Short Video Creators Can Now Enjoy CNY1 Billion In Subsidies From Toutiao.com

RMBAttention spans are shrinking, so money to grab eyeballs is increasing. A Chinese online video site is incentivizing online creators …

Heightened Chinese Inflation Pushes Renren.com To Offer Employee Loans

Chinese social networking website Renren.com has announced that it will launch an interest-free housing scheme, and employees can apply for loans of between CNY200,000 and CNY400,000.

A Boss With Benefits: Alibaba Responds To China’s Rising Inflation

Chinese B2B e-commerce group Alibaba has announced plans to launch a CNY3 billion housing loan scheme for its employees and a CNY500 million education fund to solve the preschool and primary education problems of children of its employees.