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2 mins read

940% Surge: Why Are Americans Frenziedly Downloading Chinese E-Commerce Apps? 

America’s Reckless Tariffs Have Unintentionally Boosted Chinese E-Commerce Apps No one saw this coming. After the U.S. imposed excessive tariffs, Chinese cross-border e-commerce app DHgate (Dunhuang) unexpectedly went viral stateside. Its downloads skyrocketed to #2 on the U.S. App Store’s free apps chart, trailing only ChatGPT in popularity. What Exactly Is DHgate? Public records show […]
5 mins read

Interpretation of the “Announcement on Promoting the ‘Instant Refund upon Purchase’ Service for Overseas Tourists’ Tax-Free Shopping”

2025-04-09 09:18 Source: State Taxation Administration Website To further enhance the convenience of tax refunds for overseas tourists and optimize their shopping experience, the State Taxation Administration has issued the Announcement on Promoting the “Instant Refund upon Purchase” Service for Overseas Tourists’ Tax-Free Shopping (hereinafter referred to as the “Announcement”). The key points are interpreted as follows: 1. […]
4 mins read

China’s visa-free transit policy fully relaxed and optimized

December 17, 2024 11:07 National Immigration Administration  The National Immigration Administration (NIA) announced today that it will fully relax and optimize the visa-free transit policy, which is effective immediately. The stay duration for foreign nationals eligible for visa-free transit has been extended from the previous 72 hours and 144 hours to 240 hours (10 days). Additionally, […]

Features and Events

5 mins read

Change of Leadership at ONVO: Is NIO Closer to Achieving Q4 Profitability?

Leadership Shakeup at ONVO Ai Tiecheng ultimately paid the price for the ambitious targets he once set. He transitioned from President of ONVO to “former President,” with Shen Fei, NIO’s former energy business head, now taking the helm as ONVO Auto’s President. For Ai Tiecheng, leaving ONVO was undoubtedly a difficult decision. Just two weeks […]

2 mins read

Tencent’s €1.16B Ubisoft Rescue: The “Rainbow Cloud Hero” Returns

Behind the $9 billion RMB investment in Ubisoft lies Tencent’s grand strategy for global expansion. “My destined lover is a peerless hero who will come marry me riding rainbow clouds.”— A Chinese Odyssey (1995) In today’s gaming industry, this cinematic prophecy finds new meaning as Tencent – the “rainbow cloud hero” who saved Ubisoft from […]