Subject

#Beijing

3 stories on this subject

Alibaba, JD.com fall after China rebukes 618 discount promotions

What's new: Beijing regulators also targeted PDD, ByteDance and Xiaohongshu over alleged false advertising during the midyear shopping festival.

The Business Times (Singapore), Bloomberg

Why it matters: The offer tops a $600 million bid from Sun Art and could intensify antitrust scrutiny as Meituan also pushes deeper into groceries.

The Business Times (Singapore), Bloomberg

Why it matters: The move signals a broader effort to stabilize ties with Beijing, unsettling US partners across Asia.

The Straits Times, The New York Times