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Most of what we've heard about the yuan dethroning the dollar is from the West. Here's what China's actually said about it.
China wants the yuan to play a more prominent global role but doesn't necessarily want it to be the…
Huileng Tan
Most of what we've heard about the yuan dethroning the dollar is from the West. Here's what China's actually said about it.
China wants the yuan to play a more prominent global role but doesn't necessarily want it to be the…
Huileng Tan
Tencent eyes silver generation with investment in video app for dancing grannies
In public squares across China, groups of middle-aged women and seniors regularly gather at dusk an…
China says 2 military employees sold 60 pounds of secret documents to a recycling plant, allowing a shopper to bag 4 volumes for under $1
Two personnel tasked with disposing the 200 documents instead sold them all to a recycling plant fo…
Matthew Loh
A woman was yelled at by her tour guide when she fell asleep on the bus, sparking discussion about respectful tourist behavior
A guide in China's Yunnan province caused a heated online debate about tourist etiquette when she y…
Sebastian Cahill,Matthew Loh
A Chinese EV billionaire's wealth has plummeted 75% to $1.4 billion as aggressive price wars push customers to higher-tier cars — like Tesla or BYD
He Xiaopeng, the CEO of Xpeng, owns 20.5% of the company's Class A shares. The stock price has drop…
Huileng Tan
One of China's biggest retailers is cutting executive pay to create a fund to help lower-level employees buy homes
The move follows Chinese government's push to close the country's income wealth gap through its "co…
Aaron Mok
A woman said she found a $56,000 secret stash of valuables while cleaning her new apartment, but wants to return them to their rightful owner
Jiang Jingping, based in Ningbo, China, went viral after saying she wants to return the items to th…
Matthew Loh,Andrew Lloyd
Chinese moviegoers spent Lunar New Year watching a propaganda film about the defeat of the US Army that has grossed over $200 million so far
The sequel to "The Battle at Lake Changjin" is also about the defeat of US troops in a battle durin…
Huileng Tan
China is doing everything it can to conceal the true extent of its economic turmoil
Chinese President Xi Jinping and the Chinese government have a brilliant plan to deal with the coun…
Linette Lopez
China's super-rich like Alibaba's Jack Ma have seen billions of dollars wiped from their fortunes as the economy slumps
Alibaba founder Jack Ma's wealth plunged by 29% to $25.7 billion on Hurun's list, which saw its big…
Zahra Tayeb
Bottled water billionaire Zhong Shanshan has topped a China rich list, overtaking the country's tech and real estate tycoons
Nongfu Spring's founder and chairman Zhong Shanshan has topped the Hurun China Rich List for the fi…
Huileng Tan
Watch billionaire investor Ray Dalio defend China's move to disappear citizens from the public eye by likening it to being 'a strict parent'
CNBC's Andrew Ross Sorkin asked Ray Dalio how he reconciled allegations of human-rights abuses agai…
Isabelle Lee
The Jeff Bezos of China said he'll donate $2.3 billion to charity. He's the latest tech mogul pledging away billions in China's tech donation rush.
Richard Liu's planned donation comes after similar promises from other prominent Chinese tech found…
Weilun Soon
Alibaba jumps as cloud business reports first-ever quarterly profit
Alibaba reported a $3 million profit from its cloud business for the December quarter on record-bre…
Will Daniel
A restaurant in San Francisco's Chinatown is paying staff $1.6 million over claims that it stole their tips and failed to pay wages
Z & Y stole tips and paid some staff below minimum wage, California's labor commissioner said. The …
Grace Dean
Alibaba beats as its user base sees big growth
The Chinese e-commerce giant said revenue spiked 51% versus a year ago to 93.5 billion Chinese yuan…
Jonathan Garber
Jack Ma is no longer China's richest person after his confrontation with the state's financial regulators
He lost the top spot "after China's regulators reined in Ant Group and Alibaba on anti-trust issues…
Shalini Nagarajan
The suspicious disappearance and return of Peng Shuai is straight out of China's playbook for forcing rogue celebrities into submission
On Nov. 2, Peng accused a former Chinese official of sexual assault. She's not been heard from sinc…
Bill Bostock
China’s gene-editing Frankenstein jailed for three years in modified baby case
Chinese scientist He Jiankui, who created the world’s first “gene-edited” babies, has been senten…