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WANG YIMING
Top 10 richest people in China as per Forbes & a bad news for TikTok ownerZhong Shanshan remains China's wealthiest individual for the fourth consecutive year despite a significant decrease in his net worth. China...- TikTok emerges as threat to Amazon with $20 billion shopping pilotFor the company, best known for viral dance challenges and owned by China’s ByteDance Ltd., TikTok Shop is its fastest-growing feature with...
- China central banker calls for strengthening property sector policiesChina has in recent weeks ramped up support for the industry to relieve a liquidity squeeze that has stifled companies in the sector, inclu...
- China plans $75 billion infrastructure fund to revive economy: SourcesChina has unveiled a raft of economic support measures in recent weeks, although analysts say the official gross domestic product target of...
- China’s tech moguls see $80 billion of wealth evaporate in 2021The country’s 10 richest tech tycoons lost $80 billion in combined net worth in 2021, according to the Bloomberg Billionaires Index, amid w...
- What China expects from businesses: Total SurrenderUnlike regulators in Europe and the United States, China is using the guise of antitrust to bring powerful tech companies into line with it...
- The world’s billionaire factory shudders as China cracks downBeijing’s motivations for the crackdown are varied. These include concerns about anti-competitive behaviour in the tech industry, risks to ...
- China's biggest challenge: Surviving autocratic Xi JinpingXi, or as he is now come to be portrayed Xitler, has taken every play out of Mao's secret game book and has further honed it into a fine ar...
- ByteDance founder donates $77 million amid China billionaires' charity rushThe donation will set up the "Meifang Foundation" to assist teachers with advanced education and support vocational education. The foundati...
- TikTok founder Zhang Yiming enters world's richest people-club with over $60 billion net worthDuring its last fundraising round, ByteDance reached a $180 billion valuation.
- China shares dip as strong trade data fuels tightening concernsAt the close, the Shanghai Composite index was down 0.48 per cent at 3,396.47, its third day of losses. The blue-chip CSI300 index ended do...
- War over TikTok worsens, China threatens retaliation against US 'smash and grab'An editorial, published late Monday by the China Daily newspaper, represented Beijing’s strongest defence yet of ByteDance Ltd. and its vir...
- By going after TikTok, Donald Trump is opening a new front in technology war with ChinaIndia showed the way when it banned dozens of Chinese mobile apps including TikTok and Tencent’s WeChat, while Australia and Japan are repo...
- World's most valuable startup takes a hit from China's slowdownThe company told investors to expect revenue of 50 billion ($7.4 billion) to 55 billion yuan during its most recent fundraising.
- In battle for talent, one startup founder tries 'unlimited' payThe company is best known for a mobile app called Jinri Toutiao, or Today's Headlines, which aggregates news and videos from hundreds of me...
- In battle for talent, one startup founder tries 'unlimited' payThe company is best known for a mobile app called Jinri Toutiao, or Today's Headlines, which aggregates news and videos from hundreds of me...
- The next nightmare decision for the Chinese economyAs its economy slows and its stock markets whip violently up and down, China faces a brutal choice. It can let the value of its currency, t...
- China opens $962 million border railway with KazakhstanThe rail line is expected to ease the burden of the Alataw trade pass, where the first China-Central Asia railway traverses.
- 'Chinese economy not to suffer from post-Olympic blues'With the Olympics halfway through, officials have started reassuring the world that China will not suffer from a "post-Olympic recession" d...
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