In Depth: How Chinese companies can exit social credit blacklists

In Depth: How Chinese companies can exit social credit blacklists

Authorities in eastern China’s Wenzhou caught a pet products store selling veterinary drugs in October 2018 without a license. They fined the owner 10,000 yuan ($1,405) and added his company to an online government list of businesses recently cited for illegal...
US to suspend entry of Chinese students with military ties

US to suspend entry of Chinese students with military ties

PALO ALTO, U.S. — President Donald Trump said Friday that Chinese students and scholars considered to have ties to China’s military will not be allowed entry into the U.S. to pursue graduate level research. A statement released later by the White House...
SoftBank leads $500m funding in Chinese ride-hailer Didi

SoftBank leads $500m funding in Chinese ride-hailer Didi

HONG KONG/TOKYO China’s largest ride-hailing company Didi Chuxing has raised $500 million for its autonomous driving subsidiary in a funding round led by SoftBank. The investment, the largest single funding round in China’s autonomous driving sector, marks...
Volkswagen takes 50% stake in Chinese carmaker’s parent

Volkswagen takes 50% stake in Chinese carmaker’s parent

BEIJING — Volkswagen has agreed to acquire a 50% stake in the parent company of Anhui Jianghuai Automobile Group, in the hopes of cementing its foothold in China and leaving behind its Japanese rival Toyota Motor. China also wants to deepen its relationship with...