Up 3.1%: China's March data illustrates that it will be difficult to rely on consumption alone this year to drive ...
wwd.com/business-news/government-trade/china-q1-gdp-1236315698/
Huawei launches new Pura 70 series phones equipped with self-developed Kirin 9010 chip
technode.com/2024/04/19/huawei-launches-new-pura-70-series-phones-equipped-with-self-developed-kirin-9010-chip/
Young Chinese ease their angst
over economy by playing lottery: Lottery shops in China are ditching bland storefronts to reinvent themselves as hipster hangouts ...
thestar.com.my/news/focus/2024/04/21/young-chinese-ease-their-angst-over-economy-by-playing-lottery
China set to keep lending benchmark LPRs unchanged in April: SHANGHAI: China is widely expected to leave benchmark lending rates unchanged on Monday ...
thestar.com.my/business/business-news/2024/04/19/china-set-to-keep-lending-benchmark-lprs-unchanged-in-april
JD introduces avatar of founder Richard Liu to promote goods in move to lure shoppers
technode.com/2024/04/18/jd-introduces-avatar-of-founder-richard-liu-to-promote-goods-in-move-to-lure-shoppers/
My friend has a recipe for online success, but he’s not feeling the love: Making money from online content – no matter how colourful – has its challenges
irishtimes.com/world/asia-pacific/2024/04/19/my-friend-has-a-recipe-for-online-success-but-hes-not-feeling-the-love/
Food stand at Pa. amusement park catches on fire: The incident comes less than a day before Allegheny County District Attorney Stephen Zappala is scheduled to ...
pennlive.com/news/2024/04/food-stand-at-pa-amusement-park-catches-on-fire.html
Self-service boost to pocketbooks: THE People’s Income Initiative (IPR) of the government has proven to be instrumental in increasing the earnings of the B40 ...
thestar.com.my/metro/metro-news/2024/04/18/self-service-boost-to-pocketbooks
Property Developer Debt Collection Enters New Phase With Shimao Liquidation: A unit of China Construction Bank has asked a court to liquidate Shimao Group ...
seekingalpha.com/article/4684207-deadbeat-developer-debt-collection-enters-new-phase-with-shimao-liquidation
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OPPO A1s and A1i: Dimensity 6020, up to 12GB RAM, 512GB storage: OPPO has introduced two new smartphones in the Chinese market, the OPPO A1s and the OPPO A1i ...
noypigeeks.com/android/oppo-a1s-a1i/
Ximalaya Aims High In Third Listing Attempt: Ximalaya has filed to list in Hong Kong after reportedly being pressured by Chinese government officials to withdraw ...
seekingalpha.com/article/4683993-ximalaya-aims-high-third-listing-attempt
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Expensive parts in Realme GT Neo6 SE: How much will it cost to replace the brightest screen in a smartphone? | NEWS.am TECH - Innovations and science
tech.news.am/eng/news/3303/expensive-parts-in-realme-gt-neo6-se-how-much-will-it-cost-to-replace-the-brightest-screen-in-a-smartphone.html
Former TikTok Employees Expose Social Media Platform's Alleged Ties to China and Data Sharing
techtimes.com/articles/303595/20240415/former-tiktok-employees-expose-social-media-platforms-alleged-ties-china.htm
Realme GT Neo6 SE announced with SD 7+ Gen 3 and 100W charging : Realme's latest midrange offering is set to go on open sale from April 15 in China ...
gsmarena.com/realme_gt_neo6_se_announced_with_sd_7_gen_3_and_100w_charging_-news-62392.php
Redmi Turbo 3 Launches In China With Snapdragon 8s Gen 3, Air Gestures, HyperOS, And More
gizmochina.com/2024/04/10/redmi-turbo-3-launched-in-china/
China requires short web dramas to file first, then stream: China’s National Radio and Television Administration has required short web dramas must submit to ...
technode.com/2024/04/12/china-requires-short-web-dramas-to-file-first-then-stream/
Data don’t show China cutting export prices overall: China’s exports fell in March by 7.5% year-on-year, although the fall was mainly due to base effect: Chinese ...
asiatimes.com/2024/04/data-dont-show-china-cutting-export-prices-overall/
CNY USD: China Sticks to Yuan Support After Dollar Surges on Inflation Data: China signaled continued support for its currency as broad strength in the dollar ...
bloomberg.com/news/articles/2024-04-11/china-sticks-to-yuan-support-after-dollar-s-post-cpi-surge
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Why Gen Z yearns for Chinese-manufactured glycine: Donghua Jinlong, a Chinese company that manufactures glycine, is becoming a meme among Gen Z on TikTok for no ...
businessinsider.com/donghua-jinlong-glycine-meme-tiktok-2024-4
Boy and the Heron Earns Absolutely Ridiculous Box Office Haul in China: Chinese audiences have flocked to see The Boy and the Heron with an opening weekend that ...
screenrant.com/boy-heron-box-office-china-ridiculous-ghibli-miyazaki/
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