Maduro vows to declare a ‘republic in arms’ if US forces in the Caribbean attack Venezuela
Venezuelan President Nicolas Maduro on Monday said he “would constitutionally declare a republic in arms” if the South American country were attacked by forces that the United States government has…
Alibaba merges Ele.me, Fliggy into e-commerce unit in strategic shift · TechNode
Alibaba Group has merged its food delivery platform Ele.me and travel unit Fliggy into its China e-commerce division as part of a shift from a traditional e-commerce model to a…
Pricing law overhaul to ensure fair competition
A visitor (right) experiences a massage treatment conducted by an intelligent robot at a health maintenance store in Qinhuangdao, Hebei province, on June 18. CAO JIANXIONG/FOR CHINA DAILY China is…
Guatemala is prepared to receive hundreds of deported minors from US: President Arevalo
Guatemala is ready and willing to receive some 150 unaccompanied minors per week of all ages from the United States, President Bernardo Arevalo said on Monday, a day after a…
China tightens tax reporting rules for internet platforms · TechNode
China has rolled out new tax reporting rules for internet platforms in a move to boost transparency and enforcement. The regulations, which took effect June 23, require platforms to submit…
China advances development bank to help 10 Eurasian countries curb US dollar risks
A strong push on Monday to create a development bank serving 10 Eurasian countries, including China, would help insulate the group from increasingly risky US dollar-dominated trade while accelerating key…
Starbucks denies reports it plans to fully exit China · TechNode
Starbucks has responded to rumours of a potential stake sale in its China operations after reports resurfaced that the American coffee giant is looking for buyers for its business in…
Hong Kong’s crop of green bonds, ESG funds flourishes under mainland China’s climate push
Hong Kong was responsible for nearly half of the green bonds issued in Asia in 2024 and saw a surge in sustainability-related funds, as strong demand from regional mainland governments…
UBTECH plans Middle East mega factory after $1 billion Infini Capital deal · TechNode
Chinese tech firm UBTECH Robotics announced Monday that it had signed a $1 billion strategic financing agreement with global investment firm Infini Capital. Under the agreement, Infini Capital’s high-tech fund…
Youdao expands beyond education with AI-powered products
Youdao CEO Zhou Feng delivers a keynote speech at the company“s product launch ceremony. Youdao, the online education arm of Chinese tech firm NetEase, is widening its business horizons with…