TikTok CEO Shou Zi Chew testified before the House Committee on Energy and Commerce for about five hours on Thursday (March 23). Throughout the hearing,...
China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. On Monday (March 20), the eCommerce firm released quarterly and full-year earnings showing its...
TikTok, owned by Beijing-based ByteDance, is coming under global fire as long-simmering fears bubble over. The U.K. banned TikTok from government phones Thursday (March 16),...
State-sponsored hackers from China are launching increasingly sophisticated cyberattacks. With these attacks targeting both government and business systems, they can evade common defenses, enter networks,...
Apple’s chief iPhone supplier will increase investments outside of China as consumer electronic demand weakens. Foxconn, the world’s largest contract electronics manufacturer, released earnings Wednesday (Mar. 15)...
China’s consumer spending hasn’t seen the surge many expected after the lifting of COVID-19 restrictions. In recent comments, the CEOs of eCommerce firms JD.com and...
When it comes to the biggest economic threats, Jamie Dimon is looking beyond U.S. borders. “The thing I worry the most about is Ukraine,” the...
American companies in several industries are banking on increased post-pandemic consumer demand from China. A report Sunday (Feb. 26) by The Wall Street Journal (WSJ)...