Ethan Zhao
Senior Reporter
The Latest
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China's Corporate Elite Face Vanishing Act Amid Regulatory Crackdown
In China, the unexplained absence of top business figures has become a narrative as predictable as it is disturbing. Chеn Shaojiе, CEO of the live-streaming platform DouYu, has joined the ranks of the missing, with state media Cover News reporting his disappearance nearly three weeks ago. Amid the murkiness, DouYu maintains that operations continue as usual, promising to keep stakeholders informed. 
In China, the unexplained absence of top business figures has become a narrative as predictable as it is disturbing. Chеn Shaojiе, CEO of the live-streaming platform DouYu, has joined the ranks of the missing, with state media Cover News reporting his disappearance nearly three weeks ago. Amid the murkiness, DouYu maintains that operations continue as usual, promising to keep stakeholders informed. -
Kishida's Cabinet Hits Historic Low Approval
Japanese Prime Minister Fumio Kishida's sweeping cabinet reform in September, aimed at rescuing his plummeting approval ratings, has not halted the further decline in support for his cabinet. 
Japanese Prime Minister Fumio Kishida's sweeping cabinet reform in September, aimed at rescuing his plummeting approval ratings, has not halted the further decline in support for his cabinet. -
China Bids Emotional Farewell to Former Premier Li Keqiang Amid Tightened Security
In a rare show of public sentiment, countless mourners converged in Beijing and central China to honor the life and legacy of China's former Premier Li Keqiang, who passed away suddenly last week from a heart attack at 68. Not just a reflection of the love and respect he earned from his countrymen, the gatherings also hinted at the undercurrents of dissatisfaction with the nation's existing governance. 
In a rare show of public sentiment, countless mourners converged in Beijing and central China to honor the life and legacy of China's former Premier Li Keqiang, who passed away suddenly last week from a heart attack at 68. Not just a reflection of the love and respect he earned from his countrymen, the gatherings also hinted at the undercurrents of dissatisfaction with the nation's existing governance. -
SHEIN's Global Shopping Spree Continues with Acquisition of UK's Missguided
SHEIN announced its acquisition of the fast-fashion brand Missguided and all its intellectual property rights from the UK's Frasers Group. The financial details of the acquisition were not disclosed. 
SHEIN announced its acquisition of the fast-fashion brand Missguided and all its intellectual property rights from the UK's Frasers Group. The financial details of the acquisition were not disclosed. -
Li Keqiang, Former Chinese Premier and China's Economic Torchbearer, Dies Unexpectedly at 68
China's political sphere was shaken with the sudden demise of its former Premier Li Keqiang. The state broadcaster, CCTV, confirmed on Friday that Li succumbed to a heart attack during his rest in Shanghai, a day earlier. His death occurred shortly after midnight on October 27. 
China's political sphere was shaken with the sudden demise of its former Premier Li Keqiang. The state broadcaster, CCTV, confirmed on Friday that Li succumbed to a heart attack during his rest in Shanghai, a day earlier. His death occurred shortly after midnight on October 27. -
Microsoft Leads in AI Race as Google Slows Down
Since the AI boom this year, quarterly financial reports have been viewed as a "quarterly update" on the tech giants' preparations in the AI arena. This past Tuesday, Google and Microsoft's "report cards" were the exact opposite of the previous quarter: where Google led last time, Microsoft now takes the lead. 
Since the AI boom this year, quarterly financial reports have been viewed as a "quarterly update" on the tech giants' preparations in the AI arena. This past Tuesday, Google and Microsoft's "report cards" were the exact opposite of the previous quarter: where Google led last time, Microsoft now takes the lead. -
Temu's Rapid Ascent: Overtaking Shein in U.S. Market with Aggressive Expansion and Pricing
In just a year, Pinduoduo's cross-border e-commerce business, Temu, has gone from being virtually unknown at its launch to overtaking Shein, which has been in operation for over a decade. 
In just a year, Pinduoduo's cross-border e-commerce business, Temu, has gone from being virtually unknown at its launch to overtaking Shein, which has been in operation for over a decade. -
Foxconn's Industrial Fortune Union Faces Scrutiny: Market Value Drops by $7.5 Billion Amid Tax Concerns
Following a sharp decline in stock price on October 23, the stock continued to fall by 5.43% on October 24, closing at 13.76 yuan/share. Over the past two trading days, the company's market value has evaporated by approximately 48 billion yuan. On October 25, the stock opened slightly higher but continued its downward trend. 
Following a sharp decline in stock price on October 23, the stock continued to fall by 5.43% on October 24, closing at 13.76 yuan/share. Over the past two trading days, the company's market value has evaporated by approximately 48 billion yuan. On October 25, the stock opened slightly higher but continued its downward trend. -
Foxconn Investigations and GroupM Raids: Navigating China's Murky Business Waters
In a rapidly evolving Chinese regulatory landscape, foreign firms, from tech behemoths to advertising agencies, are treading cautiously amidst increased scrutiny and probes. 
In a rapidly evolving Chinese regulatory landscape, foreign firms, from tech behemoths to advertising agencies, are treading cautiously amidst increased scrutiny and probes. -
Foxconn Faces Tax and Land Use Inspections Amidst Founder's Political Ambitions
Foxconn, the Taiwan-based tech behemoth known for manufacturing Apple products, including iPhones, has come under the scrutiny of Chinese mainland tax authorities. The company is currently undergoing tax inspections in several provinces, including Guangdong and Jiangsu. Additionally, the natural resources department is investigating the land use of key Foxconn enterprises in Henan and Hubei provinces. 
Foxconn, the Taiwan-based tech behemoth known for manufacturing Apple products, including iPhones, has come under the scrutiny of Chinese mainland tax authorities. The company is currently undergoing tax inspections in several provinces, including Guangdong and Jiangsu. Additionally, the natural resources department is investigating the land use of key Foxconn enterprises in Henan and Hubei provinces.
