Country Garden Says Executives Have Not Fled China

Facing a potential financial collapse, the embattled Chinese property developer Country Garden on Thursday denied rumors that its two most prominent executives had fled China. Country Garden took the unusual step of issuing a statement on its WeChat social media account declaring that Yang Guoqiang, the company’s founder, and his daughter Yang Huiyan, its chairwoman and majority shareholder, were “currently working normally in China.” It said rumors that the two had left the country were having “an adverse impact” during “a difficult period” for the company. The statement, issued on…

Bans on TikTok Gain Momentum in Washington and States

The Biden administration has negotiated with TikTok for two years to resolve the government’s concerns that the popular Chinese-owned video app poses a national security risk. But as talks drag on, state and federal lawmakers have become impatient and taken matters into their own hands. In the past several weeks, at least 14 states have banned TikTok on government-issued devices. In Congress, lawmakers are expected to vote this week on a sweeping spending bill that includes a ban of TikTok on all federal government devices. A separate bipartisan bill, which…

In FTX Collapse, Binance Sees a Chance to Become the New Face of Crypto

Mr. Zhao founded Binance after a brief career in finance, including a stint at Bloomberg, where he built trading software. He created the exchange when he was living in Shanghai. But soon after, the Chinese government banned cryptocurrency exchanges like Binance from operating in the country, and many of the company’s employees fled. Mr. Zhao maintains an active presence on Twitter but isn’t always easy to track down, having moved between Japan, Singapore, Lithuania, Malta and Dubai. Binance’s lack of a fixed headquarters is in keeping with the trend of…

Indiana Sues TikTok for Security and Child Safety Violations

Indiana’s attorney general on Wednesday sued the Chinese-owned app TikTok for deceiving users about China’s access to their data and for exposing children to mature content, in the first state lawsuits against the popular video service. Todd Rokita, the attorney general, claimed that TikTok, which is owned by the Chinese company ByteDance, violated state consumer protection laws by failing to disclose the Chinese government’s ability to tap sensitive consumer information. His office said in a separate complaint that TikTok deceived young users and their parents with its age rating of…

Chinese #MeToo Case Settled in U.S. Court

The Chinese billionaire entrepreneur Richard Liu has reached a settlement with Liu Jingyao, a former University of Minnesota student who accused him of rape in a Minneapolis apartment after a night out in 2018, in a case that has riveted China and been held up as a landmark episode in China’s struggling #MeToo movement. The agreement, which was announced in a joint statement late Saturday, came just two days before a civil trial was to begin in a Minneapolis courtroom. Lawyers from both parties said Mr. Liu and Ms. Liu,…

U.S. Accuses Steve Wynn of Lobbying Trump on Behalf of China

The Justice Department sued the former casino mogul Stephen Wynn on Tuesday, saying he had made repeated requests on behalf of the Chinese government to Donald J. Trump when he was president and seeking to force Mr. Wynn to register as a foreign agent. In 2017, Mr. Wynn pushed Mr. Trump to deport a Chinese businessman who had sought asylum in the United States, according to the lawsuit. At the time, Mr. Wynn was the finance chairman of the Republican National Committee, a role he had been handpicked for by…

Alibaba Dismisses Employee Who Accused Her Boss of Rape

In the video she posted on the company’s internal website, she accused her boss, identified in media reports by his surname, Wang, of attacking her in a hotel in the city of Jinan after a drunken evening with a company client, whom she also accused of sexual assault. She said that she had reported the assault to the company but no one acted, prompting her to go public. Updated  Dec. 10, 2021, 8:09 p.m. ET Prosecutors in Jinan investigated her accusation but announced in September that they would not file…

China #MeToo Figure Vows to Appeal After Losing Landmark Case

A former television intern who became a prominent voice in China’s #MeToo movement against sexual assault and harassment has vowed to fight on after a court in Beijing ruled that she had not produced sufficient evidence in her harassment case against a star presenter. The former intern, Zhou Xiaoxuan, told supporters and journalists outside the Haidian District court in Beijing that she would appeal after judges ruled against her claim late Tuesday night. Ms. Zhou asserted in 2018 that Zhu Jun had assaulted her in a dressing room four years…