Alibaba Group lays off dozens of employees to cut costs: report
China's Alibaba Group has reduced the Yuanjing team, its metaverse arm, as part of a broader reset. The division was set up ...
Chinese solar firms go where US tariffs don't reach
Some Chinese-owned solar factories in Vietnam are cutting production and laying off workers, while new plants are popping up ...
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
EV leaders are facing roadblocks heading into the final quarter of 2024.
Alibaba cuts ‘dozens of employees’ at metaverse unit as hype in sector cools down
The lay-offs affected Alibaba metaverse unit Yuanjing’s operations in Shanghai and Hangzhou, according to a report.
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Why Chinese immigrants are taking over parks in the San Gabriel Valley to dance
In China, these impromptu dance gatherings are called, "plaza dancing." And they have been popping up in the SGV.
Xi Jinping calls on Macau’s next chief executive to unite sectors as they meet in Beijing
Chinese president lays out hopes for Macau’s next leader, Sam Hou-fai, as he receives appointment letter from Premier Li ...
Watch: Chinese astronauts show off their lavish space at Tiangong space station
Chinese astronauts recently gave a detailed tour of the country's Tiangong space station currently orbiting Earth at a height of 400 kilometres. The video shared by the Chinese state-owned news agency ...
World Street | Visa plans 1,400 layoffs; EU hikes tariffs on Chinese EVs; Google parent Alphabet reports strong Q3 growth; and more
From Visa's planned layoffs to the EU's increased tariffs on Chinese electric vehicles and ByteDance's surge in revenue, here’s a look at recent business developments ...