China

China Still Buys American DNA Equipment for Xinjiang Despite Blocks

The police in the Chinese region of Xinjiang are still buying hundreds of thousands of dollars’ worth of American DNA equipment despite warnings from the U.S. government that the sale of such technologies could be used to enable human rights abuses in the region. The U.S. government has tried to prevent the sale of DNA …

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Didi Chuxing, a ride-hailing behemoth in China, reveals I.P.O. papers.

Didi Chuxing, the Chinese ride-hailing company, made its initial public offering filing public on Thursday, as ride-hailing services begin reviving with the receding of the pandemic. Founded in Beijing in 2012, Didi began as a taxi-hailing service before expanding into other forms of transportation. In 2015, it merged with another Chinese rival, Kuaidi Dache, to …

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Biden Revokes and Replaces Trump Order That Banned TikTok

TikTok’s woes subsided with Mr. Trump’s election defeat. Though the company is still under scrutiny with the Biden administration’s new executive order, analysts say the dramatic ups and downs for the company will significantly dwindle. Updated  June 14, 2021, 4:57 p.m. ET James Lewis, a senior vice president of the Center for Strategic and International …

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How China’s Tencent Avoided an Antitrust Push, For Now.

That’s glossing over the huge power imbalance between Tencent and the many satellite companies in its orbit. Colin Huang, founder of Pinduoduo, hinted at that in a 2018 interview, in which he groused that WeChat declined to help censor accusations about fake merchandise on his shopping platform. “Tencent won’t die when Pinduoduo dies,” he said, …

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Senate Poised to Pass $195 Billion Bill to Bolster Competitiveness With China

WASHINGTON — The Senate on Thursday was on the brink of passing expansive legislation to ramp up research and development into scientific innovation, advancing what would be the government’s first significant foray into industrial policy in decades in a bid to bolster competitiveness against China. Powered by rising fears among members of both parties that …

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He Promised a Dreamy Wedding Proposal. Fans Got a 5-Hour Sale.

Mr. Yin sold millions through a feature on Kuaishou that allows viewers to buy products touted by influencers on the online retailer JD.com without leaving the video app. It was unclear whether he had any ties to the manufacturers of the products he hawked, or whether brand collaborations and paid promotion have to be disclosed …

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TikTok’s Owner, ByteDance, Says C.E.O. Zhang Yiming Will Resign

The increased regulatory pressures are leading some internet executives to try to avoid drawing additional attention to themselves — none more so than Jack Ma, Alibaba’s billionaire co-founder and one of China’s most celebrated entrepreneurs. Mr. Ma stepped down as Alibaba’s chief executive in 2013 — also, according to the company, to focus on grand …

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Senate Weighs Investing $120 Billion in Science to Counter China

WASHINGTON — An expansive bill that would pour $120 billion into jump-starting scientific innovation by strengthening research into cutting-edge technologies is barreling through the Senate, amid a rising sense of urgency in Congress to bolster the United States’ ability to compete with China. At the heart of the sprawling legislation, known as the Endless Frontier …

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