Keith 2.0
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Luckin to be delisted from Nasdaq after fraud scandal
Amid push from U.S. lawmakers to tighten regulation of Chinese and other foreign companies that list of U.S. exchanges, NASDAQ has said it will delist Luckin Coffee. A legal challenge from the company may be forthcoming.
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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 video app that has surged in popularity and drawn scrutiny from U.S. lawmakers.
China abandons GDP growth target
China scraps its annual GDP growth target, which has served as its agenda-setting North Star for more than 40 years.
Hong Kong shaken after Beijing’s announcement of security law
After a long year of anti-Beijing protests and legal limbo, Beijing looks set to strengthen it’s control of Hong Kong once and for all.
Chinese actor slammed for misogynist views in parenting book
Chinese actor and filmmaker Guō Tāo 郭涛 has found himself in hot water after misogynist views expressed in his 2014 parenting book resurfaced on Chinese…
Wuhan discharges final COVID-19 patient as schools reopen in some Chinese cities
On April 26, three months and three days after Wuhan entered an unprecedented lockdown to deal with tens of thousands of cases of a rapidly spreading…
Chinese mom accidentally kills infant after following dodgy baby-sleep advice
A Chinese child-raising consulting agency giving unscientific and — in some cases — dangerous parenting advice to new moms is in the news after a baby died when a new mother followed its recommendations.
Xi says back to work, back to school, back to consumption to revive struggling economy
[M]illions of small businesses and households are battling to survive, and unemployment, especially among migrant workers, has remained elevated,
China pushes back against calls for COVID-19 transparency
China is responding to increasing criticism from abroad for its lack of transparency about the early days of the COVID-19 epidemic. Political leaders in Australia…
Lululemon faces China boycott over ‘Bat Fried Rice’ shirt
Canadian athleisure brand Lululemon has upset Chinese consumers after its global art director, Trevor Fleming, promoted a “Bat Fried Rice” shirt on his personal social media account. While Lululemon quickly apologized and fired Fleming, many Chinese internet users have called for a boycott of the apparel retailer.