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Business & Technology

The top news stories, headlines, news roundups, and related content from the world of Chinese business and technology — part of the daily SupChina newsletter, a convenient package of China’s business, political, cultural, and society news delivered to your inbox for free. SupChina is your premier source for China news.

Trump moves to rescind Hong Kong’s special status, terminates U.S. relationship with the WHO

President Trump’s press conference on Friday focused entirely on China. The U.S. President used sweeping rhetoric to announce measures punishing…

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Chinese Premier Li Keqiang: ‘recession will be followed by a new boom’

People cycle past a screen showing a news conference by Chinese Premier Li Keqiang after the closing session of the…

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Anthony Scaramucci: Trump is acting ‘nuts’ on China

Former White House communications director Anthony Scaramucci says President Donald Trump’s policies toward China are counterproductive. “When he acts nuts…

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Decoupling could hurt the U.S. more than China — economist Yukon Huang

Legislation passed by the U.S. Senate that may bar Chinese companies from U.S. markets, part of a broader push by…

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New U.S. regulations may send Chinese IPOs to other markets

The U.S. Senate has passed legislation which could bar some Chinese companies from U.S. stock exchanges. The bill was approved…

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Disney’s streaming wunderkind joins TikTok

Kevin Mayer, who transformed Disney into a streaming powerhouse, is leaving to become the CEO of TikTok, a Chinese social…

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As China moves to reopen movie theaters, Disney CEO says ‘We’re a bunch of optimists’

China is allowing movie theaters in some parts of the country to reopen, which may be good news for both…

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Meat shortages in U.S. stores and booming exports to China lead to scrutiny in Washington

Last month, Oklahoma representatives Frank Lucas and Marcia Fudge introduced the Agricultural Security Risk Review Act, which would make the…

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Tesla borrows more than half a billion dollars from Chinese state bank

China is loaning Tesla more than half a billion dollars to expand its Shanghai car manufacturing plant, the company disclosed…

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The Indianapolis-Shanghai partnership that could develop an effective COVID-19 remedy

Li Shengli via Reuters American pharmaceutical company Eli Lilly & Co., based in Indianapolis, Indiana, is partnering with Shanghai Junshi…

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Will China control the global internet via its Digital Silk Road?

Will Beijing use the Digital Silk Road  — the technology sidekick to the Belt and Road Initiative — to grow…

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Shanghai Disneyland reopens next Monday — first Disney park in the world post-COVID-19

Shanghai Disneyland — Reuters / Xia Lei Shanghai Disneyland was the first of Disney’s theme parks to close on January…

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China’s satellite launches slow down but crewed spaceflight is ready for liftoff

China’s stated goal of conducting more than 40 orbital space launches across 2020 appears to have suffered a major setback…

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Facebook goes quiet on Libra, as China prepares to launch world’s first official digital currency

As Facebook’s planned payment system, Libra, flounders, China has become the first country to test an official digital currency that…

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Dangdang’s divorce saga continues as co-founder Li Guoqing steals company seals

Lǐ Guóqìng 李国庆 and Yú Yú 俞渝 co-founded Chinese ecommerce platform Dangdang.com as a couple in 1999. They announced their…

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