China news and trends

Chinese AI Company MiniMax Sees Share Price Double on Day of IPO

January 09, 2026
IPO
Meta’s $2 Billion Manus Deal Meets Regulatory Scrutiny in China
Regulation // January 08, 2026

Chinese regulators are investigating Meta’s $2 billion purchase of artificial intelligence startup Manus, CNBC reported Thursday (Jan. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Chinese eCommerce Sellers Say New Tax ‘Will Kill Us’
eCommerce // January 04, 2026

China’s government is reportedly seeing increased tax revenue from online vendors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Chinese AI Startup MiniMax to Seek $600 Million in Hong Kong IPO
IPO // December 30, 2025

Chinese artificial intelligence (AI) startup MiniMax reportedly aims to raise over $600 million in an initial public offering (IPO) in Hong Kong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

China UnionPay Launches Mobile App for Travelers
Travel Payments // December 24, 2025

China UnionPay has launched a mobile app designed to provide one-stop digital services for foreign visitors to China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Interviews & Exclusives
Amazon and Walmart Overhaul Supply Chains as China Tariffs Bite

April 11, 2025
When Walmart, the largest retailer in the U.S., abruptly withdrew its first-quarter operating income guidance last week, the message was unmistakable: the tariff storm is shaking the foundations of retail planning. The announcement, citing the need to maintain pricing flexibility amid newly implemented tariffs, is emblematic of the intense pressure facing multinational retailers in a […]

Trump’s Tariff Freeze: What Could Have Happened if They Stayed in Place?

April 10, 2025
Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview with QED Investors partner Amias...

DeepSeek Day Two: Focus Turns to Enterprise AI Adoption

January 28, 2025
Chinese AI startup DeepSeek’s deeply discounted foundation models could herald lower prices for businesses seeking to adopt AI — by removing one of the biggest blockers to enterprise deployment. Get...

DeepSeek Open-Source Model Could Shake Up Enterprise AI

January 27, 2025
Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples with the revelation that it...

Quick Reads
Chinese AI Company MiniMax Sees Share Price Double on Day of IPO

January 09, 2026
Chinese artificial intelligence (AI) company MiniMax reportedly raised $619 million in its Hong Kong initial public offering (IPO) on Friday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]

Meta’s $2 Billion Manus Deal Meets Regulatory Scrutiny in China

January 08, 2026
Chinese regulators are investigating Meta’s $2 billion purchase of artificial intelligence startup Manus, CNBC reported Thursday (Jan. 8). Get the Full Story Complete the form to unlock this article and...

Chinese eCommerce Sellers Say New Tax ‘Will Kill Us’

January 04, 2026
China’s government is reportedly seeing increased tax revenue from online vendors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Chinese AI Startup MiniMax to Seek $600 Million in Hong Kong IPO

December 30, 2025
Chinese artificial intelligence (AI) startup MiniMax reportedly aims to raise over $600 million in an initial public offering (IPO) in Hong Kong. Get the Full Story Complete the form to...