China’s Dailan Wanda Group is reportedly selling its payments business to boost liquidity. The multinational conglomerate has held discussions about the sale with prospective buyers...
Consumer spending in China may be slow to climb back to where it was before COVID. Although the country lifted its pandemic-era restrictions in December,...
Consumer spending in China is slowly but surely recovering from COVID. “We’re seeing the incremental rebound from the Chinese consumer,” KraneShares Chief Investment Officer Brendan Ahern told CNBC in...
TikTok is reportedly giving Oracle access to its technology to ease national security concerns. According to a report Monday (May 22) by Bloomberg News, the...
China has reportedly heightened scrutiny of “deepfake” tech amid a rise in artificial intelligence (AI)-driven fraud. Worries about the potential for AI to assist in...
MODIFI and Airwallex have partnered to facilitate cross-border payments and financing for Chinese exporters. This collaboration brings together MODIFI’s global commerce platform for business payments and Airwallex’s global...
While many brands and retailers continue to make big bets on China, Jessica Alba’s consumer packaged goods (CPG) company The Honest Company is exiting the...
LinkedIn will shut down its Chinese jobs app and cut 716 positions amid slowing growth. The changes, announced in a letter to employees Monday (May...
While American companies lead the artificial intelligence (AI) development charge, U.S. policymakers risk falling behind. The dangers inherent to the abuses of AI technology, including...