The Latest Breaking News on China tech

Beijing-backed Chinese language schools in UK to be replaced with teachers from Taiwan

MPs in talks with Taiwan to help phase out Confucius Institutes as relations between the countries worsen

The Guardian - UK · Sep 18, 2022

China grants gaming license to NetEase, 1st since crackdown

China has granted a game license to its second largest gaming firm, NetEase, the first in over a year in a possible sign Beijing may be easing a crackdown on the industry

The Independent UK · Sep 14, 2022

Alibaba, Baidu Slide Over 3% As Wall Street Horror Spreads To Hong Kong Stocks: Report Sparks Fears Of US-China Tensions Over Taiwan

Hong Kong shares plunged on Wednesday, taking cues from a heavy sell-off on Wall Street triggered by higher-than-expected U.S. inflation for August. Shares of Alibaba, Baidu, and JD.com fell over 3%, with the benchmark Hang Seng Index losing over 2.3%.

Benzinga · Sep 14, 2022

Livestream Gamer DouYu Edges Ahead in Cost-cutting Battle

Key Takeaways: DouYu’s revenues fell by around 22% in the second quarter, but the company broke a six-season losing streak with an adjusted net profit of 23.50 million yuan Huya’s revenue tumbled 23% in the same period, and it barely eked out an adjusted net profit after slashing costs  By…

Benzinga · Aug 24, 2022

Miniso Gets Dressing Down in Online Brouhaha

Key Takeaways: Miniso’s shares are down 17% since it was accused of mislabeling a Chinese-clothed doll as Japanese, and more broadly of trying to hide its Chinese roots The attack represents a relatively unique risk faced by both foreign and domestic companies doing business in China   By Doug Young

Benzinga · Aug 24, 2022

Bride orders Shein budget £45 wedding dress and is stunned when she puts it on

The bride-to-be was astonished when she saw her wedding pictures

Manchester Evening News · Aug 23, 2022

Chinese firm Miniso apologises for Japanese branding after outcry

Consumers complained the homeware and electronics company was not supporting its national roots

The Guardian - UK · Aug 22, 2022

China’s gamers hit pause button amid few releases, tough economy

Video game revenues decline for first time on record amid Beijing’s regulatory crackdown and strict pandemic curbs.

Al Jazeera · Aug 9, 2022

Shein shopper 'crying laughing' over vintage nightgown that looks like an oversized shirt

The online fast-fashion giant has become notorious for a few fashion blunders

Daily Record · Aug 2, 2022

Chris Xu: Who is Shein’s mysterious billionaire founder?

Very little is known about China’s king of fast fashion who has rapidly become one its richest men

The Guardian - UK · Jul 30, 2022