China’s anti-spy agency flags security risk from open window shades at dual-use airports

China’s anti-spy agency flags security risk from open window shades at dual-use airports

These airports are used for both civil aviation and regular air force training, and will be available for military use during wartime, the ministry said. Also, many of them are located near coastal and border areas “holding prominent strategic positions and significant military value”, it noted. The ministry said the warning was issued in reference … Read more

Alibaba’s B2B e-commerce platform eyes 20% growth in 2024, shrugs off rising competition

Alibaba’s B2B e-commerce platform eyes 20% growth in 2024, shrugs off rising competition

Alibaba.com, a business-to-business (B2B) cross-border e-commerce platform owned by Alibaba Group Holding, is projecting US$60 billion in gross merchandise value (GMV) for 2024, which would be a 20 per cent increase over the US$50 billion last year, the platform’s president Zhang Kuo said. The sourcing platform’s turnover growth slowed after a sevenfold increase in GMV … Read more

Potential TikTok ban threatens the US business of China’s cross-border sellers and the global ambitions of ByteDance

Potential TikTok ban threatens the US business of China’s cross-border sellers and the global ambitions of ByteDance

Luo said she was not quite sure how to answer. “If there hadn’t been this [bill], I would definitely recommend them to do so in the US,” she said, adding that her business in the US is “certainly more profitable” than those in other markets. TikTok Shop is the e-commerce service of the globally popular … Read more