Chinese Crowdfunding, Insurance Site Waterdrop Raises $230 Million, Plans U.S. IPO

Chinese online insurance technology platform Waterdrop Inc. has raised $230 million in a new funding round led by reinsurer Swiss Re and Chinese internet...

Trump’s ban of Chinese apps has lots of precedent in other...

President Donald Trump issued an executive order on Thursday ordering U.S. firms to stop doing business with TikTok and WeChat.

China’s Rich List is Out, No Prizes for Guessing Who’s Still...

The Hurun China Rich List 2019 was released today, October 10, and reveals just how deep the pockets of China’s elite run.
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The People’s Republic of The Future

When it comes to technology, Shenzhen may well be the most fascinating city in the world. It makes the majority of our electronics. It clones the best technology Silicon Valley has to offer with ease.

Crazy cheap cappuccinos: China’s Luckin Coffee chain goes public

Luckin Coffee stores have mushroomed across Chinese cities but it's bleeding cash. Can technology save its finances?

China’s Entrepreneurs Are Wary of Its Future

Chen Tianyong, a Chinese real estate developer in Shanghai, boarded a flight to Malta last month with no plans to return anytime soon. After landing,...

WeChat Blocks Douyin Registration as Social Media App Spat Escalates

Chinese netizens are unable to register to popular short-video app Douyin using WeChat, marking the latest twist in a bitter battle between Douyin parent company Bytedance and WeChat owner Tencent.

China created a unicorn every 3.8 days in 2018

China fostered 97 unicorns – start-ups valued at least US$1 billion – last year, despite an economic slowdown and a prolonged trade war with...

TikTok is giving China a video chat alternative to Wechat

ByteDance,  the world’s most-valued startup, just launched a new social media product under its Douyin brand in what many people see as a serious attempt to challenge...

China is not the economic superpower people think. That’s why it’s...

The relationship between the United States and China has deteriorated with startling speed. An uneasy truce holds while the two governments try to negotiate...