BUSINESS & FINANCE

BUSINESS & FINANCE

BUSINESS & FINANCE

• Has the Auto Price War Cooled Down? What’s Next for the Industry?

  For the past two years, the term “price war” has dominated conversations in the automotive sector. T...

• Wanda Group’s RMB 8 Billion Equity Frozen Again

  September 28 — According to corporate information platform Qichacha, Beijing Wanda Cultural Industry...

• Glamour or Trap? The Harsh Reality Behind China’s Group Live Streaming Boom

  Under dazzling lights and flawless filters, group live streaming (known as “tuán bō”) looks like a p...

• Alibaba Expands AI War Chest with ¥380 Billion: How Much Ammunition Is Left?

  At the 2025 Yunqi Conference, Alibaba CEO Wu Yongming announced a massive push into AI infrastructur...

• SF Express President Wang Wei Grants Employees a 120 Million Yuan Bonus — 100,000 Veteran Staff Each Receive a Special Appreciation Gift

  On September 26, social media lit up with posts claiming that SF Express President Wang Wei had pers...

• Wahaha’s $1.8 Billion Inheritance Trial Concludes in Hong Kong as Zong Fuli’s Appeal Is Rejected

  Wahaha’s $1.8 Billion Inheritance Battle has taken a dramatic turn as the Hong Kong High Court offic...

• Leapmotor Blacklisted as Dishonest Executor: Founder Faces Luxury Spending Ban Amid Company’s 3.61 Million Yuan Debt

  According to the China Enforcement Information Disclosure Network, on September 25, the People’s Cou...

• China’s Buses: Losing 200 Billion RMB a Year, Yet Still Irreplaceable

  As metros expand and private cars flood the streets, traditional buses seem to be fading into the ba...