Business Brief (April 2): China Pushes Green Power

Published: Apr. 2, 2026 6:23 p.m. GMT+8

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Premier Li Qiang stressed the need to continuously expand green power supply, advance the construction of a new power grid system and optimize the energy structure. The efforts aim to support high-quality economic and social development, Li said during a research tour in Sichuan from March 30 to April 1.

TikTok is applying for a fintech license in Brazil to launch credit and payment businesses.

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Premier Li Qiang calls for expanding green power, new grid, energy optimization during Sichuan tour (Mar 30-Apr 1).
TikTok applies for Brazil fintech license; NYC lifts gov device ban; ByteDance seeks 100 global AI talents.
South Korean airlines enter emergency mode due to soaring fuel prices.

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Who’s Who

ByteDance: ByteDance’s Seed team launched a campus recruitment drive aiming to hire 100 AI talents globally.

TikTok: TikTok is applying for a fintech license in Brazil to launch credit and payment businesses. New York City lifted its ban on using TikTok on government-owned devices.

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