Ethan Zhao
Senior Reporter
The Latest
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Youth Reading Habits in the UK Shaped by YouTube and TikTok
This week, the spotlight is on YouTube as Gen Z's primary book information channel, Hollywood screenwriters struggling financially after nearly 100 days of strike, and Google's global music preparations for AI song licensing. 
This week, the spotlight is on YouTube as Gen Z's primary book information channel, Hollywood screenwriters struggling financially after nearly 100 days of strike, and Google's global music preparations for AI song licensing. -
Japanese Beauty Brands Turn to E-Commerce for China Growth
Japanese beauty titans are finally giving e-commerce the attention it deserves. 
Japanese beauty titans are finally giving e-commerce the attention it deserves. -
Europe's Chip Boom: A Dance in the Semiconductor Ballroom
In 2023, the semiconductor world is buzzing. While Nvidia takes the spotlight as the premier reveler, European chip manufacturers are a close second. Fueled primarily by automotive chips and SiC, Europe's chipmakers are experiencing a financial windfall. Having tasted success, they now set their sights on even grander futures, positioning themselves across broader arenas. 
In 2023, the semiconductor world is buzzing. While Nvidia takes the spotlight as the premier reveler, European chip manufacturers are a close second. Fueled primarily by automotive chips and SiC, Europe's chipmakers are experiencing a financial windfall. Having tasted success, they now set their sights on even grander futures, positioning themselves across broader arenas. -
Evergrande Faces Massive Losses Amid Ongoing Liquidity Crisis
Late on August 10th, Evergrande Group Ltd. (referred to as "Evergrande" hereafter) issued several reports, including the 2022 bond annual and semi-annual reports, the 2021 bond annual report, as well as their annual audit reports for 2022 and 2021, and the semi-annual financial report for 2022. 
Late on August 10th, Evergrande Group Ltd. (referred to as "Evergrande" hereafter) issued several reports, including the 2022 bond annual and semi-annual reports, the 2021 bond annual report, as well as their annual audit reports for 2022 and 2021, and the semi-annual financial report for 2022. -
Chinese Classifieds Website 58.com's Reputation at Risk: Can Investigation of Resume Sales Salvage Its Credibility?
On August 10, in response to allegations that its subsidiary, Xinhua Yingcai, had been selling resumes, 58.com asserted that they were taking the matter seriously. They promptly established a special investigation team to examine the accusations, emphasizing their intolerance for such behavior. 
On August 10, in response to allegations that its subsidiary, Xinhua Yingcai, had been selling resumes, 58.com asserted that they were taking the matter seriously. They promptly established a special investigation team to examine the accusations, emphasizing their intolerance for such behavior. -
Country Garden Faces Major Losses, Unveils Four Rescue Measures
Late Thursday evening, on August 10, Country Garden issued a profit warning on the Hong Kong Stock Exchange. 
Late Thursday evening, on August 10, Country Garden issued a profit warning on the Hong Kong Stock Exchange. -
Unmasking Medical Corruption in China: How Deep Does it Run?
However, the pressing concern remains: while many describe the Chinese medical sector as "deeply corrupt," there's little clarity on the extent or nature of this corruption. How can a problem be addressed if its depth and nuances are not fully understood? 
However, the pressing concern remains: while many describe the Chinese medical sector as "deeply corrupt," there's little clarity on the extent or nature of this corruption. How can a problem be addressed if its depth and nuances are not fully understood? -
Yuan Depreciation Intensifies Amid Internal and External Tensions
Since the beginning of August, the yuan's exchange rate against the U.S. dollar has declined again, with the offshore yuan experiencing a larger drop. Analysts suggest this reflects the tension between external pressures on the yuan and China's internal economic recovery. As domestic recovery persists, bearish sentiment on the yuan is expected to wane. 
Since the beginning of August, the yuan's exchange rate against the U.S. dollar has declined again, with the offshore yuan experiencing a larger drop. Analysts suggest this reflects the tension between external pressures on the yuan and China's internal economic recovery. As domestic recovery persists, bearish sentiment on the yuan is expected to wane. -
$5 Billion in Orders: China's Tech Giants Race to Secure NVIDIA Chips, Backlog Extends into Next Year
As AI competition heats up, NVIDIA, the go-to "arms dealer" for AI chips, sees an increased demand, with recent reports corroborating this frenzy. 
As AI competition heats up, NVIDIA, the go-to "arms dealer" for AI chips, sees an increased demand, with recent reports corroborating this frenzy. -
Jack Ma Enters Musk's Arena: A Dive into Renewable Energy
Having revolutionized the way the Chinese shop and live by creating Alibaba, Jack Ma has earned his stripes as a significant entrepreneur and business leader. Since his official retirement in 2019, he's kept a relatively low profile. 
Having revolutionized the way the Chinese shop and live by creating Alibaba, Jack Ma has earned his stripes as a significant entrepreneur and business leader. Since his official retirement in 2019, he's kept a relatively low profile.
