Economy

Freshippo, Alibaba's fresh-food chain, announced plans to open 10 members-only warehouse supermarkets in China by the end of the year, with the first to open in Beijing on Friday. The…

China is releasing national reserves of copper, aluminum and zinc to stabilize the volatile bulk commodity market, according to a statement from the State Council, China's cabinet, on Wednesday. The…

Japanese business representatives on Wednesday called for resumption of direct flights between Chinese and Japanese cities with no quarantine to boost business, as more Japanese companies plan to expand in…

Online marketplace Taobao said it has discovered and addressed an unauthorized data scraping incident. No user information was sold to a third party and no economic loss occurred, the company…

Line Friends, one of the world's fastest growing global character brands under South Korea's top internet firm Naver, said on Tuesday that recent media coverage of its "withdrawing from the…

US financial sanctions on Russia, which as of Monday prohibited US financial institutions from buying new bonds directly from Russia's central bank, may further accelerate a global de-dollarization push, as…

The semiconductor division of Chinese tech giant Alibaba Group announced on Tuesday that its self-developed Xuantie embedded central processing unit (CPU) has made technological breakthroughs and achieved a world-class performance.…

China's Ministry of Education (MOE) said on Tuesday that it will establish a department to supervise the after-school education and training sector, as part of a national campaign to rein…