Shein’s Data Management Under Investigation by China’s Regulator, Risking Delay in New York Stock Exchange Entry

Shein’s Data Management Under Investigation by China’s Regulator, Risking Delay in New York Stock Exchange Entry

The Cyberspace Administration of China (CAC), China’s internet regulator, has launched an investigation into Shein’s data management. This initiative risks greatly delaying the e-commerce giant’s planned entry into the New York Stock Exchange. Data transfer abroad at the heart of concerns… The Cyberspace Administration of China (CAC), China’s internet regulator, has launched an investigation into … Read more

Morocco’s House of Representatives Considers Banning TikTok Over Safety Concerns

Morocco’s House of Representatives Considers Banning TikTok Over Safety Concerns

The Committee on Education, Culture and Communication in the House of Representatives discussed a proposal to ban “TikTok” in Morocco as well as other applications that do not have security criteria for use . This proposed ban is justified by the negative impact of this application on certain age categories, particularly young people and adolescents, … Read more

Erenhot Terminal in China’s Inner Mongolia Sees 30.8% Increase in China-Europe Freight Trains

A China-Europe freight train passes the national gate at Erenhot Terminal in north China’s Inner Mongolia Autonomous Region, January 8, 2021. (Photo: Guo Pengjie) HOHHOT, Jan. 6 (Xinhua) — Erenhot Terminal of north China’s Inner Mongolia Autonomous Region handled 3,294 China-Europe freight trains in 2023, an increase of 30.8 percent in year-on-year, the local entry … Read more

Huawei’s Triumph: Record 9% Increase in Turnover in 2023

Huawei’s Triumph: Record 9% Increase in Turnover in 2023

Three years after the toughest US sanctions came into force, Huawei can triumph. In 2023, the Chinese group will record a 9% increase in its turnover, returning above the 700 billion yuan (89 billion euros) mark. “After years of hard work, we managed to weather the storm. And now we are back on track,” welcomes … Read more

China: forced labor of Uyghurs still fuels the European clothing market

China: forced labor of Uyghurs still fuels the European clothing market

New report, new alarm bells. The Progressive Alliance of Socialists and Democrats of the European Parliament (S&D) unveils, Wednesday December 6, a new investigation into the forced labor of Uyghurs, a Muslim people originating from western China, persecuted and oppressed by the Chinese government . The report, commissioned by Socialist MEPs at Sheffield Hallam University … Read more

Business continues at Sitevi despite the wine crisis

Business continues at Sitevi despite the wine crisis

Sitevi exhibitors saw fewer Languedoc and Bordeaux residents than usual but did business with winegrowers from Alsace, Beaujolais, Burgundy… and the New World in search of solutions to climate change and interested in robotics. C hisristophe Lecarpentier is very happy with his first Sitevi. After having exchanged with numerous exhibitors, the new director of the … Read more

Shein has filed an application to list on the New York Stock Exchange

Shein has filed an application to list on the New York Stock Exchange

Shein, a Chinese fast fashion giant, has confidentially filed an application for an IPO on the New York Stock Exchange. This IPO could well be one of the most important of this… Shein, a Chinese fast fashion giant, has confidentially filed an application for an IPO on the New York Stock Exchange. This IPO could … Read more

The Rising Trend of Online Lending and Its Negative Impact on Young Consumers

The Rising Trend of Online Lending and Its Negative Impact on Young Consumers

Despite the suffocating summer heat, Ruoyi* breaks out in a cold sweat. She glances dully at her vibrating cell phone: another unknown call, the twenty-third of the day! This is undoubtedly a new request for recovery, accompanied by threats. She can receive up to hundreds per day. Unlike the older generation, who sought to save … Read more

Arrests Made in New York’s Clandestine “Police Station” and Cyber-Harassment Case

Arrests Made in New York’s Clandestine “Police Station” and Cyber-Harassment Case

American justice arrested two people on Monday, suspected of having participated in the operations of a clandestine “police station” in the heart of Chinatown, in New York. Dozens of Chinese officials have also been indicted for cyber-harassment activities against pro-democracy activists. Published on: 04/18/2023 – 05:05 3 mn “Clandestine police station” in the middle of … Read more

China’s State Council Approves Decision to Abolish and Adjust Administrative Fines, Fostering Better Business Environment and Lowering Costs

BEIJING, Oct. 20 (Xinhua) — China’s State Council on Friday approved a decision to abolish and adjust 33 administrative fines to create a more favorable business environment and reduce operating costs. . Administrative fines will be minimized if they do not fall within statutory mandates, do not meet the needs of economic and social development, … Read more