China

A tech company employee, Li, exploited his position as account manager for a beer company’s marketing campaign to embezzle 6.5 million yuan ($900,000 USD). Li manipulated the system to generate fake winning QR codes, which he and his associates redeemed. The scheme, lasting over a year, was discovered after an audit revealed unusually high prize payouts. Li was found guilty of embezzlement and sentenced to six years in prison with a 100,000 yuan fine.

The operator of “Sakura Anime,” a Chinese website illegally distributing Japanese anime, has been sentenced to two years and three months imprisonment and fined RMB 15,000 for copyright infringement and forging documents. The Chengdu Intermediate People’s Court upheld the original ruling after an appeal. The website allegedly disseminated over 2,100 anime series without permission, ignoring requests from licensed distributors to remove the content. The case highlights the fight against digital copyright infringement.

Khaby Lame, the world’s second-most-followed influencer with 259 million followers, has joined Weibo, launching his first video and generating considerable interest. Known for his signature silent comedy and deadpan reactions, Lame’s move follows other foreign influencers finding success in China, such as Kai Cenat. Lame’s team hints at plans for him to fully integrate into Chinese social media and potentially travel to China, signaling a strategic expansion into the lucrative market. Forbes estimates Lame’s annual income at $20 million.

A woman in Nantong, China, drew a license plate with the sequence “88888,” sparking social media buzz. Rumors circulated about a quick resale for $388,000, but she and the dealership deny these claims. While offers reportedly reached $153,000, she intends to keep the car. Chinese regulations usually prevent direct plate sales, although valuable “leopard number” plates are sometimes auctioned, with some fetching exorbitant prices, like the “Yue V99999” which sold for $445,000.

BYD has entered the Fortune Global 500 list for 2025, ranking 91st. This is the fourth consecutive year BYD has climbed the prestigious ranking, signifying the electric vehicle and battery manufacturer’s continued growth and success on a global scale.

Xiaomi founder Lei Jun’s fitness regime, marked by 73 gym sessions this year, became a trending topic on Weibo amidst severe weather conditions in Northern China. Torrential rains have battered regions including Beijing and Hebei, raising concerns about flooding and landslides. Meteorologists attribute the extreme precipitation to a strong subtropical high, leading to unstable atmospheric conditions and record rainfall. Authorities are urging vigilance due to the elevated risk of flash floods and landslides.

Beijing will launch a national childcare subsidy in 2025, offering ¥3,600 annually per child until age three. Trip.com CEO James Liang argues subsidies boost demand and stimulate the economy, calling children the best investment amid overcapacity. However, critics note the subsidy covers only a small fraction of childcare costs. The article proposes tiered support: cash subsidies (¥1,000-¥3,000 monthly based on the number of children), tax/social security reductions, and housing subsidies, costing 2-5% of GDP, deemed necessary to restore birth rates.

China’s pioneering missing persons website, “China 寻亲网,” established in 2000 with over 57,000 reports, has abruptly shut down. This closure sparked debate, with some accusing commercialized “seeking relatives” KOLs of contributing to its demise. While early websites like “宝贝回家” and CCTV reality shows once dominated, short-video platforms now reign. The efficiency of these KOL-driven searches is now under scrutiny as users question their motives and the ethics of profiting from family reunions. Concerns arise about authenticity and the potential for exploitation.

China’s NAFR fined Haier Consumer Finance 2.35 million yuan (approximately $325,000 USD) for various violations, including misleading marketing, dubious debt collection, poor loan management, opaque fees, and violating consumer rights. Several executives received warnings and fines. The infractions related to actions before 2021, and Haier Consumer Finance stated it has taken corrective measures. This is not the first regulatory action against them; they were previously fined for credit information management issues. Despite the fines, Haier Consumer Finance has seen revenue and net profit growth since 2021.

Tencent is facing a lawsuit in China over the matching algorithm in “Honor of Kings.” A player alleges the algorithm manipulates matches to force a 50% win rate and is suing for disclosure of the algorithm’s mechanics. The plaintiff cites consumer rights to information. Tencent claims the algorithm is a trade secret. This is reportedly China’s first case concerning gaming algorithms. The lawyer aims to raise awareness about algorithmic fairness in the industry.