Ethan Zhao
Senior Reporter
The Latest
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Alibaba Shares Surge as Chinese Regulators End 3-Year Antitrust Oversight
Alibaba Group Holdings Ltd. (BABA) saw its stock rise by more than 3% on Friday, following the completion of a significant regulatory overhaul imposed by China's State Administration for Market Regulation (SAMR). This development marks a turning point for the e-commerce giant, which has faced intense scrutiny and substantial fines over the past few years. 
Alibaba Group Holdings Ltd. (BABA) saw its stock rise by more than 3% on Friday, following the completion of a significant regulatory overhaul imposed by China's State Administration for Market Regulation (SAMR). This development marks a turning point for the e-commerce giant, which has faced intense scrutiny and substantial fines over the past few years. -
China Blasts US Missile Deployment in Philippines as Threat to Regional Stability Amid South China Sea Crisis
China has condemned the recent deployment of U.S. missiles to the Philippines, asserting that such moves threaten regional stability. The criticism comes amid a separate but related maritime dispute in the South China Sea, where the Philippines faces mounting pressure from Beijing over contested waters. 
China has condemned the recent deployment of U.S. missiles to the Philippines, asserting that such moves threaten regional stability. The criticism comes amid a separate but related maritime dispute in the South China Sea, where the Philippines faces mounting pressure from Beijing over contested waters. -
Hong Kong Convicts Stand News Editors of Sedition in Historic Press Freedom Case
A Hong Kong court has convicted two former editors of the defunct Stand News media outlet of sedition, marking a historic moment for press freedom in the city. Chung Pui-kuen, former editor-in-chief, and Patrick Lam, former acting editor-in-chief, were found guilty of conspiring to publish seditious content, a charge that has not been seen in Hong Kong's judiciary system since the city's handover from British to Chinese rule in 1997. 
A Hong Kong court has convicted two former editors of the defunct Stand News media outlet of sedition, marking a historic moment for press freedom in the city. Chung Pui-kuen, former editor-in-chief, and Patrick Lam, former acting editor-in-chief, were found guilty of conspiring to publish seditious content, a charge that has not been seen in Hong Kong's judiciary system since the city's handover from British to Chinese rule in 1997. -
U.S. Struggles to Initiate Nuclear Arms Control Dialogue with China Amid Rising Threats
The Biden administration is intensifying efforts to engage China in nuclear arms discussions, though progress remains tentative. This push comes as the United States grapples with China's rapid expansion of its nuclear arsenal, a development that has shifted Washington's strategic focus and sparked a new phase of diplomatic maneuvering. 
The Biden administration is intensifying efforts to engage China in nuclear arms discussions, though progress remains tentative. This push comes as the United States grapples with China's rapid expansion of its nuclear arsenal, a development that has shifted Washington's strategic focus and sparked a new phase of diplomatic maneuvering. -
U.S. Government Funding Spurs Over 1,000 Patents for China-Based Researchers, Sparking National Security Concerns
New data reveals that U.S. government funding has contributed to over 1,000 patents awarded to researchers based in China since 2010. The patents, which cover a range of sensitive fields including biotechnology and semiconductors, have heightened scrutiny of the U.S.-China Science and Technology Agreement, a landmark pact initially established to foster collaboration between the two nations. 
New data reveals that U.S. government funding has contributed to over 1,000 patents awarded to researchers based in China since 2010. The patents, which cover a range of sensitive fields including biotechnology and semiconductors, have heightened scrutiny of the U.S.-China Science and Technology Agreement, a landmark pact initially established to foster collaboration between the two nations. -
U.S. Considers Escorting Philippine Ships Amid South China Sea Tensions
The United States has indicated a willingness to consider escorting Philippine ships in the contested South China Sea, according to Admiral Samuel Paparo, the head of U.S. Indo-Pacific Command. This potential move reflects the increasing tensions between Beijing and Manila, underscoring the volatile dynamics in the disputed waters. 
The United States has indicated a willingness to consider escorting Philippine ships in the contested South China Sea, according to Admiral Samuel Paparo, the head of U.S. Indo-Pacific Command. This potential move reflects the increasing tensions between Beijing and Manila, underscoring the volatile dynamics in the disputed waters. -
PDD Holdings' $55 Billion Market Crash Reveals Strains in China's E-Commerce Sector
Shares of PDD Holdings Inc., the parent company of the popular online retailer Temu, plummeted nearly 29% on Monday, marking the company's most significant one-day decline since its Nasdaq debut. The stock crash wiped out approximately $55 billion of market value, igniting concerns about the broader health of China's economy and its impact on the e-commerce sector. 
Shares of PDD Holdings Inc., the parent company of the popular online retailer Temu, plummeted nearly 29% on Monday, marking the company's most significant one-day decline since its Nasdaq debut. The stock crash wiped out approximately $55 billion of market value, igniting concerns about the broader health of China's economy and its impact on the e-commerce sector. -
Japan Scrambles Jets as Chinese Reconnaissance Plane Breaches Airspace Over Danjo Islands
A Chinese military reconnaissance aircraft breached Japanese airspace on Monday, marking the first such incident in recent history. The Chinese Y-9 electronic intelligence plane entered Japanese airspace over the Danjo Islands in the East China Sea, located to the west of Kyushu, Japan's southern island. 
A Chinese military reconnaissance aircraft breached Japanese airspace on Monday, marking the first such incident in recent history. The Chinese Y-9 electronic intelligence plane entered Japanese airspace over the Danjo Islands in the East China Sea, located to the west of Kyushu, Japan's southern island. -
IBM Shuts Down China R&D Team Amid Rising Geopolitical Tensions, Relocates Jobs to India
International Business Machines Corp. (IBM) has announced the closure of its hardware research and development (R&D) team in China, a move affecting fewer than 1,000 employees. This decision is the latest in a series of strategic withdrawals by U.S. tech companies from China, driven by escalating geopolitical tensions, increased local competition, and a shifting economic landscape. 
International Business Machines Corp. (IBM) has announced the closure of its hardware research and development (R&D) team in China, a move affecting fewer than 1,000 employees. This decision is the latest in a series of strategic withdrawals by U.S. tech companies from China, driven by escalating geopolitical tensions, increased local competition, and a shifting economic landscape. -
Canada Slaps 100% Tariff on Chinese Electric Vehicles Amid Growing Trade Tensions
Canadian Prime Minister Justin Trudeau announced on Monday that Canada will impose a 100% tariff on Chinese-made electric vehicles (EVs). The move, aimed at protecting Canada's burgeoning EV industry, brings the country in line with similar actions being taken by the United States and the European Union against what they describe as unfairly state-subsidized Chinese imports. 
Canadian Prime Minister Justin Trudeau announced on Monday that Canada will impose a 100% tariff on Chinese-made electric vehicles (EVs). The move, aimed at protecting Canada's burgeoning EV industry, brings the country in line with similar actions being taken by the United States and the European Union against what they describe as unfairly state-subsidized Chinese imports.
