China’s ZTE Teeters as US Ban Hits Operations

Chinese telecom giant ZTE faces a grim future after ceasing major operations due to a US ban on American sales of critical technology to the company, raising the stakes in a trade spat between the world’s two largest economies….

China’s Online Population Reaches 731 Million

The number of Internet users in China – already the world’s highest – reached 731 million in December, authorities said, as e-commerce drives consumer demand across the Asian giant. Total Internet users rose 6.2 percent…

Tencent Becomes China’s Most Valuable Company

China’s technology giant Tencent has become the country’s most valuable enterprise, Bloomberg reported Monday, beating state-owned telecom behemoth China Mobile and nearly reaching half of Apple’s valuation. Tencent stocks surged 4.16 percent at closing on…

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Uber partners with China’s Alipay

Uber Technologies Inc said it signed up with online payment platform Alipay to allow Chinese travelers to request and pay for rides using the Alipay app in the over 400 cities the ride-hailing service operates…