For much of the past two decades, Europe's luxury market has counted on the ferocious appetite of Chinese consumers to bolster its bottom line. But foreign luxury brands are facing a reckoning in China. Not only is China’s economy entering a more uncertain phase, giving consumers pause,...
Sixth Tone, a state-owned media outlet, has long been celebrated for carving out a unique space in China to tell stories about ordinary people. But over the past year, Beijing has tightened Sixth Tone's leash, illustrating how fearful censors have grown and marking the end...
Pinduoduo’s meteoric rise has taken other Chinese e-commerce titans by surprise. Now, with Temu, it is coming for the U.S. market. Can it continue to soar?
Two decades after the social credit system was conceived, China is hardly any closer to creating an honest society or one where, as the government motto puts it, “the untrustworthy are unable to move a single step.” And yet, ironically, with the system now fizzling...
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