Evelyn Cheng
Senior Correspondent at CNBC
@CNBC, New Yorker in Beijing. NYU grad. Remember all those not on Twitter. Newsletter: https://t.co/VBzUHR8rPn
Articles
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3 days ago |
cnbc.com | Lee Ying Shan |Evelyn Cheng
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | ReutersChina is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S. dollar remains by far the world's predominant currency.
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1 week ago |
cnbc.com | Evelyn Cheng
Customers browse a POP MART display filled with Labubu characters and collectible figures from The Monsters series on June 16, 2025 in Chongqing, China. Cheng Xin | Getty Images News | Getty ImagesBEIJING — Shares in Pop Mart, the Chinese toy company behind the recent Labubu craze, continued to tumble Friday, after Morgan Stanley removed the stock from a focus list.
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1 week ago |
flipboard.com | Evelyn Cheng
6 hours agoWhether you reckon they are cute, ugly or just plain weird, chances are you have heard of the furry dolls that have become a global sensation - Labubu. Born a monster, the elf-like creature from Chinese toy maker Pop Mart is now a viral purchase. And it has no dearth of celebrity advocates: Rihanna, …
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1 week ago |
cnbc.com | Evelyn Cheng
Chinese influencer Luo Yonghao and co-host Xiao Mu tried out livestreaming on Sunday, June 15, 2025, using interactive digital avatars based on Baidu's generative artificial intelligence model. ScreenshotBEIJING — Avatars generated by artificial intelligence are now able to sell more than real people can, according to a collaboration between Chinese tech company Baidu and a popular livestreamer.
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1 week ago |
cnbc.com | Evelyn Cheng
JINHUA, CHINA - JUNE 16: Employees of a cross-border e-commerce enterprise sort and package express parcels in preparation for the 618 Shopping Festival on June 16, 2025 in Jinhua, Zhejiang Province of China. (Photo by Yang Meiqing/VCG via Getty Images)Vcg | Visual China Group | Getty ImagesThis report is from CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy.
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More Chinese companies are discussing AI-driven efficiencies, especially in marketing and coding https://t.co/wuHxMdOGLI
“This deal is taped together by the two sides’ leverage over each other, not common principles or shared interests,” says @kennedycsis “The chances for further stops and starts is quite high.”
U.S.-China agree to framework, taking it back to Trump/Xi for approval before implementation Rare earths are a 'fundamental' part of it, Lutnick says https://t.co/L0Pea6QiZX
The fact that the two sides will now brief their leaders “is a clear sign that some disagreements or unresolved details still require internal discussion,” said Jianwei Xu, senior economist at Natixis.
U.S.-China agree to framework, taking it back to Trump/Xi for approval before implementation Rare earths are a 'fundamental' part of it, Lutnick says https://t.co/L0Pea6QiZX
