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China’s crackdowns

China’s highest tax authority is on a mission to ensure that internet streamers pay their fair share of taxes. Photo: Getty Images
E-commerce

China’s tax man is coming for live-streamers who evade taxes

Huge fines are being imposed on high-profile internet celebrities and streaming hosts, as state authority says they must set a positive example for fans.

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China economy

My Take | Unusual draft law signals China’s resolve to protect private economy

China's economic recovery

China curbs ‘excessive’ law enforcement in quest to quell private sector doubts

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China’s Communist Party

China throws the book: more corruption suspects hit with illicit reading claims

Growing number of disgraced officials being accused by anti-corruption agencies of reading forbidden books, cited as disloyalty to the party.

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Allegations of reading politically forbidden books have appeared in at least a dozen corruption case readouts this year in China. Photo: Shutterstock
Alibaba

Alibaba looks on course for a turnaround amid investor frenzy for Chinese stocks

The renewed positive market sentiment for Alibaba reflects its resilience after struggling in recent years.

Alibaba

Alibaba’s antitrust review comes to close after 3 years of government scrutiny

The State Administration for Market Regulation praised Alibaba for its compliance with the antitrust authority, giving the firm full recognition.

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China technology

My Take | China’s video gaming industry needs more like Black Myth: Wukong

Wukong’s commercial and political success in China has boosted the country’s struggling video gaming industry.

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A poster of the video game Black Myth: Wukong seen in Hangzhou, east China’s Zhejiang province. Photo: Xinhua
Banking & finance

Liu Jin resigns as Bank of China’s president for ‘personal reason’

The move came as a surprise as Liu, born in 1967, has yet to reach the official retirement age of 60 years for men.

China society

Shanghai’s shut-down liberal bookstore to be reborn as JF Books in Washington

Jifeng Bookstore hosted some 800 seminars in the five years before it closed, a tradition that will continue at the US store, owner Yu Miao says on WeChat.

Didi Chuxing

Ride-hailing giant Didi sees record transactions in June quarter

Didi Global reported a 15 per cent jump in transaction value to US$13.5 billion, while orders rose 17 per cent to 3.9 billion.

A woman walks past the headquarters of Didi Global in Beijing. Photo: AP
China’s Communist Party

Chinese cartoon campaign warns village clans against hindering Communist Party

Official social media post declares that clans form a ‘state within a state’, with potential for negative social effects.

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A cartoon circulating on official Chinese websites and social media accounts is intended as a cautionary tale against confronting the Communist Party and the government. Photo: Handout
China's economic recovery

Explainer | How phase IV of China’s Golden Tax System could be the taxman’s secret weapon

With tax evasion costing China tens of billions of yuan a year, authorities are looking to plug leaks and shore up oversight in the 30-year-old system.

China’s Communist Party

No bold moves: China’s wide anti-corruption net has officials afraid to innovate

China’s leadership urged to introduce new incentives for local officials who are now playing it safe in the face of anti-graft measures.

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China education

After years of struggle against private tutoring, has China declared a truce?

Three years after a crackdown on China’s private tutoring industry, the sector has not disappeared – in fact, demand is high as ever – and recent rhetoric suggests official stances may be softening.

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China’s private tutoring companies, including New Oriental, saw near-deadly drops in value after the 2021 crackdown on for-profit education. Photo: Shutterstock
China’s Communist Party

China says no ‘throwing eggs’ as party officials become fans of poker-like game

Guandan, or ‘throwing eggs’ in Chinese, has fallen out of favour over concerns the game may fuel a ‘negative atmosphere’ in the workplace.

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Players compete in a guandan competition in June last year in Huaian, Jiangsu province, the birthplace of the game. Photo: NurPhoto via Getty Images
Trending in China

China actress Angelababy slips back into view after Crazy Horse Paris controversy

Chinese actress Angelababy is easing her way back into public life after she was banned by the mainland authorities for attending the risque Crazy Horse Paris cabaret show in France last year.

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China’s third plenum

China trains sights on vast finance sector with new anti-corruption body

CCDI makes announcement following third plenum goal to ‘bring all financial activities under supervision’.

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Video gaming

Beijing approves 105 video games in July, including new Tencent, miHoYo titles

The National Press and Publication Administration granted licences to Tencent’s Arena Breakout: Infinite and miHoYo’s Xingbu Gudi, about which little is known.

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Chinese gamers compete while playing Tencent’s hit mobile title Honor of Kings in Wuhan on May 1, 2018. Photo: Imaginechina via AFP
Tencent

Tencent to close online education platform as restructuring efforts continue

Shuttering the 10-year-old online education platform with more than 400 million users shows Tencent’s focus on its cost-cutting strategy.

Crime in China

China drops controversial ‘hurt feelings’ clause from public security admin law

NPC law committee member Shen Chunyao says the proposal was subjective and open to misinterpretation.

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China's economic recovery

‘Softer’ law enforcement urged as China looks to calm private sector nerves

After incidents related to tax collection that have left some businesses concerned for their operations, China has issued calls for a more predictable approach to law enforcement in an attempt to assuage their fears.

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China has been advised to adopt a “softer” approach in its law enforcement as it attempts to win back favour among the private sector. Photo: AFP
China stock market

China anti-corruption unit detains provincial market regulator amid stock slump

The chief of a CSRC branch in Jiangsu province is under anti-corruption investigation, the Central Commission for Discipline Inspection confirms.

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Ling Feng, party secretary and director of the Jiangsu Securities Regulatory Bureau, is being investigated by anti-corruption officials, the Central Commission for Discipline Inspection said. Photo: Handout
Trending in China

Tax worries continue to plague China actress Fan Bingbing despite Malaysian tourism role

Internationally renowned Chinese actress Fan Bingbing continues to be plagued by her less-than-perfect tax affairs, despite her recent appointment as a tourism ambassador for the Malaysian state of Malacca.

Tencent

JPMorgan finds ‘upside’ in tech stocks as China bear turns bullish

‘Macro indicators which are showing early indication of a stabilisation’ have driven a rally, according to a JPMorgan analyst known for his bearish stance.

Video gaming

Tencent pulls DnF Mobile from app stores of Huawei, Oppo and Vivo

The move comes less than a month after hit video game Dungeon & Fighter Mobile was launched by Tencent Holdings on the mainland.

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Action role-playing game Dungeon & Fighter Mobile has become a runaway hit for Tencent Holdings. Photo: SCMP
Cybersecurity

China cracks down on seeds of cyberbullying after suicides linked to abuse

Online publishers must push awareness of online abuse, censor comments in advance and cut off live broadcasts containing violent information.

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Chinese government ministries and agencies have jointly issued regulations to crack down on cyber abuse, including that internet information providers must not serve anonymous users. Photo: AFP
Blockchain

Major crypto exchange Bybit opens up to Chinese users based overseas

The platform now lets Chinese citizens living abroad sign up for an account, even as the mainland imposes a strict ban on crypto trading.

TikTok

ByteDance-owned TikTok said to cut hundreds of jobs globally

The lay-offs, which were announced internally earlier this week, are expected to affect TikTok’s operations and marketing departments.

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China’s crackdowns
Beijing has launched wide-ranging regulatory crackdowns in sectors such as technology, education and entertainment.
last updated:
9 September, 2024
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