Category: In Focus

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U.S. WeChat ban could hurt many in America, not just China, AP says

A WeChat logo is displayed on a mobile phone as a woman walks past as she talks on her mobile phone (Reuters)
A WeChat logo is displayed on a mobile phone as a woman walks past as she talks on her mobile phone (Reuters)

CGTN | 19-Aug-2020

In China, WeChat, or Weixin as it’s known, is critical: it’s texting, social media, cab-hailing, payments and more, all wrapped into one app. Many Chinese businesses don’t even need to use credit cards anymore, just WeChat. It has over a billion users, owner Tencent says, mostly in China. Mobile app firms have varying estimates for U.S. downloads – in the range of 19 to 26 million. Continue reading “U.S. WeChat ban could hurt many in America, not just China, AP says”

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European companies expand business in China, not succumbed to US pressure

The view of Suzhou Industrial Park (VCG)
The view of Suzhou Industrial Park (VCG)

Global Times | 18-Aug-2020 | By Zhang Hui in Suzhou

Many European companies in China that emphasize global collaboration are deciding to further tap into the Chinese market and expand their investment in China in spite of repeated US attempts to build an European alliance against China. Continue reading “European companies expand business in China, not succumbed to US pressure”