Ethan Zhao
Senior Reporter
The Latest
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Former ByteDance Executive Alleges China Breached Privacy of Hong Kong Activists' TikTok Data
Claims have emerged suggesting that China might have infiltrated the TikTok profiles of Hong Kong activists, accessing personal information, as per allegations in a lawsuit filed by a former ByteDance executive. ByteDance, TikTok's parent company, categorically denies these assertions. Claims have emerged suggesting that China might have infiltrated the TikTok profiles of Hong Kong activists, accessing personal information, as per allegations in a lawsuit filed by a former ByteDance executive. ByteDance, TikTok's parent company, categorically denies these assertions. -
Regulatory Directive Lowers Dollar Deposit Rates in Chinese State Banks: A Strategic Move to Bolster the Yuan
In a move that appears aimed at reinforcing China's currency, the yuan, an autonomous regulatory entity supervised by the People's Bank of China (PBOC) has instructed key state-owned banks to diminish interest rates on dollar deposits, according to insiders with first-hand knowledge of the matter. In a move that appears aimed at reinforcing China's currency, the yuan, an autonomous regulatory entity supervised by the People's Bank of China (PBOC) has instructed key state-owned banks to diminish interest rates on dollar deposits, according to insiders with first-hand knowledge of the matter. -
Apple's Vision Pro AR Headset Shakes Up Market With High-end Price Tag
Apple Inc (AAPL.O) broke into the virtual reality landscape on Monday, introducing the Vision Pro, an augmented reality headset that marks the company's most daring venture since the debut of the iPhone. Apple Inc (AAPL.O) broke into the virtual reality landscape on Monday, introducing the Vision Pro, an augmented reality headset that marks the company's most daring venture since the debut of the iPhone. -
Apple WWDC Preview: Performance Unremarkable, Price Unattractive, Can the Larger Screen MacBook Air Succeed?
At this year's WWDC, mixed reality headsets will undoubtedly be the focus of the Apple Developer Conference, but another hardware product has also aroused attention, which is the long-rumored 15-inch laptop MacBook Air. At this year's WWDC, mixed reality headsets will undoubtedly be the focus of the Apple Developer Conference, but another hardware product has also aroused attention, which is the long-rumored 15-inch laptop MacBook Air. -
Navigating Global Turbulence: Chinese Tech Entrepreneurs Eye Global Reorientation Amid Escalating US Tensions
As the U.S.-China trade rift continues to deepen, Chinese tech entrepreneurs are finding it increasingly challenging to expand into the United States, traditionally seen as a major goal for such ventures. As the U.S.-China trade rift continues to deepen, Chinese tech entrepreneurs are finding it increasingly challenging to expand into the United States, traditionally seen as a major goal for such ventures. -
Tesla Stock Climbs as CEO Elon Musk Engages in Constructive Dialogue with Chinese Foreign Minister
Tesla's shares rose by 5% on Tuesday, following a significant meeting between CEO Elon Musk and Qin Gang, China's Foreign Minister. This jump arrives amidst Beijing's initiative to demonstrate its openness to foreign businesses and Musk's indications of possible expansion plans for Tesla in China. Tesla's shares rose by 5% on Tuesday, following a significant meeting between CEO Elon Musk and Qin Gang, China's Foreign Minister. This jump arrives amidst Beijing's initiative to demonstrate its openness to foreign businesses and Musk's indications of possible expansion plans for Tesla in China. -
Xie Feng, China's New Envoy to U.S. Arrives Amid Tense Bilateral Landscape
China's newly appointed ambassador to the United States, Xie Feng, landed on U.S. soil on Tuesday, acknowledging the arduous road ahead in fostering improved Sino-U.S. relations amidst a minefield of diplomatic challenges. China's newly appointed ambassador to the United States, Xie Feng, landed on U.S. soil on Tuesday, acknowledging the arduous road ahead in fostering improved Sino-U.S. relations amidst a minefield of diplomatic challenges. -
Global Semiconductor Industry Faces Uncertainty Amidst Sino-U.S. Trade Tensions
In the wake of China's recent prohibition on the use of chips manufactured by U.S.-based Micron Technology in some sectors, the global semiconductor industry is now confronting the potential hazards resulting from escalating Sino-U.S. trade tensions. In the wake of China's recent prohibition on the use of chips manufactured by U.S.-based Micron Technology in some sectors, the global semiconductor industry is now confronting the potential hazards resulting from escalating Sino-U.S. trade tensions. -
Mintz Group Personnel Depart Hong Kong Amid Chinese Investigation: Lingering Uncertainties Spark Concern
In the wake of Chinese authorities raiding U.S. consultancy Mintz Group's Beijing office in March, multiple employees of the firm have departed Hong Kong, according to informed sources. Amid tightening anti-espionage legislation and intensified scrutiny of foreign businesses in China, the events have provoked unease in the corporate sector. In the wake of Chinese authorities raiding U.S. consultancy Mintz Group's Beijing office in March, multiple employees of the firm have departed Hong Kong, according to informed sources. Amid tightening anti-espionage legislation and intensified scrutiny of foreign businesses in China, the events have provoked unease in the corporate sector. -
China Markets Overview: Shanghai Index Falls 0.42% Amid Lower Volumes, Chip Sector Soars, While AI Stocks Retreat Collectively
Shanghai Stock Index fell by 0.42% on Friday, May 19, amid low trading volumes. The chip sector saw robust performance throughout the day while AI-related stocks collectively retreated. Shanghai Stock Index fell by 0.42% on Friday, May 19, amid low trading volumes. The chip sector saw robust performance throughout the day while AI-related stocks collectively retreated.